In This Article:
In the closing weeks of the year, global markets experienced mixed signals with U.S. consumer confidence declining and major stock indexes showing moderate gains, led by large-cap growth stocks. Amid these fluctuating conditions, identifying undervalued stocks becomes crucial as they may present opportunities for investors seeking to capitalize on potential market inefficiencies.
Top 10 Undervalued Stocks Based On Cash Flows
| Name | Current Price | Fair Value (Est) | Discount (Est) |
| Lundin Gold (TSX:LUG) | CA$31.92 | CA$63.81 | 50% |
| Tourmaline Oil (TSX:TOU) | CA$67.37 | CA$134.34 | 49.9% |
| Bank BTPN Syariah (IDX:BTPS) | IDR935.00 | IDR1869.73 | 50% |
| Strike CompanyLimited (TSE:6196) | ¥3655.00 | ¥7284.35 | 49.8% |
| Camden National (NasdaqGS:CAC) | US$42.25 | US$84.44 | 50% |
| S Foods (TSE:2292) | ¥2737.00 | ¥5472.35 | 50% |
| Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme (ATSE:MOTO) | €2.76 | €5.50 | 49.8% |
| Elekta (OM:EKTA B) | SEK61.80 | SEK123.12 | 49.8% |
| Pluk Phak Praw Rak Mae (SET:OKJ) | THB15.50 | THB30.86 | 49.8% |
| Vogo (ENXTPA:ALVGO) | €2.95 | €5.87 | 49.8% |
Underneath we present a selection of stocks filtered out by our screen.
NCAB Group
Overview: NCAB Group AB (publ) is a company that manufactures and sells printed circuit boards across Sweden, the Nordic region, the rest of Europe, North America, and Asia, with a market cap of SEK12.19 billion.
Operations: The company's revenue segments are distributed as follows: East at SEK210.60 million, Europe at SEK1.91 billion, Nordic at SEK756.10 million, and North America at SEK786.70 million.
Estimated Discount To Fair Value: 11.4%
NCAB Group is trading at SEK65.2, approximately 11.4% below its estimated fair value of SEK73.6, indicating potential undervaluation based on cash flows. Despite recent declines in sales and net income, NCAB's earnings are expected to grow significantly at 24.21% annually, outpacing the Swedish market's growth rate of 14.6%. However, the company has seen substantial insider selling recently and maintains an unstable dividend track record, which may warrant caution for investors.
Polaris Holdings
Overview: Polaris Holdings Co., Ltd. operates a chain of hotels in Japan and has a market cap of ¥43.01 billion.
Operations: Polaris Holdings Co., Ltd. generates its revenue primarily from operating a chain of hotels across Japan.
Estimated Discount To Fair Value: 11.9%