Unveiling Australia's Hidden Stock Gems For September 2024
In This Article:
Over the last 7 days, the Australian market has risen 2.1%, driven by gains in every sector, and has climbed 13% over the past year. In light of these strong performances and expected annual earnings growth of 12%, identifying stocks with solid fundamentals and growth potential is crucial for capitalizing on this momentum.
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% | ★★★★☆☆ |
Let's review some notable picks from our screened stocks.
DroneShield
Simply Wall St Value Rating: ★★★★★★
Overview: DroneShield Limited develops, commercializes, and sells hardware and software technology for drone detection and security in Australia and the United States, with a market cap of A$1.12 billion.
Operations: DroneShield generates revenue primarily from its Aerospace & Defense segment, totaling A$67.52 million. The company has a market cap of A$1.12 billion.
DroneShield, a small-cap Australian company, has shown remarkable earnings growth of 612.7% over the past year, outpacing the Aerospace & Defense industry’s 13.8%. Despite being debt-free now compared to a debt-to-equity ratio of 41.5% five years ago, shareholders have faced dilution recently. The firm reported A$23.99 million in sales for H1 2024 but incurred a net loss of A$4.8 million, with basic loss per share at A$0.0078 from continuing operations.
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Unlock comprehensive insights into our analysis of DroneShield stock in this health report.
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Evaluate DroneShield's historical performance by accessing our past performance 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$2.34 billion.
Operations: MFF Capital Investments generates revenue primarily through equity investments, amounting to A$659.96 million. The firm operates with a market cap of A$2.34 billion.
MFF Capital Investments has demonstrated robust financial health, with earnings growing by 38.3% over the past year, significantly outpacing the Capital Markets industry average of 17.7%. The company reported a net income of A$447.36 million for the full year ending June 30, 2024, up from A$323.58 million in the previous year. Additionally, MFF's interest payments are well covered by EBIT at a ratio of 28.2x and it trades at 43.1% below its estimated fair value.