Quipt Home Medical: Top 10 Undervalued Growth Stocks on TSX (QIPT)
Quipt Home Medical is now ranked among the top 10 undervalued small cap growth 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 that have grown their revenue significantly in their latest quarterly report. They are held primarily for capital appreciation but do present downside risk. Growth stocks are always of interest to investors as they present upside opportunity. Stocks that are both growing their quarterly revenue and showing as undervalued are of special interest as these two factors are important when looking for prospects.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| IVQ-U | Invesque | 0.16 | 0.68 | 0.52 (322.7%) | 1190 | 9.1 | 0.0 | 0.0 |
| TMD | Titan Medical | 0.06 | 0.19 | 0.14 (248.1%) | 33572 | 6.3 | 0.0 | 0.6 |
| LPEN | Loop Energy | 0.04 | 0.15 | 0.10 (233.3%) | 136800 | 1.5 | 0.0 | 0.0 |
| IVQ | Invesque | 0.23 | 0.74 | 0.50 (213.4%) | 8043 | 13.3 | 0.0 | 0.0 |
| MPVD | Mountain Province Diamond | 0.19 | 0.59 | 0.40 (208.0%) | 87297 | 40.7 | 0.0 | 0.8 |
| NVO | Novo Resources | 0.14 | 0.39 | 0.26 (189.6%) | 87821 | 47.6 | 0.0 | 0.0 |
| VRTS | Vertiqal Studios | 0.02 | 0.06 | 0.04 (182.6%) | 72574 | 12.5 | 0.0 | 0.0 |
| EGLX | Enthusiast Gaming Hldgs | 0.14 | 0.35 | 0.21 (159.3%) | 207814 | 20.8 | 0.0 | 0.0 |
| ANRG | Anaergia | 0.29 | 0.70 | 0.41 (138.3%) | 19.2 | 0.0 | 0.0 | |
| VPH | Valeo Pharma | 0.10 | 0.22 | 0.13 (135.7%) | 63958 | 8.2 | 0.0 | 0.0 |
| NUMI | Numinus Wellness | 0.07 | 0.15 | 0.09 (132.6%) | 429919 | 17.1 | 0.0 | 0.0 |
| AXIS | Axis Auto Fin | 0.06 | 0.13 | 0.07 (117.7%) | 12507 | 7.3 | 0.0 | 0.0 |
| DN | Delta 9 Cannabis | 0.02 | 0.04 | 0.02 (116.7%) | 1020622 | 4.6 | 0.0 | 0.0 |
| QIPT | Quipt Home Medical | 4.52 | 9.60 | 5.08 (112.4%) | 49208 | 190.7 | 0.0 | 0.0 |
| AVCN | Avicanna | 0.24 | 0.52 | 0.27 (110.8%) | 169151 | 22.3 | 0.0 | 0.0 |
| WPRT | Westport Fuel Systems | 7.56 | 15.60 | 8.04 (106.4%) | 10903 | 130.2 | 0.0 | 0.0 |
| CFF | Conifex Timber | 0.56 | 1.11 | 0.55 (99.1%) | 14094 | 23.1 | 0.0 | 0.0 |
| ORE | Orezone Gold | 0.71 | 1.40 | 0.69 (97.5%) | 172291 | 266.9 | 0.0 | 6.5 |
| BSX | Belo Sun Mining | 0.05 | 0.10 | 0.05 (96.9%) | 102978 | 22.8 | 0.0 | 0.0 |
| AVNT | Avant Brands | 0.07 | 0.13 | 0.06 (92.0%) | 128873 | 18.3 | 0.0 | 0.0 |
| FOOD | Goodfood Market | 0.30 | 0.57 | 0.28 (91.7%) | 35433 | 23.2 | 0.0 | 0.0 |
| ARA | Aclara Resources | 0.51 | 0.97 | 0.46 (90.5%) | 49278 | 83.3 | 0.0 | 0.0 |
| SGNL | Signal Gold | 0.10 | 0.19 | 0.09 (90.4%) | 115342 | 25.3 | 0.0 | 0.0 |
| BRMI | Boat Rocker Media | 0.85 | 1.62 | 0.77 (90.0%) | 24157 | 47.9 | 0.0 | 0.0 |
| FURY | Fury Gold Mines | 0.64 | 1.21 | 0.57 (88.8%) | 145532 | 93.4 | 0.0 | 0.0 |
All data provided as of May 31, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Companies included above have not paid a dividend in the last 12-months.
Quipt Home Medical
Quipt Home Medical Corp provides in-home monitoring equipment, supplies, and services to patients. The company's services consist of Daily and Ambulatory Aides, Power Mobility, INR Self-Testing, Respiratory Equipment Rental, Home ventilation, Oxygen Therapy, and Sleep Apnea and PAP Treatment.
Quipt Home Medical is listed under QIPT 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.
