` ACT (Aduro Clean Technologies Inc) vs S&P TSX Composite Index (Canada) Comparison - Alpha Spread

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ACT
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S&P TSX Composite Index (Canada)

Over the past 12 months, ACT has significantly outperformed S&P TSX Composite Index (Canada), delivering a return of +92% compared to the S&P TSX Composite Index (Canada)'s +27% growth.

Stocks Performance
ACT vs S&P TSX Composite Index (Canada)

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Performance Gap
ACT vs S&P TSX Composite Index (Canada)

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ACT
S&P TSX Composite Index (Canada)
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Performance By Year
ACT vs S&P TSX Composite Index (Canada)

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Competitors Performance
Aduro Clean Technologies Inc vs Peers

S&P TSX Composite Index (Canada)
ACT
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Aduro Clean Technologies Inc
Glance View

Aduro Clean Technologies, Inc. manufactures oils and specialty chemicals using waste plastics. The company is headquartered in Sarnia, Ontario. The company went IPO on 2019-02-12. The firm transforms waste plastics and renewable oils into renewable fuels and specialty chemicals. The company uses Hydrochemolytic technology to transform post-consumer polymer waste into a resource for the economy. The company transforms crude oil and bitumen through a chemical conversion process that operates at conditions and temperatures compared with traditional upgrading technologies. The firm's chemical process helps to transform renewable oils into bio-jet fuel and drop-in diesel. The Company’s products platform includes Hydrochemolytic plastics upcycling, Hydrochemolytic bitumen upgrading and Hydrochemolytic renewables upgrading. The firm's Hydrochemolytic technology activates the properties of water in a chemistry platform. The firm owns a pre-pilot reactor system to upgrade heavy petroleum into lighter oil.

ACT Intrinsic Value
1.54 CAD
Overvaluation 90%
Intrinsic Value
Price
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