A Look Into Basic Materials Sector Value Stocks

What Defines 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.

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

1. United States Steel X - P/E: 5.73
2. Nucor NUE - P/E: 7.77
3. Cementos Pacasmayo CPAC - P/E: 9.95
4. Olin OLN - P/E: 8.28
5. Buenaventura Mining Co BVN - P/E: 3.69

United States Steel saw an increase in earnings per share from 0.77 in Q1 to $1.92 now. Most recently, the company reported a dividend yield of 0.78%, which has decreased by 0.07% from last quarter's yield of 0.85%.

Nucor saw an increase in earnings per share from 4.45 in Q1 to $5.81 now. Most recently, the company reported a dividend yield of 1.38%, which has increased by 0.17% from last quarter's yield of 1.21%.

This quarter, Cementos Pacasmayo experienced an increase in earnings per share, which was $0.12 in Q4 and is now $0.13. Its most recent dividend yield is at 10.45%, which has decreased by 2.68% from 13.13% in the previous quarter.

Olin has reported Q2 earnings per share at $1.13, which has decreased by 2.59% compared to Q1, which was 1.16. Most recently, the company reported a dividend yield of 1.44%, which has decreased by 0.07% from last quarter's yield of 1.51%.

Buenaventura Mining Co's earnings per share for Q2 sits at $-0.03, whereas in Q1, they were at 0.25. Most recently, the company reported a dividend yield of 1.41%, which has increased by 0.69% from last quarter's yield of 0.72%.

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.