A stock that you can buy at a price below what it is worth is considered undervalued. This is the case for K.C.P. Sugar and Industries and Swastika Investmart. Investors can benefit from buying these companies while they are discounted, because they gain when the market prices move towards the stocks’ true values. Below is a list of stocks I’ve compiled that are deemed undervalued based on the latest financial data.
K.C.P. Sugar and Industries Corporation Limited (BSE:533192)
K.C.P. Sugar and Industries Corporation Limited, together with its subsidiaries, manufactures and sells sugar and associated products in India and internationally. K.C.P. Sugar and Industries was founded in 1995 and with the company’s market cap sitting at INR ₹4.06B, it falls under the mid-cap category.
533192’s stock is now hovering at around -26% lower than its actual value of INR48.56, at a price of INR35.8, according to my discounted cash flow model. The mismatch signals a potential chance to invest in 533192 at a discounted price. Furthermore, 533192’s PE ratio is trading at around 12x while its food peer level trades at 24x, meaning that relative to its peers, you can buy 533192 for a cheaper price. 533192 is also in good financial health, with current assets covering liabilities in the near term and over the long run.
Dig deeper into K.C.P. Sugar and Industries here.
Swastika Investmart Limited (BSE:530585)
Swastika Investmart Limited engages in stock broking and capital markets activities in India. Swastika Investmart was started in 1992 and with the company’s market cap sitting at INR ₹510.70M, it falls under the small-cap group.
530585’s shares are currently hovering at around -46% under its true level of INR322.3, at a price of INR172.55, according to my discounted cash flow model. The discrepancy signals an opportunity to buy low. Furthermore, 530585’s PE ratio is currently around 7.8x while its diversified financial peer level trades at 18.3x, meaning that relative to its peers, you can buy 530585’s shares at a cheaper price. 530585 is also strong financially, with short-term assets covering liabilities in the near future as well as in the long run. It’s debt-to-equity ratio of 121% has been reducing for the past few years signifying 530585’s capability to pay down its debt. Interested in Swastika Investmart? Find out more here.
IST Limited (BSE:508807)
IST Limited manufactures and sells automotive components in India. Founded in 1976, and currently lead by , the company size now stands at 391 people and with the company’s market cap sitting at INR ₹6.94B, it falls under the mid-cap stocks category.