Nutrien: Top 10 Undervalued Large Cap Stocks on TSX (NTR)
Nutrien is now ranked among the top 10 large 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)
- Large caps total market capitalization (10-200B)
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 |
|---|---|---|---|---|---|---|---|---|
| NTR | Nutrien | 63.16 | 99.13 | 35.97 (57.0%) | 1445979 | 31258.8 | 4.6 | 28.7 |
| FFH-U | Fairfax Finl Hldgs | 1080.22 | 1694.07 | 613.85 (56.8%) | 19 | 26595.8 | 0.0 | 6.6 |
| OTEX | Open Text | 41.54 | 63.83 | 22.29 (53.7%) | 541975 | 11323.3 | 3.3 | 17.7 |
| BIP-UN | Brookfield Infr Partners | 41.35 | 63.00 | 21.65 (52.4%) | 563671 | 19083.0 | 5.1 | 0.0 |
| ABX | Barrick Gold | 23.91 | 31.01 | 7.10 (29.7%) | 3410609 | 41986.0 | 2.3 | 21.2 |
| MG | Magna International | 53.28 | 68.57 | 15.29 (28.7%) | 1511558 | 15307.3 | 4.8 | 11.3 |
| DAY | Dayforce | 72.79 | 90.31 | 17.52 (24.1%) | 21349 | 11493.5 | 0.0 | 176.4 |
| FFH | Fairfax Finl Hldgs | 1500.01 | 1783.13 | 283.12 (18.9%) | 34156 | 36931.4 | 1.4 | 6.7 |
| CP | Canadian Pacific Kansas | 106.85 | 126.87 | 20.02 (18.7%) | 1190278 | 99862.0 | 0.7 | 28.6 |
| TPX-B | Molson Coors Canada | 72.20 | 85.41 | 13.21 (18.3%) | 368 | 15219.8 | 3.1 | 9.6 |
All data provided as of August 11, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Nutrien
Created in 2018 as a result of the merger between PotashCorp and Agrium, Nutrien is the world's largest fertilizer producer by capacity. Nutrien produces the three main crop nutrients--nitrogen, potash, and phosphate--although its main focus is potash, where it is the global leader in installed capacity with a roughly 20% market share.
Nutrien is listed under NTR 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.
