Canadian Undervalued Stocks Based On Cash Flows

Neo Performance Materials

Market Cap: CA$738.8m

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.

Lithium Royalty

Market Cap: CA$341.7m

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

Birchcliff Energy

Market Cap: CA$1.9b

An intermediate oil and natural gas company, engages in the exploration, development, and production of natural gas, light oil, condensate, and other natural gas liquids in Western Canada.

Northland Power

Market Cap: CA$4.8b

Operates as a power producer in Canada, the Netherlands, Germany, Colombia, Spain, the United States, and internationally.

Topicus.com

Market Cap: CA$10.7b

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

Haivision Systems

Market Cap: CA$134.0m

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

Constellation Software

Market Cap: CA$70.8b

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

Savaria

Market Cap: CA$1.6b

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

Endeavour Mining

Market Cap: CA$14.6b

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

5N Plus

Market Cap: CA$1.8b

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

OceanaGold

Market Cap: CA$7.9b

A gold and copper producer, engages in exploration, development, and operation of mineral properties in the United States, the Philippines, and New Zealand.

Tantalus Systems Holding

Market Cap: CA$195.5m

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

Artemis Gold

Market Cap: CA$8.2b

Focuses on the identification, acquisition, and development of gold properties.

Aecon Group

Market Cap: CA$1.7b

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.

Aritzia

Market Cap: CA$11.2b

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

Triple Flag Precious Metals

Market Cap: CA$8.7b

A precious metals streaming and royalty company, engages in acquiring and managing precious metals, streams, royalties, and other mineral interests in Australia, Canada, Colombia, Cote d’Ivoire, Honduras, Mexico, Mongolia, Peru, South Africa, and the United States.

Colliers International Group

Market Cap: CA$10.5b

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

VersaBank

Market Cap: CA$533.7m

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

ShaMaran Petroleum

Market Cap: CA$747.6m

Engages in the oil and gas exploration and production.