FRX Innovations is now ranked among the top 10 undervalued stocks in the Chemicals 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)
Chemicals: Chemical manufacturing companies engaged in diverse chemical and chemical-related operations, and basic chemicals manufacturing.
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 |
|---|---|---|---|---|---|---|---|---|
| GGG | G6 Materials | 0.04 | 0.09 | 0.04 (98.0%) | 29082 | 0.7 | 0.0 | 0.0 |
| IZ | Intl Zeolite | 0.04 | 0.07 | 0.03 (83.2%) | 16610 | 1.7 | 0.0 | 0.0 |
| BOS | AirBoss of America | 4.26 | 7.08 | 2.82 (66.2%) | 9845 | 115.6 | 4.9 | 0.0 |
| NANO | Nano One Materials | 1.05 | 1.68 | 0.63 (60.0%) | 85241 | 116.9 | 0.0 | 0.0 |
| AIM | Aimia | 2.48 | 3.08 | 0.60 (24.2%) | 23401 | 237.0 | 0.0 | 0.0 |
| GMG | Graphene Manufacturing Gr | 0.60 | 0.74 | 0.14 (24.0%) | 47066 | 51.3 | 0.0 | 0.0 |
| FRXI | FRX Innovations | 0.04 | 0.04 | 0.01 (15.2%) | 3.5 | 0.0 | 0.0 | |
| NEO | Neo Performance Materials | 8.01 | 9.15 | 1.14 (14.3%) | 42119 | 339.2 | 5.0 | 82.3 |
| HELI | First Helium | 0.04 | 0.05 | 0.01 (12.3%) | 1895157 | 6.8 | 0.0 | 0.0 |
| CHE-UN | Chemtrade Logistics | 10.93 | 11.52 | 0.59 (5.4%) | 187908 | 1280.7 | 6.0 | 9.9 |
All data provided as of November 04, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
FRX Innovations
FRX Innovations Inc is a manufacturer of environmentally sustainable flame retardant solutions within the plastics and additives market that serve a number of large markets spanning electronics, automotive, electric vehicles (EV), and medical devices. The company manufactures products under the brand name Nofia.
FRX Innovations is listed under FRXI 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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