Earnings per share (EPS) and Return on Equity (ROE) are considered the most important variables in determining a stock’s price. While EPS serves as an indicator of a company’s profitability, ROE measures profitability by revealing how much profit a company generates with the money shareholders have invested.
Ubika Research has shortlisted nine Canadian stocks that have recorded high EPS growth (50% to 794%) during 2013 and are estimated to report high EPS growth (24% to 106%) in 2014 as per consensus estimates provided by Bloomberg. We note that these stocks provide high return on equity of between 11% and 24%. Additionally, during the past 1-month, some of these stocks have registered positive price gains with 1-month average trading volume above 100,000 shares.
|
Company Name |
Exchange |
Ticker |
Sector |
Market Cap (C$MM) |
Last Price |
Average Volume (3-Month) |
Price Change (3-Month) |
EPS Growth (2013) |
EPS Growth (2014E) |
Return On Equity |
|
AutoCanada Inc |
TSX |
ACQ |
Consumer, Cyclical |
1,862 |
84.92 |
138,807 |
87.6% |
49.7% |
41.1% |
24.0% |
|
Enterprise Group Inc |
TSX |
E |
Energy |
126 |
0.87 |
928,094 |
-20.2% |
100.0% |
50.0% |
22.4% |
|
Avigilon Corp |
TSX |
AVO |
Industrial |
1,056 |
22.75 |
463,190 |
-25.0% |
145.5% |
46.1% |
21.4% |
|
Linamar Corp |
TSX |
LNR |
Consumer, Cyclical |
4,222 |
65.16 |
148,888 |
31.3% |
57.1% |
27.8% |
20.2% |
|
Raging River Exploration |
TSX |
RRX |
Energy |
1,863 |
10.39 |
952,269 |
35.8% |
170.0% |
101.5% |
18.4% |
|
Canfor Corp |
TSX |
CFP |
Basic Materials |
3,358 |
24.06 |
388,262 |
-16.0% |
794.4% |
24.1% |
16.4% |
|
Bellatrix Exploration Ltd |
TSX |
BXE |
Energy |
1,604 |
9.27 |
2,001,087 |
7.4% |
142.3% |
80.3% |
14.0% |
|
Bankers Petroleum Ltd |
TSX |
BNK |
Energy |
1,844 |
7.15 |
1,756,220 |
37.2% |
78.7% |
79.2% |
13.2% |
|
Birchcliff Energy Ltd |
TSX |
BIR |
Energy |
2,067 |
14.25 |
487,982 |
44.4% |
437.5% |
106.2% |
10.9% |
Source: Bloomberg
Company Description
AutoCanada Inc (TSX: ACQ)
AutoCanada, Inc. retails automobiles in Canada. The company owns and operates franchised automobile dealerships retailing American, European and Asian automobiles.
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.
Avigilon Corp (TSX: AVO)
Avigilon Corporation manufactures surveillance equipment. The company produces high definition, network-based video surveillance systems and equipment for video capture, transmission, recording, and playback.
Linamar Corp (TSX: LNR)
Linamar Corporation manufactures precision machine components, assemblies, and castings primarily for the automotive industry. The company also sells to the defense and aerospace industries. Linamar manufactures engines, transmissions, drivelines, steering, suspension components, and brake components.
Raging River Exploration Inc (TSX: RRX)
Raging River Exploration Inc. is an oil and gas exploration company. The Company is focused on unconventional viking light oil play of the Dodsland area in western Saskatchewan.
Canfor Corp (TSX: CFP)
Canfor Corporation is an integrated forest products company that produces and supplies SPF lumber, oriented strand board, plywood, kraft pulp and kraft paper. The company also produces remanufactured lumber products, hardboard paneling and special baled fibre products. In addition, Canfor produces kraft pulp and newsprint through a joint venture partnership with Howe Sound Pulp and Paper.
Bellatrix Exploration Ltd (TSX: BXE)
Bellatrix Exploration Ltd. explores for oil and natural gas.
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.
Birchcliff Energy Ltd (TSX: BIR)
Birchcliff Energy Ltd. evaluates acquisition opportunities for light oil and natural gas with a view to purchasing assets. The company is seeking to explore and develop oil and gas in Western Canada.
