5 Undervalued Canadian Stocks to Buy Now

In this article, we discuss the 5 undervalued Canadian stocks to buy now. If you want to read about some more undervalued Canadian stocks, go directly to 10 Undervalued Canadian Stocks to Buy Now.

5. TFI International Inc. (NYSE:TFII)

PE Ratio: 11.52

TFI International Inc. (NYSE:TFII) provides transportation and logistics services. Some of these include pickup, consolidation, delivery, as well as tank container services. The company boasts a fleet of over 13,000 tractors, more than 50,000 trailers, and around 9,000 independent contractors for the purpose. The firm was formerly known as TransForce but changed the name to TFI International in 2016. It is headquartered in the Saint-Laurent city of Quebec. It employs close to 30,000 people across the globe. 

TFI International Inc. (NYSE:TFII) is steadily building a dividend profile. Over the past two years, the company has paid a consistently growing dividend to shareholders. On June 15, it declared a quarterly dividend of $0.27 per share, in line with previous. 

In late April, TFI International Inc. (NYSE:TFII) posted earnings for the first quarter of 2022, reporting earnings per share of $1.68, beating market estimates by $0.38. The revenue over the period was $2.1 billion, up over 90% year-on-year.