These 16 small caps are the most expensive; and they outperformed their peers 10.5 times
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When a stock sells for $5 apiece, more often than not it is probably going to be a large cap.
But an analysis by Stockhead revealed that 16 stocks fetching this sort of price are actually still small caps – and they had a far better 2019 than their peers.
And if that isn’t impressive enough, while all other ASX small caps (below $5) are only up 9.41 per cent, these stocks have done 10.5 times better gaining 99.58 per cent.
Code | Name | Price (1pm 24-Dec) | YTD % Return | Market Cap |
---|---|---|---|---|
MAQ | MACQUARIE TELECOM GROUP LTD | 22.97 | 10 | 488.60M |
AKP | AUDIO PIXELS HOLDINGS LTD | 15.83 | -22 | 448.02M |
SFC | SCHAFFER CORP LTD | 14.59 | 13 | 199.49M |
SST | STEAMSHIPS TRADING COMPANY | 12.5 | -31 | 387.60M |
EMB | EMBELTON LTD | 11 | -14 | 23.74M |
MVP | MEDICAL DEVELOPMENTS INTERNA | 7.46 | 71 | 489.43M |
SSL | SIETEL LTD | 6.8 | -6 | 54.45M |
ONT | 1300 SMILES LTD | 6.3 | 1 | 149.17M |
PAC | PACIFIC CURRENT GROUP LTD | 6.28 | 21 | 312.17M |
ELO | ELMO SOFTWARE LTD | 6.08 | 12 | 455.58M |
TBR | TRIBUNE RESOURCES LTD | 5.95 | 52 | 330.24M |
ANO | ADVANCE NANOTEK LTD | 5.86 | 541 | 345.37M |
ABA | AUSWIDE BANK LTD | 5.8 | 16 | 244.66M |
FID | FIDUCIAN GROUP LTD | 5.6 | 50 | 176.08M |
LYL | LYCOPODIUM LTD | 5.25 | 16 | 208.59M |
PPK | PPK GROUP LTD | 5.02 | 862 | 427.21M |
The most expensive small cap is Macquarie Telecom (ASX:MAQ) at $22.97 per share. Yes it’s a telco, but not just any telco — it is the ATO’s secure internet gateway and cyber security provider.
The company also has the highest customer satisfaction rate of any telco with a Net Promoter Score of +72.
Audio Pixels (ASX:AKP) has risen over 1,000 per cent in 10 years from 15c to $15.83. It is making semi-conductor based audio speakers but is yet to commercialise them.
Third was industrial company Schaffer Corp (ASX:SFC) which had a solid year, gaining 13 per cent.
Among familiar household names on the list is Bundaberg-based lender Auswide Bank (ASX:ABA) and dental practice 1300 Smiles (ASX:ONT) — the same one that sponsored the old North Queensland stadium.
While the majority of stocks on this list made modest gains in 2019, two had breakout years.
Advance Nanotek (ASX:ANO) costs $5.86 per share and is up 541 per cent. This company makes advanced materials for use by chemists.
Its chairman is a familiar name in ASX-land: Lev Mizikovsky.
One stock that only just made the list is PPK Group (ASX:PPK). It was just under 60c at the start of the year but now sits around 862 per cent higher.
It provides equipment, safety and automation services to the mining sector – a sector that has overall had a great year.