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Ecolomondo: Top 10 Undervalued Waste Management Industry Stocks (ECM)

The Globe and Mail - Fri Jul 21, 2023
Industry Group

Ecolomondo is now ranked among the top 10 undervalued stocks in the Waste Management 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).

Waste Management: Companies that collect, treat, store, transfer, recycle, and dispose of waste materials, as well as companies that provide supporting environmental, engineering, and consulting services. Stocks in this category are held primarily for capital appreciation.

SymbolNameClose Price ($)Valuation ($)DifferenceAverage Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
CMC-XCielo Waste Solutions0.040.050.01
(17.72)
390,03632.200
ECM-XEcolomondo0.410.480.07
(17.13)
8,15577.200
VTX-XVertex Resource Group0.390.390
(0.27)
9,17544.509.6
BLM-XBluMetric Environmental0.420.520.09
(21.97)
3,99712.5014.2

More about Ecolomondo

All data provided as-at market close July 19, 2023. The list is sorted by stocks with the greatest percentage difference between valuation and price. Ecolomondo Ecolomondo Corp is a clean tech company focused on deployment of TDP turnkey facilities using its proprietary Thermal Decomposition Process (TDP) using a pyrolysis platform that converts hydrocarbon waste into marketable commodity end-products, namely carbon black substitute, oil, gas and steel. Ecolomondo is listed under ECM 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) and Analyst Consensus

Artificial intelligence at Report on Business

AI at The Globe and Mail This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.