Aimia (AIM:TSE) and GMP Capital (GMP:TSE) Trading at Less than Cash Value

Stockcalc – Free Trial

Have a free look inside the StockCalc website at www.stockcalc.com



I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/TopPicks.aspx.

Trading at Less than Cash Value

Today we are looking at companies trading at less than cash value meaning companies whose current share price is less than the cash per share on the balance sheet. We also show the value of cash net debt per share to show how much cash per share would be left if the debt was paid off.

What this Means…

Companies can have more cash per share than the actual share price for a number of reasons including they just raised capital, are in industries that experience high burn rates and will eat through the cash quickly or if there is a lot of uncertainty about the future of the company. Companies earning a positive net income will have a P/E greater than 0 and are worth exploring in more detail.

Today’s Data on TSE

Today’s data is for companies listed on the Toronto Stock Exchange.

Symbol Name Close Price Shares Outstanding P/E P/B Cash per Share Net Cash per Share
TRZ Transat A.T. Inc 8.290000 37384003 1.9190 0.5495 16.37 13.78
AIM Aimia Inc 1.910000 152307196 None None 3.22 0.27
GMP GMP Capital Inc 3.080000 75451000 None 1.2828 8.51 7.78
CXR Concordia International Corp 0.710000 51283574 None None 6.38 -65.55
CQE Cequence Energy Ltd 0.040000 245528000 None 0.0643 0.04 -0.20
BIOA.DL BioAmber Inc 0.075000 84414923 None 0.0453 0.12 -0.32
LGQ Logiq Asset Management Ltd. 0.015000 327101000 None 0.5986 0.08 0.02
NPS Northern Power Systems Corp 0.175000 23793884 None None 0.24 0.16
TLB TearLab Corp 0.360000 10216998 None None 0.71 -2.06
LRT.UN Lanesborough Real Estate Investment Trust 0.020000 20557320 None None 0.06 -11.90
MNT Royal Canadian Mint 18.070000 4000 None None 23651.75 11260.75
MNS Royal Canadian Mint 12.840000 4000 None None 23651.75 11260.75

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

AIM:TSE Aimia

http://www.aimia.com
Aimia has 2900 employees and is headquartered in Canada.
Aimia Inc is a loyalty management company and operates in three regional segments including Canada, the United States and Asia-Pacific and ( U.S. & APAC) Europe, Middle-East and Africa (EMEA).

GMP:TSE GMP Capital

http://www.gmpcapital.com
GMP Capital has 300 employees and is headquartered in Canada.
GMP Capital Inc is an investment dealer located in Canada. It provides diversified financial services such as investment banking, institutional sales, trading and research services to corporate clients and institutional investors.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.