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Composite Alliance Group: Top 10 Undervalued Industrial Products Industry Stocks (CAG)

AI-generated - The Globe and Mail - Fri Sep 20, 2024

Composite Alliance Group is now ranked among the top 10 undervalued stocks in the Industrial Products 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)

Industrial Products: Companies that manufacture and market office and business machines, such as copiers, fax machines, postage meters, point-ofsale terminals, and ATMs.

Stocks in this category are held primarily for capital appreciation.

SymbolNameClose Price ($)Valuation ($)DifferenceAverage Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
EWSEnvironmental Waste Intl0.010.020.01 (296.8%)200661.90.00.0
ENEVEnerev5 Metals0.010.020.01 (232.4%)15001.20.00.0
SAYSparta Cap0.010.030.02 (111.5%)400363.70.00.0
AATATI Airtest Technologies0.010.030.01 (99.0%)0.70.00.8
GRNGreenlane Renewables0.070.130.06 (90.4%)9785410.80.00.0
OSIXOceansix Future Paths0.040.080.04 (84.6%)409317.90.00.0
BLDPBallard Power Systems2.354.241.89 (80.6%)841812703.60.00.0
APLAppulse0.200.340.15 (75.0%)172712.90.00.0
CAGComposite Alliance Group0.010.020.01 (74.2%)16851.00.00.0
QSTQuestor Tech0.360.610.25 (69.4%)1173810.00.00.0

All data provided as of September 21, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.

Composite Alliance Group

Composite Alliance Group Inc provides industrial turn-key solutions by designing and manufacturing the machines. It offers machines and processes to fabricate composite materials for the aerospace and automotive industries. Geographically, it operates in Europe, Asia, and North America, out of which a majority of its revenue is from Asia.

Composite Alliance Group is listed under CAG 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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