Ballard Power Systems: Top 10 Undervalued Industrials Sector Stocks on TSX (BLDP)
Ballard Power Systems is now ranked among the top 10 undervalued stocks in the Industrials 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 |
|---|---|---|---|---|---|---|---|---|
| GRN | Greenlane Renewables | 0.10 | 0.19 | 0.09 (97.7%) | 67539 | 14.9 | 0.0 | 0.0 |
| BLDP | Ballard Power Systems | 1.74 | 3.07 | 1.33 (76.4%) | 1245992 | 521.2 | 0.0 | 0.0 |
| PYR | PyroGenesis | 0.55 | 0.70 | 0.15 (28.1%) | 88412 | 97.8 | 0.0 | 0.0 |
| DRT | Dirtt Environmental Solns | 0.94 | 1.19 | 0.25 (26.1%) | 46033 | 180.1 | 0.0 | 11.3 |
| ADEN | Adentra | 25.90 | 31.00 | 5.10 (19.7%) | 104119 | 655.6 | 2.2 | 11.6 |
| CGY | Calian Group | 39.50 | 46.74 | 7.24 (18.3%) | 62612 | 469.9 | 2.8 | 0.0 |
| CWL | Caldwell Partners Intl | 0.75 | 0.87 | 0.12 (16.4%) | 11700 | 22.3 | 1.0 | 14.4 |
| MTL | Mullen Group | 13.95 | 16.19 | 2.24 (16.0%) | 146212 | 1225.2 | 5.9 | 11.8 |
| CJT | Cargojet | 93.44 | 107.11 | 13.67 (14.6%) | 84282 | 1597.8 | 1.5 | 12.1 |
| DCM | DATA Comms Mgmt | 1.86 | 2.11 | 0.25 (13.7%) | 24022 | 106.6 | 1.3 | 15.5 |
All data provided as of May 30, 2025.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Ballard Power Systems
Ballard Power Systems Inc is engaged in design, development, manufacture, sale and service of proton exchange membrane ("PEM") fuel cell products for a variety of applications, focusing on power products for bus, truck, rail, marine, stationary and emerging market (material handling, off-road and other) applications, as well as the delivery of services, including technology solutions, after sales services and training.
Ballard Power Systems is listed under BLDP 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.
