Cyclical & Commodity Producers

Commodity and cyclical producers valued through the whole cycle (normalized free cash flow), not one boom or bust year.

Miners, drillers and other cyclicals swing wildly year to year. We value them on through-cycle earnings so a single peak or trough year doesn't distort the picture.

← All screeners

All sectors 6,380 Financial Services 1,863 Healthcare 1,091 Technology 1,046 Industrials 670 Consumer Cyclical 491 Basic Materials 338 Consumer Defensive 246 Communication Services 208 Utilities 182 Energy 163 Real Estate 82

230 stocks · page 1 of 4

Educational use only — not investment advice. "Undervalued / fairly valued / overvalued" and every risk score reflect our models vs. price, which can be wrong or based on stale or incomplete data. Always review the company's own financials and SEC filings, and consult a licensed advisor, before acting.

Basic Materials

Discount 6% Return to IV: +6.3%

Market implies +1.5%/yr vs model +2.8% · in line

Consumer Cyclical

Discount 13% Return to IV: +14.7%

Owner yield 18.4% 10-yr IRR 27.5% · steady

Market implies -0.6%/yr vs model +3.0% · below model

RYANAIR HOLDINGS PLC

Premium +1% Return to IV: -1.3%

Owner yield 5.2% 10-yr IRR 10.2% · moderate

Market implies +6.6%/yr vs model +8.0% · in line

Basic Materials

Premium +1% Return to IV: -0.9%

Market implies +1.4%/yr vs model +2.8% · in line

STANDARD MOTOR PRODUCTS, INC.

Consumer Cyclical

Discount 4% Return to IV: +4.4%

Owner yield 6.7% 10-yr IRR 13.9% · moderate

Market implies +4.9%/yr vs model +8.0% · below model

OCCIDENTAL PETROLEUM CORP /DE/

Premium +3% Return to IV: -2.8%

Owner yield 8.7% 10-yr IRR 12.5% · steady

Market implies +1.6%/yr vs model +1.5% · in line

NACCO INDUSTRIES INC

Discount 27% Return to IV: +36.4%

Market implies +1.1%/yr vs model +8.0% · below model

Scorpio Tankers Inc.

Premium +8% Return to IV: -7.2%

Owner yield 11.5% 10-yr IRR 15.7% · steady

Market implies -0.9%/yr vs model +0.0% · in line

Premium +1% Return to IV: -0.9%

Owner yield 7.6% 10-yr IRR 13.9% · steady

Market implies +4.8%/yr vs model +5.7% · in line

WARRIOR MET COAL, INC.

Discount 1% Return to IV: +0.6%

Market implies +4.1%/yr vs model +5.0% · in line

LOCKHEED MARTIN CORP

Consumer Cyclical

Model IV$497.12

Premium +0% Return to IV: -0.4%

Owner yield 5.0% 10-yr IRR 8.5% · moderate

Market implies +5.3%/yr vs model +6.5% · in line

Consumer Cyclical

Discount 7% Return to IV: +7.1%

Owner yield 6.4% 10-yr IRR 13.1% · moderate

Market implies +4.4%/yr vs model +8.0% · below model

MINERALS TECHNOLOGIES INC

Basic Materials

Premium +4% Return to IV: -4.3%

Owner yield 5.5% 10-yr IRR 8.1% · steady

Market implies +4.3%/yr vs model +4.3% · in line

Premium +6% Return to IV: -5.3%

Owner yield 7.1% 10-yr IRR 10.5% · steady

Market implies +3.4%/yr vs model +3.0% · in line

Model IV$119.08

Premium +9% Return to IV: -8.3%

Owner yield 5.5% 10-yr IRR 8.5% · steady

Market implies +5.2%/yr vs model +4.8% · in line

MEXCO ENERGY CORP

Premium +4% Return to IV: -4.1%

Owner yield 6.7% 10-yr IRR 9.6% · steady

Market implies -1.2%/yr vs model +2.8% · below model

U-Haul Holding Co /NV/

Premium +4% Return to IV: -3.5%

Market implies +4.3%/yr vs model +4.6% · in line

INSTEEL INDUSTRIES INC

Basic Materials

Premium +17% Return to IV: -14.7%

Owner yield 9.8% 10-yr IRR 15.7% · steady

Market implies +4.0%/yr vs model +3.1% · in line

Basic Materials

Premium +7% Return to IV: -6.3%

Owner yield 2.3% 10-yr IRR -5.0% · steady

Market implies +1.6%/yr vs model +1.0% · in line

GIBRALTAR INDUSTRIES, INC.

Basic Materials

Premium +5% Return to IV: -4.9%

Owner yield 13.2% 10-yr IRR 20.2% · steady

Market implies +1.6%/yr vs model +2.3% · in line

Toll Brothers, Inc.

Model IV$122.86

Premium +9% Return to IV: -8.2%

Owner yield 7.7% 10-yr IRR 14.2% · steady

Market implies +6.1%/yr vs model +5.9% · in line

Premium +7% Return to IV: -6.5%

Owner yield 4.7% 10-yr IRR 7.0% · steady

Market implies +5.4%/yr vs model +5.5% · in line

TotalEnergies SE

Premium +5% Return to IV: -4.6%

Owner yield 8.4% 10-yr IRR 12.9% · steady

Market implies +3.0%/yr vs model +2.6% · in line

China Automotive Systems, Inc.

Consumer Cyclical

Premium +14% Return to IV: -12.5%

Market implies +6.1%/yr vs model +8.0% · in line

Andersons, Inc.

Consumer Defensive

Premium +14% Return to IV: -12.3%

Owner yield 12.9% 10-yr IRR 20.1% · steady

Market implies +3.9%/yr vs model +2.5% · in line

VAALCO ENERGY INC /DE/

Premium +14% Return to IV: -12.1%

Owner yield 4.5% 10-yr IRR 5.4% · steady

Market implies +4.5%/yr vs model +4.4% · in line

Premium +17% Return to IV: -14.8%

Owner yield 9.7% 10-yr IRR 19.8% · moderate

Market implies +7.6%/yr vs model +7.9% · in line

WERNER ENTERPRISES INC

Premium +9% Return to IV: -8.6%

Market implies +5.3%/yr vs model +4.8% · in line

Intrepid Potash, Inc.

Basic Materials

Premium +5% Return to IV: -4.7%

Owner yield 1.7% 10-yr IRR -5.9% · steady

Market implies +3.5%/yr vs model +4.5% · in line

AUTONATION, INC.

Consumer Cyclical

Model IV$144.58

Premium +8% Return to IV: -7.4%

Market implies +6.1%/yr vs model +6.1% · in line

JETBLUE AIRWAYS CORP

Discount 14% Return to IV: +15.9%

Market implies +4.3%/yr vs model +8.0% · below model

CANADIAN NATURAL RESOURCES Ltd

Premium +19% Return to IV: -15.6%

Owner yield 3.5% 10-yr IRR 0.5% · steady

Market implies +4.2%/yr vs model +2.1% · in line

Consumer Cyclical

Premium +9% Return to IV: -8.7%

Owner yield 6.5% 10-yr IRR 11.5% · steady

Market implies +6.0%/yr vs model +5.8% · in line

Atlas Energy Solutions Inc.

Premium +24% Return to IV: -19.1%

Market implies +8.3%/yr vs model +8.0% · in line

Axalta Coating Systems Ltd.

Basic Materials

Premium +23% Return to IV: -18.9%

Owner yield 5.8% 10-yr IRR 9.2% · steady

Market implies +6.8%/yr vs model +4.6% · in line

Quanex Building Products CORP

Basic Materials

Premium +20% Return to IV: -16.6%

Owner yield 10.4% 10-yr IRR 21.0% · moderate

Market implies +8.2%/yr vs model +8.0% · in line

PEABODY ENERGY CORP

Premium +21% Return to IV: -17.7%

Owner yield 8.7% 10-yr IRR 11.3% · steady

Market implies +2.8%/yr vs model +0.1% · in line

Clearwater Paper Corp

Basic Materials

Premium +10% Return to IV: -9.4%

Market implies +2.6%/yr vs model +2.5% · in line

Mativ Holdings, Inc.

Basic Materials

Premium +22% Return to IV: -17.8%

Owner yield 7.1% 10-yr IRR 11.1% · steady

Market implies +4.9%/yr vs model +3.6% · in line

LSB INDUSTRIES, INC.

Basic Materials

Discount 0% Return to IV: +0.0%

Owner yield 3.7% 10-yr IRR 2.2% · steady

Market implies +2.0%/yr vs model +3.3% · in line

Consumer Cyclical

Premium +25% Return to IV: -20.3%

Owner yield 5.6% 10-yr IRR 10.5% · moderate

Market implies +8.9%/yr vs model +7.1% · in line

Westlake Chemical Partners LP

Basic Materials

Premium +25% Return to IV: -19.8%

Owner yield 7.5% 10-yr IRR 11.7% · steady

Market implies +5.0%/yr vs model +3.2% · in line

HOME DEPOT, INC.

Consumer Cyclical

Model IV$237.13

Premium +21% Return to IV: -17.0%

Owner yield 5.3% 10-yr IRR 9.2% · moderate

Market implies +7.6%/yr vs model +6.3% · in line

HEARTLAND EXPRESS INC

Premium +22% Return to IV: -17.8%

Market implies +7.0%/yr vs model +6.4% · in line

Walker & Dunlop, Inc.

Financial Services

Premium +16% Return to IV: -13.7%

Market implies +5.6%/yr vs model +5.5% · in line

Consumer Cyclical

Premium +18% Return to IV: -15.1%

Owner yield 6.3% 10-yr IRR 12.7% · moderate

Market implies +8.5%/yr vs model +7.7% · in line

Model IV$225.39

Premium +28% Return to IV: -22.0%

Owner yield 5.2% 10-yr IRR 7.2% · steady

Market implies +7.0%/yr vs model +4.3% · in line

Basic Materials

Premium +1% Return to IV: -0.5%

Owner yield 6.8% 10-yr IRR 11.2% · steady

Market implies +2.9%/yr vs model +4.5% · in line

Consumer Cyclical

Premium +22% Return to IV: -17.7%

Owner yield 6.8% 10-yr IRR 14.1% · moderate

Market implies +9.1%/yr vs model +8.0% · in line

Koppers Holdings Inc.

Deeply overvalued

Premium +41% Return to IV: -28.9%

Owner yield 5.0% 10-yr IRR 6.5% · steady

Market implies +7.0%/yr vs model +3.8% · above model

HONDA MOTOR CO LTD

Consumer Cyclical

Premium +30% Return to IV: -23.0%

Owner yield 3.1% 10-yr IRR 2.2% · moderate

Market implies +9.0%/yr vs model +6.6% · in line

Deeply overvalued

Basic Materials

Premium +31% Return to IV: -23.4%

Owner yield 4.9% 10-yr IRR 4.9% · steady

Market implies +5.7%/yr vs model +2.2% · above model

Avery Dennison Corp

Basic Materials

Model IV$128.64

Premium +30% Return to IV: -23.0%

Owner yield 4.9% 10-yr IRR 5.7% · steady

Market implies +6.4%/yr vs model +3.3% · above model

Deeply overvalued

Consumer Defensive

Premium +37% Return to IV: -26.7%

Owner yield 4.5% 10-yr IRR 3.8% · steady

Market implies +6.3%/yr vs model +2.4% · above model

SCOTTS MIRACLE-GRO CO

Basic Materials

Premium +12% Return to IV: -10.5%

Owner yield 14.9% 10-yr IRR 20.3% · steady

Market implies -0.4%/yr vs model +0.0% · in line

United Airlines Holdings, Inc.

Premium +28% Return to IV: -22.2%

Owner yield 5.6% 10-yr IRR 11.3% · moderate

Market implies +10.6%/yr vs model +8.0% · in line

RAYONIER ADVANCED MATERIALS INC.

Basic Materials

Premium +1% Return to IV: -0.8%

Market implies +1.6%/yr vs model +3.0% · in line

Deeply overvalued

Premium +34% Return to IV: -25.1%

Owner yield 9.5% 10-yr IRR 14.2% · steady

Market implies +3.4%/yr vs model +2.0% · in line

NEWELL BRANDS INC.

Deeply overvalued

Consumer Cyclical

Premium +41% Return to IV: -29.0%

Owner yield 9.9% 10-yr IRR 15.7% · steady

Market implies +7.5%/yr vs model +2.9% · above model

Stardust Power Inc.

Basic Materials

Premium +0% Return to IV: -0.4%

Market implies +0.0%/yr vs model +5.0% · below model