They’ve been making money. They’ve been paying dividends in excess of 3%. Their price/earnings ratios are well below that of the stock market taken as a whole. Since growth has been greatly outpacing value for so long now, these stocks are generally ignored.
Typically, these types of equities are not making appearances on the screens of investment houses looking for hot tech ideas. These represent businesses in out of favor sectors, generally. You’re unlikely to see CNBC guests discussing their prospects with wide-eyed, long-winded enthusiasm.
That’s why they might be interesting. Here you go:
Apogee Industries in the building products and equipment industry, is NASDAQ
Their earnings this year are very good and the 5-year record is positive. With a p/e of 13, the stock comes in well below the p/e of the S&P 500 which now sits at 32. It’s trading just above book value. The company’s shareholder equity greatly exceeds long-term debt. Apogee pays a dividend of 3.11%. Average daily volume is relatively light at about 290,000 shares.
Ennis, Inc sells business equipment and supplies. The company, founded in 1909, is based in Ennis, Texas and trades on the New York Stock Exchange.
The p/e is 13 and the stock can be purchased at just 1.39 of book value. The recent quarter-to-quarter earnings are way off but the company shows a positive record last year and for the past 5-years. Ennis pays a 5.72% dividend. For an NYSE stock, the average daily volume is definitely light at just 112,000 shares. There is no long-term debt on the books.
The company has no long-term debt, trades at 1.59 of book and pays a dividend of 3.4%. The 5-year record of earnings is good and last year’s were positive — although the most recent quarter-to-quarter will be in the red. Kimball’s dividend comes to 3.4%. This is another relatively lightly traded stock with an average daily volume of 168,000 shares.
It’s trading at half its book value. The price/earnings ratio is a mere 5. The company’s shareholder equity greatly exceeds long-term debt. The quarter-to-quarter earnings look will be negative but last year’s record and the 5-year record are in the green. NAACO pays a dividend of 3.6%. With an average daily volume of just 14,300 shares, the stock barely trades — but it does trade.
This year’s earnings are positive and so is the 5-year track record. EPS next year is expected by analysts to take a hit. The company’s long-term debt is tiny compared to shareholder equity. United Bankshares is paying a 5.36% dividend. Average daily volume is 635,000 shares.
Stats courtesy of FinViz.com.
I do not hold positions in these investments. No recommendations are made one way or the other. If you’re an investor, you’d want to look much deeper into each of these situations. You can lose money trading or investing in stocks and other instruments. Always do your own independent research, due diligence and seek professional advice from a licensed investment advisor.