Reletter
Artwork for Undervalued and undercovered

Undervalued and undercovered

Hugo Navarro, Mihail Stoyanov, The Royalty King
Hundreds of paid subscribers

I am a passionate investor eager to share my reports on companies that are undervalued compared to the market and their peers, and are undercovered by analysts.

Platform
Substack
PricingFreemiumPublishesTwice weekly
Issues144Founded2 years agoLast Issue7 days ago
Active

Read this Newsletter

smallcaptreasures.substack.com
Artwork for Undervalued and undercovered

Latest Issues

A cheap tech duopoly posts +259% growth: Seeing Machines CEO call

Speaking with Paul McGlone about the future of Seeing Machines.

The inflection is finally here. Q3 KPIs have been incredible, surpassing my estimates. The GSR ramp-up is no longer theoretical, YoY royalty growth came in at 259%, and the pa...

7 days ago
11
Paid

Cheap Oil Services Play: 21% FCF Yield, Clear Path to 2x EBITDA by 2030

Trading below book with a publicly committed plan to double EBITDA by 2030

Oil services name in offshore trading below 5x EV/EBITDA, with strong FCF conversion (21% FCF Yield), and a clear plan to double EBITDA by 2030. A 2x return is on t...

13 days ago
6
2
Paid

Cheap Still Wins: +79.89% Returns, what's happening in energy markets and Q1 catalyst review

Explaining the energy markets, plus the Q1 prints to watch in May

The Buried Bargains portfolio is up 79.89% since its inception on 20 January 2025. Returns for 2025 were 64.3%, and YTD returns so far are 9.49%. This means we are beating t...

19 days ago
18
3
Paid

43% FCF yield for a platinum miner, a billion-dollar greenfield project for free, 5× upside

The cheapest PGM miner in the world

A precious metal miner trading at a 43% FCF yield is extremely cheap. For this one, the basket is platinum-heavy with material rhodium exposure. Both metals have strong fundamentals: multi-year deficits,...

22 days ago
14
1
Paid

Deep Dive into the Platinum Supercycle: Best Precious Metal, 3–4x FCF Miners

How I'm positioned for the next platinum bull market

Platinum was a beast in 2025 — alongside silver, the best-performing precious metal of the year — moving from below $1,000 per ounce to a peak near $3,000 in early 2026 and now, after a...

a month ago
28
Paid

Key Facts

Contact Information
Newsletter Author
Number of Subscribers
Find out how many people subscribe to this newsletter.

Audience Metrics

Subscribers, engagement, traffic and sponsorship for Undervalued and undercovered.

SubscribersEngagement78Monthly Web Visits
Accepts SponsorsEstimated Cost per Ad

SEO Reach

Where Undervalued and undercovered ranks on Google, and how much search traffic it brings in.

Ranked Keywords211Monthly Search TrafficTop Keywords

Chart Rankings

How this newsletter ranks in the official Substack charts.

#137
Substack
/Finance(Paid)

Authors

The writers behind this newsletter.

  • Hugo Navarro

    I help investors find undervalued companies that are largely overlooked by analysts. Returns: 2025: 64.3% | YTD: 6.82%

  • Mihail Stoyanov

    I am Mihail, an excess return hunter in obscure markets. Interested in Brazil and beyond? Check TheOldEconomy.

  • The Royalty King

    A private publication for investors seeking high quality investment opportunities, presented to them in a simple, easy to understand format. Capital-light hard asset compounders with superior business Models & ROIC.

  • Frequently Asked Questions

    How can I access the email archive for Undervalued and undercovered?

    You can find recent issues that have been published by Undervalued and undercovered on Reletter by scrolling up to where it says Latest Issues. Tap on the link for any of the most recent emails or hit More Issues to see older ones.

    How many subscribers does Undervalued and undercovered have?

    To see how many people subscribe to Undervalued and undercovered, simply upgrade your Reletter account. We provide readership numbers and lots of other stats for this newsletter so you can decide if it's worth reaching out to.

    How can I advertise in Undervalued and undercovered?

    Newsletter advertising can be extremely effective when it's done right. Before you pitch Undervalued and undercovered as a potential sponsor or partner, make sure that you've done your research and checked its newsletter stats with Reletter.

    Then, personalize one of our winning pitching templates and send it to the right person using the contact info provided.

    How much does it cost to sponsor a publication like Undervalued and undercovered?

    Newsletter ad rates (or CPM) vary depending on many factors, including industry, number of subscribers, open rate, ad placement and more.

    To find out how much an ad will cost, contact Undervalued and undercovered using the contact information provided and ask for a copy of their media kit.

    How can I find newsletters related to Undervalued and undercovered?

    Scroll up to where it says Related Newsletters to see other publications like Undervalued and undercovered. You can also search our email newsletter directory to discover other newsletters that cover the topics you're interested in.

    How do I contact Undervalued and undercovered?

    Reletter provides this newsletter's website URL above, where you will often find their contact information. We also provide links to associated social media accounts and pitching templates so you can reach out fast.