Estimated Discount To Fair Value: 42.7%

Megaport is trading at A$7.71, significantly below its estimated fair value of A$13.47, indicating potential undervaluation based on cash flows. The company recently turned profitable with a net income of A$9.61 million for FY24 and expects earnings to grow 32.1% annually over the next three years, outpacing the Australian market's growth rate. Its strategic expansion into Italy enhances its global presence and could drive future revenue growth beyond the forecasted 13.4% per year increase.

• The analysis detailed in our Megaport growth report hints at robust future financial performance.

• Get an in-depth perspective on Megaport's balance sheet by reading our health report here.

Westgold Resources

Overview: Westgold Resources Limited is involved in the exploration, operation, development, mining, and treatment of gold and other assets mainly in Western Australia with a market cap of A$2.45 billion.

Operations: The company's revenue segments consist of A$183.25 million from Bryah and A$533.23 million from Murchison.

Estimated Discount To Fair Value: 30.6%

Westgold Resources is trading at A$2.60, below its estimated fair value of A$3.75, suggesting potential undervaluation based on cash flows. Earnings are projected to grow 26.1% annually over the next three years, surpassing the Australian market's growth rate. Recent executive changes and record gold production of 77,369 ounces in Q1 FY25 highlight operational advancements post-merger with Karora Resources, potentially bolstering future cash flow and financial performance.

• The growth report we've compiled suggests that Westgold Resources' future prospects could be on the up.

• Take a closer look at Westgold Resources' balance sheet health here in our report.

Next Steps

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ASX:CHC ASX:MP1 and ASX:WGX.

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