Icarus Cap: Top 10 Undervalued Diversified Financial Services Industry Stocks (ICRS)
Icarus Cap is now ranked among the top 10 undervalued stocks in the Diversified Financial Services 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)
Diversified Financial Services: A development-stage company with no or minimal revenue. Includes capital pool, blank check, shell, and holding companies.
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 |
|---|---|---|---|---|---|---|---|---|
| ICRS | Icarus Cap | 0.02 | 0.03 | 0.01 (73.6%) | 27957 | 0.1 | 0.0 | 0.0 |
| MINK | Mink Ventures | 0.05 | 0.08 | 0.03 (61.2%) | 11272 | 1.0 | 0.0 | 0.0 |
| JHC | Jinhua Capital | 0.01 | 0.01 | 0.00 (28.7%) | 155996 | 0.3 | 0.0 | 0.0 |
| XCYT | Xcyte Digital | 0.14 | 0.15 | 0.02 (12.6%) | 21157 | 11.4 | 0.0 | 0.0 |
| AVR | Avaron Mining | 0.06 | 0.06 | 0.01 (10.2%) | 5142 | 0.8 | 0.0 | 0.0 |
| ARL | Aurum Lake Mining | 0.10 | 0.11 | 0.01 (5.8%) | 1772 | 2.2 | 0.0 | 0.0 |
All data provided as of November 08, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Icarus Cap
Icarus Capital Corp through its wholly owned subsidiary Alberta Ltd. (YYC), operates a Yuk Yuk's franchise comedy club in the Elbow River Casino in Calgary, Alberta.
Icarus Cap is listed under ICRS 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.
