Canadian Potentially Undervalued Companies

enCore Energy

Market Cap: CA$823.2m

Engages in the acquisition, exploration, development, and extraction of uranium resource properties in the United States.

Advantage Energy

Market Cap: CA$1.9b

Engages in the acquisition, exploitation, development, and production natural gas, crude oil, and natural gas liquids (NGLs) in the Province of Alberta, Canada.

Lithium Royalty

Market Cap: CA$350.5m

Operates as a lithium-focused royalty company in Canada, the United States, Australia, Argentina, Brazil, and South America.

Aecon Group

Market Cap: CA$1.6b

Aecon Group Inc., together with its subsidiaries, provide construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally.

CT Real Estate Investment Trust

Market Cap: CA$3.9b

CT Real Estate Investment Trust (CT REIT) is an unincorporated, closed end real estate investment trust formed to own income producing commercial properties primarily located in Canada.

Tribe Property Technologies

Market Cap: CA$16.5m

Provides technology-enabled property management services.

PepsiCo

Market Cap: CA$196.0b

Engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide.

Tidewater Midstream and Infrastructure

Market Cap: CA$132.6m

Tidewater Midstream and Infrastructure Ltd.

Alithya Group

Market Cap: CA$177.0m

Provides information technology services and solutions through digital technologies in Canada, the United States, and internationally.

Kits Eyecare

Market Cap: CA$521.9m

Operates a digital eyecare platform in the United States and Canada.

Covalon Technologies

Market Cap: CA$57.0m

Engages in the research, development, manufacturing, and marketing of medical products in infection management, advanced wound care, and surgical procedure areas in the United States, Canada, the Middle East, Asia, Latin America, and internationally.

MTY Food Group

Market Cap: CA$888.5m

Operates and franchises quick-service, fast-casual, and casual dining restaurants in Canada, the United States, and internationally.

Waste Connections

Market Cap: CA$45.0b

Provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada.

Versamet Royalties

Market Cap: CA$1.0b

Operates as metals royalty and streaming company, engages in the acquiring and managing royalties, streams, and other similar interests on metals and mining operations and projects in Peru, Africa, Canada.

McChip Resources

Market Cap: CA$10.2m

Operates in the natural resource industry in Canada.

Airbnb

Market Cap: CA$74.9b

Operates a platform that enables hosts to offer stays and experiences to guests worldwide.

CAE

Market Cap: CA$12.9b

Provides training, simulation, and critical operation solutions in Canada, the United States, the United Kingdom, Europe, Asia, the Oceania, Africa, and rest of the Americas.

Canadian National Railway

Market Cap: CA$82.2b

Engages in the rail, intermodal, trucking, and related transportation businesses in Canada and the United States.

Intact Financial

Market Cap: CA$47.5b

Through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada, the United States, the United Kingdom, and internationally.

TerrAscend

Market Cap: CA$432.6m

TerrAscend Corp. cultivates, produces, and sells cannabis products in Canada and the United States.

Eguana Technologies

Market Cap: CA$8.4m

Designs, manufactures, and markets energy storage solutions for residential and commercial markets in Australia, Europe, and North America.

TWC Enterprises

Market Cap: CA$580.1m

Owns, operates, and manages golf clubs under the ClubLink One Membership More Golf brand in Canada and the United States.

East Side Games Group

Market Cap: CA$30.8m

Through its subsidiaries, develops, operates, and publishes free-to-play casual mobile games in Canada, the United States, and Europe.

Imperial Equities

Market Cap: CA$34.4m

Engages in the acquisition, development, redevelopment, leasing, and sale of industrial, agricultural, and commercial properties primarily in Canada.

adidas

Market Cap: CA$33.3b

Designs, develops, produces, and markets athletic and sports lifestyle products in Europe, North America, Greater China, Latin America, Japan, and South Korea.

First Majestic Silver

Market Cap: CA$8.4b

Engages in the acquisition, exploration, development, and production of mineral properties in North America.

Cenovus Energy

Market Cap: CA$42.0b

Develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and China.

Orla Mining

Market Cap: CA$4.7b

Acquires, explores, develops, and exploits mineral properties.

Decisive Dividend

Market Cap: CA$146.4m

Through its subsidiaries, manufactures and sells wood burning stoves, fireplace inserts, and fireplaces in Canada, the United States, and internationally.

Aurion Resources

Market Cap: CA$179.7m

Engages in the acquisition, exploration, and evaluation of mineral properties in Finland.

DMG Blockchain Solutions

Market Cap: CA$100.6m

Operates as a blockchain and crypto-currency company in North America.

Rubicon Organics

Market Cap: CA$39.0m

Engages in the production, processing, and sale of organic cannabis for the recreational and medical-use markets in Canada and internationally.

Superior Plus

Market Cap: CA$1.8b

Distributes propane, compressed natural gas, and renewable energy and related products and services in the United States and Canada.

TerraVest Industries

Market Cap: CA$3.1b

Manufactures and sells goods and services to agriculture, mining, energy production and distribution, chemical, utilities, transportation and construction, and other markets in Canada, the United States, and internationally.

Braille Energy Systems

Market Cap: CA$6.0m

Provides battery manufacturing and energy storage solutions in Canada and internationally.

Digi Power X

Market Cap: CA$150.6m

An energy infrastructure company, develops data centers to drive the expansion of energy assets in the United States.