SIR Royalty Income: Top 25 Undervalued Dividend Stocks on TSX (SRV-UN)
SIR Royalty Income is now ranked among the top 10 undervalued small cap dividend-paying stocks on the Toronto Stock Exchange (TSX).
- 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 |
|---|---|---|---|---|---|---|---|---|
| SFC | Sagicor Financial | 6.77 | 8.79 | 2.02 (29.8%) | 9593 | 981.5 | 4.6 | 1.3 |
| SRV-UN | SIR Royalty Income | 13.45 | 15.59 | 2.14 (15.9%) | 2095 | 128.8 | 8.5 | 6.3 |
| DHT-U | DRI Healthcare Trust | 11.85 | 12.90 | 1.05 (8.9%) | 1520 | 528.8 | 2.6 | 5.7 |
| NOA | North American | 29.08 | 29.39 | 0.31 (1.1%) | 61077 | 960.4 | 1.0 | 13.9 |
| JWEL | Jamieson Wellness | 26.09 | 27.15 | 1.06 (4.1%) | 49210 | 1112.8 | 2.8 | 24.2 |
| FC | Firm Cap Mortgage Inv | 10.75 | 11.24 | 0.49 (4.6%) | 23571 | 441.6 | 8.7 | 10.9 |
| ICE | Canlan Ice Sports | 3.72 | 3.90 | 0.18 (4.8%) | 178 | 49.6 | 3.2 | 124.0 |
| MRD | Melcor Developments | 11.41 | 14.00 | 2.59 (22.7%) | 5319 | 354.9 | 5.2 | 5.6 |
| ACD | Accord Financial | 4.55 | 8.24 | 3.69 (81.1%) | 2055 | 38.9 | 3.3 | 0.0 |
| QTRH | Quarterhill | 1.72 | 1.78 | 0.06 (3.5%) | 43070 | 197.4 | 0.7 | 0.0 |
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.
SIR Royalty Income
SIR Royalty Income Fund (The fund) holds an investment in SIR (Service Inspired Restaurant) Corp. The company is a privately held corporation that owns and operates a diverse portfolio of restaurants in Canada. It has concept restaurant brands, including Jack Astor's Bar and Grill, Scaddabush Italian Kitchen & Bar; and SIR's signature restaurant brands, including Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose.
SIR Royalty Income is listed under SRV-UN 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.
