3 US Stocks That May Be Trading Below Estimated Value In December 2024

Dec 4, 2024
3-us-stocks-that-may-be-trading-below-estimated-value-in-december-2024

As the U.S. stock market reaches new heights with the S&P 500 and Nasdaq hitting record levels, investors are keenly observing opportunities that may still be trading below their intrinsic value amidst this post-election rally. In such a vibrant market environment, identifying stocks that appear undervalued can offer potential avenues for growth, especially when these companies show strong fundamentals or have been overlooked by the broader market sentiment.

Name

Current Price

Fair Value (Est)

Discount (Est)

UMB Financial (NasdaqGS:UMBF)

$126.05

$242.81

48.1%

First Solar (NasdaqGS:FSLR)

$207.51

$406.03

48.9%

West Bancorporation (NasdaqGS:WTBA)

$23.33

$46.41

49.7%

Business First Bancshares (NasdaqGS:BFST)

$28.05

$54.94

48.9%

Five Star Bancorp (NasdaqGS:FSBC)

$32.82

$63.31

48.2%

Privia Health Group (NasdaqGS:PRVA)

$21.66

$43.17

49.8%

First Advantage (NasdaqGS:FA)

$19.89

$38.88

48.8%

Vasta Platform (NasdaqGS:VSTA)

$2.28

$4.43

48.5%

Marcus & Millichap (NYSE:MMI)

$41.33

$81.27

49.1%

Hesai Group (NasdaqGS:HSAI)

$8.00

$15.68

49%

Click here to see the full list of 183 stocks from our Undervalued US Stocks Based On Cash Flows screener.

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

Overview: First Solar, Inc. is a solar technology company that offers photovoltaic solar energy solutions across the United States, France, Japan, Chile, and other international markets with a market cap of $22.26 billion.

Operations: The company’s revenue primarily comes from its Modules segment, which generated $3.85 billion.

Estimated Discount To Fair Value: 48.9%

First Solar is trading significantly below its estimated fair value, with a current price of US$207.51 compared to a fair value estimate of US$406.03, suggesting potential undervaluation based on cash flows. Recent earnings reports reveal strong performance, with Q3 sales at US$887.67 million and net income at US$312.96 million, reflecting robust growth over the previous year. Analysts forecast high earnings growth exceeding market averages, supported by high-quality non-cash earnings.

NasdaqGS:FSLR Discounted Cash Flow as at Dec 2024

NasdaqGS:FSLR Discounted Cash Flow as at Dec 2024

Overview: Flutter Entertainment plc is a sports betting and gaming company with operations in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally, with a market cap of approximately $49.49 billion.

Operations: The company’s revenue segments are comprised of $5.68 billion from the US, $3.44 billion from the UK and Ireland, $1.42 billion from Australia, and $3.03 billion internationally.

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