Undervalued Large-Cap Growth Stocks on TSX July 2024

July 02, 2024

Growth Stocks

A company is considered a growth stock when it has grown its revenue significantly in the latest quarterly report.

TSX Venture Exchange

The TSX Venture Exchange is a stock exchange headquartered in Calgary, Alberta, Canada. It is an exchange for the securities of early-stage businesses.

Large-Cap

Large-Cap stocks have a market capitalization of $10 billion or more.

Our Valuation

A stock is considered undervalued if it trades at a discount to our valuation. To determine a stock’s intrinsic value, we developed an algorithm that uses 6 valuation models to determine the value of a company.* To learn more about stockcalc’s valuation methods, click here.

Undervalued Growth Stocks

Stocks in this category are held primarily for capital appreciation and while they present upside opportunity, they also present downside risk.

For an in-depth look at the fundamentals and valuation of each company, try the stockcalc platform free for 30 days.

SymbolNameClose Price ($)Valuation ($)Difference (%)Average Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
TOI Topicus 117.00 98.37 -15.92 32611 15191 0.00 85.9
LMN Lumine Gr 36.93 30.89 -16.36 47513 9356 0.00 0.0
All data provided as at market close June 27, 2024.

Company Details

Topicus

TOI:TSX-V

Close Price

117.00

Our Valuation

98.37

% Difference

-15.92

Market Cap ($M)

15191

P/E Ratio

85.9

Topicus com Inc is a provider of vertical market software and vertical market platforms to clients in the public and private sector. It is engaged in development, installation and customization of software and the provision of related professional services and support for customers across different markets predominantly in Europe. Substantial revenue is derived from maintenance and professional services offered by the firm.

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Lumine Gr

LMN:TSX-V

Close Price

36.93

Our Valuation

30.89

% Difference

-16.36

Market Cap ($M)

9356

P/E Ratio

0.0

Lumine Group Inc acquires, strengthens, and grows vertical market software businesses in the Communications and Media industry. The company's software solutions are designed to enable customers to boost productivity and operate more cost effectively, innovate more rapidly to address rapidly changing market needs and opportunities, grow top-line sales, improve customer service, and reduce customer churn.

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Topicus and Lumine Gr are the most undervalued Large-Cap growth stocks on the TSX. See the full list of undervalued growth stocks here: https://www.stockcalc.com/Blog/undervalued-large-cap-growth-stocks-tsx-july-2024
Topicus $TOI and Lumine Gr $LMN are the most undervalued Large-Cap growth stocks on the #TSX. See the full list: https://www.stockcalc.com/Blog/undervalued-large-cap-growth-stocks-tsx-july-2024
Topicus and Lumine Gr are the most undervalued Large-Cap growth stocks on the TSX. See the full list of undervalued growth stocks here: https://www.stockcalc.com/Blog/undervalued-large-cap-growth-stocks-tsx-july-2024

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