Undervalued Medical Device & Instrument Stocks on TSE October 2024

October 12, 2024

Medical Devices & Instruments

Companies in the Medical Devices & Instruments industry develop, manufacture, and market medical and surgical equipment or instruments and supplies.

Toronto Stock Exchange

The Toronto Stock Exchange (TSE) is a stock exchange located in Toronto, Ontario, Canada. It is the 10th largest exchange in the world and the third largest in North America based on market capitalization.

Our Valuation

A stock is considered undervalued if it trades at a discount to our valuation. To determine a stock’s intrinsic value, we developed an algorithm that uses 6 valuation models to determine the value of a company.* To learn more about stockcalc’s valuation methods, click here.

Undervalued Medical Devices & Instruments stocks

Stocks in this category are held primarily for potential income and capital appreciation.

For an in-depth look at the fundamentals and valuation of each company, try the stockcalc platform free for 30 days.

SymbolNameClose Price ($)Valuation ($)Difference (%)Average Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
TMD Titan Medical 0.05 0.13 177.76 45654 5 0.00 0.0
QIPT Quipt Home Medical 3.78 7.06 86.74 28380 161 0.00 0.0
All data provided as at market close October 10, 2024.

Company Details

Titan Medical

TMD:TSX

Close Price

0.05

Our Valuation

0.13

% Difference

177.76

Market Cap ($M)

5

P/E Ratio

0.0

Titan Medical Inc is in the research and development stage and is focused on the continued design and development of robotic-assisted surgical technologies for application in minimally invasive surgery including the development of the Enos robotic single-access surgical system.

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Quipt Home Medical

QIPT:TSX

Close Price

3.78

Our Valuation

7.06

% Difference

86.74

Market Cap ($M)

161

P/E Ratio

0.0

Quipt Home Medical Corp provides in-home monitoring equipment, supplies, and services to patients. The company's services consist of Daily and Ambulatory Aides, Power Mobility, INR Self-Testing, Respiratory Equipment Rental, Home ventilation, Oxygen Therapy, and Sleep Apnea and PAP Treatment.

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Titan Medical and Quipt Home Medical are the most undervalued Medical Devices & Instruments stocks on the TSE. See the full list on the blog: https://www.stockcalc.com/Blog/undervalued-medical-device-instrument-stocks-tse-october-2024
Titan Medical $TMD and Quipt Home Medical $QIPT are the most undervalued Medical Devices & Instruments stocks on the #TSE. See the full list: https://www.stockcalc.com/Blog/undervalued-medical-device-instrument-stocks-tse-october-2024
Titan Medical and Quipt Home Medical are the most undervalued Medical Devices & Instruments stocks on the TSE. See the full list on the blog: https://www.stockcalc.com/Blog/undervalued-medical-device-instrument-stocks-tse-october-2024

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