5 Value Stocks In The Technology Sector

What is 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 technology sector that may be worth watching:

  1. Ebix EBIX - P/E: 8.36
  2. Amkor Technology AMKR - P/E: 8.83
  3. Himax Technologies HIMX - P/E: 4.22
  4. Digihost Technology DGHI - P/E: 5.62
  5. Valens Semiconductor VLN - P/E: 4.27

Ebix saw a decrease in earnings per share from 0.75 in Q2 to $0.7 now. The company's most recent dividend yield sits at 1.57%, which has increased by 0.36% from 1.21% last quarter.

Amkor Technology saw an increase in earnings per share from 0.51 in Q2 to $1.24 now. Most recently, the company reported a dividend yield of 1.15%, which has increased by 0.26% from last quarter's yield of 0.89%.

Most recently, Himax Technologies reported earnings per share at $0.17, whereas in Q2 earnings per share sat at $0.44. Most recently, the company reported a dividend yield of 15.68%, which has increased by 13.48% from last quarter's yield of 2.2%.

Digihost Technology's earnings per share for Q3 sits at $-0.06, whereas in Q2, they were at 0.13. Valens Semiconductor has reported Q3 earnings per share at $-0.02, which has increased by 75.0% compared to Q2, which was -0.08.

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.

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