Adentra: Top 10 Undervalued Industrial Distribution Industry Stocks (ADEN)
Adentra is now ranked among the top 10 undervalued stocks in the Industrial Distribution 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)
Industrial Distribution: ul
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 |
---|---|---|---|---|---|---|---|---|
WJX | Wajax | 25.83 | 26.40 | 0.57 (2.2%) | 26528 | 574.3 | 5.3 | 8.3 |
ADEN | Adentra | 42.14 | 42.18 | 0.04 (0.1%) | 35055 | 981.0 | 1.3 | 15.7 |
All data provided as of October 19, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Adentra
Adentra Inc is a distributor of architectural products to fabricators, home centers and professional dealers servicing the new residential, repair and remodel, and commercial construction end markets. The company operates a network in North America of 86 facilities in the United States and Canada.
Adentra is listed under ADEN 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.