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Alaska Hydro: Top 10 Undervalued Utilities Sector Stocks on TSX-V (AKH-H)

AI-generated - The Globe and Mail - Wed Sep 6, 2023

Alaska Hydro is now ranked among the top 10 undervalued stocks in the Utilities sector on the 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)

Stocks in this category are held primarily for capital appreciation.

SymbolNameClose Price ($)Valuation ($)DifferenceAverage Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
CFYCF Energy0.210.300.09 (41.6%)273813.80.03.2
AKH-HAlaska Hydro0.010.020.01 (36.1%)26290.60.00.0
GRBGreenbriar Capital0.861.150.29 (34.0%)1377928.80.00.0
FWTCForward Water Techs0.060.080.02 (32.8%)320556.40.00.0
WHEWaroona Energy0.060.060.01 (14.4%)23264040.60.00.0
REVVReVolve Renewable Power0.300.330.03 (10.4%)1004416.50.04.4
EVGNEverGen Infr2.853.030.18 (6.3%)676439.50.00.0
RERE Royalties0.560.590.03 (5.6%)1676724.27.1270.4
GIPGreen Impact Partners6.316.380.07 (1.1%)1458132.00.045.1
OEG-HONEnergy0.090.090.00 (0.0%)2.00.00.0

All data provided as-at market close September 05, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.

Alaska Hydro

Alaska Hydro Corp is principally engaged in the generation and sale of electricity business activities. It also involved in development, distribution, transmission, and marketing of electrical power. The company operates More Creek Hydroelectric Project with the electric generation power capacity of 306 GWh. It involved in the development of clean, renewable, and Hydroelectric power generation.

Alaska Hydro is listed under AKH-H on the TSX Venture 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.

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