Canadian Undervalued Stocks Based On Cash Flows

Aecon Group

Market Cap: CA$3.1b

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.

Strathcona Resources

Market Cap: CA$10.1b

Acquires, explores, develops, and produces petroleum and natural gas reserves in Canada.

Gildan Activewear

Market Cap: CA$14.8b

Manufactures and sells various apparel products.

Timbercreek Financial

Market Cap: CA$541.2m

Provides shorter-duration structured financing solutions to commercial real estate investors in Canada.

GURU Organic Energy

Market Cap: CA$108.7m

A beverage company, engages in production, marketing, and distribution of energy drinks in Canada and the United States.

Endeavour Silver

Market Cap: CA$3.8b

A silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Mexico, Chile, Peru, and the United States.

Endeavour Mining

Market Cap: CA$19.5b

Operates as a gold mining company in West Africa.

EQB

Market Cap: CA$4.2b

Through its subsidiary, Equitable Bank, provides personal and commercial banking services to retail and commercial customers in Canada.

Chemtrade Logistics Income Fund

Market Cap: CA$1.9b

Offers industrial chemicals and services in Canada, the United States, and Brazil.

Aritzia

Market Cap: CA$16.3b

Designs, develops, and sells apparels and accessories for women in the United States and Canada.

ADF Group

Market Cap: CA$295.5m

Engages in the design and engineering of connections including industrial coatings in Canada and the United States.

Topicus.com

Market Cap: CA$8.2b

Provides vertical market software and vertical market platforms in the Netherlands and internationally.

Paramount Resources

Market Cap: CA$4.8b

An energy company, explores for and develops conventional and unconventional petroleum and natural gas reserves and resources in Canada.

Definity Financial

Market Cap: CA$8.3b

Offers property and casualty insurance products in Canada.

Athabasca Oil

Market Cap: CA$5.8b

Engages in the exploration, development, and production of thermal and light oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada.

Blue Ant Media

Market Cap: CA$164.0m

Engages in streamer, production studio, and rights management businesses in Canada, the United States, the United Kingdom, and internationally.

Avino Silver & Gold Mines

Market Cap: CA$1.6b

Engages in the acquisition, exploration, and advancement of mineral properties in Mexico.

TFI International

Market Cap: CA$16.5b

Provides transportation and logistics services in the United States, Canada, and Mexico.

Stantec

Market Cap: CA$12.0b

Provides professional services in the areas of infrastructure and facilities to private and public sectors in Canada, the United States, and internationally.

Finning International

Market Cap: CA$12.6b

Sells, services, and rents heavy equipment, engines, and related products in Canada, Chile, the United Kingdom, Argentina, and internationally.

Magellan Aerospace

Market Cap: CA$1.6b

Magellan Aerospace Corporation engineers and manufactures aeroengine and aerostructure components for aerospace markets in Canada, the United States, and Europe.

i-80 Gold

Market Cap: CA$1.8b

A mining company, engages in the exploration and advancement of gold and silver mineral deposits in the United States.

Kits Eyecare

Market Cap: CA$393.7m

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