Stock Analysis

Three Stocks That May Be Priced Below Their Estimated Worth In November 2024

SHSE:603871
Source: Shutterstock

As global markets navigate a complex landscape marked by fluctuating earnings reports and economic signals, investors are keenly observing the recent performance of major indices. Despite record highs in technology-focused sectors, caution prevails amid mixed labor data and ongoing manufacturing challenges. In such an environment, identifying stocks that may be undervalued becomes crucial for investors seeking opportunities where market prices do not fully reflect a company's intrinsic worth.

Top 10 Undervalued Stocks Based On Cash Flows

NameCurrent PriceFair Value (Est)Discount (Est)
Avant Group (TSE:3836)¥2034.00¥3924.2448.2%
On the Beach Group (LSE:OTB)£1.522£3.0349.8%
SEI Medical (SET:SEI)THB5.80THB11.5449.7%
SciDev (ASX:SDV)A$0.60A$1.2251%
Laboratorio Reig Jofre (BME:RJF)€2.88€5.7449.8%
Alnylam Pharmaceuticals (NasdaqGS:ALNY)US$273.01US$545.0549.9%
Shinsung E&GLtd (KOSE:A011930)₩1351.00₩2819.3352.1%
Suzhou Zelgen BiopharmaceuticalsLtd (SHSE:688266)CN¥62.62CN¥126.8950.6%
Orascom Development Holding (SWX:ODHN)CHF3.90CHF7.7949.9%
Cellnex Telecom (BME:CLNX)€32.50€64.8049.8%

Click here to see the full list of 936 stocks from our Undervalued Stocks Based On Cash Flows screener.

Let's dive into some prime choices out of the screener.

Jiayou International LogisticsLtd (SHSE:603871)

Overview: Jiayou International Logistics Co., Ltd, along with its subsidiaries, provides domestic and international multimodal transportation, logistics infrastructure investment and operation, and supply chain trade services, with a market cap of CN¥20.02 billion.

Operations: Jiayou International Logistics Ltd's revenue is derived from domestic and international multimodal transportation, logistics infrastructure investment and operation, and supply chain trade services.

Estimated Discount To Fair Value: 41.2%

Jiayou International Logistics Ltd. is trading at a significant discount, over 20% below its estimated fair value of CNY 35.58. Recent earnings reports show strong performance with net income rising to CNY 1,088.6 million for the nine months ended September 2024, up from CNY 754.75 million the previous year. Despite high non-cash earnings and a dividend not fully covered by free cash flows, forecasted revenue growth outpaces the Chinese market average at 23.5% annually.

SHSE:603871 Discounted Cash Flow as at Nov 2024
SHSE:603871 Discounted Cash Flow as at Nov 2024

Guangdong Marubi Biotechnology (SHSE:603983)

Overview: Guangdong Marubi Biotechnology Co., Ltd. operates in China, focusing on the research, development, design, production, sale, and service of cosmetics with a market capitalization of CN¥11.91 billion.

Operations: The company generates revenue primarily from its Personal Products segment, amounting to CN¥2.64 billion.

Estimated Discount To Fair Value: 5%

Guangdong Marubi Biotechnology is trading 5% below its estimated fair value of CNY 33.11. Recent earnings reports show net income increased to CNY 238.8 million for the nine months ended September 2024, up from CNY 173.83 million a year ago, with revenue expected to grow at an annual rate of 21.5%, outpacing the Chinese market average of 14%. However, its dividend yield of 1.65% is not well supported by free cash flows.

SHSE:603983 Discounted Cash Flow as at Nov 2024
SHSE:603983 Discounted Cash Flow as at Nov 2024

Shanghai MicroPort Endovascular MedTech (SHSE:688016)

Overview: Shanghai MicroPort Endovascular MedTech Co., Ltd. focuses on the development and manufacturing of minimally invasive medical devices for vascular diseases and has a market cap of approximately CN¥12.54 billion.

Operations: The company's revenue is primarily derived from its Medical Products segment, totaling CN¥1.27 billion.

Estimated Discount To Fair Value: 21.4%

Shanghai MicroPort Endovascular MedTech is trading 21.4% below its fair value estimate of CNY 134.47, with earnings growing significantly over the past year and expected to continue at 20.73% annually. Recent results show net income rose to CNY 553.34 million for the nine months ended September 2024, up from CNY 388.43 million a year ago, despite volatility in share price and dividends not well covered by free cash flows.

SHSE:688016 Discounted Cash Flow as at Nov 2024
SHSE:688016 Discounted Cash Flow as at Nov 2024

Next Steps

  • Get an in-depth perspective on all 936 Undervalued Stocks Based On Cash Flows by using our screener 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.

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