TerrAscend: Top 10 Undervalued Healthcare Sector Stocks on TSX (TSND)
TerrAscend is now ranked among the top 10 undervalued stocks in the Healthcare 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 |
|---|---|---|---|---|---|---|---|---|
| AVNT | Avant Brands | 0.70 | 2.16 | 1.46 (207.9%) | 9739 | 7.3 | 0.0 | 0.0 |
| VPH | Valeo Pharma | 0.04 | 0.11 | 0.06 (134.2%) | 4.4 | 0.0 | 0.0 | |
| TSND | TerrAscend | 0.96 | 1.98 | 1.02 (106.5%) | 221228 | 280.0 | 0.0 | 0.0 |
| TLRY | Tilray Brands | 1.95 | 3.94 | 1.99 (102.2%) | 1222282 | 1707.1 | 0.0 | 0.0 |
| QIPT | Quipt Home Medical | 3.78 | 6.94 | 3.16 (83.6%) | 25154 | 161.1 | 0.0 | 0.0 |
| CSCI | Cosciens Biopharma | 4.75 | 8.53 | 3.78 (79.6%) | 1240 | 10.5 | 0.0 | 0.0 |
| RVX | Resverlogix | 0.07 | 0.12 | 0.05 (78.8%) | 43150 | 17.9 | 0.0 | 0.0 |
| CWEB | Charlottes Web Holdings | 0.19 | 0.33 | 0.14 (71.8%) | 46792 | 29.9 | 0.0 | 0.0 |
| OGI | OrganiGram Holdings | 2.16 | 3.42 | 1.26 (58.4%) | 277423 | 234.1 | 0.0 | 0.0 |
| XLY | Auxly Cannabis Group | 0.04 | 0.06 | 0.02 (56.3%) | 574965 | 52.2 | 0.0 | 0.0 |
All data provided as of November 11, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
TerrAscend
TerrAscend Corp is a company focused on creating and delivering quality cannabis products and services that meet the evolving needs of its patients. It also provides education and support programs to physicians and patients through healthcare professionals. It has one operating segment, being cultivation, production, and sale of cannabis products, with subsidiaries located in Canada and the United States.
TerrAscend is listed under TSND 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.
