Undiscovered Gems in Australia for September 2024
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The Australian market has shown robust performance, climbing 1.7% in the last 7 days and up 12% over the past year, with earnings expected to grow by 12% annually in the coming years. In this favorable environment, identifying stocks with strong fundamentals and growth potential can be particularly rewarding for investors seeking undiscovered gems.
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% | ★★★★☆☆ |
Here we highlight a subset of our preferred stocks from the screener.
Catalyst Metals
Simply Wall St Value Rating: ★★★★☆☆
Overview: Catalyst Metals Limited explores and evaluates mineral properties in Australia, with a market cap of A$602.84 million.
Operations: Catalyst Metals Limited generates revenue primarily from its operations in Western Australia (A$243.77 million) and Tasmania (A$75.08 million).
Catalyst Metals, a small cap in the Australian mining sector, has shown promising growth with earnings forecasted to rise by 54.48% annually. For FY2024, it reported sales of A$317 million and net income of A$23.56 million, reversing last year's loss of A$15.63 million. The company achieved an annual production of 110koz gold and plans to produce between 105-120koz next year. Despite a slight increase in debt-to-equity ratio from 0% to 1.8% over five years, its interest payments are well covered by EBIT at 6.3x coverage.
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Take a closer look at Catalyst Metals' potential here in our health report.
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Understand Catalyst Metals' track record by examining our Past report.
MFF Capital Investments
Simply Wall St Value Rating: ★★★★★☆
Overview: MFF Capital Investments Limited is an investment firm manager with a market cap of A$2.25 billion.
Operations: MFF Capital Investments generates revenue primarily from its equity investments, amounting to A$659.96 million.
MFF Capital Investments has shown impressive performance, with earnings growth of 38.3% over the past year, outpacing the Capital Markets industry average of 17.7%. The company's net income for the year ended June 30, 2024, was A$447.36 million compared to A$323.58 million a year ago. MFF's debt to equity ratio increased from 2.8% to 7.9% over five years but remains manageable as it holds more cash than total debt, indicating financial stability and robust profitability.