5 Value Stocks In The Technology Sector

What is a Value Stock?

A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued.

The following stocks are considered to be notable value stocks in the technology sector:

1. Intel INTC - P/E: 8.08
2. Versus Systems VS - P/E: 0.0
3. Conduent CNDT - P/E: 8.98
4. Bel Fuse BELFA - P/E: 8.53
5. Photronics PLAB - P/E: 8.46

Intel's earnings per share for Q3 sits at $0.59, whereas in Q2, they were at 0.29. Most recently, the company reported a dividend yield of 5.06%, which has increased by 1.14% from last quarter's yield of 3.92%.

Versus Systems's earnings per share for Q3 sits at $-1.79, whereas in Q2, they were at -1.95. Conduent has reported Q3 earnings per share at $0.09, which has increased by 200.0% compared to Q2, which was 0.03. Bel Fuse's earnings per share for Q3 sits at $1.4, whereas in Q2, they were at 1.3. The company's most recent dividend yield sits at 0.82%, which has increased by 0.01% from 0.81% last quarter.

Photronics has reported Q4 earnings per share at $0.6, which has increased by 17.65% compared to Q3, which was 0.51.

The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.