Value in a stock can be determined by many factors. Most universally and practically, value is sought from examining a company’s past financial performance, and linking it to its current trading values – also known as trading multiples. Popular multiples include Enterprise Value to Sales (EV/Revenue), Enterprise Value to EBITDA (EV/EBITDA), Price to Free Cash Flow per Share (P/FCF), and Price to Earnings (P/E). The companies on our list today are considered value plays and yet its cash flows have been increasing.
Capstone Mining Corp. (TSX: CS) – $1.12
Diversified Mining
Capstone Mining Corp. is a Canadian mining company engaged in the exploration and production of base and precious metals in United States, Mexico, Canada, Chile and Australia. The Company operates through five segments, which include Pinto Valley (United States), Cozamin (Mexico), and Minto (Canada), Santo Domingo development project (Chile) and Other. Minto Explorations Ltd., a wholly-owned Canadian subsidiary, owns and operates the copper Minto Mine located in Yukon, Canada.
- Market Cap: $452,208,565
- EV/EBITDA: 4.1x
- P/OFCF: 3.6x
- Operating Cash Flow (LFY): $223,324,681
Sunwah International Ltd. (TSX: SWH) – $0.60
Investment Banking & Brokerage Services
Sunwah International Limited is an investment holding company investing in securities, stocks, options, futures, and commodities and provides financial advisory services, asset management, money lending and other securities-related financial services. The company operates through six segments: Investment in securities, investing in securities for treasury and liquidity management; Structured investment, investing in structured deals including listed and unlisted equities, debt securities and investment properties; Brokerage, providing securities, option, futures and commodities brokerage services, margin and other financings and other related services; Corporate finance & capital markets, providing financial advisory services to corporate clients and acting as underwriting and placing agent in the equity capital market; Asset management, providing asset management and related advisory services to private equity funds and private clients, and Corporate and other activities.
- Market Cap: $56,057,079
- EV/EBITDA: 4.5x
- P/OFCF: 3.3x
- Operating Cash Flow (LFY): $13,899,101
Orca Exploration Group Inc. (TSX: ORC.B) – $3.25
Oil & Gas Exploration and Production
Orca Exploration Group Inc., a Tanzania-based company, is engaged in hydrocarbon exploration, development and supply of natural gas in Tanzania and oil and gas exploration in Italy. The Company operates the 879 Bcf Songo natural gas field under a Production Sharing Agreement (PSA) with the Tanzania Petroleum Development Corporation (TDPC).
- Market Cap: $114,655,048
- EV/EBITDA: 2.2x
- P/OFCF: 3.1x
- Operating Cash Flow (LFY): $34,571,683
Orvana Minerals Corp. (TSX: ORV) – $0.26
Gold
Orvana Minerals Corp. is a Canada-based, multi-mine gold-copper producer with operations that include the El Valle-Boinas/Carles gold-copper mines and the copper-gold-silver Don Mario Mine. The El Valle-Boinas Mine and Carles Mine are two underground gold-copper-silver mines located in the northern part of Spain and Upper Mineralized Zone at the Don Mario Mine is an open-pit gold-copper-silver mine located in the south-eastern part of Bolivia.
- Market Cap: $36,317,300
- EV/EBITDA: 0.3x
- P/OFCF: 1.4x
- Operating Cash Flow (LFY): $38,884,828
Thompson Creek Metals Company Inc. (TSX: TCM) – $0.81
Diversified Mining
Thompson Creek Metals Company Inc. (TCM) is a mining company engaged in the full mining cycle, which includes the acquisition, exploration, development, and operation of mineral properties. The Company operates in three segments: Copper-Gold, US operations Molybdenum, and Canadian Operations Molybdenum. Thompson Creek’s principal products are copper, gold, and molybdenum.
- Market Cap: $176,513,300
- EV/EBITDA: 3.6x
- P/OFCF: 1.3x
- Operating Cash Flow (LFY): $214,700,640
