ECN Capital: Top 10 Undervalued Banks Industry Stocks (ECN)
ECN Capital is now ranked among the top 10 undervalued stocks in the Banks 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)
Banks: 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 |
|---|---|---|---|---|---|---|---|---|
| LB | Laurentian Bank of Canada | 27.08 | 31.60 | 4.52 (16.7%) | 131149 | 1177.4 | 7.0 | 6.9 |
| BCF | Builders Capital Mortgage | 8.85 | 9.84 | 0.99 (11.1%) | 580 | 28.1 | 9.0 | 8.9 |
| FC | Firm Cap Mortgage Inv | 11.60 | 12.56 | 0.96 (8.3%) | 25778 | 476.5 | 8.0 | 12.0 |
| ECN | ECN Capital | 2.81 | 3.01 | 0.20 (7.2%) | 245071 | 696.7 | 1.4 | 0.0 |
| FDI | Findev | 0.43 | 0.45 | 0.02 (5.5%) | 4829 | 12.3 | 7.0 | 8.6 |
| AI | Atrium Mortgage | 11.05 | 11.64 | 0.59 (5.4%) | 31631 | 597.9 | 8.1 | 9.4 |
| MKP | MCAN Financial | 16.32 | 16.76 | 0.44 (2.7%) | 32802 | 572.7 | 9.1 | 6.7 |
| TF | Timbercreek Financial | 7.26 | 7.38 | 0.12 (1.7%) | 110268 | 698.9 | 9.4 | 9.4 |
All data provided as of January 31, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
ECN Capital
ECN Capital Corp is a financial business service provider. The group originates, manages, and advises on credit assets on behalf of its partners, specifically consumer loans and commercial loans. The company's operating segment includes Manufactured Housing Finance, and Recreational Vehicle and Marine (RV and Marine) Finance.
ECN Capital is listed under ECN 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.
