Metro: Top 25 Undervalued Dividend Stocks on TSX (MRU)
Metro is now ranked among the top 10 undervalued large cap dividend-paying stocks on the Toronto Stock Exchange (TSX).
- 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).
- Large caps market capitalization (10-200B)
Stocks in this category are held primarily for potential income and capital appreciation. Dividend stocks showing a higher valuation than their current price have both potential upside and ability to sustain or grow their dividend.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| BTE | Baytex Energy | 4.20 | 4.61 | 0.41 (9.7%) | 4679446 | 3614.4 | 0.5 | 3.5 |
| TA | TransAlta | 10.40 | 15.36 | 4.96 (47.7%) | 683266 | 2735.2 | 2.0 | 5.0 |
| HBM | Hudbay Minerals | 6.75 | 7.30 | 0.55 (8.1%) | 1066372 | 2342.2 | 0.3 | 99.3 |
| MRU | Metro | 68.70 | 74.41 | 5.71 (8.3%) | 647095 | 15972.8 | 1.8 | 16.8 |
| WN | George Weston | 164.02 | 167.15 | 3.13 (1.9%) | 148058 | 22519.9 | 1.7 | 16.0 |
| CPX | Capital Power | 37.50 | 39.43 | 1.93 (5.1%) | 443419 | 4401.0 | 6.1 | 8.7 |
| SSRM | SSR Mining | 14.32 | 14.55 | 0.23 (1.6%) | 294327 | 2919.5 | 2.6 | 10.8 |
| SES | Secure Energy Services | 8.55 | 8.72 | 0.17 (2.0%) | 609062 | 2521.6 | 4.5 | 16.1 |
| GEI | Gibson Energy | 19.55 | 22.54 | 2.99 (15.3%) | 575693 | 3050.8 | 7.7 | 13.2 |
| FM | First Quantum Minerals | 9.65 | 21.39 | 11.74 (121.6%) | 3392555 | 6696.3 | 2.0 | 8.9 |
All data provided as of June 30, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Companies included above paid a dividend in the last 12-months.
Metro
Metro is the third-largest grocery retailer in Canada (behind Loblaw and Sobeys) and also owns the top pharmacy chain in Quebec, Jean Coutu, following the 2018 acquisition. Its grocery banners include supermarket chain Metro, discounters Super C and Food Basics, and ethnic food grocer Adonis, while its pharmacies primarily operate under the Jean Coutu and Brunet trademarks.
Metro is listed under MRU 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.
