Emerald Resources And 2 Other Undiscovered Gems In Australia
Over the last 7 days, the Australian market has remained flat. More promisingly, the market is up 15% over the past year and earnings are expected to grow by 12% per annum. In this environment, identifying stocks with strong growth potential and solid fundamentals can be particularly rewarding. Here, we explore Emerald Resources and two other undiscovered gems in Australia that could offer significant opportunities for investors.
Top 10 Undiscovered Gems With Strong Fundamentals In Australia
Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
Fiducian Group | NA | 9.94% | 6.48% | ★★★★★★ |
Sugar Terminals | NA | 3.14% | 3.53% | ★★★★★★ |
Lycopodium | NA | 17.22% | 33.85% | ★★★★★★ |
SKS Technologies Group | NA | 34.65% | 47.39% | ★★★★★★ |
Red Hill Minerals | NA | 75.05% | 36.74% | ★★★★★★ |
BSP Financial Group | 7.53% | 7.31% | 4.10% | ★★★★★☆ |
Steamships Trading | 33.60% | 4.17% | 3.90% | ★★★★★☆ |
AMCIL | NA | 5.16% | 5.31% | ★★★★★☆ |
Hearts and Minds Investments | 1.00% | 18.81% | 20.95% | ★★★★☆☆ |
A2B Australia | 15.83% | -7.78% | 25.44% | ★★★★☆☆ |
We're going to check out a few of the best picks from our screener tool.
Emerald Resources
Simply Wall St Value Rating: ★★★★★☆
Overview: Emerald Resources NL focuses on the exploration and development of mineral reserves in Cambodia and Australia, with a market cap of A$2.61 billion.
Operations: Emerald Resources NL generates revenue primarily from mine operations, amounting to A$366.04 million. The company also has a smaller revenue stream of A$5.04 million from other sources.
Emerald Resources has shown impressive earnings growth of 41.9% over the past year, significantly outpacing the Metals and Mining industry's -0.3%. Trading at 58.1% below its estimated fair value, it presents a compelling opportunity for investors. Despite an increase in debt to equity from 0% to 8.5% over five years, its interest payments are well covered by EBIT at 18.6x coverage, indicating robust financial health and high-quality earnings potential moving forward.
RPMGlobal Holdings
Simply Wall St Value Rating: ★★★★★★
Overview: RPMGlobal Holdings Limited develops and provides mining software solutions across multiple continents including Australia, Asia, the Americas, Africa, and Europe with a market cap of A$646.59 million.
Operations: RPMGlobal Holdings Limited generates revenue primarily from its Advisory segment (A$31.41 million) and Software segment (A$72.67 million). The company has a market cap of A$646.59 million.
RPMGlobal Holdings, a small-cap software firm, has been making waves with its recent inclusion in the S&P/ASX 300 and Small Ordinaries Index. For the fiscal year ending June 30, 2024, revenue rose to A$104.19 million from A$91.56 million last year while net income surged to A$8.66 million from A$3.69 million. Impressively, earnings per share doubled to A$0.038 from A$0.016 a year ago, reflecting strong financial health and growth potential in the industry.
Get an in-depth perspective on RPMGlobal Holdings' performance by reading our health report here.
Evaluate RPMGlobal Holdings' historical performance by accessing our past performance report.
Westgold Resources
Simply Wall St Value Rating: ★★★★★★
Overview: Westgold Resources Limited is involved in the exploration, operation, development, mining, and treatment of gold and other assets primarily in Western Australia with a market cap of A$2.65 billion.
Operations: Westgold Resources generates revenue primarily from its Bryah and Murchison segments, contributing A$183.25 million and A$533.23 million, respectively.
Westgold Resources, a promising player in the Australian mining sector, has demonstrated remarkable growth with earnings surging 852% over the past year. Recently added to the S&P/ASX 200 Index, Westgold's production guidance for fiscal year 2025 increased significantly to 400,000-420,000 oz from last year's 220,000-235,000 oz. The company is debt-free and reported net income of A$95.23 million for FY24 compared to A$10 million in FY23.
Click to explore a detailed breakdown of our findings in Westgold Resources' health report.
Examine Westgold Resources' past performance report to understand how it has performed in the past.
Summing It All Up
Gain an insight into the universe of 57 ASX Undiscovered Gems With Strong Fundamentals by clicking 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 ASX:EMR ASX:RUL and ASX:WGX.
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