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.

**Disclosure: **I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.