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In recent trading sessions, the Australian market has shown resilience, with the ASX200 index making a notable recovery, led by strong performances in the Materials and Real Estate sectors. This rebound highlights a potentially favorable environment for investors looking into undervalued small-cap stocks that might be poised for growth amidst these broader market movements. In this context, understanding insider actions can provide valuable insights into stocks that are well-positioned to capitalize on current market conditions.
Top 10 Undervalued Small Caps With Insider Buying In Australia
Name | PE | PS | Discount to Fair Value | Value Rating |
---|---|---|---|---|
Healius | NA | 0.6x | 41.97% | ★★★★★☆ |
Elders | 23.0x | 0.5x | 43.25% | ★★★★☆☆ |
Dicker Data | 21.7x | 0.8x | 1.65% | ★★★★☆☆ |
Eagers Automotive | 9.5x | 0.3x | 34.21% | ★★★★☆☆ |
Smartgroup | 17.3x | 4.3x | 49.56% | ★★★★☆☆ |
Codan | 30.5x | 4.5x | 23.72% | ★★★★☆☆ |
RAM Essential Services Property Fund | NA | 5.9x | 37.28% | ★★★★☆☆ |
Tasmea | 15.5x | 1.0x | 7.41% | ★★★☆☆☆ |
Gold Road Resources | 16.2x | 4.0x | 47.71% | ★★★☆☆☆ |
Coventry Group | 296.7x | 0.4x | -11.71% | ★★★☆☆☆ |
Let's uncover some gems from our specialized screener.
Aspen Group
Simply Wall St Value Rating: ★★★★★☆
Overview: Aspen Group is a company that operates in the parks, lifestyle, and residential sectors.
Operations: Parks, Lifestyle, and Residential segments generated revenues of A$35.34 million, A$20.41 million, and A$19.84 million respectively. The company's gross profit margin has shown variability over the periods but trended upwards to 0.57 in the most recent fiscal quarter.
PE: 7.7x
Aspen Group, reflecting a blend of risk and potential, recently saw insider confidence with purchases signaling belief in the company's trajectory. Despite a reliance on external borrowing, indicative of higher financial risk, the firm has maintained earnings growth projections at 18.35% annually. Notably, profit margins have dipped to 66.8%, down from the previous year. Adding to investor interest, Aspen declared an increased annual dividend payout by 10%, totaling 8.50 cents per security for fiscal year 2024—a positive nod towards its revenue consistency and appeal to shareholders looking for steady income streams amidst market volatilities typical of smaller enterprises in Australia's dynamic sectors.
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Get an in-depth perspective on Aspen Group's performance by reading our valuation report here.
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Examine Aspen Group's past performance report to understand how it has performed in the past.
Codan
Simply Wall St Value Rating: ★★★★☆☆
Overview: Codan is a diversified technology company specializing in communications equipment and metal detection, with a market capitalization of approximately A$1.24 billion.