IBC Advanced Alloys: Top 10 Undervalued Industrial Products Industry Stocks (IB)
IBC Advanced Alloys 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.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| ENEV | Enerev5 Metals | 0.01 | 0.02 | 0.01 (232.5%) | 41673 | 1.2 | 0.0 | 0.0 |
| LPEN | Loop Energy | 0.07 | 0.15 | 0.08 (114.3%) | 97996 | 2.4 | 0.0 | 0.0 |
| EWS | Environmental Waste Intl | 0.01 | 0.02 | 0.01 (95.9%) | 27527 | 2.8 | 0.0 | 0.0 |
| CAG | Composite Alliance Group | 0.06 | 0.11 | 0.05 (89.9%) | 6954 | 6.6 | 0.0 | 0.0 |
| BLDP | Ballard Power Systems | 4.26 | 6.81 | 2.55 (59.9%) | 1057906 | 1273.8 | 0.0 | 0.0 |
| GRN | Greenlane Renewables | 0.10 | 0.16 | 0.06 (54.8%) | 163513 | 16.1 | 0.0 | 0.0 |
| EGT | Eguana Technologies | 0.01 | 0.02 | 0.01 (53.8%) | 653562 | 6.3 | 0.0 | 0.0 |
| SAY | Sparta Cap | 0.02 | 0.03 | 0.01 (36.4%) | 124147 | 4.7 | 0.0 | 0.0 |
| IB | IBC Advanced Alloys | 0.07 | 0.09 | 0.02 (32.5%) | 27899 | 7.5 | 0.0 | 0.0 |
| WATR | Current Water Techs | 0.04 | 0.05 | 0.01 (32.2%) | 196176 | 7.4 | 0.0 | 17.5 |
All data provided as of May 17, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
IBC Advanced Alloys
IBC Advanced Alloys Corp is engaged in the production and development of specialty alloy products. Its product profile includes Beryllium Products, Beryllium Master Alloys, Thermal Mold Super, Copper Alloy Products, Copper Alloy Fabricated Shapes and Tolling Services, and Metallurgical Consulting. It operates through three reportable segments namely Copper Alloys, Engineered Materials, and Corporate. The company generates the majority of its revenue from Copper Alloys.
IBC Advanced Alloys is listed under IB 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.
