Most Undervalued on TSXIf you discount future net earnings for all the companies on the TSX, add them up, and then compare them to each company's current market cap, Russell Metals comes out as one of the most undervalued on the TSX. RUS trades at 1.5 X discounted future net earnings. By comparison:
- RIM is 14.3
- Royal Bank is 1.9
- Petro Canada is 2.6
- Manulife is 2.4
- Rogers is 7.2
- CN Rail is 1.8
- TransCanada is 3.3