INEO Tech: Top 10 Undervalued Communication Services Sector Stocks on TSX-V (INEO)
INEO Tech is now ranked among the top 10 undervalued stocks in the Communication Services sector on the 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)
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 |
|---|---|---|---|---|---|---|---|---|
| OOOO | OOOOO Entertainment | 0.01 | 0.04 | 0.02 (165.6%) | 10550 | 1.2 | 0.0 | 0.0 |
| KIDZ | Kidoz | 0.20 | 0.51 | 0.31 (152.7%) | 2336 | 26.3 | 0.0 | 0.0 |
| GAME | GameSquare Holdings | 2.60 | 5.70 | 3.10 (119.2%) | 4619 | 31.5 | 0.0 | 0.0 |
| ARD | Armada Data | 0.01 | 0.02 | 0.01 (102.0%) | 10451 | 0.2 | 0.0 | 0.0 |
| CNS | Contagious Gaming | 0.01 | 0.01 | 0.00 (94.0%) | 50510 | 0.2 | 0.0 | 0.0 |
| ADYA | Adya | 0.03 | 0.05 | 0.02 (81.7%) | 300 | 0.7 | 0.0 | 0.0 |
| GKO | Geekco Technologies | 0.03 | 0.04 | 0.02 (74.1%) | 0.9 | 0.0 | 0.0 | |
| ZOMD | Zoomd Technologies | 0.09 | 0.14 | 0.06 (68.9%) | 13625 | 8.9 | 0.0 | 0.0 |
| ESE | ESE Entertainment | 0.10 | 0.16 | 0.06 (60.5%) | 81040 | 8.0 | 0.0 | 0.0 |
| INEO | INEO Tech | 0.04 | 0.07 | 0.03 (58.0%) | 73939 | 3.4 | 0.0 | 0.0 |
All data provided as of October 31, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
INEO Tech
INEO Tech Corp is a provider of location-based digital advertising, analytics, and loss prevention solutions for retailers. INEO's patented technology, the Welcoming System, integrates and monetizes digital screens with theft detection sensor gates at the entrance of retail stores.
INEO Tech is listed under INEO 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.
