Nano One Materials: Top 10 Undervalued Chemicals Industry Stocks (NANO)
Nano One Materials is now ranked among the top 10 undervalued stocks in the Chemicals 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)
Chemicals: Chemical manufacturing companies engaged in diverse chemical and chemical-related operations, and basic chemicals manufacturing.
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 |
|---|---|---|---|---|---|---|---|---|
| FRXI | FRX Innovations | 0.04 | 0.09 | 0.06 (163.1%) | 43502 | 3.5 | 0.0 | 2.5 |
| NEO | Neo Performance Materials | 6.02 | 9.62 | 3.60 (59.8%) | 96855 | 266.8 | 6.6 | 0.0 |
| BOS | AirBoss of America | 5.42 | 7.93 | 2.51 (46.4%) | 21727 | 147.0 | 6.3 | 0.0 |
| HELI | First Helium | 0.08 | 0.10 | 0.02 (25.1%) | 151761 | 7.0 | 0.0 | 0.0 |
| IZ | Intl Zeolite | 0.06 | 0.07 | 0.01 (19.0%) | 12329 | 2.5 | 0.0 | 0.0 |
| IPD | Intl Parkside Products | 0.03 | 0.03 | 0.00 (12.8%) | 0.4 | 0.0 | 0.0 | |
| GRA | NanoXplore | 2.18 | 2.46 | 0.28 (12.7%) | 84492 | 369.4 | 0.0 | 0.0 |
| GGG | G6 Materials | 0.07 | 0.08 | 0.01 (12.2%) | 11100 | 1.2 | 0.0 | 0.0 |
| NANO | Nano One Materials | 1.66 | 1.80 | 0.14 (8.3%) | 58055 | 174.4 | 0.0 | 0.0 |
| VNP | 5N Plus | 4.64 | 4.94 | 0.30 (6.5%) | 92897 | 413.2 | 0.0 | 19.8 |
All data provided as of April 22, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Nano One Materials
Nano One Materials Corp is a Canada-based company engaged in developing processing technology for the production of battery materials used in electric vehicles, energy storage, and consumer electronics. It is a technology company with a patented process for the low-cost production of cathode materials used in lithium-ion batteries.
Nano One Materials is listed under NANO 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.
