5 Value Stocks In The Basic Materials Sector

What are Value Stocks?

A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.

Below is a list of notable value stocks in the basic materials sector:

1. New Gold NGD - P/E: 4.03
2. Dow DOW - P/E: 5.76
3. Taseko Mines TGB - P/E: 6.5
4. Ternium TX - P/E: 1.64
5. Ferroglobe GSM - P/E: 9.56

This quarter, New Gold experienced a decrease in earnings per share, which was $0.04 in Q4 and is now $0.02. Dow saw a decrease in earnings per share from 2.34 in Q1 to $2.31 now. Its most recent dividend yield is at 4.43%, which has decreased by 0.09% from 4.52% in the previous quarter.

This quarter, Taseko Mines experienced a decrease in earnings per share, which was $0.04 in Q4 and is now $0.02. Most recently, Ternium reported earnings per share at $3.95, whereas in Q4 earnings per share sat at $5.08. Its most recent dividend yield is at 4.23%, which has increased by 2.53% from 1.7% in the previous quarter.

Ferroglobe has reported Q1 earnings per share at $0.88, which has increased by 282.61% compared to Q4, which was 0.23. The company's most recent dividend yield sits at 2.99%, which has increased by 0.88% from 2.11% last quarter.

These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.