Undiscovered Gems in the UK to Explore This October 2024

In This Article:

Over the last 7 days, the United Kingdom market has risen by 1.6% and is up 11% over the past year, with earnings forecasted to grow by 14% annually. In this promising environment, identifying stocks that are not only aligned with these growth trends but also possess unique attributes can uncover potential opportunities for investors seeking to expand their portfolios.

Top 10 Undiscovered Gems With Strong Fundamentals In The United Kingdom

Name

Debt To Equity

Revenue Growth

Earnings Growth

Health Rating

Andrews Sykes Group

NA

2.15%

4.93%

★★★★★★

M&G Credit Income Investment Trust

NA

17.28%

15.80%

★★★★★★

Metals Exploration

NA

12.92%

73.62%

★★★★★★

London Security

0.22%

10.13%

7.75%

★★★★★★

Globaltrans Investment

15.40%

2.68%

16.51%

★★★★★★

Impellam Group

31.12%

-5.43%

-6.86%

★★★★★★

Kodal Minerals

NA

nan

72.74%

★★★★★★

VH Global Sustainable Energy Opportunities

NA

18.30%

20.03%

★★★★★★

BBGI Global Infrastructure

0.02%

3.08%

6.85%

★★★★★☆

Goodwin

52.21%

9.26%

13.12%

★★★★★☆

Click here to see the full list of 81 stocks from our UK Undiscovered Gems With Strong Fundamentals screener.

Here's a peek at a few of the choices from the screener.

Renew Holdings

Simply Wall St Value Rating: ★★★★★☆

Overview: Renew Holdings plc operates as a contractor specializing in engineering services and specialist building in the United Kingdom, with a market capitalization of approximately £911.67 million.

Operations: Renew Holdings generates revenue primarily from its Engineering Services segment, contributing £910.83 million, while the Specialist Building segment adds £84.80 million.

Renew Holdings, a nimble player in the UK market, stands out with its debt-free status and high-quality earnings. Over the past five years, it has achieved an impressive 18.1% annual growth in earnings, although last year's 13.2% growth lagged behind the construction industry's 18.7%. The company's shares trade at a value perceived to be 15.3% below their fair estimate, suggesting potential for upside. Forecasts indicate a steady growth rate of 3.59% annually moving forward, while recent administrative updates include relocating their registered office to Leeds as of October 2024.

AIM:RNWH Earnings and Revenue Growth as at Oct 2024
AIM:RNWH Earnings and Revenue Growth as at Oct 2024

Warpaint London

Simply Wall St Value Rating: ★★★★★★

Overview: Warpaint London PLC, along with its subsidiaries, is engaged in the production and sale of cosmetics, with a market cap of £436.14 million.

Operations: Warpaint London generates revenue primarily from its Own Brand segment, which accounts for £96.72 million, while the Close-Out segment contributes £2.12 million.