CAPREIT: Top 25 Undervalued S&P/TSX Composite Index Stocks (CAR-UN)
CAPREIT is now ranked among the top 25 undervalued stocks included in the S&P/TSX Composite Index.
- 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 market cap category are held primarily for capital appreciation and/or dividends.
Inclusion in a major index means a company ranks among the largest in their market. This also implies stability by-way of institutional support for the stock by index funds.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| FM | First Quantum Minerals | 13.05 | 20.88 | 7.83 (60.0%) | 3107638 | 9055.6 | 1.7 | 10.8 |
| BIP-UN | Brookfield Infr Partners | 40.68 | 64.56 | 23.88 (58.7%) | 499896 | 18664.0 | 5.1 | 97.7 |
| NTR | Nutrien | 74.53 | 100.71 | 26.18 (35.1%) | 1765693 | 36896.5 | 3.8 | 12.8 |
| AQN | Algonquin Power | 8.52 | 11.43 | 2.91 (34.2%) | 3253495 | 5865.4 | 6.7 | 0.0 |
| SAP | Saputo | 26.59 | 34.88 | 8.29 (31.2%) | 615775 | 11249.3 | 2.7 | 17.8 |
| ABX | Barrick Gold | 23.20 | 30.39 | 7.19 (31.0%) | 3337578 | 40716.0 | 2.3 | 583.3 |
| AEM | Agnico Eagle Mines | 70.25 | 82.68 | 12.43 (17.7%) | 1313129 | 34872.4 | 3.1 | 10.2 |
| BN | Brookfield | 51.46 | 60.11 | 8.65 (16.8%) | 1764391 | 81600.1 | 0.7 | 0.0 |
| CTC-A | Canadian Tire Corp | 139.75 | 162.33 | 22.58 (16.2%) | 196087 | 7793.3 | 4.9 | 14.4 |
| SHOP | Shopify | 98.11 | 111.27 | 13.16 (13.4%) | 3685052 | 127133.9 | 0.0 | 0.0 |
| CAE | CAE | 28.56 | 32.27 | 3.71 (13.0%) | 648155 | 9266.1 | 0.0 | 30.3 |
| SU | Suncor Energy | 45.00 | 50.83 | 5.83 (13.0%) | 7986993 | 58590.0 | 4.7 | 7.3 |
| PPL | Pembina Pipeline | 45.99 | 51.32 | 5.33 (11.6%) | 3677529 | 25294.5 | 5.8 | 21.2 |
| GIL | Gildan Activewear | 42.91 | 47.81 | 4.90 (11.4%) | 816210 | 7524.2 | 2.3 | 12.2 |
| ENB | Enbridge | 48.79 | 53.83 | 5.04 (10.3%) | 5187989 | 99970.7 | 7.2 | 32.7 |
| CP | Canadian Pacific Kansas | 105.99 | 116.69 | 10.70 (10.1%) | 1503937 | 98984.1 | 0.7 | 23.5 |
| EMA | Emera | 50.89 | 55.72 | 4.83 (9.5%) | 969741 | 13923.5 | 5.5 | 11.7 |
| K | Kinross Gold | 7.70 | 8.33 | 0.63 (8.2%) | 3319475 | 9531.3 | 2.1 | 30.1 |
| MG | Magna International | 74.52 | 80.56 | 6.04 (8.1%) | 850056 | 21372.3 | 3.3 | 15.5 |
| FTS | Fortis | 55.29 | 59.20 | 3.91 (7.1%) | 1287821 | 26964.9 | 4.1 | 18.0 |
| CAR-UN | CAPREIT | 47.63 | 50.32 | 2.69 (5.7%) | 423947 | 8084.1 | 3.0 | 0.0 |
| OTEX | Open Text | 53.12 | 55.69 | 2.57 (4.8%) | 512843 | 14443.4 | 2.5 | 31.1 |
| FSV | FirstService | 212.25 | 221.66 | 9.41 (4.4%) | 100684 | 9520.0 | 0.6 | 53.8 |
| GIB-A | CGI | 136.93 | 142.36 | 5.43 (4.0%) | 352876 | 32548.5 | 0.0 | 19.8 |
| CCO | Cameco | 56.95 | 59.11 | 2.16 (3.8%) | 1316297 | 24780.9 | 0.2 | 92.6 |
All data provided as of January 08, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
CAPREIT
Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust primarily engaged in the acquisition and leasing of multiunit residential rental properties located near major urban centers across Canada. The company's real estate portfolio is mainly composed of apartments and townhouses situated near public amenities. Most of CAPREIT's holdings are aimed towards the midtier and luxury markets in terms of demographic segments.
CAPREIT is listed under CAR-UN 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.
