3 Stocks That May Be Priced Below Their Estimated Value In December 2024

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As global markets continue to reach record highs, driven by positive sentiment from domestic and geopolitical developments, investors are keenly observing the broader economic landscape. Despite uncertainties such as potential trade tariffs and manufacturing slumps, opportunities may exist in stocks that appear undervalued relative to their intrinsic worth. Identifying such stocks involves assessing factors like strong fundamentals and resilience amidst fluctuating market conditions.

Top 10 Undervalued Stocks Based On Cash Flows

Name

Current Price

Fair Value (Est)

Discount (Est)

Corporativo Fragua. de (BMV:FRAGUA B)

MX$633.57

MX$1257.07

49.6%

BP Plastics Holding Bhd (KLSE:BPPLAS)

MYR1.20

MYR2.39

49.7%

Ramssol Group Berhad (KLSE:RAMSSOL)

MYR0.70

MYR1.39

49.5%

Krsnaa Diagnostics (NSEI:KRSNAA)

₹996.65

₹1971.74

49.5%

Equity Bancshares (NYSE:EQBK)

US$48.12

US$96.15

50%

Pluk Phak Praw Rak Mae (SET:OKJ)

THB15.50

THB30.86

49.8%

Acerinox (BME:ACX)

€9.92

€19.82

49.9%

Nidaros Sparebank (OB:NISB)

NOK100.10

NOK198.62

49.6%

Marcus & Millichap (NYSE:MMI)

US$40.88

US$81.13

49.6%

FINEOS Corporation Holdings (ASX:FCL)

A$1.90

A$3.77

49.5%

Click here to see the full list of 889 stocks from our Undervalued Stocks Based On Cash Flows screener.

Let's uncover some gems from our specialized screener.

Acerinox

Overview: Acerinox, S.A. and its subsidiaries manufacture, process, and market stainless steel products globally, with a market cap of €2.47 billion.

Operations: The company's revenue is primarily derived from its Stainless Steel Business, which accounts for €4.35 billion, and High Performance Alloys, contributing €1.37 billion.

Estimated Discount To Fair Value: 49.9%

Acerinox is trading significantly below its estimated fair value of €19.82, with a current price of €9.92, suggesting it may be undervalued based on cash flows. Despite a low return on equity forecast and unsustainable dividend coverage, its earnings are projected to grow at 38.7% annually, outpacing the Spanish market's growth rate. However, recent profit margins have declined due to large one-off items impacting financial results.

BME:ACX Discounted Cash Flow as at Dec 2024
BME:ACX Discounted Cash Flow as at Dec 2024

Türk Telekomünikasyon Anonim Sirketi

Overview: Türk Telekomünikasyon Anonim Sirketi, along with its subsidiaries, offers integrated telecommunication services in Turkey and has a market cap of TRY164.50 billion.

Operations: The company's revenue segments consist of Mobile services generating TRY45.38 billion and Fixed-Line services contributing TRY67.30 billion.