Canadian Undervalued Stocks Based On Cash Flows

Decisive Dividend

Market Cap: CA$144.3m

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

kneat.com

Market Cap: CA$450.0m

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

EQB

Market Cap: CA$3.7b

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

Dexterra Group

Market Cap: CA$740.6m

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

Neo Performance Materials

Market Cap: CA$708.8m

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.

GURU Organic Energy

Market Cap: CA$132.5m

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

Topicus.com

Market Cap: CA$10.5b

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

Constellation Software

Market Cap: CA$70.1b

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

Haivision Systems

Market Cap: CA$140.6m

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

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$397.3m

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

5N Plus

Market Cap: CA$1.8b

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

Kinaxis

Market Cap: CA$5.0b

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

Exchange Income

Market Cap: CA$4.3b

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

Lithium Royalty

Market Cap: CA$384.0m

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

Endeavour Mining

Market Cap: CA$15.3b

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

Aya Gold & Silver

Market Cap: CA$2.6b

Engages in the exploration, evaluation, and development of precious metals projects in Morocco.

Montage Gold

Market Cap: CA$3.1b

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

Tantalus Systems Holding

Market Cap: CA$226.4m

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

ShaMaran Petroleum

Market Cap: CA$718.9m

Engages in the oil and gas exploration and production.

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.

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.

BRP

Market Cap: CA$7.7b

Designs, develops, manufactures, and sells powersports vehicles and marine products in the Mexico, Canada, Austria, the United States, Finland, Australia, and Germany.

VersaBank

Market Cap: CA$558.1m

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

DPM Metals

Market Cap: CA$8.7b

A gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals.

Badger Infrastructure Solutions

Market Cap: CA$2.6b

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

Triple Flag Precious Metals

Market Cap: CA$9.5b

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.

Artemis Gold

Market Cap: CA$8.2b

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

Aritzia

Market Cap: CA$12.8b

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