NuGen Medical Devices is now ranked among the top 10 undervalued stocks in the Medical Devices & Instruments 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)
Medical Devices & Instruments: Companies that develop, manufacture, and market medical and surgical equipment and machinery, including orthopedic products, respiratory care equipment, x-ray equipment, laser systems, implants, pacemakers, and other major medical machines and apparatus.
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 |
|---|---|---|---|---|---|---|---|---|
| PINK | Perimeter Medical Imaging | 0.27 | 0.57 | 0.31 (116.7%) | 133586 | 24.8 | 0.0 | 0.0 |
| VPT | VentriPoint Diagnostics | 0.10 | 0.15 | 0.05 (50.0%) | 126104 | 15.8 | 0.0 | 0.0 |
| NGMD | NuGen Medical Devices | 0.06 | 0.08 | 0.02 (32.2%) | 162762 | 12.9 | 0.0 | 0.0 |
| THRM | Therma Bright | 0.02 | 0.02 | 0.00 (18.0%) | 1183842 | 8.9 | 0.0 | 0.0 |
| ZCT | Zero Candida Technologies | 0.29 | 0.34 | 0.05 (16.6%) | 690 | 5.7 | 0.0 | 0.0 |
| PRN | Profound Medical | 7.21 | 7.42 | 0.21 (3.0%) | 13223 | 216.6 | 0.0 | 0.0 |
All data provided as of July 14, 2025.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
NuGen Medical Devices
NuGen Medical Devices Inc is a medical device manufacturing company specializing in the field of needleless injections and related technologies. The reportable segment of the company is the manufacturing of needle injector devices. Geographically, the company generates revenue from Europe, followed by Asia, North America, and other.
NuGen Medical Devices is listed under NGMD 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.