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Yahoo
21 hours ago
- Business
- Yahoo
ASX Penny Stocks Spotlight Australian Strategic Materials And 2 More Hidden Gems
As the Australian market experiences a gradual downward trend, largely influenced by profit-taking and international tensions, investors are seeking opportunities that can withstand volatility. Penny stocks, though often considered niche investments, still hold potential for growth particularly in smaller or newer companies. When these stocks are backed by solid financial health and fundamentals, they can present underappreciated opportunities for returns without excessive risk. Name Share Price Market Cap Financial Health Rating EZZ Life Science Holdings (ASX:EZZ) A$1.50 A$70.76M ★★★★★★ GTN (ASX:GTN) A$0.65 A$124.05M ★★★★★★ IVE Group (ASX:IGL) A$2.57 A$396.25M ★★★★★☆ Southern Cross Electrical Engineering (ASX:SXE) A$1.67 A$441.56M ★★★★★★ Tasmea (ASX:TEA) A$3.08 A$725.72M ★★★★★☆ Regal Partners (ASX:RPL) A$2.25 A$756.37M ★★★★★★ Accent Group (ASX:AX1) A$1.845 A$1.11B ★★★★☆☆ Lindsay Australia (ASX:LAU) A$0.71 A$225.19M ★★★★☆☆ Bisalloy Steel Group (ASX:BIS) A$3.37 A$159.91M ★★★★★★ CTI Logistics (ASX:CLX) A$1.815 A$146.19M ★★★★☆☆ Click here to see the full list of 1,001 stocks from our ASX Penny Stocks screener. Let's review some notable picks from our screened stocks. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Australian Strategic Materials Ltd is an integrated producer of critical metals for advanced and clean technologies in Australia, with a market cap of A$116.96 million. Operations: The company's revenue is primarily derived from its operations in Korea, generating A$0.91 million, and the Dubbo Project, contributing A$1.12 million. Market Cap: A$116.96M Australian Strategic Materials Ltd is pre-revenue, with limited sales of A$1.13 million reported for the half year ending December 2024, and a net loss of A$13.96 million. Despite its unprofitability, ASM has reduced its debt to equity ratio significantly over five years from 319.6% to 8.6%, indicating improved financial management. The company has more cash than total debt and short-term assets exceeding both short- and long-term liabilities, suggesting a stable financial position despite high volatility in share price and less than one year of cash runway based on current free cash flow trends. Click to explore a detailed breakdown of our findings in Australian Strategic Materials' financial health report. Review our historical performance report to gain insights into Australian Strategic Materials' track record. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Horizon Oil Limited, with a market cap of A$292.55 million, is involved in the exploration, development, and production of oil and gas properties across China, New Zealand, and Australia. Operations: The company's revenue segments include $60.53 million from exploration and development activities in China and $34.26 million from similar operations in New Zealand. Market Cap: A$292.55M Horizon Oil Limited, with a market cap of A$292.55 million, has demonstrated financial resilience despite recent challenges. The company maintains more cash than its total debt, and its interest payments are well-covered by EBIT at 60.8 times coverage. However, Horizon's dividend yield of 15.3% is not supported by earnings or free cash flow, raising sustainability concerns. Profit margins have decreased to 14.1% from last year's 30.3%, and the company experienced negative earnings growth over the past year (-67%). Recent board changes include appointing Catherine Costello as an independent non-executive director to strengthen governance and strategic oversight. Click here and access our complete financial health analysis report to understand the dynamics of Horizon Oil. Explore historical data to track Horizon Oil's performance over time in our past results report. Simply Wall St Financial Health Rating: ★★★★★★ Overview: SHAPE Australia Corporation Limited operates in the construction, fitout, and refurbishment of commercial properties across Australia with a market cap of A$287.93 million. Operations: The company's revenue is primarily derived from its heavy construction segment, which generated A$902.63 million. Market Cap: A$287.93M SHAPE Australia Corporation Limited, with a market cap of A$287.93 million, has shown robust financial performance in the construction sector. Despite an unstable dividend track record, its earnings have grown significantly by 34.9% over the past year, surpassing both industry averages and its 5-year growth rate of 9.3% per annum. The company is debt-free and efficiently manages liabilities with short-term assets of A$209.5 million exceeding both short-term and long-term obligations. SHAPE's Return on Equity stands at an impressive 54.2%, indicating high-quality earnings and effective use of equity capital, although management tenure data remains insufficient for assessment. Jump into the full analysis health report here for a deeper understanding of SHAPE Australia. Explore SHAPE Australia's analyst forecasts in our growth report. Click here to access our complete index of 1,001 ASX Penny Stocks. Ready To Venture Into Other Investment Styles? Outshine the giants: these 25 early-stage AI stocks could fund your retirement. 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. Companies discussed in this article include ASX:ASM ASX:HZN and ASX:SHA. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
21 hours ago
- Business
- Yahoo
ASX Penny Stocks Spotlight Australian Strategic Materials And 2 More Hidden Gems
As the Australian market experiences a gradual downward trend, largely influenced by profit-taking and international tensions, investors are seeking opportunities that can withstand volatility. Penny stocks, though often considered niche investments, still hold potential for growth particularly in smaller or newer companies. When these stocks are backed by solid financial health and fundamentals, they can present underappreciated opportunities for returns without excessive risk. Name Share Price Market Cap Financial Health Rating EZZ Life Science Holdings (ASX:EZZ) A$1.50 A$70.76M ★★★★★★ GTN (ASX:GTN) A$0.65 A$124.05M ★★★★★★ IVE Group (ASX:IGL) A$2.57 A$396.25M ★★★★★☆ Southern Cross Electrical Engineering (ASX:SXE) A$1.67 A$441.56M ★★★★★★ Tasmea (ASX:TEA) A$3.08 A$725.72M ★★★★★☆ Regal Partners (ASX:RPL) A$2.25 A$756.37M ★★★★★★ Accent Group (ASX:AX1) A$1.845 A$1.11B ★★★★☆☆ Lindsay Australia (ASX:LAU) A$0.71 A$225.19M ★★★★☆☆ Bisalloy Steel Group (ASX:BIS) A$3.37 A$159.91M ★★★★★★ CTI Logistics (ASX:CLX) A$1.815 A$146.19M ★★★★☆☆ Click here to see the full list of 1,001 stocks from our ASX Penny Stocks screener. Let's review some notable picks from our screened stocks. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Australian Strategic Materials Ltd is an integrated producer of critical metals for advanced and clean technologies in Australia, with a market cap of A$116.96 million. Operations: The company's revenue is primarily derived from its operations in Korea, generating A$0.91 million, and the Dubbo Project, contributing A$1.12 million. Market Cap: A$116.96M Australian Strategic Materials Ltd is pre-revenue, with limited sales of A$1.13 million reported for the half year ending December 2024, and a net loss of A$13.96 million. Despite its unprofitability, ASM has reduced its debt to equity ratio significantly over five years from 319.6% to 8.6%, indicating improved financial management. The company has more cash than total debt and short-term assets exceeding both short- and long-term liabilities, suggesting a stable financial position despite high volatility in share price and less than one year of cash runway based on current free cash flow trends. Click to explore a detailed breakdown of our findings in Australian Strategic Materials' financial health report. Review our historical performance report to gain insights into Australian Strategic Materials' track record. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Horizon Oil Limited, with a market cap of A$292.55 million, is involved in the exploration, development, and production of oil and gas properties across China, New Zealand, and Australia. Operations: The company's revenue segments include $60.53 million from exploration and development activities in China and $34.26 million from similar operations in New Zealand. Market Cap: A$292.55M Horizon Oil Limited, with a market cap of A$292.55 million, has demonstrated financial resilience despite recent challenges. The company maintains more cash than its total debt, and its interest payments are well-covered by EBIT at 60.8 times coverage. However, Horizon's dividend yield of 15.3% is not supported by earnings or free cash flow, raising sustainability concerns. Profit margins have decreased to 14.1% from last year's 30.3%, and the company experienced negative earnings growth over the past year (-67%). Recent board changes include appointing Catherine Costello as an independent non-executive director to strengthen governance and strategic oversight. Click here and access our complete financial health analysis report to understand the dynamics of Horizon Oil. Explore historical data to track Horizon Oil's performance over time in our past results report. Simply Wall St Financial Health Rating: ★★★★★★ Overview: SHAPE Australia Corporation Limited operates in the construction, fitout, and refurbishment of commercial properties across Australia with a market cap of A$287.93 million. Operations: The company's revenue is primarily derived from its heavy construction segment, which generated A$902.63 million. Market Cap: A$287.93M SHAPE Australia Corporation Limited, with a market cap of A$287.93 million, has shown robust financial performance in the construction sector. Despite an unstable dividend track record, its earnings have grown significantly by 34.9% over the past year, surpassing both industry averages and its 5-year growth rate of 9.3% per annum. The company is debt-free and efficiently manages liabilities with short-term assets of A$209.5 million exceeding both short-term and long-term obligations. SHAPE's Return on Equity stands at an impressive 54.2%, indicating high-quality earnings and effective use of equity capital, although management tenure data remains insufficient for assessment. Jump into the full analysis health report here for a deeper understanding of SHAPE Australia. Explore SHAPE Australia's analyst forecasts in our growth report. Click here to access our complete index of 1,001 ASX Penny Stocks. Ready To Venture Into Other Investment Styles? Outshine the giants: these 25 early-stage AI stocks could fund your retirement. 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. Companies discussed in this article include ASX:ASM ASX:HZN and ASX:SHA. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
18-05-2025
- Business
- Yahoo
Do Its Financials Have Any Role To Play In Driving IVE Group Limited's (ASX:IGL) Stock Up Recently?
IVE Group (ASX:IGL) has had a great run on the share market with its stock up by a significant 20% over the last three months. We wonder if and what role the company's financials play in that price change as a company's long-term fundamentals usually dictate market outcomes. In this article, we decided to focus on IVE Group's ROE. Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. ROE can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for IVE Group is: 20% = AU$42m ÷ AU$209m (Based on the trailing twelve months to December 2024). The 'return' is the yearly profit. Another way to think of that is that for every A$1 worth of equity, the company was able to earn A$0.20 in profit. View our latest analysis for IVE Group So far, we've learned that ROE is a measure of a company's profitability. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features. To begin with, IVE Group seems to have a respectable ROE. On comparing with the average industry ROE of 3.9% the company's ROE looks pretty remarkable. Probably as a result of this, IVE Group was able to see an impressive net income growth of 29% over the last five years. We believe that there might also be other aspects that are positively influencing the company's earnings growth. For example, it is possible that the company's management has made some good strategic decisions, or that the company has a low payout ratio. Next, on comparing IVE Group's net income growth with the industry, we found that the company's reported growth is similar to the industry average growth rate of 27% over the last few years. Earnings growth is an important metric to consider when valuing a stock. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. This then helps them determine if the stock is placed for a bright or bleak future. One good indicator of expected earnings growth is the P/E ratio which determines the price the market is willing to pay for a stock based on its earnings prospects. So, you may want to check if IVE Group is trading on a high P/E or a low P/E, relative to its industry. The really high three-year median payout ratio of 103% for IVE Group suggests that the company is paying its shareholders more than what it is earning. In spite of this, the company was able to grow its earnings significantly, as we saw above. Although, it could be worth keeping an eye on the high payout ratio as that's a huge risk. You can see the 2 risks we have identified for IVE Group by visiting our risks dashboard for free on our platform here. Moreover, IVE Group is determined to keep sharing its profits with shareholders which we infer from its long history of nine years of paying a dividend. Existing analyst estimates suggest that the company's future payout ratio is expected to drop to 50% over the next three years. Despite the lower expected payout ratio, the company's ROE is not expected to change by much. In total, it does look like IVE Group has some positive aspects to its business. Especially the growth in earnings which was backed by an impressive ROE. Still, the high ROE could have been even more beneficial to investors had the company been reinvesting more of its profits. As highlighted earlier, the current reinvestment rate appears to be negligible. Having said that, the company's earnings growth is expected to slow down, as forecasted in the current analyst estimates. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
ABC News
22-04-2025
- Politics
- ABC News
Pamphlets attacking Allegra Spender for being 'weak' on antisemitism investigated
An unauthorised and anonymous pamphlet distributed in a Sydney electorate has accused independent MP Allegra Spender of being weak on antisemitism and attacked her stance on indefinite detention, ABC NEWS Verify can reveal. The document, which runs for more than a dozen pages and which ABC NEWS Verify has seen, also attempts to link Ms Spender to the Labor government. The Australian Electoral Commission (AEC) has launched an urgent investigation into the distribution of about 47,000 pamphlets in the eastern Sydney electorate of Wentworth. Speaking at a press conference on Monday, Ms Spender said the campaign was designed to undermine her and benefit her political opponents. "This pamphlet spreads false, misleading and offensive claims about me and does so anonymously," Ms Spender said at a press conference. The leaflet criticised Ms Spender's responses to antisemitic attacks. ( Supplied ) The bottom of each page of the pamphlet reads, "Produced by the people of Wentworth for the people of Wentworth", which puts the author of the pamphlet in breach of electoral law. In Australia, political communications are required to be authorised and include the name and address of the entity and the name of the person responsible for the communication. Photo shows A designed image showing an eye, a ballot paper and ballot box, pencil and social media like, love and angry symbols. During the federal election, ABC NEWS will be shining a light on the hidden campaign, revealing how you're being targeted, why and by whom, and we need your help. "The AEC takes these matters very seriously and has worked quickly to identify and make contact [with] the entity responsible for these pamphlets," the AEC said in a statement. "The AEC investigation is ongoing and it would not be appropriate to make any further comment at this stage." ABC NEWS Verify has seen the digital version of the pamphlet and understands it has also been circulating in WhatsApp groups in recent weeks. Who is behind the pamphlet? The authors of the document remain unknown, but the digital version of the pamphlet carries a clue to the company behind its printing in its filename IVE01113_Dossier 16pp Quarto 210x275_V2.indd. Photos of bundles of the pamphlet on the street show them sitting next to another bundle with the branding of printing and distribution company IVE. ABC NEWS Verify has confirmed IVE Group was the company that printed the dossier. ( IVE Group ) ABC NEWS Verify has obtained a voicemail which appears to confirm the company as the printer of the documents. In the voicemail, an employee of the company refers to the pamphlets and names another IVE employee. ABC NEWS Verify has confirmed both the person speaking and the person they named work for IVE Group. ABC NEWS Verify does not suggest the company is the author of the pamphlet, only that it printed it. The company has had links to the Liberal Party in the past. Its former executive chair, Geoff Selig, who died in 2024, was a former president of the NSW Liberal Party, while the company has previously donated to the NSW branch of the Liberal Party. ABC NEWS Verify asked the NSW Liberal Party whether it or Liberal candidate for Wentworth Ro Knox had any involvement in the production of the pamphlet. A spokesman responded that "everything we produce has our authorisation on it". "We're running a properly authorised campaign and strongly believe it's important for all election material to have the appropriate authorisation," the spokesman said in a statement. ABC NEWS Verify understands that the electoral commission has also been in contact with IVE Group as part of its investigation. IVE Group was contacted for comment. The ABC is on the hunt for any misinformation or disinformation circulating in the lead-up to the federal election. Send us a tip by filling out the form below, or if you require more secure communication, select an option from our page.
Yahoo
17-04-2025
- Business
- Yahoo
When Should You Buy IVE Group Limited (ASX:IGL)?
IVE Group Limited (ASX:IGL), is not the largest company out there, but it saw a double-digit share price rise of over 10% in the past couple of months on the ASX. The recent jump in the share price has meant that the company is trading around its 52-week high. As a small cap stock, hardly covered by any analysts, there is generally more of an opportunity for mispricing as there is less activity to push the stock closer to fair value. Is there still an opportunity here to buy? Let's take a look at IVE Group's outlook and value based on the most recent financial data to see if the opportunity still exists. Our free stock report includes 2 warning signs investors should be aware of before investing in IVE Group. Read for free now. What's The Opportunity In IVE Group? Good news, investors! IVE Group is still a bargain right now according to our price multiple model, which compares the company's price-to-earnings ratio to the industry average. We've used the price-to-earnings ratio in this instance because there's not enough visibility to forecast its cash flows. The stock's ratio of 8.88x is currently well-below the industry average of 22.28x, meaning that it is trading at a cheaper price relative to its peers. However, given that IVE Group's share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us another chance to buy in the future. This is based on its high beta, which is a good indicator for share price volatility. Check out our latest analysis for IVE Group What does the future of IVE Group look like? ASX:IGL Earnings and Revenue Growth April 17th 2025 Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. With profit expected to grow by 33% over the next couple of years, the future seems bright for IVE Group. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation. What This Means For You Are you a shareholder? Since IGL is currently below the industry PE ratio, it may be a great time to accumulate more of your holdings in the stock. With a positive outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as financial health to consider, which could explain the current price multiple.
