Discovering Australia's Undiscovered Gems in September 2024
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Over the last 7 days, the Australian market has remained flat, although it has risen 15% in the past 12 months with earnings forecast to grow by 12% annually. In this environment, identifying stocks with strong growth potential and solid fundamentals can be particularly rewarding.
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 dive into some prime choices out of from the screener.
Emerald Resources
Simply Wall St Value Rating: ★★★★★☆
Overview: Emerald Resources NL focuses on the exploration and development of mineral reserves in Cambodia and Australia, with a market cap of A$2.56 billion.
Operations: Emerald Resources NL generates revenue primarily from mine operations, amounting to A$366.04 million.
Emerald Resources (EMR) has shown impressive growth, with earnings increasing by 41.9% over the past year, significantly outpacing the Metals and Mining industry’s -0.3%. The company reported A$371.07 million in sales for FY2024, up from A$299.48 million last year, and net income rose to A$84.27 million from A$59.36 million. Despite a debt-to-equity ratio increase to 8.5% over five years, EMR's interest payments are well covered by EBIT at 18.6x coverage, indicating robust financial health.
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Unlock comprehensive insights into our analysis of Emerald Resources stock in this health report.
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Evaluate Emerald Resources' historical performance by accessing our past performance report.
RPMGlobal Holdings
Simply Wall St Value Rating: ★★★★★★
Overview: RPMGlobal Holdings Limited develops and provides mining software solutions across Australia, Asia, the Americas, Africa, and Europe with a market cap of A$620.01 million.
Operations: RPMGlobal Holdings generates revenue primarily from its Advisory segment (A$31.41 million) and Software segment (A$72.67 million), with a combined total of A$104.08 million.
RPMGlobal Holdings, a standout in the Australian software sector, has seen earnings growth of 134.6% over the past year, outpacing its industry peers' 6.8%. The company reported A$104.19 million in revenue for FY2024, up from A$91.56 million last year, with net income rising to A$8.66 million from A$3.69 million previously. Recently added to both the S&P/ASX Small Ordinaries and S&P/ASX 300 Indexes, RPMGlobal showcases promising potential for future growth and stability in its market segment.