Top 3 Undervalued Small Caps With Insider Buying In United Kingdom September 2024
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The United Kingdom market has been experiencing turbulence, with the FTSE 100 and FTSE 250 indices both closing lower following weak trade data from China, indicating ongoing economic struggles. Amid this backdrop, identifying undervalued small-cap stocks with insider buying can be a promising strategy for investors looking to navigate current market conditions.
Top 10 Undervalued Small Caps With Insider Buying In The United Kingdom
| Name | PE | PS | Discount to Fair Value | Value Rating |
|---|---|---|---|---|
| Domino's Pizza Group | 15.1x | 1.7x | 38.95% | ★★★★★☆ |
| C&C Group | NA | 0.4x | 45.60% | ★★★★★☆ |
| GB Group | NA | 2.9x | 36.36% | ★★★★★☆ |
| Genus | 164.3x | 1.9x | 0.49% | ★★★★★☆ |
| Bytes Technology Group | 26.8x | 6.1x | 4.34% | ★★★★☆☆ |
| NWF Group | 8.7x | 0.1x | 35.48% | ★★★★☆☆ |
| CVS Group | 32.2x | 1.3x | 39.32% | ★★★★☆☆ |
| Essentra | 716.8x | 1.4x | 38.36% | ★★★★☆☆ |
| Alpha Group International | 10.4x | 4.8x | -29.64% | ★★★☆☆☆ |
| Harworth Group | 12.0x | 6.3x | -591.48% | ★★★☆☆☆ |
Here we highlight a subset of our preferred stocks from the screener.
Bytes Technology Group
Simply Wall St Value Rating: ★★★★☆☆
Overview: Bytes Technology Group is an IT solutions provider with a market cap of ￡1.20 billion.
Operations: The company generates revenue primarily from its IT solutions segment, with a reported revenue of ￡207.02 million as of 2024-09-26. The cost of goods sold (COGS) was ￡61.24 million, resulting in a gross profit margin of 70.42%. Net income stood at ￡46.85 million, yielding a net income margin of 22.63%. Operating expenses were recorded at ￡89.07 million, including non-operating expenses amounting to ￡9.86 million.
PE: 26.8x
Bytes Technology Group, a small-cap stock in the UK, recently announced a 6.0 pence per share final dividend and an 8.7 pence special dividend at their July AGM, payable on August 2, 2024. Insider confidence is evident with notable purchases by executives over the past six months. Despite relying solely on external borrowing for funding, Bytes forecasts an annual earnings growth of 8.97%. Their participation in Smarter Working Live 2024 underscores their commitment to innovation and industry leadership.
Essentra
Simply Wall St Value Rating: ★★★★☆☆
Overview: Essentra is a global provider of essential components and solutions, specializing in plastic and fiber products, with a market cap of approximately ￡0.83 billion.
Operations: Essentra's revenue streams are primarily driven by its sales, with recent figures showing a gross profit margin of 46.14% as of September 2024. The company's cost structure includes significant operating expenses and non-operating expenses, impacting its net income margins.