Yahoo Finance Undiscovered Gems In Australia To Watch This September 2024
Over the last 7 days, the Australian market has dropped 1.7%, driven by a decline of 5.4% in the Materials sector. However, over the longer term, the market has risen by 10% in the last year and earnings are forecast to grow by 12% annually. In this fluctuating environment, identifying stocks with strong fundamentals and growth potential can offer significant opportunities for investors looking to capitalize on Australia's dynamic market conditions.
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% | ★★★★★★ |
Lycopodium | NA | 17.22% | 33.85% | ★★★★★★ |
Bisalloy Steel Group | 0.95% | 10.27% | 24.14% | ★★★★★★ |
Sugar Terminals | NA | 2.34% | 2.64% | ★★★★★★ |
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% | ★★★★☆☆ |
Boart Longyear Group | 71.20% | 9.71% | 39.19% | ★★★★☆☆ |
We'll examine a selection from our screener results.
GenusPlus Group
Simply Wall St Value Rating: ★★★★★★
Overview: GenusPlus Group Ltd specializes in the installation, construction, and maintenance of power and communication systems in Australia with a market cap of A$406.99 million.
Operations: GenusPlus Group Ltd generates revenue primarily from three segments: Industrial (A$152.62 million), Communication (A$71.59 million), and Infrastructure (A$336.04 million).
GenusPlus Group, a promising player in the construction sector, reported A$551.19 million in sales for FY2024, up from A$444.18 million last year. Net income also rose to A$19.26 million from A$13.41 million previously, with basic earnings per share increasing to A$0.1084 from A$0.0756 a year ago. The company's debt-to-equity ratio improved significantly over five years, dropping from 16.3% to 3.5%. Additionally, GenusPlus has more cash than its total debt and trades at 54% below estimated fair value.
Delve into the full analysis health report here for a deeper understanding of GenusPlus Group.
Evaluate GenusPlus Group's historical performance by accessing our past performance report.
K&S
Simply Wall St Value Rating: ★★★★☆☆
Overview: K&S Corporation Limited is involved in transportation and logistics, warehousing, and fuel distribution services across Australia and New Zealand with a market cap of A$498.13 million.
Operations: K&S Corporation Limited generates revenue primarily from Australian Transport (A$582.80 million), Fuel (A$230.79 million), and New Zealand Transport (A$72.93 million) segments.
K&S Corporation Limited, a small-cap logistics player, reported full-year sales of A$824.58 million and revenue of A$834.03 million for FY2024, slightly down from the previous year. Net income rose to A$31.23 million from A$28.63 million, with earnings per share at A$0.228 compared to last year's A$0.212. The company announced a fully franked dividend of A$0.08 per share for the six months ending June 30, 2024, payable on November 4th.
Navigate through the intricacies of K&S with our comprehensive health report here.
Gain insights into K&S' past trends and performance with our Past report.
Redox
Simply Wall St Value Rating: ★★★★★★
Overview: Redox Limited supplies and distributes chemicals, ingredients, and raw materials in Australia, New Zealand, the United States, and internationally with a market cap of A$1.61 billion.
Operations: Redox generates revenue primarily through its wholesale segment, specifically in drugs, amounting to A$1.14 billion. The company's market cap stands at A$1.61 billion.
Redox has shown impressive financial health, with a debt-to-equity ratio dropping from 69.6% to 2.6% over five years and more cash than total debt. Despite sales decreasing to A$1.14 billion from A$1.26 billion, net income rose to A$90.24 million from A$80.73 million last year, reflecting high-quality earnings and robust performance in interest coverage. Earnings per share were slightly down at A$0.17 compared to A$0.19 previously, yet the company declared a fully franked dividend of 12.5 cents per share for the year ending June 2024.
Click here to discover the nuances of Redox with our detailed analytical health report.
Examine Redox's past performance report to understand how it has performed in the past.
Seize The Opportunity
Embark on your investment journey to our 53 ASX Undiscovered Gems With Strong Fundamentals selection here.
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Curious About Other Options?
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Find companies with promising cash flow potential yet trading below their fair value.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include ASX:GNP ASX:KSC and ASX:RDX.
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