Quarterhill: Top 10 Undervalued Hardware Industry Stocks (QTRH)
Quarterhill is now ranked among the top 10 undervalued stocks in the Hardware 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)
Hardware: Companies that design, develop, manufacture, and market equipment for the communication industry, including fiber-optic cable; telecom peripherals; voice and data transmission and processing equipment; satellite products and equipment; videoconferencing systems and equipment; and interactive communication systems. Also includes companies that offer networking products that provide connectivity solutions for multi-use computing environments.
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 |
|---|---|---|---|---|---|---|---|---|
| CEBI | CE Brands | 0.14 | 0.68 | 0.54 (388.6%) | 823 | 0.5 | 0.0 | 0.0 |
| NXO | NexOptic Technology | 0.02 | 0.05 | 0.03 (163.5%) | 3.9 | 0.0 | 0.0 | |
| YNV | Ynvisible Interactive | 0.10 | 0.19 | 0.09 (85.5%) | 14204 | 12.5 | 0.0 | 0.0 |
| FLT | Drone Delivery Canada | 0.20 | 0.31 | 0.12 (60.8%) | 142155 | 43.7 | 0.0 | 0.0 |
| BECN | BEACN Wizardry & Magic | 0.10 | 0.16 | 0.06 (60.3%) | 1941 | 5.3 | 0.0 | 0.0 |
| TSAT | Telesat | 11.14 | 13.68 | 2.54 (22.8%) | 1244 | 152.7 | 0.0 | 1.2 |
| NSCI | Nanalysis Scientific | 0.41 | 0.50 | 0.09 (20.7%) | 29873 | 42.9 | 0.0 | 0.0 |
| DBO | D-Box Technologies | 0.07 | 0.08 | 0.01 (15.7%) | 47227 | 15.5 | 0.0 | 14.0 |
| YTY | Wi2Wi | 0.03 | 0.03 | 0.00 (14.0%) | 35428 | 3.8 | 0.0 | 0.0 |
| QTRH | Quarterhill | 1.74 | 1.97 | 0.23 (13.4%) | 64524 | 200.3 | 0.0 | 0.0 |
All data provided as of July 14, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Quarterhill
Quarterhill Inc is focused on the acquisition, management, and growth of companies in the intelligent transportation systems (ITS) and innovation and licensing industries. It operates in two segments Licensing, which includes companies that count licensing as their principal business activity, and Intelligent Transportation Systems, which include companies that provide integrated systems and solutions to the ITS industry and its adjacent markets.
Quarterhill is listed under QTRH 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.
