Overview Of Value Stocks In The Utilities Sector
The Meaning Behind Value Stocks
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.
Below is a list of notable value stocks in the utilities sector:
- China Recycling Energy (NASDAQ:CREG) - P/E: 4.21
- Central Puerto (NYSE:CEPU) - P/E: 6.02
- Cia Paranaense De Energia (NYSE:ELP) - P/E: 5.16
- Kenon Hldgs (NYSE:KEN) - P/E: 4.72
- Pampa Energia (NYSE:PAM) - P/E: 0.06
China Recycling Energy has reported Q3 earnings per share at -0.25, which has decreased by 158.14% compared to Q2, which was 0.43. China Recycling Energy does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
Central Puerto has been featured as a value stock. Central Puerto's Q3 EPS sits at 0.02, which has not changed since last quarter (Q2). Central Puerto does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
Cia Paranaense De Energia has reported Q3 earnings per share at 0.46, which has decreased by 57.8% compared to Q2, which was 1.09. Most recently, the company reported a dividend yield of 8.62%, which has increased by 2.36% from last quarter's yield of 6.26%.
Most recently, Kenon Hldgs reported earnings per share at 1.09, whereas in Q2 earnings per share sat at 0.02. Kenon Hldgs does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
Most recently, Pampa Energia reported earnings per share at 0.05, whereas in Q2 earnings per share sat at 0.06. Pampa Energia does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
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.
