PE: 11.1x

Primaris Real Estate Investment Trust, a small cap in Canada, has shown promising financial performance recently. For Q2 2024, it reported CAD 120.01 million in sales and CAD 42.25 million in net income, up from CAD 95.97 million and CAD 32.6 million respectively a year ago. The company declared consistent monthly dividends of $0.07 per unit for May to July 2024, totaling $0.84 annually per unit. Insider confidence is evident with recent share purchases by key executives throughout the past few months, suggesting potential growth ahead despite its higher-risk funding structure reliant on external borrowing rather than customer deposits.

• Navigate through the intricacies of Primaris Real Estate Investment Trust with our comprehensive valuation report here.

• Examine Primaris Real Estate Investment Trust's past performance report to understand how it has performed in the past.

Trican Well Service

Simply Wall St Value Rating: ★★★★☆☆

Overview: Trican Well Service provides oil well equipment and services, with a market cap of approximately CA$1.02 billion.

Operations: The company generates revenue primarily from Oil Well Equipment & Services, amounting to CA$991.15 million. The net income margin has shown improvement, reaching 0.12363% as of the latest period, while the gross profit margin stands at 28.05%.

PE: 8.2x

Trican Well Service, a Canadian energy services company, has shown promising signs of being undervalued. For Q2 2024, they reported CAD 211.81 million in sales and CAD 16.23 million in net income, both up from the previous year. Insider confidence is evident with recent share purchases by company insiders throughout 2024. Additionally, Trican's partnership with Source Energy Services to build a new terminal in British Columbia could enhance future growth prospects despite forecasted earnings declines over the next three years.

• Click here to discover the nuances of Trican Well Service with our detailed analytical valuation report.

• Gain insights into Trican Well Service's historical performance by reviewing our past performance report.

Summing It All Up

• Dive into all 28 of the Undervalued TSX Small Caps With Insider Buying we have identified here.

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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:GCG.A TSX:PMZ.UN and TSX:TCW.

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