ASX Stocks That May Be Undervalued In October 2025

As the Australian market experiences a slight pullback following a bullish surge, investors are keenly observing the ASX 200’s movements amidst fluctuating global economic factors such as U.S. government shutdown concerns and rising gold prices. In this context, identifying undervalued stocks can be particularly appealing, as they may offer potential opportunities for growth in a market that is currently experiencing volatility and consolidation.

Name

Current Price

Fair Value (Est)

Discount (Est)

Superloop (ASX:SLC)

A$3.25

A$5.67

42.7%

Resimac Group (ASX:RMC)

A$1.15

A$2.17

47.1%

Reckon (ASX:RKN)

A$0.63

A$1.18

46.8%

NRW Holdings (ASX:NWH)

A$4.68

A$8.58

45.5%

Immutep (ASX:IMM)

A$0.275

A$0.5

44.7%

Elders (ASX:ELD)

A$7.46

A$14.04

46.9%

Cynata Therapeutics (ASX:CYP)

A$0.225

A$0.44

48.9%

Credit Clear (ASX:CCR)

A$0.27

A$0.47

42.2%

CleanSpace Holdings (ASX:CSX)

A$0.73

A$1.41

48.1%

Airtasker (ASX:ART)

A$0.41

A$0.72

42.7%

Click here to see the full list of 30 stocks from our Undervalued ASX Stocks Based On Cash Flows screener.

We’ll examine a selection from our screener results.

Overview: Infomedia Ltd is a technology company that develops and supplies electronic parts catalogues, service quoting software, and e-commerce solutions for the automotive industry worldwide, with a market cap of A$635.80 million.

Operations: The company’s revenue primarily comes from its Publishing – Periodicals segment, which generated A$146.51 million.

Estimated Discount To Fair Value: 18.8%

Infomedia is trading at A$1.69, below its estimated fair value of A$2.07, indicating it may be undervalued based on cash flows. The company’s earnings are forecast to grow significantly at 20% annually, surpassing the Australian market’s growth rate. However, its dividend yield of 2.49% is not well covered by earnings. Recent developments include a scheme implementation agreement with TPG Growth Capital Asia Limited for acquisition valued at approximately A$650 million or A$1.72 per share.

ASX:IFM Discounted Cash Flow as at Oct 2025

Overview: Immutep Limited is a biotechnology company focused on developing novel Lymphocyte Activation Gene-3 related immunotherapies for cancer and autoimmune diseases in Australia, with a market cap of A$403.66 million.

Operations: The company’s revenue is primarily derived from its immunotherapy segment, amounting to A$5.03 million.

Estimated Discount To Fair Value: 44.7%

Immutep is trading at A$0.28, significantly below its estimated fair value of A$0.50, suggesting undervaluation based on cash flows. Despite a net loss of A$61.43 million for the year ending June 2025, revenue grew to A$10.33 million from the previous year’s A$7.84 million. The company anticipates profitability within three years and forecasts robust annual revenue growth exceeding 100%, driven by strategic alliances and promising clinical trials in cancer immunotherapy treatments like eftilagimod alfa (efti).

ASX:IMM Discounted Cash Flow as at Oct 2025
ASX:IMM Discounted Cash Flow as at Oct 2025

Overview: Nickel Industries Limited is involved in nickel ore mining and the production of nickel pig iron, cobalt, and nickel matte, with a market cap of A$3.30 billion.

Operations: The company’s revenue segments include $120.89 million from Indonesia’s nickel ore mining, $109.25 million from HPAL projects in Indonesia and Hong Kong, and $1.50 billion from RKEF projects in Indonesia and Singapore.

Estimated Discount To Fair Value: 30.9%

Nickel Industries, trading at A$0.76, is undervalued based on discounted cash flow analysis with a fair value estimate of A$1.1. Recent debt restructuring through an US$800 million note issuance at 9% enhances its financial flexibility by extending debt maturity to 2030 and replacing higher-cost notes due 2028. The company reported improved net income of US$11.27 million for H1 2025, up from US$5.14 million a year prior, with earnings expected to grow annually by over 55%.

ASX:NIC Discounted Cash Flow as at Oct 2025
ASX:NIC Discounted Cash Flow as at Oct 2025
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This article by Simply Wall St is general in nature. 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. 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.

Companies discussed in this article include ASX:IFM ASX:IMM and ASX:NIC.

This article was originally published by Simply Wall St.

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