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Investors seeking to increase their exposure to growth should consider companies such as BSA and National Tyre & Wheel. Analysts are generally optimistic about the future of these stocks, based on how much they’re expected to earn and return. I would suggest taking a look at my list of companies that compare favourably in all criteria, and consider whether they would add value to your current portfolio.
BSA Limited (ASX:BSA)
BSA Limited operates as a technical services contracting company in Australia. BSA is currently run by Nicholas Yates. The company currently has a market cap of AUD A$133.24M, putting it in the small-cap stocks category
BSA’s projected future profit growth is a robust 33.38%, with an underlying 8.16% growth from its revenues expected over the upcoming years. An affirming signal is when net income increase also comes with top-line growth. Even though some cost-reduction initiatives may have also pushed up margins, in the case of BSA, it does not appear too severe. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 19.70%. BSA ticks the boxes for robust growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Thinking of investing in BSA? I recommend researching its fundamentals here.
National Tyre & Wheel Limited (ASX:NTD)
National Tyre & Wheel Limited distributes tires and wheels for passenger cars, SUVs, 4WDs, light commercial vehicles, caravans, and trailers in Australia and New Zealand. National Tyre & Wheel was established in 2001 and with the market cap of AUD A$116.28M, it falls under the small-cap stocks category.
An outstanding doubling of earnings is forecasted for NTD, driven by an underlying sales growth of 26.33% over the next few years. Though some cost-cutting activities may artificially inflate margins, it appears that this isn’t solely the case here, as profit growth is also coupled with high top-line expansion. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 17.09%. NTD’s bullish prospects on both the top and bottom lines make it an interesting stock to invest more time to understand how it can add value to your portfolio. A potential addition to your portfolio? Have a browse through its key fundamentals here.
Freelancer Limited (ASX:FLN)
Freelancer Limited operates a freelancing and crowdsourcing marketplace in Australia. Formed in 2009, and now run by Robert Barrie, the company currently employs 390 people and with the company’s market cap sitting at AUD A$196.45M, it falls under the small-cap category.