Emerald Resources And 2 Other Undiscovered Gems To Enhance Your Portfolio
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The Australian market has climbed 2.2% in the last 7 days and is up 11% over the past 12 months, with earnings forecast to grow by 13% annually. In this favorable environment, identifying promising stocks like Emerald Resources and two other undiscovered gems can enhance your portfolio by leveraging current market momentum and growth potential.
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% | ★★★★★★ |
| Lycopodium | NA | 15.62% | 29.55% | ★★★★★★ |
| Sugar Terminals | NA | 2.34% | 2.64% | ★★★★★★ |
| Plato Income Maximiser | NA | 11.43% | 14.26% | ★★★★★★ |
| Hearts and Minds Investments | NA | 18.39% | -3.93% | ★★★★★★ |
| SKS Technologies Group | NA | 31.29% | 43.27% | ★★★★★★ |
| AMCIL | NA | 5.16% | 5.31% | ★★★★★☆ |
| A2B Australia | 15.83% | -7.78% | 25.44% | ★★★★☆☆ |
| Paragon Care | 340.88% | 28.05% | 68.37% | ★★★★☆☆ |
| Boart Longyear Group | 71.20% | 9.71% | 39.19% | ★★★★☆☆ |
Let's uncover some gems from our specialized screener.
Emerald Resources
Simply Wall St Value Rating: ★★★★★☆
Overview: Emerald Resources NL is involved in the exploration and development of mineral reserves in Cambodia and Australia, with a market cap of A$2.62 billion.
Operations: Emerald Resources NL generates revenue primarily from its mine operations, totaling A$339.32 million.
Emerald Resources, a small cap in the mining sector, is trading at 56.9% below its estimated fair value. Over the past year, earnings grew by 53.4%, outpacing the industry’s -19%. The company’s debt to equity ratio has increased from 0% to 14.5% over five years, yet it holds more cash than total debt and covers interest payments with EBIT at 14x coverage. Future earnings are forecasted to grow by 20.14% annually.
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Unlock comprehensive insights into our analysis of Emerald Resources stock in this health report.
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Gain insights into Emerald Resources' past trends and performance with our Past report.
Macmahon Holdings
Simply Wall St Value Rating: ★★★★★☆
Overview: Macmahon Holdings Limited offers surface and underground mining, mining support, and civil infrastructure services to mining companies in Australia and Southeast Asia, with a market cap of A$609.50 million.
Operations: Macmahon Holdings generates revenue primarily from its mining (including civil) segment, amounting to A$1.89 billion. The company's financial performance includes a notable gross profit margin of 10.50%.
Macmahon Holdings, a small player in the mining services sector, has shown impressive growth with earnings up 49.7% over the past year. Trading at 35.6% below its estimated fair value, it offers good relative value compared to peers. The net debt to equity ratio stands at a satisfactory 5.9%, and interest payments are well covered by EBIT at 5.4x coverage. With profitability ensuring no cash runway concerns, Macmahon appears poised for steady future performance with forecasted earnings growth of 5.77% annually.