Canadian Undervalued Stocks Based On Cash Flows

VersaBank

Market Cap: CA$475.7m

Provides various banking products and services in Canada and the United States.

Thunderbird Entertainment Group

Market Cap: CA$82.6m

Develops, produces, and distributes film and television programs in Canada and internationally.

Docebo

Market Cap: CA$1.3b

Develops and provides a learning management platform for training in North America and internationally.

Tourmaline Oil

Market Cap: CA$26.4b

Engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in the Western Canadian Sedimentary Basin.

Groupe Dynamite

Market Cap: CA$1.5b

Operates fashion retail stores in North America.

Metalla Royalty & Streaming

Market Cap: CA$374.6m

A precious metals royalty and streaming company, engages in the acquisition and management of gold, silver, copper royalties, streams, and related production-based interests in Canada.

Savaria

Market Cap: CA$1.2b

Provides accessibility solutions for the elderly and physically challenged people in Canada, the United States, Europe, and internationally.

Lithium Royalty

Market Cap: CA$278.3m

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

illumin Holdings

Market Cap: CA$112.2m

A technology company, provides digital media solutions in the United States, Canada, Europe, Latin America, and internationally.

K92 Mining

Market Cap: CA$2.9b

Engages in the exploration and development of mineral deposits in Papua New Guinea.

Electrovaya

Market Cap: CA$149.9m

Engages in the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications in North America.

Theratechnologies

Market Cap: CA$96.6m

A biopharmaceutical company, focuses on the commercialization of various therapies to address the unmet medical needs in the United States, Canada, and Europe.

AtkinsRéalis Group

Market Cap: CA$11.9b

Provides professional services and project management, and capital investment services in United Kingdom, Canada, the United States, Saudi Arabia, and internationally.

Alamos Gold

Market Cap: CA$16.1b

Operates as a gold producer in Canada, Mexico, and the United States.

Computer Modelling Group

Market Cap: CA$661.0m

A software and consulting technology company, engages in the development and licensing of reservoir simulation and seismic interpretation software and related services.

AirBoss of America

Market Cap: CA$103.9m

Manufactures and sells rubber-based products in Canada, the United States, and internationally.

Tidewater Midstream and Infrastructure

Market Cap: CA$114.3m

Tidewater Midstream and Infrastructure Ltd.

Kinaxis

Market Cap: CA$4.4b

Provides cloud-based subscription software for supply chain operations in the United States, Europe, Asia, and Canada.

Topicus.com

Market Cap: CA$11.9b

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

Converge Technology Solutions

Market Cap: CA$1.0b

Provides software-enabled IT and cloud solutions in the United States, Canada, Europe, and the United Kingdom.

Galaxy Digital Holdings

Market Cap: CA$5.6b

Engages in the digital asset and blockchain businesses.

Cineplex

Market Cap: CA$628.6m

Operates as an entertainment and media company in Canada and internationally.

Colliers International Group

Market Cap: CA$8.9b

Provides commercial real estate to corporate and institutional clients in the United States, Canada, Europe, Australia, the United Kingdom, Poland, China, India, and internationally.

Kraken Robotics

Market Cap: CA$620.2m

A marine technology company, engages in the design, manufacture, and sale of sonar and optical sensors, batteries, and underwater robotic equipment for unmanned underwater vehicles used in military and commercial applications in Canada, the Asia Pacific, Europe, the Middle East, Africa, North America, and internationally.

First Majestic Silver

Market Cap: CA$4.6b

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

CAE

Market Cap: CA$11.3b

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

Altus Group

Market Cap: CA$2.3b

Provides asset and funds intelligence solutions for commercial real estate (CRE) in Canada, the United States, the United Kingdom, France, Europe, the Middle East, Africa, Australia, and the Asia Pacific.