California: Top 10 Undervalued Chemicals Industry Stocks (CNO)
California is now ranked among the top 10 undervalued stocks in the Chemicals 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)
Chemicals: Chemical manufacturing companies engaged in diverse chemical and chemical-related operations, and basic chemicals manufacturing.
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 |
|---|---|---|---|---|---|---|---|---|
| HELI | First Helium | 0.03 | 0.04 | 0.01 (28.3%) | 365052 | 5.8 | 0.0 | 0.0 |
| NEO | Neo Performance Materials | 8.58 | 10.60 | 2.02 (23.6%) | 83862 | 358.4 | 4.7 | 0.0 |
| GMG | Graphene Manufacturing Gr | 0.67 | 0.79 | 0.12 (18.2%) | 174091 | 65.0 | 0.0 | 0.0 |
| CH | Charbone Hydrogen | 0.05 | 0.06 | 0.01 (12.3%) | 261877 | 5.3 | 0.0 | 0.0 |
| BOS | AirBoss of America | 3.96 | 4.43 | 0.47 (11.8%) | 26152 | 107.4 | 4.4 | 0.0 |
| CHE-UN | Chemtrade Logistics | 9.65 | 10.39 | 0.74 (7.7%) | 297455 | 1483.6 | 6.9 | 9.3 |
| NANO | Nano One Materials | 0.65 | 0.70 | 0.05 (7.7%) | 71074 | 72.3 | 0.0 | 0.0 |
| IZ | Intl Zeolite | 0.01 | 0.02 | 0.00 (7.0%) | 8707 | 0.6 | 0.0 | 0.0 |
| CNO | California | 0.94 | 0.97 | 0.03 (2.9%) | 54695 | 48.4 | 0.0 | 0.0 |
| AIM | Aimia | 2.60 | 2.61 | 0.01 (0.4%) | 33070 | 251.9 | 0.0 | 0.0 |
All data provided as of March 30, 2025.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
California
California Nanotechnologies Corp engages in the production, and research and development of nanostructured components and materials. Its products include precision forged components, thermal spray powders, nano light alloy powders, nanoalloy billets, nano superalloy powders, cemented carbides, and tooling. The company products are used in Aerospace, Defense, Automotive, Medical, and Sport and Recreation industries.
California is listed under CNO 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.
