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Sprott Physical Platinum: Top 10 Undervalued Financial Services Sector Stocks on TSX (SPPP-U)

AI-generated - The Globe and Mail - Tue Mar 5, 2024

Sprott Physical Platinum is now ranked among the top 10 undervalued stocks in the Financial Services 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
XMF-AM Split0.180.380.20 (106.0%)3250.40.00.0
AABAberdeen International0.010.030.02 (102.3%)575572.20.00.0
FGAA-UFG Acquisition9.7018.638.93 (92.1%)1027.90.00.0
AXISAxis Auto Fin0.090.160.07 (77.5%)1673710.90.00.0
RCGRF Capital Gr8.3714.155.78 (69.0%)4897132.00.00.0
FTUUS Financial 15 Split0.200.320.12 (60.7%)45850.40.00.0
ACDAccord Financial5.267.682.42 (46.0%)290745.04.50.0
CRWNCrown Cap Partners5.206.371.17 (22.4%)12029.10.00.0
SPPP-USprott Physical Platinum8.9910.531.54 (17.1%)40192.70.00.0
SECSenvest Capital308.00356.3248.32 (15.7%)33762.60.00.0

All data provided as of March 01, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.

Sprott Physical Platinum

Sprott Physical Platinum & Palladium Tr invests and holds all of its assets in physical platinum and palladium bullion. It seeks to provide a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical platinum and palladium bullion without the inconvenience that is typical of a direct investment in physical bullion. The Trust invests mainly in long-term holdings of unencumbered, fully allocated, physical platinum and palladium bullion.

Sprott Physical Platinum is listed under SPPP-U 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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