Discovering Undiscovered Gems in Australia This September 2024
In This Article:
The Australian market has seen a positive trend, rising 1.4% over the last week and 15% over the past year, with earnings expected to grow by 12% annually. In this favorable environment, identifying promising stocks involves looking for companies with strong fundamentals and growth potential that have yet to be widely recognized.
Top 10 Undiscovered Gems With Strong Fundamentals In Australia
| Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
| Fiducian Group | NA | 9.94% | 6.48% | ★★★★★★ |
| Sugar Terminals | NA | 3.14% | 3.53% | ★★★★★★ |
| Bisalloy Steel Group | 0.95% | 10.27% | 24.14% | ★★★★★★ |
| Lycopodium | NA | 17.22% | 33.85% | ★★★★★★ |
| SKS Technologies Group | NA | 34.65% | 47.39% | ★★★★★★ |
| BSP Financial Group | 7.53% | 7.31% | 4.10% | ★★★★★☆ |
| Steamships Trading | 33.60% | 4.17% | 3.90% | ★★★★★☆ |
| AMCIL | NA | 5.16% | 5.31% | ★★★★★☆ |
| Hearts and Minds Investments | 1.00% | 18.81% | 20.95% | ★★★★☆☆ |
| A2B Australia | 15.83% | -7.78% | 25.44% | ★★★★☆☆ |
We'll examine a selection from our screener results.
DroneShield
Simply Wall St Value Rating: ★★★★★★
Overview: DroneShield Limited develops, commercializes, and sells hardware and software technology for drone detection and security in Australia and the United States, with a market cap of A$1.10 billion.
Operations: DroneShield generates revenue primarily from its Aerospace & Defense segment, amounting to A$67.52 million. The company has a market cap of A$1.10 billion.
DroneShield, a small cap in the Aerospace & Defense sector, has seen earnings surge by 612.7% over the past year, outpacing industry growth of 14.4%. Despite its high volatility in recent months, it trades at 52.9% below estimated fair value. The company recently reported half-year sales of A$23.99 million and a net loss of A$4.8 million compared to A$2.94 million last year. DroneShield was added to the S&P/ASX Small Ordinaries and ASX 300 indices on September 20, reflecting growing market recognition despite recent share dilution from an equity offering raising A$120 million.
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Click here and access our complete health analysis report to understand the dynamics of DroneShield.
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Understand DroneShield's track record by examining our Past report.
Tasmea
Simply Wall St Value Rating: ★★★★★★
Overview: Tasmea Limited provides shutdown, maintenance, emergency breakdown, and capital upgrade services in Australia with a market cap of A$492.63 million.
Operations: Tasmea Limited generates revenue primarily from Mechanical Services (A$141.42 million), Electrical Services (A$129.44 million), Water & Fluid (A$73.55 million), and Civil Services (A$53.64 million).