Enthusiast Gaming Hldgs: Top 10 Undervalued Communication Services Sector Stocks on TSX (EGLX)
Enthusiast Gaming Hldgs is now ranked among the top 10 undervalued stocks in the Communication Services 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 |
|---|---|---|---|---|---|---|---|---|
| VRTS | Vertiqal Studios | 0.01 | 0.04 | 0.03 (186.0%) | 198453 | 9.5 | 0.0 | 0.0 |
| EGLX | Enthusiast Gaming Hldgs | 0.14 | 0.22 | 0.08 (59.1%) | 92685 | 21.6 | 0.0 | 0.0 |
| ILLM | Illumin Holdings | 1.76 | 2.56 | 0.80 (45.6%) | 47827 | 91.2 | 0.0 | 0.0 |
| EAGR | East Side Games Grp | 0.72 | 0.92 | 0.20 (27.7%) | 25386 | 58.7 | 0.0 | 14.1 |
| CGX | Cineplex | 10.40 | 13.10 | 2.70 (26.0%) | 251952 | 662.3 | 0.0 | 0.0 |
| WILD | WildBrain | 1.10 | 1.30 | 0.20 (18.2%) | 38059 | 226.5 | 0.0 | 0.0 |
| RAY-B | Stingray Group | 7.07 | 7.68 | 0.61 (8.6%) | 166 | 489.3 | 4.2 | 0.0 |
| CGO | Cogeco | 60.51 | 65.62 | 5.11 (8.4%) | 16505 | 583.5 | 5.7 | 7.2 |
| GVC | Glacier Media | 0.13 | 0.14 | 0.01 (8.3%) | 28089 | 17.0 | 0.0 | 0.0 |
| RAY-A | Stingray Group | 7.22 | 7.72 | 0.50 (7.0%) | 21972 | 499.7 | 4.2 | 0.0 |
All data provided as of October 15, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Enthusiast Gaming Hldgs
Enthusiast Gaming Holdings Inc is a gaming company building a media platform for video games and esports fans to connect and engage worldwide. Reaching over 300 million gamers every month, the company is a member of the Comscore 100 ranking of the top Internet Properties in the U.S. and the largest in the Gaming Information category on mobile devices.
Enthusiast Gaming Hldgs is listed under EGLX 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.
