gnc
GNC: Grain Giant - From Trough to Triumph
Updated 8 Oct 2025
Deep value agricultural infrastructure play trading at $8.62 vs $17.80 fair value. 60% ECA market share, 5.2% yield, processing expansion catalyst.
View noteHealth: Strong
gem
GEM: Childcare Giant - Playground Politics and Profit Potential
Updated 8 Oct 2025
G8 Education trades at 8.9x EV/EBITDA versus peers at 12.8x. Fair value $1.14 versus current $0.83 implies 37% upside with 94% NQS quality rating.
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EVN: Gold Mining Giant - Peak Performance, Perfect Storm
Updated 8 Oct 2025
Evolution Mining analysis reveals fair value $2.49 with deteriorating outlook. Strong operations face commodity normalisation and margin compression over forecast period.
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CAR: Digital Marketplace Monarch - Cruising in the Slow Lane
Updated 8 Oct 2025
High-quality digital automotive marketplace leader trading at fair value. $38.76 fair value vs $37.53 current price implies 3.3% upside with defensive growth characteristics.
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BTI: Listed Venture Capital Pioneer - Liquid Gold in the Tech Rush
Updated 8 Oct 2025
BTI trades at 21% discount to $1.64 NAV despite 33% portfolio IRR. Fair value $1.61 implies 33% upside with 6% franked yield.
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BFG: Financial Services Transformer - Platform Play with Fortress Balance Sheet
Updated 8 Oct 2025
Bell Financial Group trades at $1.23 versus $2.34 fair value, offering 90% upside through platform transformation with $96.8m net cash providing downside protection.
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AZJ: Rail Infrastructure Giant - Coal's Decline, Critical Minerals' Rise
Updated 8 Oct 2025
Aurizon trades at $3.27 vs fair value $5.39, offering 65% upside through monopoly infrastructure resilience and critical minerals diversification despite coal transition headwinds.
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AHL: Industrial Manufacturer - Squeezed in the Middle, Searching for an Edge
Updated 8 Oct 2025
Adrad Holdings: Fair value $0.95 vs current $0.66 (44% upside). HOLD rating. Industrial manufacturer with 4.9% market share, 10.8% EBITDA margins compressing, ROIC 6.4% destroying value. Data centre exposure offset by Asian competition and execution risks.
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TPW: Online Furniture Pioneer - Margin Magic or Amazon's Next Target?
Updated 8 Oct 2025
Temple & Webster fair value $7.76, EBITDA margins expanding 3.1% to 4.5% peak, 70% Amazon expansion risk, 12.8% ROIC, growth-oriented investors
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SXE: Infrastructure Services Transformer - Safety First, Growth Second
Updated 8 Oct 2025
BUY rating with $2.19 fair value vs $1.94 current price. 24.8% ROIC, debt-free balance sheet, 21-year safety record. Infrastructure supercycle exposure.
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PYC: RNA Therapeutics Pioneer - Platform Validated, Value Undervalued
Updated 8 Oct 2025
Clinical-stage RNA therapeutics with validated platform technology trading at $1.26 versus $14.41 fair value, offering 1,044% upside potential for growth investors.
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NHF: Health Insurer - Transformation Prescription Needs Filling
Updated 8 Oct 2025
Australia's #4 health insurer trades 15% above A$6.48 fair value. Strong 15.1% ROIC offset by transformation execution risks. Quality franchise, challenging outlook.
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