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Are there any bargains among these 10 leading Canadian software stocks?


The Globe and Mail
Brian Donovan
Published February 8, 2021
Valuations for 10 Canadian-listed application software companies.
The screen
Application (as opposed to system) software is a broad category that includes software for the masses as well as specific applications that meet specialized needs of industrial or professional clients. Software firms in this category tend to channel cash flow back into growth instead of dividends.
Is there still value to be found among Canada’s leading players after last year’s runup in prices? We used StockCalc’s screener to select the 10 largest application software companies on the Toronto Stock Exchange and TSX Venture Exchange. We then used StockCalc’s valuation tools to calculate the fundamental (or intrinsic) valuation for each stock to see whether it is undervalued or overvalued compared with its price. ....

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