16:23:22 EDT Tue 23 Apr 2024
Enter Symbol
or Name
USA
CA



Aecon Group Inc
Symbol ARE
Shares Issued 59,908,806
Close 2018-11-15 C$ 19.01
Market Cap C$ 1,138,866,402
Recent Sedar Documents

Globe says Cascades, others good value-oriented names

2018-11-15 08:02 ET - In the News

See In the News (C-CAS) Cascades Inc

The Globe and Mail attempts to identify stocks listed in Toronto that appear reasonably valued in its Thursday, Nov. 15, edition. The Globe's Ian Tam writes in the Number Cruncher column that year to date, the S&P/TSX Composite Index is down about 4.3 per cent on a total-return basis, giving back the substantial gains seen from April to July. With this recent market correction, Mr. Tam's strategy looks to help investors who are on the hunt for some value-oriented names. To find companies that appear reasonably valued relative to all others, Mr. Tam ranked the largest 250 companies in Canada by market capitalization on the following factors: price to trailing earnings, price to sales, price to book, price to free cash flow (lower figures preferred in all cases); Five-year historical beta (beta measures the historical sensitivity of a stock to an index. Lower figures are preferred; Five-year deviation of earnings a share (a statistical measure showing how volatile a company's earnings have been over the past five years. Lower figures are preferred). Mr. Tam's recommended picks are Cascades, Uni-Select, Richelieu Hardware, CGI Group and Aecon Group.

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