Telesat: Top 10 Undervalued Hardware Industry Stocks (TSAT)
Telesat is now ranked among the top 10 undervalued stocks in the Hardware 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)
Hardware: Companies that design, develop, manufacture, and market equipment for the communication industry, including fiber-optic cable; telecom peripherals; voice and data transmission and processing equipment; satellite products and equipment; videoconferencing systems and equipment; and interactive communication systems. Also includes companies that offer networking products that provide connectivity solutions for multi-use computing environments.
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 |
|---|---|---|---|---|---|---|---|---|
| YNV | Ynvisible Interactive | 0.09 | 0.16 | 0.07 (83.3%) | 22732 | 11.2 | 0.0 | 0.0 |
| TSAT | Telesat | 10.70 | 14.56 | 3.86 (36.1%) | 722 | 146.7 | 0.0 | 1.1 |
| NSCI | Nanalysis Scientific | 0.39 | 0.51 | 0.13 (33.7%) | 16039 | 39.8 | 0.0 | 0.0 |
| JTC | Jemtec | 0.70 | 0.93 | 0.23 (33.6%) | 61 | 2.0 | 0.0 | 38.9 |
| QTRH | Quarterhill | 1.61 | 2.14 | 0.53 (33.0%) | 70298 | 185.3 | 0.0 | 0.0 |
| DBO | D-Box Technologies | 0.09 | 0.10 | 0.01 (15.8%) | 54675 | 18.9 | 0.0 | 17.0 |
| BECN | BEACN Wizardry & Magic | 0.12 | 0.13 | 0.02 (13.9%) | 1428 | 6.1 | 0.0 | 0.0 |
| PNG | Kraken Robotics | 1.27 | 1.37 | 0.10 (8.0%) | 555927 | 267.1 | 0.0 | 25.4 |
| FLT | Drone Delivery Canada | 0.18 | 0.20 | 0.01 (7.9%) | 78838 | 41.5 | 0.0 | 0.0 |
| CMI | C-Com Satellite Systems | 1.20 | 1.29 | 0.09 (7.4%) | 4520 | 51.0 | 4.2 | 22.2 |
All data provided as of August 11, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Telesat
Telesat Corp is a global satellite operator, that provides its customers with mission-critical communications services. It operates in a single operating segment, in which it provides satellite-based services to its broadcast, enterprise, and consulting customers around the world. Geographically, it derives a majority of its revenue from Canada. It derives revenue from Broadcast, Enterprise, Consulting, and others.
Telesat is listed under TSAT 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.
