Investors seeking to increase their exposure to growth should consider companies such as TopBetta Holdings and Syrah Resources. Analysts are generally optimistic about the future of these stocks, based on how much they’re expected to earn and return. Analysing the most recent financial data, I’ve created a list of companies that compare favourably in all criteria, making them potentially good additions to your portfolio.
TopBetta Holdings Limited (ASX:TBH)
TopBetta Holdings Limited engages in the online racing and sports wagering businesses in Australia. TopBetta Holdings is currently led by CEO Todd Buckingham. With the company’s market capitalisation at AUD A$55.09M, we can put it in the small-cap stocks category
Driven by exceptional sales, which is expected to more than double over the next few years, TBH is expected to deliver an excellent earnings growth of 88.19%. An affirming signal is when net income increase is supported by top-line growth. Since net income isn’t artificially inflated by one-off initiatives such as cost-cutting, we know this profit growth is more likely to be sustainable. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a high double-digit return on equity of 24.49%. TBH ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Considering TBH as a potential investment? Have a browse through its key fundamentals here.
Syrah Resources Limited (ASX:SYR)
Syrah Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral properties in Mozambique. The company currently employs 374 people and with the market cap of AUD A$1.00B, it falls under the small-cap category.
SYR’s projected future profit growth is an exceptional 79.77%, with an underlying triple-digit growth from its revenues expected over the upcoming years. An affirming signal is when net income increase is supported by top-line growth. Since net income isn’t artificially inflated by one-off initiatives such as cost-cutting, we know this profit growth is more likely to be sustainable. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 15.81%. SYR’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Interested to learn more about SYR? Check out its fundamental factors here.
Bingo Industries Limited (ASX:BIN)
Bingo Industries Limited, together with its subsidiaries, provides waste management solutions for domestic and commercial businesses in Australia. The company was established in 2017 and with the company’s market cap sitting at AUD A$711.95M, it falls under the small-cap category.