The ASX share market has seen plenty of volatility this decade, and 2026 is turning into a tough year for investors. Given the size of the declines we've seen over the last few weeks (and months), this could be a great time to look at good-value businesses with excellent long-term potential.
A decline in the share price doesn't automatically mean the business is great value. But, given where the earnings of the following shares are likely to go, I think the three ASX shares below are strong buys.
Image source: Getty Images
Siteminder Ltd (ASX: SDR)
Siteminder is a software provider for 53,000 hotels around the world, and it's growing at a quick pace. During the first half of FY26, it added 2,900 hotel properties to its customer base.
The ASX share has a goal of growing its annual recurring revenue (ARR) by 30% annually, which would be a tremendous rate of improvement. In the FY26 half-year result, ARR increased 29.7% to $280.3 million, while revenue grew 25.5% to $131.1 million.
As a software business, its costs aren't likely to climb at the same rate as its revenue because it's so low-cost to sell one more software subscription to a new hotel. That's partly why we saw adjusted operating profit (EBITDA) more than double to $12.3 million.
The ASX share is rolling out new modules to help its clients generate stronger revenue from its hotels throughout the year, which is also helping increase Siteminder's average revenue per user (ARPU).
Using the profit forecast on CMC Invest, the Siteminder share price is valued at 24x FY28's estimated earnings. That looks really good value if Siteminder's revenue grows faster than 20% per year in the next few years.
Centuria Industrial REIT (ASX: CIP)
This is a real estate investment trust (REIT) that owns a national portfolio of industrial properties across Australia. It's properties like these that are the backbone of the supply chains, distribution networks, data centres, and food/medicine.
The rental potential of the ASX share's portfolio is increasing thanks to tailwinds like a growing population, increasing adoption of online shopping, data centre demand, and so on. The REIT says that its portfolio is 20% under-rented, so its rental income has significant growth potential over the next several years as rental contracts are renewed.
Centuria Industrial REIT reported that in the first six months of FY26, its net operating income (NOI) grew by 5.1%, and it is guiding that its funds from operations (FFO) could grow up to 6% in FY26.
Centuria Industrial REIT looks cheap to me because its reported net tangible assets (NTA) was $3.95 at 31 December 2025, so it's at a discount of around 25%.
Aeris Resources Ltd (ASX: AIS)
This ASX mining share describes itself as a mid-tier base and precious metals producer.
Its key focus is copper, while also having a pipeline of "organic growth projects and an aggressive exploration program and continues to investigate strategic merger and acquisition opportunities", according to Aeris Resources.
The longer-term rise of the copper price has really helped the ASX share's profit outlook. In HY26, its revenue rose by 4.6% to $306.3 million, while cost of sales reduced 9% to $212.8 million.
Its operating cash flow jumped 67% to $97.3 million, while net profit after tax (NPAT) grew 62% to $47.9 million.
I think there is plenty of room for growth in the ASX share through both increased production and potentially higher resource prices over time.
Using the forecast on CMC Invest, the Aeris Resources share price is valued at 2x FY26's estimated earnings.
