5 Value Stocks In The Basic Materials Sector

What Defines a Value Stock?

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.

Benzinga Insights has compiled a list of value stocks in the basic materials sector that may be worth watching:

1. ArcelorMittal MT - P/E: 5.43
2. Celanese CE - P/E: 8.17
3. CF Industries Holdings CF - P/E: 7.14
4. Vale VALE - P/E: 7.13
5. Sylvamo SLVM - P/E: 7.42

ArcelorMittal has reported Q3 earnings per share at $1.1, which has decreased by 50.0% compared to Q2, which was 2.2. Most recently, the company reported a dividend yield of 1.28%, which has increased by 0.51% from last quarter's yield of 0.77%.

Celanese has reported Q3 earnings per share at $2.5, which has increased by 15.21% compared to Q2, which was 2.17. Most recently, the company reported a dividend yield of 2.29%, which has increased by 0.03% from last quarter's yield of 2.26%.

CF Industries Holdings saw a decrease in earnings per share from 2.7 in Q2 to $0.85 now. Most recently, the company reported a dividend yield of 1.9%, which has decreased by 0.38% from last quarter's yield of 2.28%.

Vale saw an increase in earnings per share from 0.2 in Q2 to $0.66 now. This quarter, Sylvamo experienced an increase in earnings per share, which was $1.14 in Q2 and is now $1.7.

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.