Taiga Building Prods: Top 10 Undervalued Building Materials Industry Stocks (TBL)
Taiga Building Prods is now ranked among the top 10 undervalued stocks in the Building Materials 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)
Building Materials: Companies that manufacture construction materials, including stone, clay, and brick products, cement, lime, gypsum, and concrete and other construction products. Excludes companies that manufacture finished and semi finished building products.
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 |
|---|---|---|---|---|---|---|---|---|
| TBL | Taiga Building Prods | 2.92 | 3.16 | 0.24 (8.3%) | 6766 | 315.3 | 0.0 | 5.2 |
| CVX | Cematrix | 0.29 | 0.30 | 0.01 (2.8%) | 199718 | 39.6 | 0.0 | 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.
Taiga Building Prods
Taiga Building Products Ltd is a Canadian-based company. It is engaged in the production and wholesale distribution of building products. Its products range includes composite decking, engineered wood, flooring, insulation, lumber, modulings, panels, polyethylene, preserved wood, roofing, and siding. It also offers distribution logistics and treating plants services. Taiga is a global exporter with the majority of the revenue generated from Canada followed by the United States.
Taiga Building Prods is listed under TBL 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.
