Canadian Undervalued based on future growth

DeFi Technologies

Market Cap: CA$297.1m

A technology company, develops exchange traded products that synthetically track the value of a single DeFi protocol or a basket of protocols in Canada.

ADF Group

Market Cap: CA$276.1m

Engages in the design and engineering of connections including industrial coatings in Canada and the United States.

Foraco International

Market Cap: CA$255.9m

Provides drilling services in North America, South America, the Asia Pacific, the Middle East, Africa, and Europe.

Source Energy Services

Market Cap: CA$200.7m

Engages in the production and distribution of frac sand used primarily in oil and gas exploration and production in Canada and the United States.

Cannara Biotech

Market Cap: CA$177.8m

Engages in the indoor cultivation, processing, and sale of cannabis and cannabis-derivative products in Canada.

Decibel Cannabis

Market Cap: CA$72.1m

An integrated cannabis company, engages in the cannabis cultivation in Canada.

CEMATRIX

Market Cap: CA$69.0m

Through its subsidiaries, manufactures and sells cellular concrete products in North America, Canada, and the United States.

Westbridge Renewable Energy

Market Cap: CA$44.5m

Engages in the acquisition and development of solar photovoltaic (PV) projects in Canada, the United States, the United Kingdom, and Italy.

NTG Clarity Networks

Market Cap: CA$44.5m

Provides network, telecom, IT, and infrastructure solutions to medium and large network service providers in Canada, North America, Iraq, Saudi Arabia, Egypt, and Oman.

Cleantek Industries

Market Cap: CA$20.2m

Manufactures and markets technology-based equipment in Western Canada and the United States.