Undiscovered Gems To Explore This November 2024
In This Article:
As global markets navigate the complexities of rising U.S. Treasury yields and a cautious Federal Reserve rate-cutting outlook, small-cap stocks have faced heightened volatility, underperforming their large-cap counterparts. Despite these challenges, this environment can uncover unique opportunities for investors willing to explore lesser-known companies with strong fundamentals and growth potential.
Top 10 Undiscovered Gems With Strong Fundamentals
| Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
| Etihad Atheeb Telecommunication | NA | 26.82% | 62.18% | ★★★★★★ |
| Ovostar Union | 0.01% | 10.19% | 49.85% | ★★★★★★ |
| Impellam Group | 31.12% | -5.43% | -6.86% | ★★★★★★ |
| Sure Global Tech | NA | 10.25% | 20.35% | ★★★★★★ |
| United Wire Factories | NA | 4.86% | 0.19% | ★★★★★★ |
| Tianyun International Holdings | 10.09% | -5.59% | -9.92% | ★★★★★★ |
| A2B Australia | 15.83% | -7.78% | 25.44% | ★★★★☆☆ |
| Wilson | 64.79% | 30.09% | 68.29% | ★★★★☆☆ |
| Zahrat Al Waha For Trading | 80.05% | 4.97% | -15.99% | ★★★★☆☆ |
| Waja | 23.81% | 98.44% | 14.54% | ★★★★☆☆ |
We're going to check out a few of the best picks from our screener tool.
Elecnor
Simply Wall St Value Rating: ★★★★★★
Overview: Elecnor, S.A. is involved in the development, construction, and operation of projects and services both in Spain and internationally with a market capitalization of approximately €1.74 billion.
Operations: Elecnor generates revenue primarily from its Elecnor segment, amounting to approximately €3.81 billion.
Elecnor, a notable player in the construction sector, shows strong financial health with its interest payments well covered by EBIT at 9.1 times, indicating solid earnings quality. Its debt situation has significantly improved over the past five years, with a reduction in the debt-to-equity ratio from 202.5% to 18.6%, and it currently holds more cash than total debt. Despite these strengths, Elecnor's earnings growth of 19.7% over the past year lagged behind the broader construction industry's growth of 38%. Looking ahead, forecasts suggest an average annual decline in earnings by 30.1% for the next three years.
-
Unlock comprehensive insights into our analysis of Elecnor stock in this health report.
-
Explore historical data to track Elecnor's performance over time in our Past section.
Deyaar Development PJSC
Simply Wall St Value Rating: ★★★★★★
Overview: Deyaar Development PJSC, along with its subsidiaries, engages in property investment, development, and management services both within the United Arab Emirates and internationally, with a market capitalization of AED3.11 billion.
Operations: Deyaar generates revenue primarily from three segments: property development activities (AED1.02 billion), properties and facilities management (AED151.74 million), and hospitality (AED113.49 million).