Stock Analysis

Discover Penny Stocks To Watch In November 2024

SGX:BIP
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Global markets have been experiencing fluctuations as investors react to the potential policy shifts of the incoming Trump administration, with sectors like financials and energy benefiting, while others such as healthcare face challenges. In this context, penny stocks—often representing smaller or emerging companies—continue to capture investor interest due to their potential for significant value growth. While the term "penny stocks" might seem outdated, these investments remain relevant for those seeking opportunities in companies with solid financial foundations and promising prospects.

Top 10 Penny Stocks

NameShare PriceMarket CapFinancial Health Rating
BP Plastics Holding Bhd (KLSE:BPPLAS)MYR1.21MYR340.59M★★★★★★
DXN Holdings Bhd (KLSE:DXN)MYR0.48MYR2.41B★★★★★★
Rexit Berhad (KLSE:REXIT)MYR0.775MYR135.97M★★★★★★
Seafco (SET:SEAFCO)THB1.97THB1.49B★★★★★★
LaserBond (ASX:LBL)A$0.585A$70.63M★★★★★★
Hil Industries Berhad (KLSE:HIL)MYR0.87MYR288.79M★★★★★★
ME Group International (LSE:MEGP)£2.20£828.88M★★★★★★
Lever Style (SEHK:1346)HK$0.87HK$539.57M★★★★★★
Embark Early Education (ASX:EVO)A$0.80A$146.79M★★★★☆☆
Next 15 Group (AIM:NFG)£3.76£373.95M★★★★☆☆

Click here to see the full list of 5,816 stocks from our Penny Stocks screener.

Let's explore several standout options from the results in the screener.

STI Education Systems Holdings (PSE:STI)

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

Overview: STI Education Systems Holdings, Inc. operates through its subsidiaries to offer a variety of educational services in the Philippines and has a market capitalization of approximately ₱11.29 billion.

Operations: The company generates revenue of ₱4.70 billion from its educational services, which include schools, colleges, and universities.

Market Cap: ₱11.29B

STI Education Systems Holdings, Inc. has demonstrated robust financial growth, with revenue reaching ₱4.70 billion and net income at ₱1.59 billion for the year ended June 2024. The company has effectively reduced its debt to equity ratio from 52.7% to 27.4% over five years, maintaining satisfactory net debt levels and covering interest payments well with EBIT (7.7x coverage). Its short-term assets exceed both long-term and short-term liabilities, supporting financial stability. Despite a low return on equity of 15.2%, STI's earnings have grown significantly by 82.8% over the past year, outpacing industry averages, while maintaining stable weekly volatility and high-quality earnings without shareholder dilution.

PSE:STI Financial Position Analysis as at Nov 2024
PSE:STI Financial Position Analysis as at Nov 2024

Vibrant Group (SGX:BIP)

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

Overview: Vibrant Group Limited is an investment holding company involved in integrated logistics, real estate, and financial services globally with a market cap of SGD40.93 million.

Operations: The company's revenue is primarily derived from its Freight and Logistics segment at SGD132.00 million, followed by Financial Services at SGD5.20 million, and Real Estate at SGD7.25 million.

Market Cap: SGD40.93M

Vibrant Group Limited, with a market cap of SGD40.93 million, primarily generates revenue from its Freight and Logistics segment at SGD132 million. The company has seen a significant earnings growth of 242.9% over the past year despite a decline in earnings by 26.2% annually over five years, indicating potential volatility in performance. Its debt is well covered by operating cash flow (29.9%), but short-term assets only cover short-term liabilities while long-term liabilities remain uncovered. Recent board changes include the appointment of Ms. Tan Siok Chin as Lead Independent Director, enhancing governance structure amidst ongoing financial challenges and opportunities for growth within its sectors.

SGX:BIP Debt to Equity History and Analysis as at Nov 2024
SGX:BIP Debt to Equity History and Analysis as at Nov 2024

APAC Realty (SGX:CLN)

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

Overview: APAC Realty Limited is an investment holding company offering real estate services in Singapore, Indonesia, Vietnam, and internationally with a market cap of SGD136.50 million.

Operations: The company's revenue primarily comes from Real Estate Brokerage Income, amounting to SGD554.50 million, supplemented by Rental Income of SGD2.35 million.

Market Cap: SGD136.5M

APAC Realty Limited, with a market cap of SGD136.50 million, derives significant revenue from Real Estate Brokerage Income (SGD554.50 million), supplemented by Rental Income (SGD2.35 million). The company maintains a satisfactory net debt to equity ratio of 3.5%, and its interest payments are well covered by EBIT at 8.5 times coverage, indicating financial stability despite low return on equity at 6.3%. Recent board changes include the resignation of Mr. Andrew Scobie Hawkyard as Non-Independent and Non-Executive Director for personal reasons, which may impact governance dynamics but not operational capabilities directly linked to its core revenue streams.

SGX:CLN Debt to Equity History and Analysis as at Nov 2024
SGX:CLN Debt to Equity History and Analysis as at Nov 2024

Make It Happen

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Ready For A Different Approach?

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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