Canadian Potentially Undervalued Companies

Colabor Group

Market Cap: CA$58.2m

Colabor Group Inc., together with its subsidiaries, markets, distributes, and wholesales food and food-related products in Canada.

Air Canada

Market Cap: CA$5.2b

Provides domestic, U.S. transborder, and international airline services.

Firan Technology Group

Market Cap: CA$297.3m

Manufactures and sells aerospace and defense electronic products and subsystems in Canada, the United States, and China.

Highwood Asset Management

Market Cap: CA$75.1m

Together with its subsidiary, operates as an oil and gas exploration and production company in Canada.

ACT Energy Technologies

Market Cap: CA$165.9m

Provides directional drilling services to oil and natural gas companies in Canada and the United States.

Ag Growth International

Market Cap: CA$683.8m

Manufactures and distributes equipment for bulk agriculture commodities worldwide.

Chorus Aviation

Market Cap: CA$606.7m

Through its subsidiaries, provides aviation services.

Transcontinental

Market Cap: CA$1.6b

Engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, and internationally.

PHX Energy Services

Market Cap: CA$357.4m

Provides horizontal and directional drilling services, rents performance drilling motors, and sells motor equipment and parts to oil and natural gas exploration and development companies in Canada, the United States, Albania, the Middle East regions, and internationally.

Bonterra Energy

Market Cap: CA$133.6m

A conventional oil and gas company, engages in the development and production of oil and natural gas in Canada.

Sangoma Technologies

Market Cap: CA$230.3m

Develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications in the United States of America and internationally.

Vecima Networks

Market Cap: CA$249.0m

Engages in the development of integrated hardware and software solutions for broadband access, content delivery, and telematics.

CGI

Market Cap: CA$27.4b

Provides information technology (IT) and business process services.

goeasy

Market Cap: CA$2.8b

Provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada.

ARC Resources

Market Cap: CA$14.8b

Engages in the acquiring and developing crude oil, natural gas, condensate, and natural gas liquids in Canada.

Alaris Equity Partners Income Trust

Market Cap: CA$856.0m

A private equity firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, growth capital, and mature investments.

Decibel Cannabis

Market Cap: CA$77.9m

An integrated cannabis company, engages in the cannabis cultivation in Canada.

NFI Group

Market Cap: CA$1.8b

Manufactures and sells buses in North America, the United Kingdom, rest of Europe, and the Asia Pacific.

WELL Health Technologies

Market Cap: CA$1.3b

Operates as a practitioner-focused digital healthcare company in Canada, the United States, and internationally.

High Liner Foods

Market Cap: CA$495.5m

Processes and markets prepared and packaged frozen seafood products in North America.

Dexterra Group

Market Cap: CA$591.3m

Engages in the provision of support services for the creation, management, and operation of infrastructure in Canada.

Valeura Energy

Market Cap: CA$766.3m

Engages in the exploration, development, and production of petroleum and natural gas in Thailand and in Turkey.

Interfor

Market Cap: CA$522.3m

Produces and sells wood products in Canada, the United States, Japan, China, Taiwan, and internationally.

Haivision Systems

Market Cap: CA$135.0m

Provides mission-critical, real-time video networking, and visual collaboration solutions in Canada, the United States, and internationally.

Precision Drilling

Market Cap: CA$1.0b

A drilling company, provides onshore drilling, completion, and production services to exploration and production companies in the oil and natural gas and geothermal industries in the United States, Canada, and internationally.

Canadian Natural Resources

Market Cap: CA$92.9b

Engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs) in Western Canada, the United Kingdom sector of the North Sea, and Offshore Africa.

Alvopetro Energy

Market Cap: CA$245.1m

Engages in the acquisition, exploration, development, and production of hydrocarbons in Brazil and Canada.

ATCO

Market Cap: CA$5.7b

Engages in the energy, logistics and transportation, shelter, and real estate services in Canada, Australia, and internationally.

NTG Clarity Networks

Market Cap: CA$88.5m

Provides network, telecom, IT, and infrastructure solutions to medium and large network service providers in Canada, North America, Iraq, Saudi Arabia, Egypt, and Oman.

Trican Well Service

Market Cap: CA$1.3b

An equipment services company, provides various products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells in Canada.

Eldorado Gold

Market Cap: CA$8.2b

Engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, and Greece.

Source Energy Services

Market Cap: CA$182.7m

Engages in the production and distribution of frac sand used primarily in oil and gas exploration and production in Canada and the United States.

IAMGOLD

Market Cap: CA$10.3b

Through its subsidiaries, operates as a gold producer and developer in Canada and Burkina Faso.

Saturn Oil & Gas

Market Cap: CA$528.2m

Engages in the acquisition, exploration, and development of petroleum and natural gas resource deposits in Canada.

Boardwalk Real Estate Investment Trust

Market Cap: CA$3.7b

Boardwalk REIT strives to be Canada's friendliest community provider and is a leading owner/operator of multi-family rental communities.

Gran Tierra Energy

Market Cap: CA$153.5m

Engages in the exploration and production of oil and gas properties in Colombia, Canada, and Ecuador.