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Decibel Cannabis Co: Top 10 Undervalued Healthcare Sector Stocks on TSX-V (DB)

AI-generated - The Globe and Mail - Tue Nov 26, 2024

Decibel Cannabis Co is now ranked among the top 10 undervalued stocks in the Healthcare 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
CHSComprehensive Healthcare0.010.020.01 (218.0%)52380.60.00.0
KOVOKovo+ Holdings0.040.120.07 (164.4%)103752.60.00.0
QPTQuest PharmaTech0.040.100.06 (157.1%)679816.80.00.0
JNHJack Nathan Medical0.030.060.04 (141.0%)274602.20.00.0
LFSTLifeist Wellness0.040.100.06 (131.3%)459901.40.00.0
DBDecibel Cannabis Co0.060.130.07 (119.6%)39388925.10.00.0
PCLOPharmaCielo0.080.160.08 (95.1%)15081413.60.00.0
ENTGEntourage Health0.010.010.00 (88.6%)1188451.50.00.0
AVCRAvricore Health0.060.100.04 (73.8%)3525706.30.00.0
NAVNavco Pharmaceuticals0.020.030.01 (69.1%)362390.10.00.0

All data provided as of November 25, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.

Decibel Cannabis Co

Decibel Cannabis Co Inc is engaged in the cannabis operations business. It is involved in the production, distribution, and sale of recreational cannabis. All the revenues are generated in Canada. The company's revenue is comprised of wholesale sales of both products and services through its production facilities to distributors and licensed cannabis producers as well as the direct sale of products through its retail locations to end customers.

Decibel Cannabis Co is listed under DB 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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