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Lions Bay Capital: Top 10 Undervalued Asset Management Industry Stocks (LBI)

AI-generated - The Globe and Mail - Wed Jan 3, 2024

Lions Bay Capital is now ranked among the top 10 undervalued stocks in the Asset 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)

Asset Management: Investment management firms offering diversified services such as asset administration, investment advice, portfolio or mutual fund management, money management, and venture capital.

Stocks in this category are held primarily for capital appreciation.

SymbolNameClose Price ($)Valuation ($)DifferenceAverage Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
ESSEsstra Indus0.050.150.10 (195.6%)2500.40.00.0
LBILions Bay Capital0.010.030.02 (109.1%)163122.10.00.0
RCGRF Capital Gr7.3812.515.13 (69.6%)10084116.40.00.0
ZCZimtu Capital0.040.080.03 (67.1%)68823.80.00.0
FFPCons Firstfund Capital0.100.170.07 (65.5%)2940.60.00.0
CEPCliffside Capital0.040.070.03 (59.1%)60004.40.00.0
RII-KRichco Investors0.040.050.01 (41.5%)4370.80.00.0
AABAberdeen International0.030.030.01 (36.5%)154573.60.00.0
MONTMontfort Capital0.130.180.05 (35.6%)9707112.00.00.0
PXIPlanet Ventures0.030.030.01 (30.6%)620482.80.00.0

All data provided as of January 03, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.

Lions Bay Capital

Lions Bay Capital Inc is an investment holding company. It is a mining finance and investment company that identifies and realizes the potential of early stage resource opportunities. The fundamental objective of LBI management is to generate profits and be a vehicle through which major investment institutions use to identify opportunities.

Lions Bay Capital is listed under LBI 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.

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