Canadian Undervalued Stocks Based On Cash Flows

Decisive Dividend

Market Cap: CA$140.9m

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

Black Diamond Group

Market Cap: CA$972.8m

Black Diamond Group Limited rents and sells modular space and workforce accommodation solutions in Canada, the United States, and Australia.

Neo Performance Materials

Market Cap: CA$653.5m

Engages in the manufacture and sale of rare earth, magnetic powders, magnets, and rare metal-based functional materials in China, Japan, Thailand, South Korea, North America, Europe, and internationally.

kneat.com

Market Cap: CA$454.7m

Designs, develops, and supplies software for data and document management within regulated environments in North America, Europe, and the Asia Pacific.

Dexterra Group

Market Cap: CA$747.2m

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

GURU Organic Energy

Market Cap: CA$155.9m

A beverage company, produces, markets, and distributes natural, plant-based, and organic energy drinks in Canada and the United States.

EQB

Market Cap: CA$3.8b

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

Topicus.com

Market Cap: CA$10.4b

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

Endeavour Mining

Market Cap: CA$16.5b

Operates as a multi-asset gold producer in West Africa.

5N Plus

Market Cap: CA$1.6b

Produces and sells specialty semiconductors and performance materials in the Americas, Europe, Asia, and internationally.

Major Drilling Group International

Market Cap: CA$1.1b

Provides contract drilling services to mining and mineral exploration companies in the United States, Canada, South and Central America, Australasia, and Africa.

Kinaxis

Market Cap: CA$5.0b

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

Savaria

Market Cap: CA$1.6b

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

NanoXplore

Market Cap: CA$406.4m

A graphene company, manufactures and supplies graphene powder for use in transportation and industrial markets in Australia.

Haivision Systems

Market Cap: CA$149.6m

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

Constellation Software

Market Cap: CA$70.5b

Acquires, builds, and manages vertical market software businesses to develop mission-critical software solutions for public and private sector markets.

Exchange Income

Market Cap: CA$4.6b

Engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide.

Lithium Royalty

Market Cap: CA$395.6m

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

New Found Gold

Market Cap: CA$740.3m

A mineral exploration company, engages in the identification, evaluation, acquisition, and exploration of mineral properties in the Provinces of Newfoundland and Labrador, Canada.

ShaMaran Petroleum

Market Cap: CA$690.1m

Engages in the oil and gas exploration and production.

Colliers International Group

Market Cap: CA$10.3b

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

West Fraser Timber

Market Cap: CA$6.6b

A diversified wood products company, engages in manufacturing, selling, marketing, and distributing lumber, engineered wood products, pulp, newsprint, wood chips, and other residuals and renewable energy.

Aecon Group

Market Cap: CA$2.0b

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.

Badger Infrastructure Solutions

Market Cap: CA$2.5b

Provides non-destructive excavating and related services in Canada and the United States.

Tantalus Systems Holding

Market Cap: CA$239.2m

A technology company, provides smart grid solutions in Canada and the United States.

Montage Gold

Market Cap: CA$3.4b

Engages in the acquisition, exploration, and development of mineral properties in Africa.

Aritzia

Market Cap: CA$13.3b

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