I missed this in the Globe & Mail on Dec 29th, so perhaps many of you folks did as well. I copied/pasted it below in case you don't subscribe to the Globe's e-copy. Note that the valuation is $2.25 on that day, but anaysts have gone to $2.00 since then (but what do they know anyway?).
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Exro Technologies is now ranked among the top 10 undervalued stocks in the Industrial Products industry on the Toronto Stock Exchange or TSX Venture Exchange.
- A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company
- Valuation methodology provided by Stockcalc (see below)
Industrial Products: Companies that manufacture and market office and business machines, such as copiers, fax machines, postage meters, point-ofsale terminals, and ATMs.
Stocks in this category are held primarily for capital appreciation.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
| EGT | Eguana Technologies | 0.02 | 0.07 | 0.05 (249.2%) | 678682 | 8.4 | 0.0 | 0.0 |
| EWS | Environmental Waste Intl | 0.01 | 0.03 | 0.02 (222.6%) | 19945 | 2.3 | 0.0 | 0.0 |
| ENEV | Enerev5 Metals | 0.01 | 0.02 | 0.01 (136.3%) | 37205 | 2.4 | 0.0 | 0.0 |
| GRN | Greenlane Renewables | 0.14 | 0.27 | 0.14 (101.3%) | 106103 | 20.7 | 0.0 | 0.0 |
| EXRO | Exro Technologies | 1.20 | 2.25 | 1.05 (87.5%) | 169235 | 202.5 | 0.0 | 0.0 |
| SAY | Sparta Cap | 0.02 | 0.04 | 0.02 (79.8%) | 72573 | 3.6 | 0.0 | 0.0 |
| BLDP | Ballard Power Systems | 4.84 | 7.71 | 2.87 (59.2%) | 629871 | 1445.7 | 0.0 | 0.0 |
| LPEN | Loop Energy | 0.13 | 0.17 | 0.05 (38.5%) | 89504 | 4.3 | 0.0 | 0.0 |
| CTEK | Cleantek Industries | 0.14 | 0.18 | 0.04 (30.1%) | 4072 | 4.4 | 0.0 | 0.0 |
| DYA | DynaCERT | 0.17 | 0.21 | 0.05 (28.8%) | 154000 | 62.8 | 0.0 | 0.0 |
All data provided as of December 29, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Exro Technologies
Exro Technologies Inc is a Canadian-based company commercializing patented technology designed to advance existing rotating electric machines. It is engaged in the production of electronics for electric motors and generators. The company serves car/truck, bus, generator, appliance, elevator, escalator, conveyor, ship drive, fan, pump, crane, HVAC, compressor, vacuum, train, industrial motor, wind turbine, and subway markets.
Exro Technologies is listed under EXRO on the Toronto Stock Exchange.