Post by
profitprophet1 on Nov 18, 2022 8:50pm
Motley Fool mentions CGY
An underappreciated growth stock With a market cap of $622 million, Calian Group (TSX:CGY) is a fairly small-cap growth stock. After a nearly 11% decline in 2022, it trades with a decent 2% dividend yield. Calian is interesting for its diversified mix of businesses in healthcare, training, cybersecurity, and specialized technologies. This Canadian stock has been growing by around 20% for the past several years. During this time, margins have been improving, cash flows have grown, and it has consistently been profitable. It only trades for 14 times normalized earnings and nine times earnings before interest, taxes, depreciation, and amortization. The company has $51 million in cash, so I suspect it will be opportunistic in buying additive companies in this economic downturn. This Canadian stock trades at a meaningful discount to peers, and it could see a strong recovery if the stock market turns bullish again.