Keyera: Top 25 Undervalued Dividend Stocks on TSX (KEY)
Keyera is now ranked among the top 10 undervalued small cap dividend-paying stocks on the Toronto Stock Exchange (TSX).
- 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).
- Small, micro and nano group market capitalization (<10B)
Stocks in this category are held primarily for potential income and capital appreciation. Dividend stocks showing a higher valuation than their current price have both potential upside and ability to sustain or grow their dividend.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| SPB | Superior Plus | 9.67 | 10.95 | 1.28 (13.2%) | 767394 | 2504.5 | 6.2 | 42.3 |
| BLX | Boralex | 28.99 | 35.41 | 6.42 (22.1%) | 302416 | 2980.6 | 2.3 | 38.1 |
| CIX | CI Financial | 16.89 | 19.50 | 2.61 (15.4%) | 324207 | 2825.1 | 4.4 | 560.7 |
| NGT | Newmont | 45.43 | 47.87 | 2.44 (5.4%) | 277158 | 38206.6 | 4.3 | 0.0 |
| KEY | Keyera | 33.68 | 33.82 | 0.14 (0.4%) | 912622 | 7717.9 | 4.9 | 18.2 |
| DFY | Definity Financial | 46.07 | 46.12 | 0.05 (0.1%) | 182188 | 5371.8 | 1.2 | 15.3 |
| NPI | Northland Power | 22.89 | 25.35 | 2.46 (10.8%) | 1002769 | 5784.5 | 5.3 | 0.0 |
| CRR-UN | Crombie REIT | 13.89 | 14.83 | 0.94 (6.8%) | 193760 | 2515.3 | 6.4 | 0.0 |
| ACO-X | Atco | 38.01 | 41.88 | 3.87 (10.2%) | 227375 | 4309.5 | 5.1 | 9.9 |
| ACO-Y | Atco | 38.00 | 42.03 | 4.03 (10.6%) | 145 | 4308.4 | 5.0 | 9.9 |
All data provided as of December 31, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Companies included above paid a dividend in the last 12-months.
Keyera
Keyera is a midstream energy business that operates primarily out of Alberta. Its primary lines of business consist of the gathering and processing of natural gas in western Canada, the storage, transportation, and liquids blending for natural gas liquids and crude oil, and the marketing of NGLs, iso-octane, and crude oil. The firm currently has interests in about a dozen active gas plants and operates over 4,000 kilometers of pipelines.
Keyera is listed under KEY 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.
