Discover Penny Stocks To Watch In November 2024

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Global markets have been experiencing fluctuations as investors react to the potential policy shifts of the incoming Trump administration, with sectors like financials and energy benefiting, while others such as healthcare face challenges. In this context, penny stocks—often representing smaller or emerging companies—continue to capture investor interest due to their potential for significant value growth. While the term "penny stocks" might seem outdated, these investments remain relevant for those seeking opportunities in companies with solid financial foundations and promising prospects.

Top 10 Penny Stocks

Name

Share Price

Market Cap

Financial Health Rating

BP Plastics Holding Bhd (KLSE:BPPLAS)

MYR1.21

MYR340.59M

★★★★★★

DXN Holdings Bhd (KLSE:DXN)

MYR0.48

MYR2.41B

★★★★★★

Rexit Berhad (KLSE:REXIT)

MYR0.775

MYR135.97M

★★★★★★

Seafco (SET:SEAFCO)

THB1.97

THB1.49B

★★★★★★

LaserBond (ASX:LBL)

A$0.585

A$70.63M

★★★★★★

Hil Industries Berhad (KLSE:HIL)

MYR0.87

MYR288.79M

★★★★★★

ME Group International (LSE:MEGP)

£2.20

£828.88M

★★★★★★

Lever Style (SEHK:1346)

HK$0.87

HK$539.57M

★★★★★★

Embark Early Education (ASX:EVO)

A$0.80

A$146.79M

★★★★☆☆

Next 15 Group (AIM:NFG)

£3.76

£373.95M

★★★★☆☆

Click here to see the full list of 5,816 stocks from our Penny Stocks screener.

Let's explore several standout options from the results in the screener.

STI Education Systems Holdings

Simply Wall St Financial Health Rating: ★★★★★★

Overview: STI Education Systems Holdings, Inc. operates through its subsidiaries to offer a variety of educational services in the Philippines and has a market capitalization of approximately ₱11.29 billion.

Operations: The company generates revenue of ₱4.70 billion from its educational services, which include schools, colleges, and universities.

Market Cap: ₱11.29B

STI Education Systems Holdings, Inc. has demonstrated robust financial growth, with revenue reaching ₱4.70 billion and net income at ₱1.59 billion for the year ended June 2024. The company has effectively reduced its debt to equity ratio from 52.7% to 27.4% over five years, maintaining satisfactory net debt levels and covering interest payments well with EBIT (7.7x coverage). Its short-term assets exceed both long-term and short-term liabilities, supporting financial stability. Despite a low return on equity of 15.2%, STI's earnings have grown significantly by 82.8% over the past year, outpacing industry averages, while maintaining stable weekly volatility and high-quality earnings without shareholder dilution.