Australian Undervalued over 20% based on DCF

Wrkr

Market Cap: AU$208.0m

Provides software as a service to solve compliance needs for companies to process pay, superannuation and SMSF contributions, onboard new staff and contractors, and check credentials of new employees and contractors in Australia.

Webjet Group

Market Cap: AU$203.9m

Engages in B2C online travel business.

Betr Entertainment

Market Cap: AU$203.0m

Provides sports and racing betting products and services to online and telephone clients, via its innovative online wagering platform, and mobile applications in Australia and North America.

Waterco

Market Cap: AU$200.5m

Engages in the manufacture, wholesale, and export of equipment and accessories in the swimming pool, spa pool, spa bath, rural pump, and irrigation and water treatment sectors in Australia, New Zealand, Asia, North America, and Europe.

Mayne Pharma Group

Market Cap: AU$182.0m

A specialty pharmaceutical company, focuses on the commercialization of women’s health and dermatology pharmaceuticals in Australia, New Zealand, the United States, Canada, Europe, Asia, and internationally.

Clover

Market Cap: AU$166.1m

Engages in the production, refining, and sale of natural oils and encapsulated powders in Australia, New Zealand, Asia, Europe, the Middle East, and the Americas.

MotorCycle Holdings

Market Cap: AU$163.2m

Owns and operates motorcycle dealerships in Australia.

Frontier Digital Ventures

Market Cap: AU$159.0m

A private equity firm specializing in investing and developing online classifieds business in emerging markets.

Viva Leisure

Market Cap: AU$157.6m

Operates health clubs.

Bailador Technology Investments

Market Cap: AU$157.2m

A venture capital firm specializing in investments in series A, mid venture, growth capital, late venture and PIPESs and expansion capital in companies which have advanced through the start-up phase.

DGL Group

Market Cap: AU$152.6m

Operates as a supplier of chemical logistics and services in Australia, New Zealand, and the United States.

Alcidion Group

Market Cap: AU$134.3m

Engages in the development and licensing of healthcare software products in Australia, New Zealand, and the United Kingdom.

SomnoMed

Market Cap: AU$122.7m

SomnoMed Limited, together with its subsidiaries, produce and sells devices for the oral treatment of sleep related disorders in the Asia Pacific region, North America, and Europe.

IODM

Market Cap: AU$111.1m

Provides cloud based software as a service in Australia, New Zealand, the United States, and the United Kingdom.

NobleOak Life

Market Cap: AU$107.8m

Engages in underwriting life insurance products in Australia.

WOTSO

Market Cap: AU$106.3m

WOTSO comprises two synergistic enterprises: a flexible workspace solutions provider; and a 299 million dollars property portfolio.

Cue Energy Resources

Market Cap: AU$98.0m

An oil and gas production and exploration company, explores, develops, and produces petroleum products.

Bubs Australia

Market Cap: AU$93.9m

Manufactures and sell infant and adult chilled and powdered goat dairy products in Australia, China, the United States, and internationally.

Reef Casino Trust

Market Cap: AU$87.2m

Operates as an owner and lessor of the Reef Hotel Casino complex located in Cairns in North Queensland, Australia.

Infragreen Group

Market Cap: AU$82.5m

Engages in the recycling and waste recovery, and clean energy and transition businesses in Australia and New Zealand.

Harmoney

Market Cap: AU$80.7m

Provides secured and unsecured personal loans through online in Australia and New Zealand.

Centrepoint Alliance

Market Cap: AU$73.2m

Provides financial advice and licensee support services in Australia.

Prime Financial Group

Market Cap: AU$60.3m

Provides wealth management, corporate finance, self-managed superannuation fund (SMSF), accounting and business, and ESG advisory services in Australia.

Advanced Braking Technology

Market Cap: AU$49.7m

Engages in the research, design, development, manufacture, distribution, and sale of braking solutions worldwide.

WT Financial Group

Market Cap: AU$47.9m

Provides a range of financial services.

NGE Capital

Market Cap: AU$44.9m

Operates as an investment company in Australia.

xReality Group

Market Cap: AU$42.8m

Develops and operates physical and digital simulations in the Asia Pacific and the United States.

Comms Group

Market Cap: AU$37.7m

Provides telecommunications and information technology (IT) services to businesses in Australia, Singapore, and internationally.

Janison Education Group

Market Cap: AU$28.6m

Provides online assessment software, assessment products, and assessment services in Australia, New Zealand, Asia, and internationally.

Vitura Health

Market Cap: AU$27.2m

Engages in the sale and distribution of medicinal cannabis products in Australia.

Gale Pacific

Market Cap: AU$22.5m

Manufactures, markets, distributes, and sells branded screening, architectural shading, and commercial agricultural/horticultural fabric products.

Asset Vision Co

Market Cap: AU$21.8m

Provides enterprise asset management solutions to public sector and enterprises in Australia and internationally.

Powerhouse Ventures

Market Cap: AU$19.4m

A venture capital firm specializing in seed/startup, early venture, incubation in growth capital companies.

Camplify Holdings

Market Cap: AU$18.5m

Operates peer-to-peer digital marketplace platforms to connect recreational vehicle (RV) owners to hirers in Australia, New Zealand, Spain, United Kingdom, Germany, Austria and the Netherlands.

Finexia Financial Group

Market Cap: AU$11.2m

Operates as a specialist private credit provider focusing on delivering income returns in Australia.

Saferoads Holdings

Market Cap: AU$3.8m

Provides road safety products and solutions in Australia, Europe, Asia, New Zealand, and the United States.