Three Undiscovered Gems In Canada To Enhance Your Portfolio
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The Canadian market has climbed 1.4% in the last 7 days and an impressive 19% over the past year, with earnings forecast to grow by 15% annually. In this thriving environment, identifying stocks with strong growth potential and solid fundamentals can significantly enhance your portfolio's performance.
Top 10 Undiscovered Gems With Strong Fundamentals In Canada
| Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
| TWC Enterprises | 6.74% | 10.99% | 25.68% | ★★★★★★ |
| Reconnaissance Energy Africa | NA | 15.28% | 7.58% | ★★★★★★ |
| Taiga Building Products | NA | 6.05% | 10.50% | ★★★★★★ |
| Amerigo Resources | 12.87% | 7.49% | 12.97% | ★★★★★☆ |
| Firan Technology Group | 17.91% | 3.75% | 23.32% | ★★★★★☆ |
| Mako Mining | 22.90% | 38.12% | 54.79% | ★★★★★☆ |
| Pizza Pizza Royalty | 15.66% | 3.64% | 3.95% | ★★★★☆☆ |
| Firm Capital Mortgage Investment | 57.73% | 9.38% | 5.91% | ★★★★☆☆ |
| Queen's Road Capital Investment | 7.20% | 22.14% | 22.20% | ★★★★☆☆ |
| Genesis Land Development | 53.32% | 25.58% | 47.05% | ★★★★☆☆ |
Let's uncover some gems from our specialized screener.
Freehold Royalties
Simply Wall St Value Rating: ★★★★☆☆
Overview: Freehold Royalties Ltd. focuses on acquiring and managing royalty interests in crude oil, natural gas, natural gas liquids, and potash properties across Western Canada and the United States, with a market cap of CA$2.12 billion.
Operations: Freehold Royalties Ltd. generates revenue primarily from its oil and gas exploration and production segment, which amounted to CA$323.04 million. The company's market cap stands at CA$2.12 billion.
Freehold Royalties, a small cap Canadian company, reported net income of CAD 39.3 million for Q2 2024, up from CAD 24.26 million the previous year. The firm’s net debt to equity ratio stands at a satisfactory 24.6%, and its interest payments are well covered by EBIT (15.3x). Trading at 57.7% below estimated fair value, Freehold also announced a monthly dividend of CAD 0.09 per share payable on October 15, 2024.
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Dive into the specifics of Freehold Royalties here with our thorough health report.
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Gain insights into Freehold Royalties' past trends and performance with our Past report.
Hammond Power Solutions
Simply Wall St Value Rating: ★★★★★★
Overview: Hammond Power Solutions Inc., along with its subsidiaries, designs, manufactures, and sells various transformers across Canada, the United States, Mexico, and India with a market cap of CA$1.60 billion.
Operations: Hammond Power Solutions generates revenue primarily from the manufacture and sale of transformers, totaling CA$754.37 million. The company's gross profit margin is a key financial metric to consider.