Estimated Discount To Fair Value: 47.3%

goeasy (CA$188.97) is trading significantly below its estimated fair value of CA$358.91, suggesting potential undervaluation based on cash flows. Despite a high level of debt not well-covered by operating cash flow and recent insider selling, the company forecasts robust revenue growth at 31.6% annually, surpassing market averages. Recent board changes with Radhika Kakkar's appointment may enhance strategic direction, while earnings are projected to grow steadily at 17.1% per year.

• The analysis detailed in our goeasy growth report hints at robust future financial performance.

• Navigate through the intricacies of goeasy with our comprehensive financial health report here.

NuVista Energy

Overview: NuVista Energy Ltd. operates in the exploration, development, and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin with a market cap of CA$2.16 billion.

Operations: The company generates revenue of CA$1.23 billion from its oil and gas exploration and production activities in the Western Canadian Sedimentary Basin.

Estimated Discount To Fair Value: 33.9%

NuVista Energy (CA$10.53) trades well below its fair value estimate of CA$15.93, highlighting potential undervaluation based on cash flows. Earnings are expected to grow significantly at 45.1% annually, outpacing the Canadian market's growth rate of 15.7%. The company recently reported increased revenue and net income for Q2 2024, alongside a share buyback program completion worth CA$10.65 million, reinforcing its financial strength despite upcoming leadership changes with Mike Lawford as CEO in 2025.

• The growth report we've compiled suggests that NuVista Energy's future prospects could be on the up.

• Dive into the specifics of NuVista Energy here with our thorough financial health report.

Summing It All Up

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include TSX:CMG TSX:GSY and TSX:NVA.

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