3 ASX Penny Stocks Under A$700M Market Cap To Watch

Simply Wall St

The Australian market has recently experienced fluctuations, with the ASX 200 futures indicating a slight decline as traders consolidate post-earnings. Despite this volatility, opportunities remain for investors willing to explore beyond established names. Penny stocks, though a term from earlier market days, continue to represent smaller or newer companies that can offer significant potential. By focusing on those with strong financials and clear growth prospects, investors might uncover promising opportunities in this niche sector.

Top 10 Penny Stocks In Australia

NameShare PriceMarket CapRewards & Risks
Alfabs Australia (ASX:AAL)A$0.46A$131.83M✅ 4 ⚠️ 3 View Analysis >
EZZ Life Science Holdings (ASX:EZZ)A$2.35A$110.86M✅ 2 ⚠️ 2 View Analysis >
IVE Group (ASX:IGL)A$2.91A$449.96M✅ 4 ⚠️ 2 View Analysis >
Veris (ASX:VRS)A$0.073A$37.8M✅ 4 ⚠️ 2 View Analysis >
SHAPE Australia (ASX:SHA)A$4.02A$331.03M✅ 3 ⚠️ 1 View Analysis >
West African Resources (ASX:WAF)A$3.04A$3.47B✅ 4 ⚠️ 1 View Analysis >
Bravura Solutions (ASX:BVS)A$2.24A$1B✅ 3 ⚠️ 3 View Analysis >
Praemium (ASX:PPS)A$0.80A$382.57M✅ 4 ⚠️ 2 View Analysis >
SKS Technologies Group (ASX:SKS)A$2.88A$325.64M✅ 3 ⚠️ 1 View Analysis >
Fleetwood (ASX:FWD)A$2.89A$266.85M✅ 3 ⚠️ 2 View Analysis >

Click here to see the full list of 442 stocks from our ASX Penny Stocks screener.

Let's uncover some gems from our specialized screener.

Count (ASX:CUP)

Simply Wall St Financial Health Rating: ★★★★☆☆

Overview: Count Limited offers accounting, business advisory, and financial planning services in Australia with a market capitalization of A$172.40 million.

Operations: Count's revenue is derived from three segments: Wealth (A$42.25 million), Services (A$30.50 million), and Equity Partnerships (A$70.82 million).

Market Cap: A$172.4M

Count Limited, with a market capitalization of A$172.40 million, has demonstrated significant earnings growth of 705.3% over the past year, outperforming its industry peers. Despite this robust performance and a stable weekly volatility of 5%, the company's short-term assets exceed short-term liabilities but fall short against long-term liabilities. The management and board are experienced, contributing to well-covered interest payments and debt by operating cash flow. Recent announcements highlight increased dividends reflecting improved earnings, with net income rising from A$1.1 million to A$8.89 million year-on-year, indicating financial stability despite low return on equity at 9%.

ASX:CUP Financial Position Analysis as at Sep 2025

Civmec (ASX:CVL)

Simply Wall St Financial Health Rating: ★★★★★★

Overview: Civmec Limited is an investment holding company that offers construction and engineering services across the energy, resources, infrastructure, marine, and defense sectors in Australia with a market cap of A$610.23 million.

Operations: The company's revenue is derived from three main segments: Energy (A$65.19 million), Resources (A$641.23 million), and Infrastructure, Marine & Defence (A$104.17 million).

Market Cap: A$610.23M

Civmec Limited, with a market cap of A$610.23 million, has faced recent challenges with a decline in earnings over the past year, reporting sales of A$810.59 million compared to A$1.03 billion previously and net income dropping to A$42.54 million from A$64.41 million. Despite this, Civmec secured new contracts worth over A$600 million, enhancing its order book and reinforcing its strategic focus on growth through projects like the SEA1180 program and Fortescue's Green Iron Plant. The company's debt is well-managed with cash exceeding total debt and interest payments covered by EBIT at 16.9x coverage.

ASX:CVL Revenue & Expenses Breakdown as at Sep 2025

OM Holdings (ASX:OMH)

Simply Wall St Financial Health Rating: ★★★★★☆

Overview: OM Holdings Limited is an investment holding company involved in the global mining, smelting, trading, and marketing of manganese ores and ferroalloys, with a market cap of A$225.48 million.

Operations: The company's revenue is primarily derived from its smelting operations, which generated $498.11 million, and its marketing and trading activities, contributing $680.80 million.

Market Cap: A$225.48M

OM Holdings Limited, with a market cap of A$225.48 million, faces financial challenges as it reported a net loss of US$9.57 million for the first half of 2025 despite sales reaching US$309.28 million. The company's short-term assets exceed both its short and long-term liabilities, indicating solid liquidity management. However, interest payments are not well covered by EBIT, reflecting potential cash flow constraints. While OMH's debt to equity ratio has improved over five years to 44.1%, profitability remains elusive with negative return on equity and increasing losses over the past five years at 14.2% annually.

ASX:OMH Revenue & Expenses Breakdown as at Sep 2025

Seize The Opportunity

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.

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