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Discovering Undiscovered Gems With Potential In October 2024

In This Article:

As global markets reach new highs, driven by a robust earnings season and despite modest inflation surprises, small-cap stocks have been garnering attention amid shifting economic landscapes. With the S&P MidCap 400 Index hitting record levels, investors are increasingly on the lookout for undiscovered gems that possess strong fundamentals and growth potential in today's dynamic environment.

Top 10 Undiscovered Gems With Strong Fundamentals

Name

Debt To Equity

Revenue Growth

Earnings Growth

Health Rating

PW Medtech Group

0.06%

22.33%

-17.56%

★★★★★★

Impellam Group

31.12%

-5.43%

-6.86%

★★★★★★

Ovostar Union

0.01%

10.19%

49.85%

★★★★★★

Tianyun International Holdings

10.09%

-5.59%

-9.92%

★★★★★★

MAPFRE Middlesea

NA

14.56%

1.77%

★★★★★☆

Procimmo Group

157.49%

0.65%

4.94%

★★★★☆☆

Arab Banking Corporation (B.S.C.)

190.18%

16.52%

21.58%

★★★★☆☆

Wilson

64.79%

30.09%

68.29%

★★★★☆☆

A2B Australia

15.83%

-7.78%

25.44%

★★★★☆☆

Britam Holdings

8.55%

-2.40%

35.94%

★★★★☆☆

Click here to see the full list of 4794 stocks from our Undiscovered Gems With Strong Fundamentals screener.

Let's uncover some gems from our specialized screener.

Teladan Prima Agro

Simply Wall St Value Rating: ★★★★☆☆

Overview: PT Teladan Prima Agro Tbk, with a market cap of IDR7.51 billion, operates in managing palm oil plantations, mills, and renewable energy businesses through its subsidiaries.

Operations: Teladan Prima Agro generates revenue primarily from its oil palm plantation segment, amounting to IDR3.96 billion. The company's financial performance is characterized by its focus on this core revenue stream, which plays a significant role in shaping its overall business operations.

Teladan Prima Agro's earnings growth of 404.8% over the past year outpaced the food industry's -7.4%, showcasing its robust performance. The company's net income for the first half of 2024 was IDR 269,054 million, a significant jump from IDR 63,395 million in the previous year. Trading at 75.8% below estimated fair value suggests potential undervaluation, while a satisfactory net debt to equity ratio of 13.6% indicates sound financial health despite earnings declining by an average of 3.9% annually over five years.

IDX:TLDN Debt to Equity as at Oct 2024
IDX:TLDN Debt to Equity as at Oct 2024

Guaranty Trust Holding

Simply Wall St Value Rating: ★★★★★☆

Overview: Guaranty Trust Holding Company Plc is a financial holding company for Guaranty Trust Bank Limited, offering commercial banking services across several countries including Nigeria, Ghana, and the United Kingdom, with a market capitalization of NGN1.05 trillion.


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