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Steve Hach is the Senior Editor at ValuEngine.com, a Melbourne, Florida-based stock valuation and forecast service. ValuEngine utilizes Ivy League financial research as the basis for its coverage of more than 8000 US, Canadian, and other foreign stocks. Hach utilizes ValuEngine's complex... More
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  • Finance Stocks Ranked From ValuEngine 0 comments
    Mar 8, 2013 3:57 PM | about stocks: SNFCA, CPSS, NCT, FBC, OCN, AIG, AEG, BPOP, FSP, AI, RSO, BKMU, MNRK

    VALUATION WATCH: Overvalued stocks now make up 63% of our universe and almost 26% of the universe is calculated to be overvalued by 20% or more. 15 sectors are calculated to be overvalued.

    MARKET OVERVIEW

    Index

    Week Open

    Thurs Close

    Change

    % Change

    YTD

    DJIA

    14089.66

    14329.49

    239.83

    1.70%

    9.61%

    NASDAQ

    3159.46

    3232.09

    72.63

    2.30%

    7.21%

    RUSSELL 2000

    914.05

    934.57

    20.52

    2.24%

    10.52%

    S&P 500

    1518.2

    1544.26

    26.06

    1.72%

    8.50%

     

     

    Summary of VE Stock Universe

     

     

    Stocks Undervalued

    36.74%

    Stocks Overvalued

    63.26%

    Stocks Undervalued by 20%

    14.99%

    Stocks Overvalued by 20%

    25.80%

    SECTOR OVERVIEW

    Sector

    Change

    MTD

    YTD

    Valuation

    Last 12-MReturn

    P/E Ratio

    Aerospace

    0.64%

    0.19%

    6.51%

    7.63% overvalued

    4.53%

    13.91

    Auto-Tires-Trucks

    0.62%

    0.82%

    6.51%

    12.97% overvalued

    6.79%

    15.83

    Basic Materials

    0.88%

    2.48%

    4.61%

    5.24% undervalued

    -27.82%

    19.67

    Business Services

    -0.01%

    1.93%

    9.72%

    14.35% overvalued

    12.71%

    21.34

    Computer and Technology

    0.54%

    1.42%

    9.87%

    15.77% overvalued

    2.63%

    25.98

    Construction

    0.18%

    1.81%

    10.45%

    22.00% overvalued

    25.83%

    25.66

    Consumer Discretionary

    0.20%

    2.75%

    11.44%

    11.58% overvalued

    8.65%

    22.95

    Consumer Staples

    0.98%

    3.30%

    8.23%

    22.51% overvalued

    9.77%

    19.87

    Finance

    0.13%

    1.92%

    10.86%

    17.93% overvalued

    14.18%

    17.52

    Industrial Products

    0.79%

    2.08%

    10.84%

    15.45% overvalued

    6.94%

    18.63

    Medical

    0.14%

    2.20%

    10.32%

    9.52% overvalued

    9.89%

    23.71

    Multi-Sector Conglomerates

    0.30%

    0.77%

    4.72%

    9.24% overvalued

    12.91%

    15.53

    Oils-Energy

    1.08%

    0.98%

    7.65%

    5.78% overvalued

    -14.60%

    24.08

    Retail-Wholesale

    0.32%

    2.05%

    12.64%

    15.16% overvalued

    15.23%

    19.73

    Transportation

    0.13%

    1.92%

    15.96%

    20.93% overvalued

    5.01%

    20.25

    Utilities

    0.22%

    1.44%

    5.72%

    11.09% overvalued

    2.88%

    17.63

    Sector Talk-Finance

    Below, we present the latest data on leading Finance Sector stocks from our Institutional software package (Pending:VEI). These results were filtered by market price and volume--no results below 3$/share or less than 100k shares/day volume.

    Top-Five Finance Sector Stocks--Short-Term Forecast Returns

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    SNFCA

    SEC NATL FINL A

    7.27

    N/A

    478.32

    CPSS

    CONS PORTFOLIO

    9.05

    N/A

    570.37

    NCT

    NEWCASTLE INV

    11.19

    -66.42

    88.07

    FBC

    FLAGSTAR BANCP

    14.28

    -75

    56.92

    OCN

    OCWEN FINL CORP

    40.79

    6.75

    153.83

    Top-Five Finance Sector Stocks--Long-Term Forecast Returns

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    SNFCA

    SEC NATL FINL A

    7.27

    N/A

    478.32

    CPSS

    CONS PORTFOLIO

    9.05

    N/A

    570.37

    NCT

    NEWCASTLE INV

    11.19

    -66.42

    88.07

    FBC

    FLAGSTAR BANCP

    14.28

    -75

    56.92

    OCN

    OCWEN FINL CORP

    40.79

    6.75

    153.83

    Top-Five Finance Sector Stocks--Composite Score

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    FBC

    FLAGSTAR BANCP

    14.28

    -75

    56.92

    AIG

    AMER INTL GRP

    39.01

    -42.32

    32.46

    NCT

    NEWCASTLE INV

    11.19

    -66.42

    88.07

    AEG

    AEGON N V

    6.19

    -20.11

    23.8

    BPOP

    POPULAR INC

    27.98

    -25.83

    50.43

    Top-Five Finance Sector Stocks--Most Overvalued

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    FSP

    FRANKLIN ST PPT

    14.08

    300

    35.65

    AI

    ARLINGTON ASSET

    26.42

    300

    15.07

    RSO

    RESOURCE CAPITL

    6.67

    300

    14.02

    BKMU

    BANK MUTUAL CRP

    5.65

    300

    54.79

    MNR

    MONMOUTH RE CLA

    10.91

    300

    14.72

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

    Themes: finance Stocks: SNFCA, CPSS, NCT, FBC, OCN, AIG, AEG, BPOP, FSP, AI, RSO, BKMU, MNRK
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