Today we have
shortlisted 14 Canadian stocks across sectors that appear to be undervalued and
are expected to report strong growth in sales and EPS during 2014 and 2015,
according to Bloomberg. These stocks are currently trading at relatively low forward Price-to-Earning (P/E) and Price to Book (P/B) multiples in comparison to the industry average. Moreover, these stocks provide high return on equity. We note that a majority of these stocks have recorded significant gains in the past one month with daily average traded volume in excess of 100,000.
|
Company Name |
Exchange |
Ticker |
Market Cap |
Last Price |
Average Volume |
Price Change |
Sales Growth |
Sales Growth |
EPS Growth (2014E) |
EPS Growth (2015E) |
1-Yr Forward PE Ratio |
P/B Ratio |
ROE |
|
TransForce Inc |
TSX |
TFI |
2,799 |
28.39 |
378,331 |
2.5% |
18.3% |
20.0% |
42.1% |
32.8% |
15.9 |
3.1 |
7.2% |
|
Enerflex Ltd |
TSX |
EFX |
1,643 |
20.92 |
178,891 |
14.4% |
22.3% |
12.7% |
51.8% |
37.2% |
18.6 |
1.7 |
4.2% |
|
Ensign Energy Services Inc |
TSX |
ESI |
2,461 |
16.05 |
201,206 |
-8.3% |
12.6% |
11.1% |
17.4% |
31.3% |
16.3 |
1.2 |
6.9% |
|
Precision Drilling Corp |
TSX |
PD |
3,913 |
13.37 |
1,838,726 |
0.5% |
19.4% |
15.5% |
24.4% |
46.9% |
16.3 |
1.6 |
8.1% |
|
DeeThree Exploration |
TSX |
DTX |
956 |
10.76 |
661,661 |
-1.9% |
113.6% |
29.8% |
237.4% |
36.9% |
13.9 |
2.3 |
11.6% |
|
RMP Energy Inc |
TSX |
RMP |
1,043 |
8.54 |
1,261,534 |
8.0% |
128.5% |
31.1% |
397.8% |
36.2% |
19.1 |
3.0 |
10.8% |
|
Bellatrix Exploration Ltd |
TSX |
BXE |
1,548 |
8.09 |
2,280,474 |
2.9% |
124.0% |
29.5% |
71.3% |
28.1% |
12.1 |
1.4 |
14.9% |
|
CanElson Drilling Inc |
TSX |
CDI |
671 |
7.25 |
420,364 |
-4.6% |
39.2% |
16.7% |
30.2% |
26.8% |
12.9 |
1.6 |
11.4% |
|
Bankers Petroleum Ltd |
TSX |
BNK |
1,709 |
6.55 |
2,116,216 |
5.6% |
14.9% |
11.4% |
92.5% |
14.7% |
13.0 |
2.5 |
15.0% |
|
Long Run Exploration |
TSX |
LRE |
1,000 |
5.17 |
2,169,682 |
-4.6% |
34.5% |
26.8% |
98.5% |
31.2% |
13.0 |
1.0 |
4.7% |
|
Sandvine Corp |
TSX |
SVC |
489 |
3.25 |
497,132 |
-8.7% |
21.1% |
16.9% |
75.0% |
34.3% |
17.0 |
2.7 |
15.8% |
|
TAG Oil Ltd |
TSX |
TAO |
148 |
2.32 |
171,618 |
-7.9% |
18.9% |
42.9% |
390.9% |
26.6% |
7.3 |
0.6 |
3.8% |
|
CWC Energy Services |
TSXV |
CWC |
254 |
0.94 |
124,607 |
-1.1% |
40.3% |
29.9% |
123.3% |
34.3% |
14.0 |
1.6 |
3.4% |
|
Enterprise Group Inc |
TSX |
E |
122 |
0.84 |
738,813 |
-7.7% |
136.6% |
22.0% |
35.0% |
25.0% |
7.8 |
1.6 |
14.9% |
Source: Bloomberg
Company Description:
TransForce Inc (TSX: TFI)
TransForce, Inc. offers transportation and logistics services. The company offers less-than-truckload and parcel delivery, fleet management and personnel services, and specialized truckload and truckload delivery services.
Enerflex Ltd (TSX: EFX)
Enerflex Ltd. provides oilfield services for natural gas and petroleum producers. The company markets its services for natural gas compression, oil and gas processing, refrigeration systems, and power generation equipment to customers worldwide.
Ensign Energy Services Inc (TSX: ESI)
Ensign Energy Services, provides oilfield services in Canada, the United States and internationally. The company offers land-based drilling and well servicing contractors serving crude oil, natural gas and geothermal operators. Additional services include directional drilling, rental equipment, managed pressure drilling, and production flow back units.
Precision Drilling Corp (TSX: PD)
Precision Drilling Corporation is an integrated oilfield drilling and energy service company providing services to the oil and gas industry. The company provides oilfield rentals, well services, catering services, and drilling services through its several business units.
DeeThree Exploration Ltd (TSX: DTX)
DeeThree Exploration Ltd. explores for and produces oil and natural gas. The company provides gas transportation through its usage of natural gas production. DeeThree Exploration mines in Canada.
RMP Energy Inc (TSX: RMP)
RMP Energy Inc. is an oil and gas exploration and production company. The company explores for and produces oil and natural gas in West Central Alberta and southeastern Saskatchewan.
Bellatrix Exploration Ltd (TSX: BXE)
Bellatrix Exploration Ltd. explores for oil and natural gas.
CanElson Drilling Inc (TSX: CDI)
CanElson Drilling, Inc. manufactures, acquires and operates drilling rigs for the oil and natural gas industry. The company operates in the western Canadian Sedimentary Basin, the Permian Basin of west Texas, and the Ebano-PanucoCacalilao fields of Mexico.
Bankers Petroleum Ltd (TSX: BNK)
Bankers Petroleum Ltd. is an oil and gas exploration and production company. The company has a working interest in the Patos-Marinza oil field in Albania.
Long Run Exploration Ltd (TSX: LRE)
Long Run Exploration Ltd. is an intermediate oil and natural gas company focused on the Western Canadian Basin.
Sandvine Corp (TSX: SVC)
Sandvine Corporation develops and markets broadband network management tools for broadband Internet services providers.
TAG Oil Ltd (TSX: TAO)
TAG Oil Ltd. is an oil and gas exploration and production company. The company’s production and exploration operations are centered on New Zealand’s North Island, including oil and gas production and exploration activities in the Taranaki Basin and exploration in the East Coast Basin.
CWC Energy Services Corp (TSXV: CWC)
CWC Energy Services Corp. is contract drilling and well servicing company. The company offers a suite of oilfield services including drilling rigs, service rigs, coil tubing, well testing and snubbing. CWC operates in the Western Canadian Sedimentary Basin.
Enterprise Group Inc (TSX: E)
Enterprise Group, Inc. is a pipeline construction and oilfield maintenance company. The company seeks business in Central and Northern Alberta’s oilfields.
