Technology
PER now <20x (next year's forecast) for a company that has grown profits >4x in 4-yrs - this DX consultant is a great example of a strong growth name where fundamentals haven't changed at all, but the share price has retraced ~50% since last Sept as foreigners (52% shareholder ratio) look for profit-taking targets. Other fallen angels in the small-mid cap growth names that the analysts at Asymmetric Advisors are keen to highlight include Descente, Sato Holdings, Shibaura Machine and TRE Holdings.
Edition: 138
- 24 June, 2022
Industrials
Hugely undervalued at 0.87x BV - massive order backlog, long lead times and high number of order enquiries, especially for its LiB seperator extruder machines, means potential for strong earnings growth for at least the next few years while operating profit margin can more than double. PER as low as 7x 3/24. A lack of analyst coverage means this stock is not as well-known as it should be. Also, it is cash rich and while management has been resistant to pressure for better pay-outs, as earnings pick up that pressure will only increase.
Edition: 131
- 18 March, 2022