What’s better than buying great ASX shares? Buying them at really appealing prices.
The Middle East events are troubling and it’s impossible to know how things are going to develop.
But, it’s impossible to ignore the great value that’s on offer for brave investors with the following ASX shares.
Xero Ltd (ASX: XRO)
The Xero share price is down more than 50% in the last six months. Which excellent businesses have dropped further than that over that time period? Not many.
The cloud accounting software provider provides a very important service to enable reporting of financial figures to taxation authorities, it can handle payroll, it can ensure time-saving and efficiency tools with debtors and creditors, and a lot more.
Understandably, there are concerns about how AI may impact things in the years ahead. But, Xero has a very strong economic moat, with a subscriber retention rate of around 99%, easy-to-use tools for users, brand power and a large marketing budget.
The latest result saw the business deliver strong growth of both profit and cashflow, with 42% net profit growth to $134.8 million and 54% free cashflow growth of 54% to $321.1 million.
The business continues to grow its subscriber base, which is a great sign that customers are still loving the software.
In the longer-term, I’m expecting Xero’s profit margins to continue rising.
With the Xero share price down so heavily, this looks like an opportunistic time to invest.
Temple & Webster Group Ltd (ASX: TPW)
Temple & Webster is another of the ASX growth shares to see a large decline in recent times.
Incredibly, over the past six months, the Temple & Webster share price has fallen more than 70%. I think this looks like a great time to invest.
The business is still growing at a very pleasing pace – between 1 January 2026 to 9 February 2026, revenue was up 20% year on year. While it may be sacrificing margin to deliver that growth, I think increasing market share is a very important part of its strategy. Scale can come with its own operating leverage advantages (and denying its competitors of a sale).
The ASX share’s home improvement and trade & commercial segments continue to grow revenue at a faster pace than the core homewares and furniture segment, which bodes well for long-term growth as they become larger contributors.
As it gets larger, I reckon its profit margins can climb higher and this will help the market have more confidence in the ASX share again.
I think it’s one of the most appealing ASX shares that brave Aussies could buy right now for the long-term.
