Investing in undervalued progress shares is a method that may provide help to generate market-beating returns over time. On this article, I’ve recognized two low cost TSX shares you should buy with $1,000 in October 2025.

Is that this Canadian inventory undervalued?

Valued at a market cap of virtually $700 million, Zedcor (TSXV:ZDC) is a Canadian inventory that has returned a staggering 6,000% to shareholders within the final 5 years. Zedcor supplies turnkey, custom-made cell surveillance and stay monitoring options throughout Canada and america.

The cell surveillance agency supplies rental, upkeep, distant video monitoring, knowledge streaming, and associated software program or {hardware} improve providers for its MobileyeZ safety towers, surveillance, and stay monitoring of fixed-site places.

As well as, it supplies ancillary providers associated to mounted website safety digital camera installations, in addition to safety guard and personnel providers. Zedcor serves prospects in sectors similar to building, vitality, retail, and infrastructure.

Zedcor delivered file second-quarter outcomes with revenues surging 84% yr over yr to $13.5 million, exceeding the earlier excessive set simply final quarter by $2.1 million.

The safety tower supplier generated file adjusted EBITDA (earnings earlier than curiosity, tax, depreciation, and amortization) of $4.9 million, up 83% yr over yr, indicating a margin of 36%.

Zedcor produced 316 towers throughout the quarter, averaging over 24 models per week and assembly its weekly manufacturing goal of 20 to 25 models. Zedcor’s tower fleet reached 1,882 models at quarter’s finish, up 879 towers yr over yr. Administration expects to ship between 1,200 and 1,400 new towers in 2025, probably towards the upper finish of that vary.

Zedcor operates 13 branches, break up between six in Canada and 7 throughout america. The corporate plans to double its U.S. footprint via 2026 with a number of places opening earlier than the yr’s finish.

Notably, manufacturing effectivity improved in Q2 as tower manufacturing prices declined from roughly $34,000 to roughly $28,500 per unit regardless of tariff considerations.

Analysts monitoring the TSX inventory forecast income to extend from $33 million in 2024 to $257.6 million in 2027. On this interval, adjusted earnings are forecast to broaden from $0.02 per share to $0.52 per share.

If Zedcor inventory is priced at 30 instances ahead earnings, which is cheap, it ought to achieve roughly 250% from present ranges over the following 4 years.

Is that this TSX gold inventory undervalued?

Valued at a market cap of $9 billion, China Gold Worldwide Assets (TSX:CGG) is a gold and base steel mining firm. It acquires, explores, develops, and mines mineral assets in China and Canada. With gold costs rallying to recent file highs in 2025, CGG inventory has returned 250% up to now yr.

In Q2, China Gold reported income of $307.3 million, up from $148 million within the year-ago interval. Its internet revenue rose to a file $116.3 million, swinging from a $4.8 million loss in the identical quarter final yr.

Mine working earnings surged to $159.4 million, up $130 million from $29.4 million within the year-ago interval. Money circulation from operations jumped to $191.3 million, up from $80.9 million beforehand.

Manufacturing volumes expanded considerably with gold output climbing 38% to 43,403 ounces from 31,373 ounces, whereas copper manufacturing greater than doubled to 39.7 million kilos from 18.6 million kilos.

Analysts monitoring the TSX inventory forecast income to extend from $1.09 billion in 2024 to $1.80 billion in 2027. On this interval, adjusted earnings are forecast to broaden from $0.23 per share to $1.80 per share.

If the TSX mining inventory is priced at 20 instances earnings, it ought to achieve over 50% over the following 18 months.