Undiscovered Gems To Watch This November 2024

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As global markets navigate a period of broad-based gains and record highs, smaller-cap indexes have notably outperformed their larger counterparts, driven by strong labor market data and positive sentiment in sectors like utilities. In this dynamic environment, identifying undiscovered gems requires a keen eye for companies that can capitalize on stabilizing economic indicators and sector-specific growth opportunities.

Top 10 Undiscovered Gems With Strong Fundamentals

Name

Debt To Equity

Revenue Growth

Earnings Growth

Health Rating

Darya-Varia Laboratoria

NA

1.44%

-11.65%

★★★★★★

Padma Oil

0.76%

4.42%

9.81%

★★★★★★

ManpowerGroup Greater China

NA

14.56%

1.58%

★★★★★★

Impellam Group

31.12%

-5.43%

-6.86%

★★★★★★

Ovostar Union

0.01%

10.19%

49.85%

★★★★★★

All E Technologies

NA

34.23%

31.58%

★★★★★★

Tianyun International Holdings

10.09%

-5.59%

-9.92%

★★★★★★

PBA Holdings Bhd

1.86%

7.41%

40.17%

★★★★★☆

A2B Australia

15.83%

-7.78%

25.44%

★★★★☆☆

Wilson

64.79%

30.09%

68.29%

★★★★☆☆

Click here to see the full list of 4640 stocks from our Undiscovered Gems With Strong Fundamentals screener.

Let's review some notable picks from our screened stocks.

Savencia

Simply Wall St Value Rating: ★★★★★★

Overview: Savencia SA is a company that produces, distributes, and markets dairy and cheese products across France, the rest of Europe, and internationally with a market capitalization of €682.06 million.

Operations: Savencia generates revenue primarily from its dairy and cheese products distributed across various regions, including France and other parts of Europe. The company's financial performance is influenced by its cost structure related to production and distribution.

Savencia, a smaller player in the food industry, has shown impressive earnings growth of 114.7% over the past year, outpacing its industry's 49.7%. Trading at 70.4% below estimated fair value suggests potential undervaluation compared to peers. The company's net debt to equity ratio is a satisfactory 24.9%, indicating a solid financial footing with interest payments well covered by EBIT at 32.3 times coverage. Recent results highlight sales of €3,380 million for the half-year ending June 2024 and net income rising to €57.92 million from €51.29 million last year, reflecting steady performance improvements despite previous one-off losses of €43.6 million impacting financials earlier this year.

ENXTPA:SAVE Earnings and Revenue Growth as at Nov 2024
ENXTPA:SAVE Earnings and Revenue Growth as at Nov 2024

Kerevitas Gida Sanayi ve Ticaret

Simply Wall St Value Rating: ★★★★☆☆

Overview: Kerevitas Gida Sanayi ve Ticaret A.S. is a Turkish company specializing in the production and trade of frozen and canned products, with a market capitalization of TRY9.45 billion.