Mullen Group: Top 10 Undervalued Transportation Industry Stocks (MTL)
Mullen Group is now ranked among the top 10 undervalued stocks in the Transportation 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)
Transportation: Air transportation companies that provide related air services, including helicopter transportation, air-charter services, in-flight catering services, and air emergency and business-related services.
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 |
|---|---|---|---|---|---|---|---|---|
| CHR | Chorus Aviation | 2.09 | 3.99 | 1.90 (91.0%) | 235389 | 417.3 | 0.0 | 5.0 |
| TTNM | Titanium Transportation | 2.51 | 4.13 | 1.62 (64.4%) | 18659 | 114.7 | 3.2 | 6.3 |
| CJT | Cargojet | 80.25 | 108.83 | 28.58 (35.6%) | 41988 | 1661.2 | 1.4 | 10.1 |
| KLS | Kelso Technologies | 0.24 | 0.32 | 0.08 (32.1%) | 10355 | 13.3 | 0.0 | 0.0 |
| MTL | Mullen Group | 13.29 | 15.76 | 2.47 (18.6%) | 205225 | 1301.0 | 5.4 | 7.6 |
| ALC | Algoma Central | 14.55 | 15.25 | 0.70 (4.8%) | 6683 | 626.3 | 4.9 | 5.7 |
| LGT-A | Logistec | 63.27 | 65.57 | 2.30 (3.6%) | 159 | 822.4 | 0.7 | 18.9 |
| LGT-B | Logistec | 63.36 | 64.88 | 1.52 (2.4%) | 18045 | 823.5 | 0.8 | 18.9 |
| WTE | Westshore Terminals | 23.56 | 23.69 | 0.13 (0.6%) | 63890 | 1472.8 | 5.7 | 19.0 |
All data provided as of November 03, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Mullen Group
Mullen Group Ltd is a logistics provider with a network of independently operated businesses providing a wide range of service offerings including less-than-truckload, truckload, Specialized & Industrial Services warehousing and logistics, U..S. and International Logistics, and Corporate. The company also provides a diverse set of specialized services related to the energy, mining, forestry, and construction industries in western Canada.
Mullen Group is listed under MTL 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.
