Cascades: Top 10 Undervalued Packaging & Containers Industry Stocks (CAS)
Cascades is now ranked among the top 10 undervalued stocks in the Packaging & Containers 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)
Packaging & Containers: Companies that manufacture and market paper, plastic, metal, and glass packaging products, including corrugated boxes, cardboard containers, bottles, cans, and plastic foam and containers.
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 |
|---|---|---|---|---|---|---|---|---|
| NEXE | NEXE Innovations | 0.23 | 0.32 | 0.10 (42.3%) | 36787 | 21.9 | 0.0 | 0.0 |
| PRH | Pearl River Holdings | 0.13 | 0.17 | 0.04 (28.1%) | 834 | 3.6 | 0.0 | 0.0 |
| IFX | Imaflex | 0.80 | 0.96 | 0.16 (20.4%) | 7402 | 41.7 | 0.0 | 22.2 |
| CAS | Cascades | 10.39 | 12.50 | 2.11 (20.3%) | 365911 | 1049.0 | 4.6 | 0.0 |
| TCL-B | Transcontinental | 14.28 | 16.72 | 2.44 (17.1%) | 132 | 1236.6 | 6.3 | 14.4 |
| TCL-A | Transcontinental | 14.26 | 16.66 | 2.40 (16.8%) | 211856 | 1234.9 | 6.3 | 14.4 |
| GDNP | Good Natured Prods | 0.07 | 0.08 | 0.01 (16.3%) | 138501 | 18.1 | 0.0 | 0.0 |
| SXP | Supremex | 3.80 | 3.95 | 0.15 (4.0%) | 47764 | 98.4 | 3.7 | 5.7 |
| RPI-UN | Richards Packaging Inc | 33.02 | 33.47 | 0.45 (1.4%) | 2809 | 377.0 | 4.0 | 11.5 |
All data provided as of February 27, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Cascades
Cascades Inc, along with its subsidiaries, produces, converts and markets packaging and tissue products composed mainly of recycled fibres. The company is organized into three main business segments: Containerboard, Specialty Products (which constitutes packaging products), and Tissue Papers. The business activity of the company functions in Canada, the United States, Italy, and other countries.
Cascades is listed under CAS 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.
