Tornado Global Hydrovacs is now ranked among the top 10 undervalued stocks in the Farm & Heavy Construction Machinery 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)
Farm & Heavy Construction Machinery: Companies that manufacture agricultural and construction machinery, including tractors, planting and harvesting machines, cranes, earthmovers, excavators, and related equipment and machinery. Includes truck manufacturers that provide local and longhaul trucking and transfer services for freight and cargo.
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 |
|---|---|---|---|---|---|---|---|---|
| CUB | CubicFarm Systems | 0.23 | 0.32 | 0.09 (40.7%) | 5.1 | 0.0 | 0.0 | |
| LEV | Lion Electric | 1.01 | 1.31 | 0.30 (29.3%) | 156846 | 228.5 | 0.0 | 0.0 |
| BUI | Buhler Industries | 2.40 | 2.55 | 0.15 (6.2%) | 1408 | 60.0 | 0.0 | 0.0 |
| WWT | Water Ways Technologies | 0.01 | 0.02 | 0.00 (3.3%) | 32908 | 2.2 | 0.0 | 0.0 |
| TGH | Tornado Global Hydrovacs | 0.97 | 0.99 | 0.02 (1.9%) | 19649 | 133.0 | 0.0 | 12.8 |
All data provided as of September 20, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Tornado Global Hydrovacs
Tornado Global Hydrovacs Ltd is a truck manufacturer. The company, through its subsidiaries, designs, fabricates, manufactures, and sells hydro vac trucks to excavation service providers in the municipal and oil and gas markets in North America and has expanded into China. It has two geographic operating segments, North American manufacturing and sales operations, and its China operation. The majority of its revenue is derived from the North American manufacturing segment.
Tornado Global Hydrovacs is listed under TGH 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.