07:57:35 EDT Tue 19 Mar 2024
Enter Symbol
or Name
USA
CA



Spin Master Corp
Symbol TOY
Shares Issued 28,126,094
Close 2018-04-23 C$ 46.70
Market Cap C$ 1,313,488,590
Recent Sedar Documents

Globe says Air Canada, others have high economic value

2018-04-24 07:46 ET - In the News

See In the News (C-AC) Air Canada

The Globe and Mail attempts to identify undervalued Canadian companies with high economic value in its Tuesday, April 24, edition. The Globe's guest columnist Tiffana Paulrajah writes in the Number Cruncher column that she looked for companies creating the highest economic profit for their shareholders that are trading below their intrinsic value. She screened the S&P/TSX Composite Index for stocks with a minimum market cap of $750-million. She considered the economic performance index, or EPI (return on capital divided by cost of capital). An EPI ratio of one or more indicates a company's capacity to create wealth for its shareholders. Ms. Paulrajah looked for a price-to-intrinsic-value ratio of less than one to ensure that the stock is trading at a discount relative to its intrinsic value. A stock's intrinsic value, or "true value," is the price the stock should, at least in theory, eventually achieve when properly valued, explains Ms. Paulrajah. She tried to determine whether a stock is trading at a discount or premium to its growth. Her wealth creating stock picks are Air Canada, Brookfield Property Partners, Quebecor, Linamar and Spin Master.

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