Linamar: Top 10 Undervalued Mid Cap Stocks on TSX (LNR)
Linamar is now ranked among the top 10 mid 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)
- Mid caps total market capitalization (2-10B)
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 |
|---|---|---|---|---|---|---|---|---|
| LSPD | Lightspeed Commerce | 17.08 | 30.62 | 13.54 (79.3%) | 684422 | 2643.0 | 0.0 | 0.0 |
| AG | First Majestic Silver | 6.89 | 11.40 | 4.51 (65.4%) | 668512 | 2012.1 | 0.3 | 0.0 |
| BEPC | Brookfield Renewable | 37.97 | 56.31 | 18.34 (48.3%) | 248603 | 6821.0 | 4.9 | 6.7 |
| BTO | B2Gold | 3.37 | 4.89 | 1.52 (45.0%) | 2774902 | 4406.9 | 6.4 | 0.0 |
| U-UN | Sprott Physical Uranium | 24.30 | 34.50 | 10.20 (42.0%) | 868601 | 6054.3 | 0.0 | 1.7 |
| GLXY | Galaxy Digital Hldgs | 13.59 | 18.28 | 4.69 (34.5%) | 725947 | 4596.3 | 0.0 | 2.4 |
| LNR | Linamar | 62.64 | 79.67 | 17.03 (27.2%) | 122740 | 3867.4 | 1.5 | 6.4 |
| EQX | Equinox Gold | 6.83 | 8.49 | 1.66 (24.3%) | 698384 | 3220.6 | 0.0 | 8.4 |
| SSL | Sandstorm Gold | 7.08 | 8.49 | 1.41 (20.0%) | 180036 | 2122.7 | 1.1 | 51.5 |
| AC | Air Canada | 15.62 | 18.63 | 3.01 (19.2%) | 2796689 | 5873.1 | 0.0 | 3.5 |
All data provided as of August 11, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Linamar
Linamar Corp is a diversified global manufacturing company of highly engineered products. The Company's Industrial segment operates the Skyjack and MacDon brands, It manufactures products for the Aerial Work Platform and Agricultural industries, respectively. The Mobility segment features vertically integrated operations to combine expertise in light metal casting, forging, machining and assembly of components and systems for electric and traditional vehicle applications.
Linamar is listed under LNR 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.
