Three Companies That May Be Trading Below Their Estimated Value In November 2024
In This Article:
In November 2024, global markets are reacting strongly to recent political and economic developments, with U.S. stocks reaching record highs amid expectations of accelerated growth and lower corporate taxes following a Republican electoral victory. This market optimism presents a unique opportunity for investors to consider stocks that may be trading below their estimated value; identifying such opportunities requires careful analysis of fundamentals and potential growth prospects in the context of current economic conditions.
Top 10 Undervalued Stocks Based On Cash Flows
| Name | Current Price | Fair Value (Est) | Discount (Est) |
| goeasy (TSX:GSY) | CA$178.25 | CA$354.07 | 49.7% |
| KMC (Kuei Meng) International (TWSE:5306) | NT$125.00 | NT$248.24 | 49.6% |
| Aidma Holdings (TSE:7373) | ￥1698.00 | ￥3388.64 | 49.9% |
| Adventure (TSE:6030) | ￥3590.00 | ￥7109.49 | 49.5% |
| North Electro-OpticLtd (SHSE:600184) | CN￥11.35 | CN￥22.56 | 49.7% |
| Laboratorio Reig Jofre (BME:RJF) | €2.87 | €5.74 | 50% |
| Medios (XTRA:ILM1) | €14.76 | €29.48 | 49.9% |
| BuySell TechnologiesLtd (TSE:7685) | ￥3925.00 | ￥7814.84 | 49.8% |
| Delixi New Energy Technology (SHSE:603032) | CN￥17.95 | CN￥35.78 | 49.8% |
| Cellnex Telecom (BME:CLNX) | €32.47 | €64.68 | 49.8% |
We're going to check out a few of the best picks from our screener tool.
Quálitas Controladora. de
Overview: Quálitas Controladora, S.A.B. de C.V. operates as an auto insurance company across Mexico, El Salvador, Costa Rica, Peru, and the United States with a market cap of MX$52.56 billion.
Operations: The company's revenue primarily stems from its operations in the auto insurance sector across Mexico, El Salvador, Costa Rica, Peru, and the United States.
Estimated Discount To Fair Value: 38%
Quálitas Controladora is trading at MX$137.92, significantly below its estimated fair value of MX$222.43, indicating potential undervaluation based on cash flows. Recent earnings growth of 49.1% and a forecasted annual profit increase of 13.1% suggest robust financial health, though its dividend yield of 5.8% isn't well covered by free cash flows. Analysts anticipate a stock price rise by 24.5%, reflecting confidence in future performance despite moderate revenue growth expectations.
Coca-Cola I?ecek Anonim Sirketi
Overview: Coca-Cola I?ecek Anonim Sirketi, along with its subsidiaries, produces, sells, and distributes sparkling and still beverages across Turkey, Pakistan, Central Asia, and the Middle East with a market cap of TRY129.83 billion.