Stelco Holdings: Top 10 Undervalued Steel Industry Stocks (STLC)
Stelco Holdings is now ranked among the top 10 undervalued stocks in the Steel 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).
Steel: Companies that produce coking coal. 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 |
|---|---|---|---|---|---|---|---|---|
| CIA-T | Champion Iron | 4.47 | 4.07 | -0.4 (-8.88) | 303,095 | 2,359.6 | 4.5 | 6.9 |
| LIF-T | Labrador Iron Ore Royalty | 27.72 | 28.25 | 0.53 (1.92) | 411,564 | 1,767.5 | 12.8 | 5.5 |
| ASTL-T | Algoma Steel Gr | 9.12 | 14.44 | 5.32 (58.31) | 370,114 | 1,610.6 | 2.1 | 1 |
| TSL-T | Tree Island Steel | 3.58 | 4.81 | 1.23 (34.38) | 4,523 | 101.8 | 3.4 | 1 |
| STLC-T | Stelco Holdings | 34.35 | 47.13 | 12.78 (37.21) | 484,859 | 2,480.6 | 3.5 | 1.4 |
| CSO-X | Corsa Coal | 0.35 | 0.37 | 0.02 (4.94) | 87,231 | 36.1 | 0 | 0 |
| CAF-X | Canaf Inv | 0.1 | 0.1 | -0 (-0.32) | 6,745 | 4.7 | 0 | 6 |
| CAD-X | Colonial Coal Intl | 1.4 | 0.55 | -0.85 (-60.79) | 75,088 | 245.1 | 0 | 0 |
More about Stelco Holdings
All data provided as-at market close October 06, 2022. The list is sorted by stocks with the greatest percentage difference between valuation and price. Stelco Holdings Stelco Holdings Inc is a steel company. It is engaged in the production and selling of steel products for customers in the steel service center, appliance, automotive, energy, construction, pipe and tube industries in North America. Stelco Holdings is listed under STLC 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) and Analyst Consensus
Artificial intelligence at Report on Business
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.
