Nokian Renkaat Oyj And 2 Additional Stocks That May Be Priced Below Their Estimated Worth

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In the wake of a "red sweep" in the U.S. elections, global markets have seen significant movements, with major benchmarks like the S&P 500 and Nasdaq Composite reaching record highs amid expectations of policy shifts that could influence economic growth and inflation. Amidst these developments, investors are increasingly seeking stocks that may be undervalued by market standards, presenting potential opportunities for those looking to capitalize on discrepancies between current prices and intrinsic value estimates.

Top 10 Undervalued Stocks Based On Cash Flows

Name

Current Price

Fair Value (Est)

Discount (Est)

UMB Financial (NasdaqGS:UMBF)

US$123.80

US$245.87

49.6%

NBT Bancorp (NasdaqGS:NBTB)

US$50.32

US$99.93

49.6%

IMAGICA GROUP (TSE:6879)

¥473.00

¥944.72

49.9%

Ramssol Group Berhad (KLSE:RAMSSOL)

MYR0.695

MYR1.39

49.8%

SISB (SET:SISB)

THB31.75

THB63.07

49.7%

Appier Group (TSE:4180)

¥1697.00

¥3377.51

49.8%

S-Pool (TSE:2471)

¥344.00

¥686.71

49.9%

XPEL (NasdaqCM:XPEL)

US$45.62

US$91.03

49.9%

BuySell TechnologiesLtd (TSE:7685)

¥3890.00

¥7757.36

49.9%

Medios (XTRA:ILM1)

€14.88

€29.67

49.8%

Click here to see the full list of 896 stocks from our Undervalued Stocks Based On Cash Flows screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Nokian Renkaat Oyj

Overview: Nokian Renkaat Oyj is a tire manufacturer operating in Finland, the Nordics, Europe, the Americas, and internationally with a market cap of €1.04 billion.

Operations: The company's revenue segments include €346.80 million from Vianor, €235 million from Heavy Tyres, and €739.70 million from Passenger Car Tyres.

Estimated Discount To Fair Value: 48.8%

Nokian Renkaat Oyj is trading significantly below its estimated fair value, presenting a potential opportunity for investors focused on undervalued stocks based on cash flows. Despite the company's current challenges, including a net loss of €4.2 million in Q3 2024 and an unsustainable dividend yield of 7.27%, revenue growth is forecasted to outpace the Finnish market at 12.7% annually, and profitability is expected within three years.

HLSE:TYRES Discounted Cash Flow as at Nov 2024
HLSE:TYRES Discounted Cash Flow as at Nov 2024

Thai Coconut

Overview: Thai Coconut Public Company Limited produces and distributes coconut products in Thailand with a market capitalization of THB16.02 billion.

Operations: Revenue segments for Thai Coconut Public Company Limited include coconut milk at THB3.50 billion, coconut water at THB2.10 billion, and desiccated coconut at THB1.75 billion.