November 2024's Stocks Estimated To Be Trading Below Their Intrinsic Value

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As global markets navigate a complex landscape marked by mixed earnings reports and economic uncertainties, investors are keenly observing the shifts in major indices, with value stocks outperforming growth shares amid cautious corporate forecasts. In this environment, identifying stocks that may be trading below their intrinsic value becomes crucial for those looking to capitalize on potential market inefficiencies.

Top 10 Undervalued Stocks Based On Cash Flows

Name

Current Price

Fair Value (Est)

Discount (Est)

Provident Financial Services (NYSE:PFS)

US$18.85

US$37.48

49.7%

Proya CosmeticsLtd (SHSE:603605)

CN¥97.24

CN¥194.47

50%

Arteche Lantegi Elkartea (BME:ART)

€6.10

€12.20

50%

Elica (BIT:ELC)

€1.725

€3.44

49.8%

Beyout Investment Group Holding Company - K.S.C. (Holding) (KWSE:BEYOUT)

KWD0.395

KWD0.79

50%

Bangkok Genomics Innovation (SET:BKGI)

THB2.68

THB5.35

49.9%

BayCurrent Consulting (TSE:6532)

¥4902.00

¥9762.93

49.8%

Redcentric (AIM:RCN)

£1.20

£2.39

49.8%

Beijing LeiKe Defense Technology (SZSE:002413)

CN¥4.72

CN¥9.39

49.8%

Alnylam Pharmaceuticals (NasdaqGS:ALNY)

US$273.91

US$546.14

49.8%

Click here to see the full list of 955 stocks from our Undervalued Stocks Based On Cash Flows screener.

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

Fincantieri

Overview: Fincantieri S.p.A. is a global player in the shipbuilding industry with a market cap of €1.69 billion.

Operations: The company's revenue is primarily derived from Shipbuilding (€5.92 billion), Offshore and Specialized Vessels (€1.17 billion), and Equipment, Systems and Infrastructure (€1.21 billion).

Estimated Discount To Fair Value: 28.1%

Fincantieri is trading at €5.25, notably below its estimated fair value of €7.3, making it highly undervalued based on discounted cash flow analysis by more than 20%. Despite past shareholder dilution and a forecasted low return on equity of 16.5% in three years, the company is expected to become profitable with earnings growth projected at 77.75% annually, surpassing average market growth and outperforming the Italian market's revenue growth rate.

BIT:FCT Discounted Cash Flow as at Nov 2024
BIT:FCT Discounted Cash Flow as at Nov 2024

PDS

Overview: PDS Limited, along with its subsidiaries, engages in the design, development, sourcing, manufacturing, marketing, and distribution of various readymade garments and other consumer products globally, with a market cap of ₹79.43 billion.

Operations: The company generates revenue primarily from Sourcing, which accounts for ₹113.53 billion, and Manufacturing, contributing ₹7.49 billion.