Borr Drilling(US:BORR) Investor Place·2024-07-10 10:00Core Viewpoint - A combination of high-growth low P/E stocks can significantly enhance portfolio returns, especially when the market index is near all-time highs, making it crucial to identify undervalued stocks [1][2][3] Group 1: Miniso Group (MNSO) - Miniso Group has shown a sideways trend over the past 12 months, presenting an opportunity to accumulate the stock, which trades at a forward P/E of 14.5 and offers a dividend yield of 2.26% [5] - For Q1 2024, Miniso reported a revenue growth of 26% year-on-year to $515.7 million, with adjusted EBITDA increasing by 36.7% to $133.7 million, indicating strong top-line growth and EBITDA margin expansion [6] - The company plans to open 900 to 1,100 new stores annually from 2024 to 2028, aiming for a revenue CAGR of over 20%, which supports sustained growth despite macroeconomic challenges [7] Group 2: Borr Drilling (BORR) - Borr Drilling is identified as a high-growth low P/E stock, trading at a forward P/E of 11.2, with a dividend announcement of 10 cents per share for Q1 2024, reflecting a 100% growth in dividends [10] - The company reported an order intake of $300 million for Q1 2024, with 93% contract coverage for 2024 and 71% for 2025, providing strong revenue and cash flow visibility for the next 18 months [11] - Borr's adjusted EBITDA for last year was $351 million, with guidance for $525 million in 2024, supported by an increasing backlog and higher day rates [12] Group 3: Riot Platforms (RIOT) - Riot Platforms is considered a high-risk investment but has potential for over 2x returns if Bitcoin remains in an uptrend, trading at a forward P/E of 15.3 [14] - The company has a strong balance sheet with zero debt and a liquidity buffer of $1.3 billion as of Q1 2024, allowing for aggressive investments [15] - Riot reported a hash rate capacity of 12.5 EH/s in Q1 2024, with plans to increase it to 31.5 EH/s by year-end and a long-term target of 100 EH/s by 2027, ensuring sustained revenue and EBITDA growth [16]