3 ASX Penny Stocks With Market Caps Over A$10M

Dec 18, 2024
3-asx-penny-stocks-with-market-caps-over-a$10m

The Australian market has seen mixed performances recently, with the ASX200 closing slightly down and sectors like Industrials and Health Care showing strength. In this context, penny stocks may seem like a relic of past market trends, but they continue to offer unique opportunities for investors seeking growth in smaller or newer companies. With the right financial health and fundamentals, these stocks can provide potential upside without the typical risks associated with their category.

Name

Share Price

Market Cap

Financial Health Rating

Embark Early Education (ASX:EVO)

A$0.77

A$139.45M

★★★★☆☆

LaserBond (ASX:LBL)

A$0.55

A$64.47M

★★★★★★

Helloworld Travel (ASX:HLO)

A$1.91

A$311.8M

★★★★★★

Austin Engineering (ASX:ANG)

A$0.515

A$310.07M

★★★★★☆

SHAPE Australia (ASX:SHA)

A$2.87

A$236.3M

★★★★★★

MaxiPARTS (ASX:MXI)

A$1.77

A$97.91M

★★★★★★

Navigator Global Investments (ASX:NGI)

A$1.565

A$779.23M

★★★★★☆

SKS Technologies Group (ASX:SKS)

A$1.59

A$217.98M

★★★★★★

Vita Life Sciences (ASX:VLS)

A$1.78

A$102.64M

★★★★★★

Servcorp (ASX:SRV)

A$5.01

A$485.43M

★★★★☆☆

Click here to see the full list of 1,051 stocks from our ASX Penny Stocks screener.

Underneath we present a selection of stocks filtered out by our screen.

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

Overview: FOS Capital Limited, with a market cap of A$19.37 million, operates in Australia and New Zealand through its subsidiaries by manufacturing and distributing commercial luminaires, outdoor fittings, linear extruded lighting, and architectural lighting solutions.

Operations: The company’s revenue is primarily derived from its Electric Lighting & Other Fixtures segment, which generated A$24.53 million.

Market Cap: A$19.37M

FOS Capital Limited, with a market cap of A$19.37 million, has experienced moderate earnings growth of 8.7% annually over the past five years, though recent growth has slightly decelerated to 8.3%. The company’s Return on Equity is low at 6.4%, and its debt-to-equity ratio has increased to 26.8%. Despite this, FOS maintains satisfactory net debt levels and covers interest payments well with an EBIT coverage of 5.8x. Short-term assets exceed both short- and long-term liabilities, indicating financial stability despite volatile share prices and a one-off loss impacting recent results by A$600.5K.

ASX:FOS Debt to Equity History and Analysis as at Dec 2024

ASX:FOS Debt to Equity History and Analysis as at Dec 2024

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

Overview: Jatcorp Limited operates in Australia, focusing on the production and sale of dairy and nutrient products, with a market capitalization of A$30.81 million.

Leave a comment