Itafos: Top 10 Undervalued Agriculture Industry Stocks (IFOS)
Itafos is now ranked among the top 10 undervalued stocks in the Agriculture industry on the Toronto Stock Exchange or TSX Venture Exchange.
- A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company
- Valuation methodology provided by Stockcalc (see below)
Agriculture: Companies that manufacture nitrogenous and phosphatic fertilizers, pesticides, seed, and other agricultural chemical products.
Stocks in this category are held primarily for capital appreciation.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| EAC | Earth Alive Clean Tech | 0.02 | 0.05 | 0.03 (140.7%) | 43401 | 10.4 | 0.0 | 0.0 |
| IFOS | Itafos | 1.27 | 2.61 | 1.34 (105.9%) | 23920 | 245.3 | 0.0 | 2.3 |
| KRN | Karnalyte Resources | 0.22 | 0.34 | 0.12 (54.4%) | 7339 | 11.7 | 0.0 | 0.0 |
| GROW | CO2 Gro | 0.08 | 0.10 | 0.02 (19.1%) | 12821 | 7.8 | 0.0 | 0.0 |
| MGRO | MustGrow Biologics | 1.25 | 1.28 | 0.02 (1.9%) | 27208 | 62.6 | 0.0 | 0.0 |
All data provided as of December 31, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Itafos
Itafos Inc operates as a vertically integrated phosphate fertilizer and specialty products company. It operates through Itafos Conda, Arraias, Development and Exploration, and Corporate segments. The company produces and sells mono ammonium phosphate (MAP), super phosphoric acid (SPA), merchant grade phosphoric acid (MGA), single superphosphate (SSP), and specialty products, including ammonium polyphosphate (APP).
Itafos is listed under IFOS on the TSX Venture Exchange.
Stockcalc
StockCalc is a Canadian fintech company specializing in fundamental valuations for North American stocks and ETFs.
Stockcalc valuations (https://www.stockcalc.com/Resources) can help determine if a stock is undervalued. Stockcalc’s Weighted Average Valuation (WAV) is based on a proprietary calculation using model and analyst inputs, including:
- Discounted Cash Flow (DCF)
- Price & Other Comparables
- Multiples
- Adjusted Book Value (ABV)
- Analyst Consensus
Artificial Intelligence at Report on Business
Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
