Share prices are always changing, so investors have an opportunity to find undervalued ASX shares. Expert analysts spend all day trying to find the best stock ideas.
When one analyst thinks a business is a buy, that's interesting. When multiple experts think a stock is a buy, that could be a sign of a clear opportunity.
Of course, buy ratings don't guarantee returns, but I think it's very interesting to consider the ideas. Let's look at two highly rated businesses.
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Collins Foods Ltd (ASX: CKF)
Collins Foods is a large KFC franchisee business with operations across both Australia and Europe.
According to Commsec, there are currently seven analysts that rate the business as a buy.
FY26 was a solid performance by the company, with revenue growth of 8.6% to $1.6 billion and underlying net profit growth of 13% to $61.4 million.
The most recent update from the company was very promising and was revealed at the annual general meeting (AGM) at the start of September 2026.
In Australia, for the last four weeks (at the time of the AGM), total sales were up 5% with same-store sales (SSS) growth of 3.1%. The company said it has initiatives to further strengthen its core further, the Kwench (a drink) national rollout was happening for its launch before summer, the late-night trading rollout was close to completion and the breakfast trial started in September.
In Germany, the last four weeks saw total sales growth of 58.8%, amid a 0.1% SSS decline (compared to a 7.2% SSS decline for the first eight weeks of FY27). It benefited from the JJ acquisition from week five. The Bavarian acquisition is delivering higher average store sales than the existing portfolio. The ASX share said it's working to lift performance now and in the longer term. It'll remain disciplined with investments in new restaurants, and a return to SSS growth will help accelerate new-store growth.
In the Netherlands, total sales were up 4.9% over the last four weeks, with SSS up 3.1%, compared to a 7.8% SSS decline in the first eight weeks of FY27.
Overall, the company has clearly driven an improvement in performance, and the fact that it's growing in both Australia and Europe is exciting for its growth runway to deliver returns. I think its global KFC outlet network can keep growing.
Netwealth Group Ltd (ASX: NWL)
The other ASX share I'll mention is Netwealth, a financial technology services company that provides superannuation (including accumulation and retirement income products), investor-directed portfolio services, managed accounts, managed funds, SMSF administration and non-custodial administration and reporting services.
According to Commsec, there are currently 13 buy ratings on the business.
The Netwealth share price has fallen more than 35% in the past six months, so it's significantly cheaper.
It recently reported its FY27 first-quarter update, which showed ongoing growth, though perhaps not as much as the market hoped.
Total funds under administration (FUA) increased by $3.4 billion to $139.2 billion, up 2.5% for the quarter and up 15.2% year-over-year.
It revealed that custodial inflows were $7.8 billion, while FUA net flows were $3.6 billion (excluding pension payments of $0.4 billion and two institutional client outflows totalling $0.6 billion) – broadly consistent with the prior quarter.
The ASX share said that funds under management (FUM) net inflows reached $2.4 billion, including managed account net flows of $2.2 billion. Total FUM rose 24% year-over-year to $36.6 billion.
Netwealth said there were 3,822 net new accounts and 21 financial intermediary relationships were added during the quarter.
Finally, the company noted the launch of individual HINs, Netwealth Private and the acquisition of Paradino.
