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Estimated Discount To Fair Value: 46.9%

EVE Energy, trading at CNY 40.92, is valued below its estimated fair value of CNY 77.12, indicating potential undervaluation based on cash flows. Despite modest earnings growth of 0.6% last year and a dividend not well-covered by free cash flows, the company forecasts significant annual earnings growth of 23.07% over three years and revenue growth outpacing the market at 20.6%. A recent strategic partnership with SINEXCEL aims to enhance technological innovation and market expansion in energy storage solutions.

• Insights from our recent growth report point to a promising forecast for EVE Energy's business outlook.

• Click here and access our complete balance sheet health report to understand the dynamics of EVE Energy.

Chroma ATE

Overview: Chroma ATE Inc. is involved in the design, assembly, manufacturing, sales, repair, and maintenance of software/hardware for computers and peripherals as well as various electronic testing systems and power supplies across Taiwan, China, the United States, and other international markets with a market cap of NT$114.39 billion.

Operations: The company's revenue is primarily derived from its Measuring Instruments Business, which accounts for NT$33.42 billion, and Automated Transport Engineering, contributing NT$1.45 billion.

Estimated Discount To Fair Value: 36.7%

Chroma ATE, trading at NT$280, is undervalued with a fair value estimate of NT$442.46. The company reported robust earnings growth of 32.3% last year and forecasts annual profit growth of 20.1%, outpacing the Taiwan market's 14.2%. Despite a dividend yield not fully covered by free cash flows, its revenue is projected to grow faster than the market at 16.1% annually, supported by recent inclusion in the FTSE All-World Index.

• According our earnings growth report, there's an indication that Chroma ATE might be ready to expand.

• Navigate through the intricacies of Chroma ATE with our comprehensive financial health report here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include BMV:AMX B SZSE:300014 and TWSE:2360.

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