Emerald Resources And 2 Other Undiscovered Gems In Australia
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Over the last 7 days, the Australian market has remained flat. More promisingly, the market is up 15% over the past year and earnings are expected to grow by 12% per annum. In this environment, identifying stocks with strong growth potential and solid fundamentals can be particularly rewarding. Here, we explore Emerald Resources and two other undiscovered gems in Australia that could offer significant opportunities for investors.
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% | ★★★★★★ |
| Lycopodium | NA | 17.22% | 33.85% | ★★★★★★ |
| SKS Technologies Group | NA | 34.65% | 47.39% | ★★★★★★ |
| Red Hill Minerals | NA | 75.05% | 36.74% | ★★★★★★ |
| 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% | ★★★★☆☆ |
We're going to check out a few of the best picks from our screener tool.
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$2.61 billion.
Operations: Emerald Resources NL generates revenue primarily from mine operations, amounting to A$366.04 million. The company also has a smaller revenue stream of A$5.04 million from other sources.
Emerald Resources has shown impressive earnings growth of 41.9% over the past year, significantly outpacing the Metals and Mining industry's -0.3%. Trading at 58.1% below its estimated fair value, it presents a compelling opportunity for investors. Despite an increase in debt to equity from 0% to 8.5% over five years, its interest payments are well covered by EBIT at 18.6x coverage, indicating robust financial health and high-quality earnings potential moving forward.
RPMGlobal Holdings
Simply Wall St Value Rating: ★★★★★★
Overview: RPMGlobal Holdings Limited develops and provides mining software solutions across multiple continents including Australia, Asia, the Americas, Africa, and Europe with a market cap of A$646.59 million.
Operations: RPMGlobal Holdings Limited generates revenue primarily from its Advisory segment (A$31.41 million) and Software segment (A$72.67 million). The company has a market cap of A$646.59 million.