Air Canada: Top 10 Undervalued Industrials Sector Stocks on TSX (AC)
Air Canada is now ranked among the top 10 undervalued stocks in the Industrials 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 |
|---|---|---|---|---|---|---|---|---|
| AC | Air Canada | - | - | - (0.0%) | 0.0 | 0.0 | 3.7 | |
| ADEN | Adentra | - | - | - (0.0%) | 0.0 | 1.4 | 15.1 | |
| AFN | Ag Growth International | - | - | - (0.0%) | 0.0 | 1.1 | 36.0 | |
| ALC | Algoma Central | - | - | - (0.0%) | 0.0 | 5.2 | 8.6 | |
| AND | Andlauer Healthcare Group | - | - | - (0.0%) | 0.0 | 1.0 | 25.0 | |
| ANRG | Anaergia | - | - | - (0.0%) | 0.0 | 0.0 | 0.0 | |
| ARE | Aecon Group | - | - | - (0.0%) | 0.0 | 3.8 | 0.0 | |
| ATRL | SNC-Lavalin Gr | - | - | - (0.0%) | 0.0 | 0.2 | 27.5 | |
| ATS | ATS | - | - | - (0.0%) | 0.0 | 0.0 | 20.1 | |
| BBD-A | Bombardier | - | - | - (0.0%) | 0.0 | 0.0 | 24.7 |
All data provided as of September 17, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Air Canada
Air Canada is Canada's largest airline, serving nearly 50 million passengers each year together with its low-cost sub-brand called Rouge and contracts for regional connection flights to its network. Air Canada is a sixth-freedom airline, which flies many US-based passengers on long-haul trips with a layover in Canada.
Air Canada is listed under AC 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.
