FuelPositive is now ranked among the top 10 undervalued stocks in the Industrial Products 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)
Industrial Products: Companies that manufacture and market office and business machines, such as copiers, fax machines, postage meters, point-ofsale terminals, and ATMs.
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 |
|---|---|---|---|---|---|---|---|---|
| ENEV | Enerev5 Metals | 0.01 | 0.02 | 0.01 (283.8%) | 595 | 1.2 | 0.0 | 0.0 |
| EWS | Environmental Waste Intl | 0.01 | 0.02 | 0.01 (220.1%) | 256278 | 1.9 | 0.0 | 0.0 |
| OSIX | Oceansix Future Paths | 0.02 | 0.05 | 0.03 (166.1%) | 117487 | 3.5 | 0.0 | 0.0 |
| CAG | Composite Alliance Group | 0.01 | 0.02 | 0.01 (123.7%) | 95 | 1.0 | 0.0 | 0.0 |
| BLDP | Ballard Power Systems | 2.22 | 4.75 | 2.53 (114.1%) | 1472371 | 664.7 | 0.0 | 0.0 |
| EXRO | Exro Technologies | 0.19 | 0.34 | 0.15 (79.0%) | 419316 | 94.4 | 0.0 | 0.0 |
| QST | Questor Tech | 0.38 | 0.60 | 0.22 (58.3%) | 19437 | 10.6 | 0.0 | 0.0 |
| GRN | Greenlane Renewables | 0.07 | 0.10 | 0.04 (53.9%) | 53813 | 10.0 | 0.0 | 0.0 |
| APL | Appulse | 0.19 | 0.29 | 0.10 (52.4%) | 12666 | 2.8 | 0.0 | 0.0 |
| NHHH | FuelPositive | 0.04 | 0.05 | 0.02 (52.2%) | 447795 | 18.3 | 0.0 | 0.0 |
All data provided as of October 19, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
FuelPositive
FuelPositive Corp is a developer and planned growth stage manufacturer of an expanding portfolio of energy storage and fossil fuel replacement technologies. The company is also focused on the acquisition of other complementary sustainable energy storage and fuel technologies through licensing and purchase of qualifying assets. The Company owns the rights to certain proprietary hydrogen and ammonia technologies being developed by the company.
FuelPositive is listed under NHHH on the TSX Venture 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.