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Canlan Ice Sports: Top 10 Undervalued Consumer Cyclical Sector Stocks on TSX (ICE)

AI-generated - The Globe and Mail - Tue Jun 24, 2025

Canlan Ice Sports is now ranked among the top 10 undervalued stocks in the Consumer Cyclical sector on the Toronto Stock 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
DII-BDorel Industries1.402.360.96 (68.6%)2561745.70.00.0
DII-ADorel Industries1.512.400.89 (59.3%)16949.30.00.0
BRAGBragg Gaming Group6.138.602.47 (40.3%)8679153.90.00.0
FOODGoodfood Market0.140.200.06 (37.9%)11996011.30.00.0
MREMartinrea International8.4311.292.86 (34.0%)243988613.62.40.0
ICECanlan Ice Sports3.854.540.69 (17.9%)70051.33.118.3
MTYMTY Food Group42.8249.556.73 (15.7%)25949997.02.9115.7
XTCExco Technologies6.747.751.01 (15.0%)20593259.16.29.8
GRGDGroupe Dynamite16.5018.832.33 (14.1%)582401794.50.013.2
CASCascades8.849.881.03 (11.7%)446208896.65.40.0

All data provided as of May 30, 2025.
The list is sorted by stocks with the greatest percentage difference between valuation and price.

Canlan Ice Sports

Canlan Ice Sports Corp is focused on the development, lease, acquisition, and operation of multi-purpose recreation and entertainment facilities in North America. The company has a single operating segment which is an Ice rink and recreational facilities which derives revenue from food and beverage, sports stores, sponsorship, Instructional sports programs, space rental, Management and consulting fees. Geographically it generates the majority of its revenue from Canada.

Canlan Ice Sports is listed under ICE on the Toronto Stock 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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