3 TSX Stocks Trading At Up To 45.8% Below Intrinsic Value Estimates

As the Canadian market navigates a complex landscape of fluctuating oil prices, tax adjustments, and central bank policies holding steady, investors are keenly watching for opportunities amidst these economic shifts. In this environment, identifying stocks that are trading below their intrinsic value can be particularly compelling, as they may offer potential for growth when broader market conditions stabilize.

Top 10 Undervalued Stocks Based On Cash Flows In Canada

Name Current Price Fair Value (Est) Discount (Est) Vitalhub (TSX:VHI) CA$8.14 CA$15.56 47.7% Topicus.com (TSXV:TOI) CA$96.01 CA$168.17 42.9% Montage Gold (TSX:MAU) CA$14.55 CA$25.77 43.5% G Mining Ventures (TSX:GMIN) CA$51.05 CA$94.56 46% Ero Copper (TSX:ERO) CA$37.25 CA$66.01 43.6% Equinox Gold (TSX:EQX) CA$19.56 CA$37.37 47.7% EQB (TSX:EQB) CA$121.45 CA$214.83 43.5% Endeavour Mining (TSX:EDV) CA$82.85 CA$145.36 43% Chemtrade Logistics Income Fund (TSX:CHE.UN) CA$16.27 CA$30.05 45.8% Americas Gold and Silver (TSX:USA) CA$7.99 CA$15.25 47.6%

Click here to see the full list of 27 stocks from our Undervalued TSX Stocks Based On Cash Flows screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Bird Construction

Overview: Bird Construction Inc. offers construction services across Canada and has a market cap of CA$2.62 billion.

Operations: The company's revenue from the general contracting sector of the construction industry is CA$3.40 billion.

Estimated Discount To Fair Value: 11.5%

Bird Construction is trading at CA$47.22, below its estimated future cash flow value of CA$53.37, indicating potential undervaluation. Despite a decline in net income to CAD 47.41 million from CAD 100.1 million last year, earnings are forecast to grow significantly by 58% annually over the next three years, outpacing the Canadian market's growth rate of 10.6%. The company is actively pursuing acquisitions to enhance capabilities and improve cash flow margins.

The analysis detailed in our Bird Construction growth report hints at robust future financial performance. Take a closer look at Bird Construction's balance sheet health here in our report.TSX:BDT Discounted Cash Flow as at Apr 2026

Chemtrade Logistics Income Fund

Overview: Chemtrade Logistics Income Fund provides industrial chemicals and services across Canada, the United States, and Brazil, with a market cap of CA$1.82 billion.

Operations: The company's revenue segments include Electrochemicals, generating CA$776.94 million, and Sulphur and Water Chemicals, contributing CA$1.23 billion.

Estimated Discount To Fair Value: 45.8%

Chemtrade Logistics Income Fund, trading at CA$16.27, is valued below its estimated future cash flow value of CA$30.05, suggesting it may be undervalued. Despite a high debt level and unstable dividend track record, earnings have grown 49% annually over the past five years and are forecast to grow faster than the Canadian market at 10.8% per year. The company has initiated a share buyback program to enhance shareholder value by repurchasing up to 5.22% of its shares.

Story Continues

Upon reviewing our latest growth report, Chemtrade Logistics Income Fund's projected financial performance appears quite optimistic. Click here and access our complete balance sheet health report to understand the dynamics of Chemtrade Logistics Income Fund.TSX:CHE.UN Discounted Cash Flow as at Apr 2026

Endeavour Mining

Overview: Endeavour Mining plc, along with its subsidiaries, operates as a gold mining company in West Africa and has a market capitalization of approximately CA$20.06 billion.

Operations: The company's revenue segments include $1.14 billion from the Ity Mine, $611.70 million from the Mana Mine, $883.40 million from the Houndé Mine, $662 million from the Lafigué Mine, and $937.80 million from the Sabodala Massawa Mine.

Estimated Discount To Fair Value: 43%

Endeavour Mining, trading at CA$82.85, is significantly undervalued based on its discounted cash flow value of CA$145.36. The company has recently become profitable, with earnings forecasted to grow 28.4% annually, outpacing the Canadian market's growth rate. Despite an unstable dividend track record, Endeavour's recent feasibility study for the Assafou project highlights robust economics and potential cornerstone asset development in Côte d’Ivoire, supporting future cash flow prospects and shareholder value enhancement through a share buyback program.

In light of our recent growth report, it seems possible that Endeavour Mining's financial performance will exceed current levels. Click here to discover the nuances of Endeavour Mining with our detailed financial health report.TSX:EDV Discounted Cash Flow as at Apr 2026

Where To Now?

Gain an insight into the universe of 27 Undervalued TSX Stocks Based On Cash Flows by clicking here. Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes. Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include TSX:BDT TSX:CHE.UN and TSX:EDV.

This article was originally published by Simply Wall St.

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