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Emerald Resources And 2 Other Undiscovered Gems In Australia

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Over the last 7 days, the Australian market has remained flat, yet it boasts a remarkable 17% increase over the past year with earnings forecasted to grow by 12% annually. In this dynamic environment, identifying promising stocks like Emerald Resources and two other lesser-known opportunities can be key to capitalizing on potential growth.

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%

★★★★★★

Bisalloy Steel Group

0.95%

10.27%

24.14%

★★★★★★

Sugar Terminals

NA

3.14%

3.53%

★★★★★★

Lycopodium

NA

17.22%

33.85%

★★★★★★

Red Hill Minerals

NA

75.05%

36.74%

★★★★★★

BSP Financial Group

7.53%

7.31%

4.10%

★★★★★☆

Steamships Trading

33.60%

4.17%

3.90%

★★★★★☆

AMCIL

NA

5.16%

5.31%

★★★★★☆

Hearts and Minds Investments

1.00%

18.81%

20.95%

★★★★☆☆

A2B Australia

15.83%

-7.78%

25.44%

★★★★☆☆

Click here to see the full list of 56 stocks from our ASX Undiscovered Gems With Strong Fundamentals screener.

Underneath we present a selection of stocks filtered out by our screen.

Emerald Resources

Simply Wall St Value Rating: ★★★★★☆

Overview: Emerald Resources NL is involved in the exploration and development of mineral reserves in Cambodia and Australia, with a market capitalization of A$2.64 billion.

Operations: Emerald Resources derives its revenue primarily from mine operations, totaling A$366.04 million. The company's financial performance is highlighted by a net profit margin trend that provides insight into its profitability dynamics.

Emerald Resources, a noteworthy player in the Australian mining sector, has shown robust growth with earnings rising 41.9% over the past year, surpassing industry averages. Its debt to equity ratio increased to 8.5% over five years, yet it maintains more cash than total debt and enjoys strong interest coverage at 18.6x EBIT. Recent earnings reveal sales of A$371 million and net income of A$84 million, reflecting its solid performance amidst strategic leadership changes as Simon Lee retires from the board.

ASX:EMR Earnings and Revenue Growth as at Oct 2024
ASX:EMR Earnings and Revenue Growth as at Oct 2024

Generation Development Group

Simply Wall St Value Rating: ★★★★★★

Overview: Generation Development Group Limited is an Australian company that focuses on the marketing and management of life insurance and life investment products and services, with a market capitalization of A$909.85 million.

Operations: Generation Development Group generates revenue primarily from Benefit Funds, which contribute A$316.26 million, and Benefit Funds Management & Funds Administration, adding A$37.26 million. The company also records a smaller revenue stream of A$3.54 million from Other Business activities.