RE Royalties: Top 25 Undervalued Dividend Stocks on TSX-V (RE)
RE Royalties 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 |
|---|---|---|---|---|---|---|---|---|
| WP | Western Pacific Trust | 0.28 | 0.29 | 0.01 (2.6%) | 952 | 7.5 | 1.8 | 19.3 |
| NXG | NexgenRx | 0.25 | 0.27 | 0.02 (9.7%) | 6353 | 18.2 | 4.0 | 0.0 |
| LPC | Lorne Park Capital | 1.30 | 1.31 | 0.01 (0.7%) | 565 | 72.4 | 2.2 | 40.6 |
| PINE-UN | Pine Trail | 0.03 | 0.03 | 0.00 (16.3%) | 18291 | 1.1 | 6.0 | 28.5 |
| ORC-B | Orca Energy Group | 3.09 | 4.96 | 1.87 (60.6%) | 11659 | 61.2 | 12.9 | 10.2 |
| MAR-UN | Marwest Apartment | 0.79 | 1.19 | 0.40 (50.8%) | 2050 | 6.8 | 1.7 | 1.3 |
| RE | RE Royalties | 0.49 | 0.59 | 0.10 (19.4%) | 23975 | 21.3 | 8.2 | 0.0 |
| NWX | Newport Exploration | 0.13 | 0.13 | 0.00 (1.7%) | 29186 | 13.7 | 25.0 | 12.0 |
| WEB | Westbridge Renewable | 0.86 | 1.04 | 0.18 (20.4%) | 24917 | 91.6 | 11.6 | 2.9 |
| SRES | Sun Residential REIT | 0.04 | 0.06 | 0.02 (38.9%) | 364149 | 9.2 | 8.4 | 0.0 |
All data provided as of March 31, 2024.
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.
RE Royalties
RE Royalties Ltd is engaged in the acquisition of revenue-based royalties from renewable energy generation facilities and other clean energy technologies by providing a non-dilutive royalty financing solution to privately held and publicly traded renewable energy generation and development companies and clean energy technology companies. Its solutions provide a non-dilutive, flexible, and low-cost financing alternative that allows its clients to free up capital in order to grow their businesses.
RE Royalties is listed under RE 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.
