October 2024's Undervalued Small Caps In Australia With Insider Buying
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Over the last 7 days, the Australian market has remained flat, but it has shown a robust 18% increase over the past year with earnings forecasted to grow by 12% annually. In this environment, identifying stocks that are perceived as undervalued and exhibit insider buying can be an effective strategy for investors seeking opportunities in smaller companies.
Top 10 Undervalued Small Caps With Insider Buying In Australia
| Name | PE | PS | Discount to Fair Value | Value Rating |
|---|---|---|---|---|
| GWA Group | 16.6x | 1.6x | 41.10% | ★★★★★★ |
| Bigtincan Holdings | NA | 1.3x | 42.41% | ★★★★★☆ |
| Collins Foods | 18.1x | 0.7x | 7.15% | ★★★★☆☆ |
| Centuria Capital Group | 22.3x | 5.0x | 43.74% | ★★★★☆☆ |
| Bapcor | NA | 0.9x | 43.92% | ★★★★☆☆ |
| Corporate Travel Management | 21.3x | 2.5x | 0.56% | ★★★★☆☆ |
| Eagers Automotive | 10.9x | 0.3x | 37.47% | ★★★★☆☆ |
| Dicker Data | 21.1x | 0.8x | -73.38% | ★★★☆☆☆ |
| Coventry Group | 225.4x | 0.4x | -12.86% | ★★★☆☆☆ |
| Abacus Storage King | 12.5x | 7.8x | -32.19% | ★★★☆☆☆ |
Underneath we present a selection of stocks filtered out by our screen.
Credit Corp Group
Simply Wall St Value Rating: ★★★☆☆☆
Overview: Credit Corp Group is a financial services company specializing in debt ledger purchasing in the United States, Australia, and New Zealand, as well as consumer lending across these regions, with a market capitalization of A$2.06 billion.
Operations: The company's revenue streams are primarily derived from debt ledger purchasing in Australia, New Zealand, and the United States, as well as consumer lending across these regions. Over recent periods, the gross profit margin has shown a declining trend, reaching 87.09% by June 2024. Operating expenses have consistently been a significant portion of costs, with general and administrative expenses being the largest component.
PE: 22.5x
Credit Corp Group, a smaller player in Australia, presents intriguing potential for those eyeing undervalued stocks. Despite a dip in net income to A$50.71 million from last year’s A$91.25 million and profit margins shrinking from 23.1% to 13.4%, the company forecasts earnings growth of 13.46% annually. Recent insider confidence is evident with share purchases over the past year, hinting at optimism within management ranks amidst board renewal efforts like appointing Sarah Brennan as Non-Executive Director in September 2024.
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Get an in-depth perspective on Credit Corp Group's performance by reading our valuation report here.
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Understand Credit Corp Group's track record by examining our Past report.
GWA Group
Simply Wall St Value Rating: ★★★★★★
Overview: GWA Group is an Australian company specializing in water solutions, with a focus on the design and distribution of bathroom and kitchen fixtures, and it has a market capitalization of A$0.73 billion.