In This Article:
The market in Australia has been flat over the last week, though it has risen 6.6% over the past 12 months and earnings are expected to grow by 13% per annum over the next few years. In this context, identifying stocks with strong growth potential and solid fundamentals can be particularly rewarding for investors seeking undiscovered gems.
Top 10 Undiscovered Gems With Strong Fundamentals In Australia
| Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
| Fiducian Group | NA | 9.94% | 6.00% | ★★★★★★ |
| Lycopodium | NA | 15.62% | 29.55% | ★★★★★★ |
| Sugar Terminals | NA | 2.34% | 2.64% | ★★★★★★ |
| Hearts and Minds Investments | NA | 18.39% | -3.93% | ★★★★★★ |
| SKS Technologies Group | NA | 31.29% | 43.27% | ★★★★★★ |
| BSP Financial Group | 4.92% | 6.74% | 5.29% | ★★★★★☆ |
| AMCIL | NA | 5.16% | 5.31% | ★★★★★☆ |
| A2B Australia | 15.83% | -7.78% | 25.44% | ★★★★☆☆ |
| Paragon Care | 340.88% | 28.05% | 68.37% | ★★★★☆☆ |
| Boart Longyear Group | 71.20% | 9.71% | 39.19% | ★★★★☆☆ |
Let's explore several standout options from the results in the screener.
Austin Engineering
Simply Wall St Value Rating: ★★★★★☆
Overview: Austin Engineering Limited (ASX:ANG) manufactures, repairs, overhauls, and supplies mining attachment products and other related services for industrial and resources-related sectors, with a market cap of A$387.13 million.
Operations: Austin Engineering generates revenue primarily from the Asia-Pacific (A$154.13 million), North America (A$84.62 million), and South America (A$48.998 million) regions, focusing on mining attachment products and related services.
Austin Engineering, a small-cap player in the machinery sector, has shown impressive earnings growth of 41.5% over the past year, outpacing the industry’s 30.7%. The company trades at a favorable P/E ratio of 18.5x compared to the market's 19.2x and holds an order book valued at A$186.3 million as of June 2024, up from A$143.7 million last year. Additionally, Austin reconfirmed its NPAT guidance for fiscal year 2024 at A$31-33 million, reflecting a significant increase from the previous year's figures.
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Dive into the specifics of Austin Engineering here with our thorough health report.
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Evaluate Austin Engineering's historical performance by accessing our past performance report.
Ricegrowers
Simply Wall St Value Rating: ★★★★★☆
Overview: Ricegrowers Limited, with a market cap of A$574.23 million, operates as a rice food company serving markets in Australia, New Zealand, the Pacific Islands, the Middle East, the United States, and internationally.
Operations: Ricegrowers Limited generates revenue primarily from six segments: Riviana (A$222.01 million), Cop Rice (A$252.75 million), Rice Food (A$121.03 million), Rice Pool (A$498.11 million), Corporate Segment (A$45.79 million), and International Rice (A$894.03 million).