A company’s book value is the value of the assets on its balance sheet minus the liabilities. A ratio of the company’s stock price in relation to its book value per share is a strong indication of a fundamentally undervalued stock, as it implies that an investor would be paying a discount to the company’s asset value. In addition to that, the following companies are also profitable and have strongly positive working capital.
BreitBurn Energy Partners LP BBEP
Oil & Gas Exploration and Production
BreitBurn Energy Partners L.P is an oil and gas partnership focused on the acquisition, exploitation and development of oil, natural-gas liquids (NGL) and gas properties in the United States. The Company’s properties include oil, natural gas and midstream assets in Michigan, Oklahoma, Texas, Wyoming, California, Florida and Indiana/Kentucky.
- Market Cap: $1,683,511,072
- Price/Book: 0.40x
- Revenue: $1,626,585,434
- Working Capital: $49,996,728
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