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TrustBIX: Top 10 Undervalued Technology Sector Stocks on TSX-V (TBIX)

AI-generated - The Globe and Mail - Wed Oct 30, 2024

TrustBIX is now ranked among the top 10 undervalued stocks in the Technology sector on the 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)

Stocks in this category are held primarily for capital appreciation.

SymbolNameClose Price ($)Valuation ($)DifferenceAverage Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
TBIXTrustBIX0.010.030.02 (206.2%)150951.20.00.0
KLXCarbon Done Right0.010.040.03 (199.2%)745021.40.00.0
SEVSpectra7 Microsystems0.130.370.24 (195.1%)152999.60.00.0
NOWNowVertical Gr0.090.250.16 (174.5%)1225287.20.00.0
WFLDWellfield Technologies0.040.090.06 (167.4%)1346596.30.00.0
AISXAisix Solutions0.040.100.06 (147.5%)572673.90.00.0
CYBECyberCatch Holdings0.150.380.23 (146.6%)81100.90.00.0
FARMDeveron0.040.110.07 (146.4%)1114687.00.00.0
ACUAurora Solar Technologies0.030.070.04 (141.4%)292556.70.00.0
MVYMoovly Media0.010.040.02 (136.7%)300502.90.00.0

All data provided as of October 29, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.

TrustBIX

TrustBIX Inc goal is to create a world where trust more, waste less and reward sustainable behaviour by addressing consumer and agri-food business demands. The company delivers independent validation of food provenance and sustainable production practices within the supply chain - Gate to Plate. It provides a suite of hardware and software solutions to the livestock industry in North America and China.

TrustBIX is listed under TBIX 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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