Undiscovered Gems None Exchange Stocks To Watch November 2024

As global markets continue to rally, with U.S. indexes approaching record highs and smaller-cap indexes outperforming their larger counterparts, investors are increasingly optimistic about the economic outlook amid strong labor market data and rising home sales. Against this backdrop of broad-based gains and a stabilizing interest rate environment, identifying promising non-exchange-listed stocks can offer unique opportunities for those looking to diversify their portfolios beyond traditional market avenues.

Top 10 Undiscovered Gems With Strong Fundamentals

Name	Debt To Equity	Revenue Growth	Earnings Growth	Health Rating
Resource Alam Indonesia	2.66%	30.36%	43.87%	★★★★★★
Impellam Group	31.12%	-5.43%	-6.86%	★★★★★★
Ovostar Union	0.01%	10.19%	49.85%	★★★★★★
Citra Tubindo	NA	11.06%	31.01%	★★★★★★
Tianyun International Holdings	10.09%	-5.59%	-9.92%	★★★★★★
MAPFRE Middlesea	NA	14.56%	1.77%	★★★★★☆
Keir International	23.18%	49.21%	-17.98%	★★★★★☆
Standard Chartered Bank Kenya	40.67%	12.22%	22.08%	★★★★☆☆
A2B Australia	15.83%	-7.78%	25.44%	★★★★☆☆
Wilson	64.79%	30.09%	68.29%	★★★★☆☆

Click here to see the full list of 4622 stocks from our Undiscovered Gems With Strong Fundamentals screener.

Let's uncover some gems from our specialized screener.

Hainan Mining (SHSE:601969)

Simply Wall St Value Rating: ★★★★★☆

Overview: Hainan Mining Co., Ltd. is involved in the mining, processing, and sale of iron ore in China, with a market capitalization of CN¥13.88 billion.

Operations: Hainan Mining generates revenue primarily from the mining, processing, and sale of iron ore. The company's net profit margin has shown notable fluctuations over recent periods.

Hainan Mining, a smaller player in the metals and mining industry, has shown notable financial resilience with earnings growing 39% over the past year, outpacing the industry's -2.7%. Despite a dip in revenue to ¥3.17 billion from ¥3.70 billion last year, net income rose to ¥546 million from ¥480 million, reflecting improved profitability. The company repurchased nearly 14 million shares for ¥76 million recently, signaling confidence in its valuation. With a price-to-earnings ratio of 20x below the CN market average of 36x and high-quality earnings reported consistently, Hainan Mining presents an intriguing prospect amidst its peers.

• Unlock comprehensive insights into our analysis of Hainan Mining stock in this health report.

• Understand Hainan Mining's track record by examining our Past report.

Center International GroupLtd (SHSE:603098)

Simply Wall St Value Rating: ★★★★★★

Overview: Center International Group Co., Ltd. specializes in providing building metal enclosure systems solutions in China and has a market capitalization of CN¥5.75 billion.

Operations: Center International Group Ltd. generates revenue primarily from its building metal enclosure systems solutions in China. The company's market capitalization is CN¥5.75 billion, reflecting its position in the industry.

Center International Group Ltd., a construction player, has seen its debt to equity ratio improve from 29.4% to 27.1% over five years, indicating prudent financial management. The company boasts more cash than total debt and enjoys strong interest coverage with EBIT at 12.9 times interest payments, suggesting robust operational health. Despite a significant one-off gain of CN¥40 million affecting recent results, earnings grew by an impressive 48% last year, outpacing the industry's -4.1%. However, past five-year earnings show a decline of nearly 40%, highlighting volatility in performance amidst positive free cash flow trends and profitability concerns addressed by recent growth rates.

• Click here and access our complete health analysis report to understand the dynamics of Center International GroupLtd.

• Evaluate Center International GroupLtd's historical performance by accessing our past performance report.

Motic (Xiamen) Electric GroupLtd (SZSE:300341)

Simply Wall St Value Rating: ★★★★★★

Overview: Motic (Xiamen) Electric Group Co., Ltd focuses on the research, development, production, and sale of insulation products and related components for electrical transmission and distribution networks within China's electrical power industry, with a market capitalization of CN¥11.04 billion.

Operations: Motic (Xiamen) Electric Group Co., Ltd generates revenue primarily from the sale of insulation products and components within China's electrical power sector. The company's net profit margin has shown a notable trend, reflecting its operational efficiency in managing production costs.

Navigating the landscape of Motic (Xiamen) Electric Group, this small player in the electrical sector shows a mixed bag of financials. Over the past five years, its debt to equity ratio impressively shrank from 16.3% to 0.3%, indicating robust financial management. However, recent earnings growth was negative at -13.7%, underperforming compared to the industry average of 1.1%. Despite this, net income for the first nine months of 2024 rose slightly to CNY 122 million from CNY 120 million last year, with basic earnings per share inching up to CNY 0.24 from CNY 0.23 previously—suggesting some resilience amidst volatility.

• Dive into the specifics of Motic (Xiamen) Electric GroupLtd here with our thorough health report.

• Learn about Motic (Xiamen) Electric GroupLtd's historical performance.

Make It Happen

• Access the full spectrum of 4622 Undiscovered Gems With Strong Fundamentals by clicking on this link.
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Looking For Alternative Opportunities?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

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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