Stock Analysis

3 Stocks That Could Be Undervalued By Up To 48.2%

SZSE:002459
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In a week marked by cautious earnings reports and mixed economic signals, global markets have experienced volatility, with major indices like the Nasdaq Composite and S&P MidCap 400 Index reaching highs before retreating. Amid these fluctuations, investors may find opportunities in stocks that appear undervalued, particularly those with strong fundamentals that could potentially weather the current market uncertainties.

Top 10 Undervalued Stocks Based On Cash Flows

NameCurrent PriceFair Value (Est)Discount (Est)
Provident Financial Services (NYSE:PFS)US$18.85US$37.4849.7%
Proya CosmeticsLtd (SHSE:603605)CN¥97.24CN¥194.4750%
Arteche Lantegi Elkartea (BME:ART)€6.10€12.2050%
Elica (BIT:ELC)€1.725€3.4449.8%
Beyout Investment Group Holding Company - K.S.C. (Holding) (KWSE:BEYOUT)KWD0.395KWD0.7950%
Bangkok Genomics Innovation (SET:BKGI)THB2.68THB5.3549.9%
BayCurrent Consulting (TSE:6532)¥4902.00¥9762.9349.8%
Redcentric (AIM:RCN)£1.20£2.3949.8%
Beijing LeiKe Defense Technology (SZSE:002413)CN¥4.72CN¥9.3949.8%
Alnylam Pharmaceuticals (NasdaqGS:ALNY)US$273.91US$546.1449.8%

Click here to see the full list of 955 stocks from our Undervalued Stocks Based On Cash Flows screener.

We'll examine a selection from our screener results.

Maire (BIT:MAIRE)

Overview: MAIRE S.p.A. develops and implements solutions for the energy transition, with a market cap of €2.30 billion.

Operations: The company's revenue primarily comes from Integrated E&C Solutions, contributing €4.98 billion, and Sustainable Technology Solutions, adding €321.47 million.

Estimated Discount To Fair Value: 48.2%

Maire S.p.A. appears significantly undervalued, trading at €7.04, which is 48.2% below its estimated fair value of €13.58 based on discounted cash flow analysis. Recent earnings show strong growth with net income rising to €137.61 million from €82.2 million a year ago and revenue increasing to €4.13 billion from €3.09 billion, suggesting robust operational performance despite an unstable dividend track record and modest buyback activity.

BIT:MAIRE Discounted Cash Flow as at Nov 2024
BIT:MAIRE Discounted Cash Flow as at Nov 2024

JA Solar Technology (SZSE:002459)

Overview: JA Solar Technology Co., Ltd. is a Chinese company specializing in the production and processing of monocrystalline silicon rods and wafers, with a market cap of approximately CN¥59.58 billion.

Operations: The company's revenue is primarily derived from the production and processing of monocrystalline silicon rods and wafers in China.

Estimated Discount To Fair Value: 28.4%

JA Solar Technology Co., Ltd. is trading at CNY 18.15, significantly below its fair value estimate of CNY 25.36, indicating potential undervaluation based on discounted cash flow analysis. Despite recent financial challenges, including a net loss of CNY 484.36 million for the nine months ended September 2024, the company is forecast to achieve profitability within three years with earnings expected to grow by over 73% annually, although interest payments remain inadequately covered by earnings.

SZSE:002459 Discounted Cash Flow as at Nov 2024
SZSE:002459 Discounted Cash Flow as at Nov 2024

AtkinsRéalis Group (TSX:ATRL)

Overview: AtkinsRéalis Group is an integrated professional services and project management company with global operations, and it has a market cap of CA$11.88 billion.

Operations: The company's revenue segments include Capital at CA$127.40 million, Nuclear at CA$1.20 billion, LSTK Projects at CA$318.44 million, and a Segment Adjustment of CA$7.46 billion.

Estimated Discount To Fair Value: 37.9%

AtkinsRéalis Group is trading at CA$67.96, significantly below its estimated fair value of CA$109.39, suggesting it may be undervalued based on discounted cash flow analysis. Despite debt not being well covered by operating cash flow, earnings are forecast to grow significantly at 26.3% annually over the next three years, outpacing the Canadian market's growth rate. Recent strategic partnerships in infrastructure and environmental projects further bolster its growth prospects and revenue streams.

TSX:ATRL Discounted Cash Flow as at Nov 2024
TSX:ATRL Discounted Cash Flow as at Nov 2024

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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.

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