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Canadian Net: Top 10 Undervalued Real Estate Sector Stocks on TSX-V (NET-UN)

AI-generated - The Globe and Mail - Tue Oct 31, 2023

Canadian Net is now ranked among the top 10 undervalued stocks in the Real Estate 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.

SymbolNameClose Price ($)Valuation ($)DifferenceAverage Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
LRT-UNLanesborough REIT0.010.010.01 (120.4%)503.40.00.3
SRESSun Residential REIT0.050.100.05 (95.4%)8753110.25.72.8
NXLVNexLiving Communities1.793.121.33 (74.5%)394630.02.22.6
MAR-UNMarwest Apartment0.691.030.34 (49.5%)65286.02.21.3
YAKMongolia Growth Group1.502.220.72 (47.9%)493541.00.016.7
IEIImperial Equities3.965.721.76 (44.3%)47037.42.05.1
RPPRegent Pacific Properties0.040.040.01 (26.3%)1501.40.00.0
NET-UNCanadian Net4.755.610.86 (18.1%)430697.67.296.8
TRBETribe Property Tech0.730.860.13 (18.0%)1929215.50.00.0
YEGYorkton Equity Group0.140.160.02 (16.4%)536015.20.00.0

All data provided as of October 30, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.

Canadian Net

Canadian Net REIT is an open-ended trust that acquires and owns high-quality triple net and management-free commercial real estate properties. The Trust operates in one segment, commercial real estate located in Canada.

Canadian Net is listed under NET-UN 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.