Optiva: Top 10 Undervalued Technology Sector Stocks on TSX (OPT)
Optiva is now ranked among the top 10 undervalued stocks in the Technology sector 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)
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 |
|---|---|---|---|---|---|---|---|---|
| ADCO | Adcore | 0.18 | 0.34 | 0.15 (81.3%) | 11200 | 11.2 | 0.0 | 0.0 |
| OPT | Optiva | 4.75 | 8.06 | 3.31 (69.7%) | 1614 | 29.4 | 0.0 | 0.0 |
| WNDR | WonderFi Techs | 0.25 | 0.40 | 0.15 (59.0%) | 1585443 | 155.6 | 0.0 | 0.0 |
| BYL | Baylin Technologies | 0.23 | 0.35 | 0.12 (52.2%) | 48303 | 20.3 | 0.0 | 0.0 |
| VQS | VIQ Solns | 0.21 | 0.31 | 0.10 (49.0%) | 34239 | 8.1 | 0.0 | 0.0 |
| TSAT | Telesat | 13.19 | 17.37 | 4.18 (31.6%) | 548 | 179.1 | 0.0 | 1.1 |
| DBO | D-Box Technologies | 0.09 | 0.10 | 0.01 (16.0%) | 28424 | 18.7 | 0.0 | 26.7 |
| HAI | Haivision Systems | 4.86 | 5.62 | 0.76 (15.7%) | 64372 | 141.1 | 0.0 | 0.0 |
| CTS | Converge Tech Solns | 4.87 | 5.61 | 0.74 (15.2%) | 385669 | 998.7 | 0.7 | 0.0 |
| PAY | Payfare | 7.13 | 7.99 | 0.86 (12.1%) | 209844 | 349.7 | 0.0 | 29.6 |
All data provided as of February 05, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Optiva
Optiva Inc is engaged in offering next-generation software solutions to help the telco industry and customers leverage today's digital technologies. The company's portfolio of products enables real-time billing, charging, policy management and user experience that are critical to customers' growth and performance. When deployed in the cloud, Optiva solutions deliver the most impact for the best value.
Optiva is listed under OPT 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.
