Kadestone Capital: Top 10 Undervalued Real Estate Industry Stocks (KDSX)
Kadestone Capital is now ranked among the top 10 undervalued stocks in the Real Estate 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)
Real Estate: Companies that develop real estate and same properties held as inventory, or sold to others after development, with no specific portfolio composition.
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 |
|---|---|---|---|---|---|---|---|---|
| IVQ-U | Invesque | 0.30 | 0.73 | 0.42 (138.3%) | 1647 | 21.2 | 0.0 | 0.0 |
| IVQ | Invesque | 0.41 | 0.73 | 0.32 (79.4%) | 8482 | 28.2 | 0.0 | 0.0 |
| TRBE | Tribe Property Tech | 0.49 | 0.78 | 0.28 (57.2%) | 9410 | 10.5 | 0.0 | 0.0 |
| NXLV | NexLiving Communities | 1.93 | 2.85 | 0.92 (47.6%) | 3327 | 32.3 | 2.1 | 6.4 |
| RPP | Regent Pacific Properties | 0.01 | 0.02 | 0.01 (45.5%) | 250 | 0.6 | 0.0 | 0.0 |
| CMU | Comet Industries | 4.10 | 5.38 | 1.28 (31.2%) | 70 | 19.1 | 0.0 | 2.0 |
| DRM | DREAM Unlimited | 20.19 | 24.65 | 4.46 (22.1%) | 35113 | 861.5 | 2.5 | 0.0 |
| MRD | Melcor Developments | 11.51 | 14.00 | 2.49 (21.6%) | 7032 | 353.7 | 5.6 | 4.1 |
| YAK | Mongolia Growth Group | 1.40 | 1.69 | 0.29 (20.5%) | 30217 | 48.2 | 0.0 | 4.2 |
| KDSX | Kadestone Capital | 0.78 | 0.92 | 0.14 (17.8%) | 761 | 36.6 | 0.0 | 0.0 |
All data provided as of March 14, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Kadestone Capital
Kadestone Capital Corp is engaged in the acquisition, development, and management of residential and commercial rental units, and the development and construction of residential housing units for sale. Property revenues include rental revenue from income-producing properties. In addition, it is also engaged in the procurement and sale of building materials within urban centers and high-growth, emerging markets in Canada.
Kadestone Capital is listed under KDSX 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.
