FLYHT Aerospace Solutions Ltd V.FLY

Undervalued Aerospace & Defense Industry Stocks

[CF105]

"FLYHT Aerospace Solutions: Top 10 Undervalued Aerospace & Defense Industry Stocks (FLY)

The Globe and Mail - Thu Oct 20, 10:01AM CDT

 

FLYHT Aerospace Solutions is now ranked among the top 10 undervalued stocks in the Aerospace & Defense 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).

 

Aerospace & Defense: Companies that manufacture aerospace and defense products, including aircraft and aircraft parts, tanks, guided missiles, space vehicles, ships and marine equipment, and other aerospace and defense components and systems, as well as companies supporting these products through repair and maintenance services. Stocks in this category are held primarily for capital appreciation."

According to the "article"...

Symbol	Name	Close Price ($)	Valuation ($)	Difference	Average Vol (30D)	Market Cap ($M)	Yield (%)	P/E Ratio
FLY-X	FLYHT	0.68	0.72	(5.84%)	9,683	26.1	0	0

https://www.theglobeandmail.com/investing/markets/stocks/FLY-X/pressreleases/10906223/flyht-aerospace-solutions-top-10-undervalued-aerospace-defense-industry-stocks-fly/


"StockCalc is a Canadian fintech company specializing in fundamental valuations for North American stocks and ETFs. StockCalc valuations (https://www.stockcalc.com/Resources) can help determine if a stock is undervalued. StockCalc's Weighted Average Valuation (WAV) is based on a proprietary calculation using model and analyst inputs, including: Discounted Cash Flow (DCF), Price & Other Comparables, Multiples, Adjusted Book Value (ABV) and Analyst Consensus."

[CF105]

We've moved above the valuation of $0.72 the Globe offered on October 20, but what would their assessment be now that an STC for the Edge is firmly in hand? Closed today at $0.75 a few moments ago, perhaps we will see more upward movement as we get closer to the forecast release of the Q3 results. CEO BT: "I'm really excited about what we get to say on November 10th

[PeterPiper]

I believe you are correct, that Nov 10 is the target for the CC, so the report will come out after the close on November 9. They usually announce when results will come out at least 10 days beforehand, so we should get confirmation by next Tuesday. It will be interesting to see if the pps rises after that, given the expectations many (but not all) of us have. Piper