Ann: AGI H1 FY18 Investor Presentation, page-30

From Simply Wall St.

https://simplywall.st/stocks/au/hou...es/news/april-top-cheap-stock-to-invest-in-2/

April Top Cheap Stock To Invest In

David Rizzo  April 9, 2018
Eagle Health Holdings and Ainsworth Game Technology are two of the stocks I have identified as undervalued. This means their current share prices are trading at levels less than what the companies are actually worth. Investors can benefit from buying these companies while they are discounted, because they gain when the market prices move towards the stocks’ true values. Below is a list of stocks I’ve compiled that are deemed undervalued based on the latest financial data.

Ainsworth Game Technology Limited (ASX:AGI)

Ainsworth Game Technology Limited designs, develops, produces, leases, sells, and services gaming machines, and other related equipment and services. Ainsworth Game Technology was formed in 1995 and has a market cap of AUD A$642.31M, putting it in the small-cap category.
AGI’s stock is now floating at around -48% less than its actual level of $3.73, at a price of AU$1.94, based on my discounted cash flow model. This discrepancy signals a potential opportunity to buy AGI shares at a low price. Additionally, AGI’s PE ratio stands at 22.93x relative to its Hospitality peer level of, 26.63x meaning that relative to its peers, AGI can be bought at a cheaper price right now. AGI is also a financially healthy company, as current assets can cover liabilities in the near term and over the long run. Interested in Ainsworth Game Technology? Find out more here.