Canadian Undervalued Stocks Based On Cash Flows

Decisive Dividend

Market Cap: CA$147.8m

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

GURU Organic Energy

Market Cap: CA$135.7m

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

Green Thumb Industries

Market Cap: CA$2.3b

Manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States.

Vitalhub

Market Cap: CA$644.1m

Provides technology and software solutions for health and human service providers in Canada, the United States, the United Kingdom, Australia, Western Asia, 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$135.4m

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

Artemis Gold

Market Cap: CA$8.0b

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

Savaria

Market Cap: CA$1.6b

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

Americas Gold and Silver

Market Cap: CA$1.5b

Engages in the exploration, development, and production of mineral properties in the Americas.

Exchange Income

Market Cap: CA$4.2b

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

Constellation Software

Market Cap: CA$71.7b

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

5N Plus

Market Cap: CA$1.8b

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

Colliers International Group

Market Cap: CA$10.8b

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

Tourmaline Oil

Market Cap: CA$23.3b

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

Happy Belly Food Group

Market Cap: CA$230.7m

Operates as a multi-branded restaurant company that engages in acquiring and scaling emerging food brands across Canada.

Aritzia

Market Cap: CA$10.9b

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

Aecon Group

Market Cap: CA$1.8b

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.

ShaMaran Petroleum

Market Cap: CA$718.9m

Engages in the oil and gas exploration and production.

VersaBank

Market Cap: CA$529.2m

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

Franco-Nevada

Market Cap: CA$51.9b

Operates as a royalty and stream company focused on precious metals in South America, Central America, Mexico, the United States, Canada, Australia, Europe, and internationally.

Endeavour Mining

Market Cap: CA$13.4b

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

Alphamin Resources

Market Cap: CA$1.3b

Engages in the production and sale of tin concentrate.