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The Australian market has climbed 1.4% in the last 7 days, with the Materials sector gaining 3.3% while the Energy sector shrank by 3.1%. Over the past year, the market has increased by 12%, and earnings are forecast to grow by 14% annually. In this dynamic environment, identifying stocks with strong growth potential and solid fundamentals can be particularly rewarding. Here are three lesser-known Australian stocks that could offer promising opportunities this August.
Top 10 Undiscovered Gems With Strong Fundamentals In Australia
| Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
| Fiducian Group | NA | 9.94% | 6.48% | ★★★★★★ |
| Bailador Technology Investments | NA | 11.17% | 10.16% | ★★★★★★ |
| Lycopodium | NA | 17.22% | 33.85% | ★★★★★★ |
| Schaffer | 24.98% | 2.97% | -6.23% | ★★★★★★ |
| Sugar Terminals | NA | 2.34% | 2.64% | ★★★★★★ |
| SKS Technologies Group | NA | 34.65% | 47.39% | ★★★★★★ |
| Hearts and Minds Investments | NA | 18.39% | -3.93% | ★★★★★★ |
| AMCIL | NA | 5.16% | 5.31% | ★★★★★☆ |
| A2B Australia | 15.83% | -7.78% | 25.44% | ★★★★☆☆ |
| Boart Longyear Group | 71.20% | 9.71% | 39.19% | ★★★★☆☆ |
Underneath we present a selection of stocks filtered out by our screen.
DroneShield
Simply Wall St Value Rating: ★★★★★★
Overview: DroneShield Limited develops, commercializes, and sells hardware and software technology for drone detection and security in Australia and the United States, with a market cap of A$1.11 billion.
Operations: The company generates revenue primarily from its Aerospace & Defense segment, amounting to A$55.08 million. The net profit margin is not provided in the available data.
DroneShield, a small Australian defense tech player, has recently turned profitable and is forecasting earnings growth of 40.21% annually. The company reported A$23.99 million in sales for H1 2024, up from A$11.55 million last year, though net loss widened to A$4.8 million from A$2.94 million. Despite dilution over the past year due to an equity offering raising A$120 million, DroneShield remains debt-free and boasts high-quality earnings with positive free cash flow now at A$7.75 million.
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Unlock comprehensive insights into our analysis of DroneShield stock in this health report.
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Understand DroneShield's track record by examining our Past report.
Supply Network
Simply Wall St Value Rating: ★★★★★★
Overview: Supply Network Limited supplies aftermarket parts to the commercial vehicle industry in Australia and New Zealand and has a market cap of A$1.15 billion.
Operations: Supply Network Limited generates revenue primarily through the sale of aftermarket parts for commercial vehicles in Australia and New Zealand. The company has a market cap of A$1.15 billion.