<p>隨着全球市場在利率削減的預期和持續的人工智能熱潮中航行，小型股展現出韌性，像羅素 2000 這樣的指數持續上漲。在這種環境下，識別有前景的小型股通常涉及尋找那些表現出強勁內部交易活動的公司，因為這可能表明在不斷變化的經濟條件下對公司潛力的信心。</p>
<h3>全球十大被低估的小型股及內部買入</h3>
<table>
<thead>
<tr>
<th>名稱</th>
<th>市盈率</th>
<th>市銷率</th>
<th>公允價值折扣</th>
<th>價值評級</th>
</tr>
</thead>
<tbody>
<tr>
<td>GDI 綜合設施服務</td>
<td>18.3 倍</td>
<td>0.3 倍</td>
<td>4.16%</td>
<td>★★★★★☆</td>
</tr>
<tr>
<td>Bytes 科技集團</td>
<td>18.2 倍</td>
<td>4.6 倍</td>
<td>7.72%</td>
<td>★★★★☆☆</td>
</tr>
<tr>
<td>Hung Hing 印刷集團</td>
<td>不適用</td>
<td>0.4 倍</td>
<td>43.71%</td>
<td>★★★★☆☆</td>
</tr>
<tr>
<td>Sagicor 金融</td>
<td>7.6 倍</td>
<td>0.4 倍</td>
<td>-79.85%</td>
<td>★★★★☆☆</td>
</tr>
<tr>
<td>Daiwa House 物流信託</td>
<td>13.4 倍</td>
<td>7.0 倍</td>
<td>10.28%</td>
<td>★★★★☆☆</td>
</tr>
<tr>
<td>Asante 黃金</td>
<td>不適用</td>
<td>1.4 倍</td>
<td>23.93%</td>
<td>★★★★☆☆</td>
</tr>
<tr>
<td>Pizu 集團控股</td>
<td>12.3 倍</td>
<td>1.2 倍</td>
<td>40.52%</td>
<td>★★★☆☆☆</td>
</tr>
<tr>
<td>Chinasoft 國際</td>
<td>25.3 倍</td>
<td>0.8 倍</td>
<td>-1221.93%</td>
<td>★★★☆☆☆</td>
</tr>
<tr>
<td>Morguard 北美住宅房地產投資信託</td>
<td>6.8 倍</td>
<td>1.8 倍</td>
<td>18.31%</td>
<td>★★★☆☆☆</td>
</tr>
<tr>
<td>CVS 集團</td>
<td>45.3 倍</td>
<td>1.3 倍</td>
<td>37.86%</td>
<td>★★★☆☆☆</td>
</tr>
</tbody>
</table>
<p>點擊這裏查看我們被低估的全球小型股及內部買入篩選器中的 106 只股票的完整列表。</p>
<p>讓我們更仔細地看看我們從篩選公司中挑選的幾隻股票。</p>
<h2>Morguard 北美住宅房地產投資信託 (TSX:MRG.UN)</h2>
<p><strong>Simply Wall St 價值評級：</strong> ★★★☆☆☆</p>
<p><strong>概述：</strong> Morguard 北美住宅房地產投資信託在多套住宅房地產領域運營，專注於在北美收購和管理住宅物業，市值為 15.7 億加元。</p>
<p><strong>運營：</strong> 主要收入來源於多套住宅房地產，收入為 3.5851 億加元。毛利率在各個時期表現出波動，最近的數字為 52.98%。運營費用記錄為 2288 萬加元，影響了淨收入，最後報告的淨收入為 9505 萬加元，淨收入率為 26.51%。</p>
<p><strong>市盈率：</strong> 6.8 倍</p>
<p>Morguard 北美住宅房地產投資信託作為市場中的小型參與者，顯示出內部信心，Bruce Robertson 收購了價值 305,893 加元的 16,100 股。儘管淨利潤率從 40.2% 下降到 26.5%，該公司仍保持每單位 0.06333 加元的穩定月度分紅，並在 2025 年 6 月完成了 629,617 股的股份回購，金額為 1081 萬加元。過去五年，收益年均下降 13.6%；然而，最近的銷售數據顯示 2025 年第二季度和截至 2025 年 6 月的六個月同比略有增長。</p>
<ul>
<li>在這裏深入瞭解 Morguard 北美住宅房地產投資信託的完整分析估值報告。</li>
<li>通過我們的過去報告獲取關於 Morguard 北美住宅房地產投資信託的歷史趨勢和表現的見解。</li>
</ul>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/019d0d4e-0f2f-4802-ab66-578225dd798b/chart/dcf?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/019d0d4e-0f2f-4802-ab66-578225dd798b/chart/dcf?"/></p>
<p>截至 2025 年 9 月 TSX:MRG.UN 股價與價值對比</p>
<h2>Obsidian Energy (TSX:OBE)</h2>
<p><strong>Simply Wall St 價值評級：</strong> ★★★☆☆☆</p>
<p><strong>概述：</strong> Obsidian Energy 是一家加拿大的石油和天然氣勘探及生產公司，市值為 5.7 億加元，專注於開發其在西加拿大沉積盆地的資產。</p>
<p><strong>運營：</strong> 該公司主要通過石油和天然氣勘探及生產活動產生收入，毛利率在 2022 年中期達到 71.53%，到 2025 年中期下降至 60.48%。運營費用波動顯著，偶爾因調整或逆轉而出現負值。一般及行政費用在分析期間通常保持在每季度 5000 萬加元以下。</p>
<p><strong>市盈率：</strong> -2.6 倍</p>
<p>Obsidian Energy 作為能源領域的小型公司，目前正在運營多個鑽井平台，並在 Peace River 和 Willesden Green 投入了多個井口進行生產。最近的運營更新表明，新的井口初始生產率表現良好。該公司還積極管理其財務義務，贖回了 3000 萬美元的高級無擔保票據以減少利息支出。此外，內部信心通過在 2025 年 4 月至 7 月之間進行的 5150 萬加元的股份回購表現明顯，儘管過去的收益面臨挑戰，但這表明潛在的增長機會。</p>
<ul>
<li>在此估值報告中解鎖我們對 Obsidian Energy 股票的全面見解。</li>
<li>通過查看我們的過去報告瞭解 Obsidian Energy 的歷史記錄。</li>
</ul>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/372cec54-8715-4eaf-ab28-345ee40bea34/chart/ownership-breakdown?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/372cec54-8715-4eaf-ab28-345ee40bea34/chart/ownership-breakdown?"/></p>
<p>截至 2025 年 9 月 TSX:OBE 股權結構</p>
<h2>Versamet Royalties (TSXV:VMET)</h2>
<p><strong>Simply Wall St 價值評級：</strong> ★★★☆☆☆</p>
<p><strong>概述：</strong> Versamet Royalties 專注於收購和管理礦業領域的特許權利益，市值約為 15 億加元。</p>
<p><strong>運營：</strong> Versamet Royalties 主要通過其在加拿大 Greenstone 部門產生收入，貢獻 1178 萬加元，以及在墨西哥 Mercedes 部門貢獻 208 萬加元。該公司在 2023 年報告的毛利率為 55.52%，但到 2025 年 3 月因銷售成本顯著增加而下降至 15.39%。儘管收入在 2025 年 9 月達到 1471 萬加元，但由於大量的運營和非運營費用影響盈利能力，淨收入在所有審查期間均為負值。</p>
<p><strong>市盈率：</strong> -371.8 倍</p>
<p>Versamet Royalties 是一家較小的投資公司，儘管面臨一些風險，但顯示出增長潛力。他們完全依賴外部借款，這增加了財務風險，但也表明了戰略槓桿的運用。董事 Marcel de Groot 的內部信心顯而易見，最近購買了 28,600 股，價值約為 146,000 加元。2025 年 9 月 12 日發生了股票拆分，可能會增加流動性並吸引更多投資者。他們的收益預計將每年增長超過 43%，顯示出良好的未來前景。</p>
<ul>
<li>通過閲讀我們的估值報告，深入瞭解 Versamet Royalties 的表現。</li>
<li>查看 Versamet Royalties 的歷史表現報告，以瞭解其過去的表現。</li>
</ul>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/4347687f-b269-42e9-9138-1213da073b89/chart/dcf?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/4347687f-b269-42e9-9138-1213da073b89/chart/dcf?"/></p>
<p>TSXV:VMET 股價與截至 2025 年 9 月的價值對比</p>
<h2>關鍵要點</h2>
<ul>
<li>點擊這裏訪問我們完整的 106 個被低估的全球小型股及其內部購買的索引。</li>
<li>這些是否是您資產組合的一部分？利用 Simply Wall St 的投資組合分析功能，全面瞭解它們的表現。</li>
<li>利用 Simply Wall St，最大化您的投資潛力，這是一款提供全球市場洞察的綜合應用，免費使用。</li>
</ul>
<h2>尋找新視角？</h2>
<ul>
<li>探索尚未獲得顯著分析師關注的高表現小型公司。</li>
<li>用顯示強勁增長潛力的公司來充實您的投資組合，這些公司得到了分析師和管理層的樂觀展望支持。</li>
<li>尋找現金流潛力良好但交易價格低於其公允價值的公司。</li>
</ul>
<p><em>這篇文章由 Simply Wall St 撰寫，內容具有一般性。<strong>我們提供基於歷史數據和分析師預測的評論，僅使用無偏見的方法，我們的文章並不構成財務建議。</strong> 它不構成購買或出售任何股票的推薦，也未考慮您的目標或財務狀況。我們的目標是為您提供以基本數據驅動的長期分析。請注意，我們的分析可能未考慮最新的價格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中沒有持倉。</em></p>

<p>這篇文章討論了三隻被低估的小型股，這些股票在全球市場波動和人工智能熱潮中表現出顯著的內部交易活動。文章重點介紹了 Morguard 北美住宅房地產投資信託基金、Obsidian Energy 和 Versamet Royalties，詳細説明了它們的市場地位、財務表現以及通過股票購買所體現的內部人士信心。分析強調了儘管面臨各種挑戰，這些公司的增長潛力，暗示它們可能在當前經濟環境中成為有吸引力的投資機會</p>

<p>As global markets navigate the anticipation of interest rate cuts and the ongoing AI boom, small-cap stocks have shown resilience, with indices like the Russell 2000 logging consistent gains. In this environment, identifying promising small-cap stocks often involves looking for those demonstrating strong insider activity, as it can signal confidence in a company's potential amidst evolving economic conditions.</p>
<div class="lb-trans"><p>隨着全球市場在利率削減的預期和持續的人工智能熱潮中航行，小型股展現出韌性，像羅素 2000 這樣的指數持續上漲。在這種環境下，識別有前景的小型股通常涉及尋找那些表現出強勁內部交易活動的公司，因為這可能表明在不斷變化的經濟條件下對公司潛力的信心。</p>
</div><h3>Top 10 Undervalued Small Caps With Insider Buying Globally</h3>
<div class="lb-trans"><h3>全球十大被低估的小型股及內部買入</h3>
</div><table>
<thead>
<tr>
<th>Name</th>
<th>PE</th>
<th>PS</th>
<th>Discount to Fair Value</th>
<th>Value Rating</th>
</tr>
</thead>
<tbody>
<tr>
<td>GDI Integrated Facility Services</td>
<td>18.3x</td>
<td>0.3x</td>
<td>4.16%</td>
<td>★★★★★☆</td>
</tr>
<tr>
<td>Bytes Technology Group</td>
<td>18.2x</td>
<td>4.6x</td>
<td>7.72%</td>
<td>★★★★☆☆</td>
</tr>
<tr>
<td>Hung Hing Printing Group</td>
<td>NA</td>
<td>0.4x</td>
<td>43.71%</td>
<td>★★★★☆☆</td>
</tr>
<tr>
<td>Sagicor Financial</td>
<td>7.6x</td>
<td>0.4x</td>
<td>-79.85%</td>
<td>★★★★☆☆</td>
</tr>
<tr>
<td>Daiwa House Logistics Trust</td>
<td>13.4x</td>
<td>7.0x</td>
<td>10.28%</td>
<td>★★★★☆☆</td>
</tr>
<tr>
<td>Asante Gold</td>
<td>NA</td>
<td>1.4x</td>
<td>23.93%</td>
<td>★★★★☆☆</td>
</tr>
<tr>
<td>Pizu Group Holdings</td>
<td>12.3x</td>
<td>1.2x</td>
<td>40.52%</td>
<td>★★★☆☆☆</td>
</tr>
<tr>
<td>Chinasoft International</td>
<td>25.3x</td>
<td>0.8x</td>
<td>-1221.93%</td>
<td>★★★☆☆☆</td>
</tr>
<tr>
<td>Morguard North American Residential Real Estate Investment Trust</td>
<td>6.8x</td>
<td>1.8x</td>
<td>18.31%</td>
<td>★★★☆☆☆</td>
</tr>
<tr>
<td>CVS Group</td>
<td>45.3x</td>
<td>1.3x</td>
<td>37.86%</td>
<td>★★★☆☆☆</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th>名稱</th>
<th>市盈率</th>
<th>市銷率</th>
<th>公允價值折扣</th>
<th>價值評級</th>
</tr>
</thead>
<tbody>
<tr>
<td>GDI 綜合設施服務</td>
<td>18.3 倍</td>
<td>0.3 倍</td>
<td>4.16%</td>
<td>★★★★★☆</td>
</tr>
<tr>
<td>Bytes 科技集團</td>
<td>18.2 倍</td>
<td>4.6 倍</td>
<td>7.72%</td>
<td>★★★★☆☆</td>
</tr>
<tr>
<td>Hung Hing 印刷集團</td>
<td>不適用</td>
<td>0.4 倍</td>
<td>43.71%</td>
<td>★★★★☆☆</td>
</tr>
<tr>
<td>Sagicor 金融</td>
<td>7.6 倍</td>
<td>0.4 倍</td>
<td>-79.85%</td>
<td>★★★★☆☆</td>
</tr>
<tr>
<td>Daiwa House 物流信託</td>
<td>13.4 倍</td>
<td>7.0 倍</td>
<td>10.28%</td>
<td>★★★★☆☆</td>
</tr>
<tr>
<td>Asante 黃金</td>
<td>不適用</td>
<td>1.4 倍</td>
<td>23.93%</td>
<td>★★★★☆☆</td>
</tr>
<tr>
<td>Pizu 集團控股</td>
<td>12.3 倍</td>
<td>1.2 倍</td>
<td>40.52%</td>
<td>★★★☆☆☆</td>
</tr>
<tr>
<td>Chinasoft 國際</td>
<td>25.3 倍</td>
<td>0.8 倍</td>
<td>-1221.93%</td>
<td>★★★☆☆☆</td>
</tr>
<tr>
<td>Morguard 北美住宅房地產投資信託</td>
<td>6.8 倍</td>
<td>1.8 倍</td>
<td>18.31%</td>
<td>★★★☆☆☆</td>
</tr>
<tr>
<td>CVS 集團</td>
<td>45.3 倍</td>
<td>1.3 倍</td>
<td>37.86%</td>
<td>★★★☆☆☆</td>
</tr>
</tbody>
</table>
</div><p>Click here to see the full list of 106 stocks from our Undervalued Global Small Caps With Insider Buying screener.</p>
<div class="lb-trans"><p>點擊這裏查看我們被低估的全球小型股及內部買入篩選器中的 106 只股票的完整列表。</p>
</div><p>Let's take a closer look at a couple of our picks from the screened companies.</p>
<div class="lb-trans"><p>讓我們更仔細地看看我們從篩選公司中挑選的幾隻股票。</p>
</div><h2>Morguard North American Residential Real Estate Investment Trust (TSX:MRG.UN)</h2>
<div class="lb-trans"><h2>Morguard 北美住宅房地產投資信託 (TSX:MRG.UN)</h2>
</div><p><strong>Simply Wall St Value Rating:</strong> ★★★☆☆☆</p>
<div class="lb-trans"><p><strong>Simply Wall St 價值評級：</strong> ★★★☆☆☆</p>
</div><p><strong>Overview:</strong> Morguard North American Residential Real Estate Investment Trust operates in the multi-suite residential real estate sector, focusing on acquiring and managing residential properties across North America, with a market capitalization of CA$1.57 billion.</p>
<div class="lb-trans"><p><strong>概述：</strong> Morguard 北美住宅房地產投資信託在多套住宅房地產領域運營，專注於在北美收購和管理住宅物業，市值為 15.7 億加元。</p>
</div><p><strong>Operations:</strong> The primary revenue stream comes from multi-suite residential real estate, generating CA$358.51 million. Gross profit margin has shown variability over the periods, with a recent figure of 52.98%. Operating expenses have been recorded at CA$22.88 million, impacting net income which was last reported at CA$95.05 million with a net income margin of 26.51%.</p>
<div class="lb-trans"><p><strong>運營：</strong> 主要收入來源於多套住宅房地產，收入為 3.5851 億加元。毛利率在各個時期表現出波動，最近的數字為 52.98%。運營費用記錄為 2288 萬加元，影響了淨收入，最後報告的淨收入為 9505 萬加元，淨收入率為 26.51%。</p>
</div><p><strong>PE:</strong> 6.8x</p>
<div class="lb-trans"><p><strong>市盈率：</strong> 6.8 倍</p>
</div><p>Morguard North American Residential Real Estate Investment Trust, a smaller player in the market, has shown insider confidence with Bruce Robertson acquiring 16,100 shares valued at C$305,893. Despite a drop in net profit margins from 40.2% to 26.5%, the company maintains consistent monthly dividends of C$0.06333 per unit and completed a share repurchase of 629,617 shares for C$10.81 million by June 2025. Earnings have declined annually by 13.6% over five years; however, recent sales figures show slight growth year-over-year for Q2 and six months ending June 2025.</p>
<div class="lb-trans"><p>Morguard 北美住宅房地產投資信託作為市場中的小型參與者，顯示出內部信心，Bruce Robertson 收購了價值 305,893 加元的 16,100 股。儘管淨利潤率從 40.2% 下降到 26.5%，該公司仍保持每單位 0.06333 加元的穩定月度分紅，並在 2025 年 6 月完成了 629,617 股的股份回購，金額為 1081 萬加元。過去五年，收益年均下降 13.6%；然而，最近的銷售數據顯示 2025 年第二季度和截至 2025 年 6 月的六個月同比略有增長。</p>
</div><ul>
<li>Delve into the full analysis valuation report here for a deeper understanding of Morguard North American Residential Real Estate Investment Trust.</li>
<li>Gain insights into Morguard North American Residential Real Estate Investment Trust's past trends and performance with our Past report.</li>
</ul>
<div class="lb-trans"><ul>
<li>在這裏深入瞭解 Morguard 北美住宅房地產投資信託的完整分析估值報告。</li>
<li>通過我們的過去報告獲取關於 Morguard 北美住宅房地產投資信託的歷史趨勢和表現的見解。</li>
</ul>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/019d0d4e-0f2f-4802-ab66-578225dd798b/chart/dcf?" alt="" original-src="https://images.simplywall.st/company/019d0d4e-0f2f-4802-ab66-578225dd798b/chart/dcf?"/></p>
<p>TSX:MRG.UN Share price vs Value as at Sep 2025</p>
<div class="lb-trans"><p>截至 2025 年 9 月 TSX:MRG.UN 股價與價值對比</p>
</div><h2>Obsidian Energy (TSX:OBE)</h2>
<div class="lb-trans"><h2>Obsidian Energy (TSX:OBE)</h2>
</div><p><strong>Simply Wall St Value Rating:</strong> ★★★☆☆☆</p>
<div class="lb-trans"><p><strong>Simply Wall St 價值評級：</strong> ★★★☆☆☆</p>
</div><p><strong>Overview:</strong> Obsidian Energy is a Canadian oil and gas exploration and production company with a market cap of CA$0.57 billion, focusing on the development of its assets in the Western Canadian Sedimentary Basin.</p>
<div class="lb-trans"><p><strong>概述：</strong> Obsidian Energy 是一家加拿大的石油和天然氣勘探及生產公司，市值為 5.7 億加元，專注於開發其在西加拿大沉積盆地的資產。</p>
</div><p><strong>Operations:</strong> The company generates revenue primarily from its oil and gas exploration and production activities, with a gross profit margin that reached 71.53% in mid-2022 before declining to 60.48% by mid-2025. Operating expenses have varied significantly, occasionally showing negative values due to adjustments or reversals. General &amp; administrative expenses have generally remained below CA$50 million per quarter during the analyzed period.</p>
<div class="lb-trans"><p><strong>運營：</strong> 該公司主要通過石油和天然氣勘探及生產活動產生收入，毛利率在 2022 年中期達到 71.53%，到 2025 年中期下降至 60.48%。運營費用波動顯著，偶爾因調整或逆轉而出現負值。一般及行政費用在分析期間通常保持在每季度 5000 萬加元以下。</p>
</div><p><strong>PE:</strong> -2.6x</p>
<div class="lb-trans"><p><strong>市盈率：</strong> -2.6 倍</p>
</div><p>Obsidian Energy, a smaller company in the energy sector, is currently operating multiple drilling rigs and has released several wells into production in Peace River and Willesden Green. Recent operational updates indicate ongoing development with promising initial production rates from new wells. The firm has also been proactive in managing its financial obligations, redeeming US$30 million of senior unsecured notes to reduce interest expenses. Additionally, insider confidence is evident through significant share repurchases amounting to CAD 51.5 million between April and July 2025, indicating potential growth opportunities despite past earnings challenges.</p>
<div class="lb-trans"><p>Obsidian Energy 作為能源領域的小型公司，目前正在運營多個鑽井平台，並在 Peace River 和 Willesden Green 投入了多個井口進行生產。最近的運營更新表明，新的井口初始生產率表現良好。該公司還積極管理其財務義務，贖回了 3000 萬美元的高級無擔保票據以減少利息支出。此外，內部信心通過在 2025 年 4 月至 7 月之間進行的 5150 萬加元的股份回購表現明顯，儘管過去的收益面臨挑戰，但這表明潛在的增長機會。</p>
</div><ul>
<li>Unlock comprehensive insights into our analysis of Obsidian Energy stock in this valuation report.</li>
<li>Understand Obsidian Energy's track record by examining our Past report.</li>
</ul>
<div class="lb-trans"><ul>
<li>在此估值報告中解鎖我們對 Obsidian Energy 股票的全面見解。</li>
<li>通過查看我們的過去報告瞭解 Obsidian Energy 的歷史記錄。</li>
</ul>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/372cec54-8715-4eaf-ab28-345ee40bea34/chart/ownership-breakdown?" alt="" original-src="https://images.simplywall.st/company/372cec54-8715-4eaf-ab28-345ee40bea34/chart/ownership-breakdown?"/></p>
<p>TSX:OBE Ownership Breakdown as at Sep 2025</p>
<div class="lb-trans"><p>截至 2025 年 9 月 TSX:OBE 股權結構</p>
</div><h2>Versamet Royalties (TSXV:VMET)</h2>
<div class="lb-trans"><h2>Versamet Royalties (TSXV:VMET)</h2>
</div><p><strong>Simply Wall St Value Rating:</strong> ★★★☆☆☆</p>
<div class="lb-trans"><p><strong>Simply Wall St 價值評級：</strong> ★★★☆☆☆</p>
</div><p><strong>Overview:</strong> Versamet Royalties focuses on acquiring and managing royalty interests in the mining sector, with a market cap of approximately $1.5 billion.</p>
<div class="lb-trans"><p><strong>概述：</strong> Versamet Royalties 專注於收購和管理礦業領域的特許權利益，市值約為 15 億加元。</p>
</div><p><strong>Operations:</strong> Versamet Royalties generates revenue primarily from its Greenstone, Canada segment, contributing $11.78 million, and Mercedes, Mexico segment at $2.08 million. The company reported a gross profit margin of 55.52% in 2023 but saw a decline to 15.39% by March 2025 as cost of goods sold increased significantly over the periods analyzed. Despite growing revenues reaching $14.71 million by September 2025, net income remained negative across all periods reviewed due to substantial operating and non-operating expenses impacting profitability.</p>
<div class="lb-trans"><p><strong>運營：</strong> Versamet Royalties 主要通過其在加拿大 Greenstone 部門產生收入，貢獻 1178 萬加元，以及在墨西哥 Mercedes 部門貢獻 208 萬加元。該公司在 2023 年報告的毛利率為 55.52%，但到 2025 年 3 月因銷售成本顯著增加而下降至 15.39%。儘管收入在 2025 年 9 月達到 1471 萬加元，但由於大量的運營和非運營費用影響盈利能力，淨收入在所有審查期間均為負值。</p>
</div><p><strong>PE:</strong> -371.8x</p>
<div class="lb-trans"><p><strong>市盈率：</strong> -371.8 倍</p>
</div><p>Versamet Royalties, a smaller company in the investment landscape, shows potential for growth despite some risks. They rely entirely on external borrowing, which adds financial risk but also indicates strategic leveraging. Director Marcel de Groot's insider confidence is evident with their recent purchase of 28,600 shares valued at approximately C$146,000. A stock split occurred on September 12, 2025, potentially increasing liquidity and attracting more investors. Their earnings are projected to grow by over 43% annually, indicating promising future prospects.</p>
<div class="lb-trans"><p>Versamet Royalties 是一家較小的投資公司，儘管面臨一些風險，但顯示出增長潛力。他們完全依賴外部借款，這增加了財務風險，但也表明了戰略槓桿的運用。董事 Marcel de Groot 的內部信心顯而易見，最近購買了 28,600 股，價值約為 146,000 加元。2025 年 9 月 12 日發生了股票拆分，可能會增加流動性並吸引更多投資者。他們的收益預計將每年增長超過 43%，顯示出良好的未來前景。</p>
</div><ul>
<li>Get an in-depth perspective on Versamet Royalties' performance by reading our valuation report here.</li>
<li>Examine Versamet Royalties' past performance report to understand how it has performed in the past.</li>
</ul>
<div class="lb-trans"><ul>
<li>通過閲讀我們的估值報告，深入瞭解 Versamet Royalties 的表現。</li>
<li>查看 Versamet Royalties 的歷史表現報告，以瞭解其過去的表現。</li>
</ul>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/4347687f-b269-42e9-9138-1213da073b89/chart/dcf?" alt="" original-src="https://images.simplywall.st/company/4347687f-b269-42e9-9138-1213da073b89/chart/dcf?"/></p>
<p>TSXV:VMET Share price vs Value as at Sep 2025</p>
<div class="lb-trans"><p>TSXV:VMET 股價與截至 2025 年 9 月的價值對比</p>
</div><h2>Key Takeaways</h2>
<div class="lb-trans"><h2>關鍵要點</h2>
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<div class="lb-trans"><h2>尋找新視角？</h2>
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</div><p><em>This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.</em></p>
<div class="lb-trans"><p><em>這篇文章由 Simply Wall St 撰寫，內容具有一般性。<strong>我們提供基於歷史數據和分析師預測的評論，僅使用無偏見的方法，我們的文章並不構成財務建議。</strong> 它不構成購買或出售任何股票的推薦，也未考慮您的目標或財務狀況。我們的目標是為您提供以基本數據驅動的長期分析。請注意，我們的分析可能未考慮最新的價格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中沒有持倉。</em></p>
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探索全球市場中 3 只被低估且有內部人士參與的小盤股