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Do you consider yourself a value investor? If so, we ran a screen you may find interesting.

We began by screening the basic materials sector for stocks with high growth projections, with 5-year projected EPS growth rates above 15%.

We then screened for those that also appear undervalued relative to the Graham Number. The Graham Number is a measure of maximum fair value created by the "godfather of value investing" Benjamin Graham.

It is based off of a stock's EPS and book value per share (BVPS).

Graham Number = SQRT(22.5 x TTM EPS x MRQ BVPS)

The equation assumes that P/E should not be higher than 15 and P/BV should not be higher than 1.5. Stocks trading well below their Graham Number may be undervalued.

For an interactive version of this chart, click on the image below. Analyst ratings sourced from Zacks Investment Research.

Tool provided by Kapitall.

Do you think these stocks should be trading higher? Use this list as a starting point for your own analysis.

List sorted by potential upside implied by the Graham Number.

1. Gulfport Energy Corp. (GPOR): Develops, and produces oil and gas in the Louisiana Gulf Coast. Market cap at $1.18B. Price at $21.15. 5-year projected EPS growth at 56.00%. Diluted TTM earnings per share at 2.19, and a MRQ book value per share value at 11.69, implies a Graham Number fair value = sqrt(22.5*2.19*11.69) = $24.0. Based on the stock's price at $18.27, this implies a potential upside of 31.37% from current levels.

2. Oil States International Inc. (OIS): Provides specialty products and services to the oil and gas drilling and production companies worldwide. Market cap at $3.56B. Price at $68.85. 5-year projected EPS growth at 38.80%. Diluted TTM earnings per share at 7.17, and a MRQ book value per share value at 41.36, implies a Graham Number fair value = sqrt(22.5*7.17*41.36) = $81.68. Based on the stock's price at $62.24, this implies a potential upside of 31.24% from current levels.

3. Bill Barrett Corp. (BBG): Engages in the exploration, development, and production of natural gas and crude oil principally in the Rocky Mountain region of the United States. Market cap at $1.07B. Price at $22.23. 5-year projected EPS growth at 24.74%. Diluted TTM earnings per share at 1.08, and a MRQ book value per share value at 26.3, implies a Graham Number fair value = sqrt(22.5*1.08*26.3) = $25.28. Based on the stock's price at $19.43, this implies a potential upside of 30.11% from current levels.

4. Coeur d'Alene Mines Corporation (CDE): Engages in the ownership, operation, exploration, and development of silver and gold mining properties located primarily in South America, Mexico, the United States, and Australia. Market cap at $1.63B. Price at $18.17. 5-year projected EPS growth at 47.39%. Diluted TTM earnings per share at 0.94, and a MRQ book value per share value at 23.83, implies a Graham Number fair value = sqrt(22.5*0.94*23.83) = $22.45. Based on the stock's price at $17.26, this implies a potential upside of 30.07% from current levels.

5. Chemtura Corporation (CHMT): Engages in the manufacture and sale of specialty chemical solutions and consumer products worldwide. Market cap at $1.47B. Price at $14.94. 5-year projected EPS growth at 37.80%. Diluted TTM earnings per share at 1.34, and a MRQ book value per share value at 11.01, implies a Graham Number fair value = sqrt(22.5*1.34*11.01) = $18.22. Based on the stock's price at $14.38, this implies a potential upside of 26.7% from current levels.

6. Gulfmark Offshore, Inc. (GLF): Runs a worldwide fleet of vessels offering marine specialty services to offshore oil and natural gas drilling rigs and platforms. Market cap at $950.59M. Price at $35.43. 5-year projected EPS growth at 49.50%. Diluted TTM earnings per share at 1.84, and a MRQ book value per share value at 38.39, implies a Graham Number fair value = sqrt(22.5*1.84*38.39) = $39.87. Based on the stock's price at $31.85, this implies a potential upside of 25.17% from current levels.

7. Halliburton Company (HAL): Provides various products and services to the energy industry for the exploration, development, and production of oil and natural gas worldwide. Market cap at $27.63B. Price at $29.94. 5-year projected EPS growth at 20.10%. Diluted TTM earnings per share at 3.2, and a MRQ book value per share value at 15, implies a Graham Number fair value = sqrt(22.5*3.2*15) = $32.86. Based on the stock's price at $26.9, this implies a potential upside of 22.17% from current levels.

*BVPS and EPS data sourced from Yahoo! Finance, all other data sourced from Finviz.

Source: 7 High-Growth Basic Materials Stocks Undervalued By The Graham Number