Valuation Watch: Overvalued stocks now make up 59.28% of our stocks assigned a valuation and 20.14% of those equities are calculated to be overvalued by 20% or more. Thirteen sectors are calculated to be overvalued--with four at or near double digits.
ValuEngine Index Overview
Index | Week Open | Friday AM | Change | % Change | YTD |
DJIA | 18134.05 | 18023.8 | -110.25 | -0.61% | 1.13% |
NASDAQ | 4973.43 | 4971.76 | -1.67 | -0.03% | 5.18% |
RUSSELL 2000 | 1233.39 | 1234.31 | 0.92 | 0.07% | 2.46% |
S&P 500 | 2105.23 | 2091.83 | -13.4 | -0.64% | 1.60% |
ValuEngine Market Overview
Summary of VE Stock Universe | |
Stocks Undervalued | 40.72% |
Stocks Overvalued | 59.28% |
Stocks Undervalued by 20% | 13.89% |
Stocks Overvalued by 20% | 20.14% |
Sector | Change | MTD | YTD | Valuation | Last 12-MReturn | P/E Ratio |
Aerospace | 0.08% | -0.15% | 7.53% | 16.90% overvalued | 0.61% | 20.89 |
Medical | 0.22% | 1.32% | 10.35% | 16.74% overvalued | 1.16% | 32.25 |
Retail-Wholesale | 0.12% | -0.70% | -0.10% | 9.55% overvalued | 3.76% | 26.39 |
Computer and Technology | 0.33% | 0.46% | 4.73% | 9.27% overvalued | -2.28% | 31.35 |
Consumer Staples | -0.02% | -0.34% | 2.53% | 8.57% overvalued | 5.71% | 23.95 |
Consumer Discretionary | 0.15% | 0.30% | 3.18% | 7.96% overvalued | -3.80% | 27.76 |
Multi-Sector Conglomerates | 0.01% | -1.09% | 3.38% | 7.80% overvalued | 6.61% | 18.58 |
Business Services | -0.10% | -0.53% | 3.42% | 5.60% overvalued | 1.59% | 25.90 |
Utilities | 0.28% | -0.64% | 0.15% | 5.04% overvalued | 4.25% | 22.68 |
Finance | 0.16% | -0.11% | 0.67% | 3.04% overvalued | 1.57% | 17.83 |
Auto-Tires-Trucks | 0.03% | -0.50% | 6.30% | 2.52% overvalued | -4.13% | 16.23 |
Industrial Products | -0.23% | -0.66% | 0.42% | 1.81% overvalued | -9.40% | 19.90 |
Transportation | -0.06% | -0.89% | 0.44% | 1.11% overvalued | 2.49% | 20.69 |
Oils-Energy | -0.07% | -0.62% | 2.08% | 1.47% undervalued | -30.84% | 22.34 |
Construction | 0.29% | -0.34% | 0.09% | 4.20% undervalued | -3.85% | 24.53 |
Basic Materials | -0.48% | -1.95% | 1.11% | 5.75% undervalued | -23.48% | 25.14 |
Sector Talk--Industrial Products
Below, we present the latest data on Industrial Products stocks from our Institutional software package (VEI). Top five lists are provided for each category. We applied some basic liquidity criteria--share price greater than $3 and average daily volume in excess of 100k shares.
Please Click Here to Download a FREE Demo of ValuEngine's Professional VEI Software Package.
Top-Five Industrial Products Stocks--Short-Term Forecast Returns
Ticker | Name | Mkt Price | Valuation(%) | Last 12-M Retn(%) |
CENX | CENTURY ALUM CO | 16.49 | -43.91 | 34.72 |
UEPS | NET 1 UEPS TECH | 14.71 | 5.36 | 47.54 |
ACCO | ACCO BRANDS CP | 7.55 | -1.68 | 22.96 |
NNBR | NN INC | 26.29 | N/A | 37.07 |
HOLI | HOLLYSYS AUTOMT | 17.86 | -23.85 | -10.7 |
Top-Five Industrial Products Stocks--Long-Term Forecast Returns
Ticker | Name | Mkt Price | Valuation(%) | Last 12-M Retn(%) |
CENX | CENTURY ALUM CO | 16.49 | -43.91 | 34.72 |
UEPS | NET 1 UEPS TECH | 14.71 | 5.36 | 47.54 |
ACCO | ACCO BRANDS CP | 7.55 | -1.68 | 22.96 |
NNBR | NN INC | 26.29 | N/A | 37.07 |
HOLI | HOLLYSYS AUTOMT | 17.86 | -23.85 | -10.7 |
Top-Five Industrial Products Stocks--Composite Score
Ticker | Name | Mkt Price | Valuation(%) | Last 12-M Retn(%) |
CENX | CENTURY ALUM CO | 16.49 | -43.91 | 34.72 |
ACCO | ACCO BRANDS CP | 7.55 | -1.68 | 22.96 |
UEPS | NET 1 UEPS TECH | 14.71 | 5.36 | 47.54 |
DE | DEERE & CO | 90.46 | 1.97 | 4.07 |
CAT | CATERPILLAR INC | 81.51 | -13.68 | -15.42 |
Top-Five Industrial Products Stocks--Most Overvalued
Ticker | Name | Mkt Price | Valuation(%) | Last 12-M Retn(%) |
MRC | MRC GLOBAL INC | 12.86 | 70.47 | -50.17 |
UFI | UNIFI INC | 34.08 | 45.22 | 36.65 |
PLL | PALL CORP | 102.04 | 40.15 | 17.83 |
MYE | MYERS INDS | 18.69 | 35.99 | -11.59 |
SEE | SEALED AIR CORP | 46.14 | 35.84 | 33.93 |