NexgenRx: Top 25 Undervalued Dividend Stocks on TSX-V (NXG)
NexgenRx is now ranked among the top 10 undervalued small cap dividend-paying stocks on the TSX Venture Exchange (TSX-V).
- 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).
- Small, micro and nano group market capitalization (<10B)
Stocks in this category are held primarily for potential income and capital appreciation. Dividend stocks showing a higher valuation than their current price have both potential upside and ability to sustain or grow their dividend.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| NET-UN | Canadian Net | 4.98 | 5.56 | 0.58 (11.6%) | 7273 | 102.4 | 6.9 | 5.6 |
| LPC | Lorne Park Capital | 1.25 | 1.29 | 0.04 (3.4%) | 1528 | 69.2 | 2.2 | 34.7 |
| NXG | NexgenRx | 0.22 | 0.22 | 0.00 (0.6%) | 3250 | 15.5 | 4.5 | 0.0 |
| SECU | SSC Security Services | 2.65 | 3.20 | 0.55 (20.6%) | 4915 | 51.0 | 4.5 | 0.0 |
| UFC | Urbanfund | 0.84 | 0.94 | 0.10 (11.9%) | 1690 | 49.5 | 6.0 | 7.9 |
| MAR-UN | Marwest Apartment | 0.77 | 1.18 | 0.41 (52.9%) | 5074 | 6.7 | 2.0 | 0.8 |
| NXLV | NexLiving Communities | 1.68 | 3.12 | 1.44 (85.9%) | 4315 | 28.1 | 2.4 | 5.6 |
| SRES | Sun Residential REIT | 0.04 | 0.07 | 0.03 (56.2%) | 86568 | 9.2 | 8.4 | 0.0 |
| PINE-UN | Pine Trail | 0.04 | 0.04 | 0.00 (5.4%) | 6215 | 1.2 | 7.7 | 26.9 |
| NWX | Newport Exploration | 0.16 | 0.16 | 0.00 (0.7%) | 24460 | 16.9 | 21.9 | 8.0 |
All data provided as of December 31, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Companies included above paid a dividend in the last 12-months.
NexgenRx
NexgenRx Inc administers, adjudicates and pays drug, dental and other extended health-care claims for the beneficiaries of health benefit plans underwritten by its customers using proprietary computer software and provides ancillary services. Some of the products and services of the company are Dental Claims, Prescription Drug Claims and many more.
NexgenRx is listed under NXG 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.
