Who else wants 4 cheap under the radar stocks?

There’s probably nothing better for an investor than discovering a small company that has wonderful potential, and its shares are available at a cheap price. If you get them right, they could turn into 10, 20 or even 100 baggers. (As in the price could rise to multiples of what you paid for it).

Here are four stocks that could be worth multiples of their current prices…

Dicker Data Ltd (ASX: DDR)

Thanks to a recent acquisition, Dicker Data is now one of Australia’s largest software and hardware distributors, and revenues and profits are set to soar. At current prices, Dicker Data appears cheap based on its projected earnings in 2015, and with the founder as CEO and majority shareholder, management’s interests are aligned with shareholders.

Euroz Limited (ASX: EZL)

Euroz operates stock broking, corporate finance and funds management businesses. Thanks to strong corporate activity, the company recently reported an 139% increase in net profit of $26.5 million for the 2014 financial year. Add in its high dividend yield and cash and investments of $117.5 million as at January 2014 compared to its market cap of $204 million, and Euroz is a compelling proposition.

Select Harvests Limited (ASX: SHV)

The almond producer is trading on a prospective P/E ratio of 9 times for the 2015 financial year. 73% of the company’s almond trees are now in the sweet spot of low capex and high fruit production, at the same time as global demand is failing to keep up with supply. With 80% of product exported, a falling Aussie dollar could further boost returns to shareholders.

Capitol Health Limited (ASX: CAJ)

Capitol Health is following in the footsteps of its larger cousins Sonic Healthcare Limited (ASX: SHL) and Primary Health Care Limited (ASX: PRY), in the provision of diagnostic imaging services through 51 clinics in Victoria. The current share price may look expensive, but this is a company that will benefit immensely from an ageing and growing population. It could also be a takeover target by either Primary or Sonic as well.

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Motley Fool writer/analyst Mike King owns shares in Capitol Health. You can follow Mike on Twitter @TMFKinga

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