One financial metric that indicates whether a company is undervalued is the forward price/earnings ratio. This a financial ratio that illustrates the “markets” future earnings expectations of a company. A lower P/E ratios is generally favored.
One Year Revenue Growth by Percentage (TTM) is an indicator that gives investors an idea of how well the firm is performing in the recent past economic environment. Given the current market speculation this isn’t an indicator that should be overlooked.
We ran a screen on tech companies that had a low forward P/E (Equal to or less than 10) Next, we decided to screen for companies had strong top line growth in this tough economic environment (X>20).
The list is ranked from lowest to highest price/book value ratio.
1. LDK Solar company, Ltd. (LDK)
Sector | Technology |
Industry | Solar |
Market Cap | $739M |
Beta | 2.73 |
Analyst Sentiment | 7/17 – List Hold/ Neutral (Slightly Bearish) |
The company manufactures multicrystalline solar wafers in China. The firm’s 1-year revenue growth (TTM) is 128.53%. The firm’s Forward Price/Earnings is 3.17.
Short Interest Note: N/A
2. ReneSola Ltd. (SOL)
Sector | Technology |
Industry | Solar |
Market Cap | $ 275M |
Beta | 2.78 |
Analyst Sentiment | 7/12 – List Hold/ Neutral (Neutral) |
The company manufactures solar wafers used to produce solar cells. The firm’s Forward P/E is 3.51. The firm’s 1-year revenue growth (TTM) is 136.20%.
Short Interest Note: N/A
3. JA Solar Holdings Co., ADR (JASO)
Sector | Technology |
Industry | Solar |
Market Cap | $ 605M |
Beta | 3.03 |
Analyst Sentiment | 13/19 – List Hold/ Neutral (Neutral) |
The company manufactures of solar cells in China. The firm’s Forward P/E is 4.11. The firm’s 1-year revenue growth (TTM) is 211.25%.
Short Interest Note: N/A
4. Research in Motion Ltd (RIMM)
Sector | Technology |
Industry | Solar |
Market Cap | $12,118M |
Beta | 1.92 |
Analyst Sentiment | 31/54– List Hold/ Neutral (Neutral) |
The company is the maker of BlackBerry and provides a range of services, software, & wireless hardware. The firm’s Forward P/E is 4.36. The 1-year revenue growth (TTM) is 33.134%.
Short Interest Note: N/A
5. Sanmina-SCI Corp (SANM)
Sector | Technology |
Industry | Solar |
Market Cap | $685M |
Beta | 3.45 |
Analyst Sentiment | 7/12 – List Hold/Neutral (Neutral) |
The company provides customized integrated electronics services. The firm’s Forward P/E is 4.40. The firm’s 1-year revenue growth (TTM) is 22.04%.
Short Interest Note: The short interest for the firm is 6.50% as of 07/15/2011.
6. Amkor Technology Inc (AMKR)
Sector | Technology |
Industry | Semiconductors |
Market Cap | $ 885M |
Beta | 2.74 |
Analyst Sentiment | 2/3 – List Buy/Outperform (Bullish) |
The company is a subcontractor for test services & semiconductor packaging. The firm’s Forward P/E is 4.52. The firm’s 1-year revenue growth (TTM) is 34.89
Short Interest Note:
The short interest for the firm is 17.00% as of 07/15/2011. Given the short number this company may be a short favorite or potentially a great short squeeze
7. Flextronics International, Ltd (FLEX)
Sector | Technology |
Industry | Semiconductors |
Market Cap | $ 4,101M |
Beta | 2.57 |
Analyst Sentiment | 8/15 – LIST Buy / Outperform (Bullish) |
The company provides of electronics manufacturing services & vertically integrated advanced design. The firm’s Forward P/E is 4.78. The firm’s 1-year revenue growth (TTM) Year is 18.95
Short Interest Note: The short interest for the firm is 3.20% as of 07/15/2011.
8. Seagate Technology PLC (STX)
Sector | Technology |
Industry | Data Storage |
Market Cap | $ 4,864M |
Beta | 2.18 |
Analyst Sentiment | 12/26 – LIST Hold / Neutral (Neutral) |
The company manufacturing and sells rigid disc drives. The firm’s Forward P/E is 4.80. The firm’s 1-year revenue growth (TTM) is 16.22
Short Interest Note: The short interest for the firm is 3.00%as of 07/15/2011.
9. Take-Two Interactive Software, (TTWO)
Sector | Technology |
Industry | Electronic Gaming & Multimedia |
Market Cap | $ 1,006M |
Beta | 1.60 |
Analyst Sentiment | 8/16 – List Hold / Neutral (Neutral) |
The company is a global develops and distributes interactive entertainment software and more. The firm’s Forward P/E is 4.81. The firm’s 1-year revenue growth (TTM) is 12.01.
Short Interest Note: NA
10. World Co., Ltd. . REFILL (PWRD)
Sector | Technology |
Industry | Electronic Gaming & Multimedia |
Market Cap | $ 852M |
Beta | 1.61 |
Analyst Sentiment | 12/18 – List Buy / Outperform (Bullish) |
The company develops & licenses of online games. The firm’s Forward P/E is 5.13.The firm’s 1-year revenue growth (TTM) is 15.21.
Short Interest Note: NA We hope this list helps as investors due their own due diligene on tech companies that are potentially undervalued and still posting strong growth on the top line.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
