Invesque: Top 10 Undervalued Nano Cap Stocks on TSX (IVQ-U)
Invesque is now ranked among the top 10 nano cap stocks on the Toronto Stock 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)
- Nano caps total market capitalization (<50M)
Stocks in this category are held primarily for capital appreciation. Nano, micro, and small cap stocks can be very volatile and may generate high returns or losses. Whereas mid and large cap stocks tend to be more stable.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| MPVD | Mountain Province Diamond | 0.17 | 0.82 | 0.65 (370.3%) | 42395 | 37.5 | 0.0 | 0.7 |
| IVQ-U | Invesque | 0.14 | 0.62 | 0.48 (345.3%) | 831 | 7.9 | 0.0 | 0.0 |
| IVQ | Invesque | 0.20 | 0.74 | 0.55 (280.9%) | 13197 | 11.0 | 0.0 | 0.0 |
| CFF | Conifex Timber | 0.34 | 1.07 | 0.72 (209.1%) | 51910 | 14.2 | 0.0 | 0.0 |
| TMD | Titan Medical | 0.06 | 0.16 | 0.10 (188.0%) | 45667 | 6.3 | 0.0 | 0.6 |
| EGLX | Enthusiast Gaming Hldgs | 0.13 | 0.33 | 0.20 (160.0%) | 192720 | 19.3 | 0.0 | 0.0 |
| DN | Delta 9 Cannabis | 0.01 | 0.04 | 0.02 (156.0%) | 1009682 | 3.4 | 0.0 | 0.0 |
| NVO | Novo Resources | 0.12 | 0.29 | 0.18 (155.4%) | 103814 | 40.6 | 0.0 | 0.0 |
| AXIS | Axis Auto Fin | 0.03 | 0.07 | 0.04 (149.4%) | 9324 | 3.6 | 0.0 | 0.0 |
| HOT-U | American Hotel Inc Props | 0.40 | 0.94 | 0.55 (138.8%) | 1095 | 31.2 | 19.0 | 0.0 |
All data provided as of June 15, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Invesque
Invesque Inc is a Canada-based company engaged in owning income-producing seniors housing and care properties. The company focuses on acquiring and investing in properties that offer transitional care, long-term care, memory care assisted living, independent living programs, and medical office properties. The rental income generates maximum revenue for the company. It offers its services to the United States of America.
Invesque is listed under IVQ-U on the Toronto Stock 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.
