Industrials Sector: Value Investing Analysis
About the Industrials Sector
Companies that manufacture machinery, hand-held tools, and industrial products. This sector also includes aerospace and defense firms as well as companies engaged in transportation services. Companies in this sector include 3M, Boeing, and Siemens.
The Industrials sector groups related businesses that share similar economic characteristics, market dynamics, and competitive forces. By analyzing stocks within this sector, you can compare companies on a more level playing field—making it easier to identify which businesses offer the best value for your investment dollars.
Understanding sector performance helps you evaluate whether individual stocks are cheap or expensive relative to their peers. A P/E ratio that looks high in one sector might be a bargain in another. This context is essential for value investors seeking to calculate realistic expected returns.
Industrials Stocks: Value Analysis
Below are the stocks we track in the Industrials sector, with key value investing metrics. If you have special knowledge about this sector, you have an advantage—use these metrics to find stocks that may be trading below their intrinsic value.
| Company | Current Price | Current Price Discount 10 years |
|---|---|---|
| Casella Waste Systems (CWST) |
$82.24 | none |
| HealthEquity (HQY) |
$88.25 | none |
| CIRCOR International (CIR) |
$34.31 | none |
| TTEC Holdings (TTEC) |
$1.23 | none |
| Geospatial Corporation (GSPH) |
$0.00 | none |
| Sea Limited (SE) |
$99.55 | none |
| Clean Harbors (CLH) |
$313.04 | none |
| ArcBest Corporation (ARCB) |
$125.16 | none |
| Lyft (LYFT) |
$14.87 | none |
| International Seaways (INSW) |
$105.64 | none |
| TAT Technologies Ltd. (TATT) |
$38.01 | none |
| Highway Holdings Limited (HIHO) |
$0.90 | 45.5% |
| GATX Corporation (GATX) |
$177.89 | none |
| Scorpio Tankers (STNG) |
$87.85 | none |
| QuinStreet (QNST) |
$17.55 | none |
| Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC) |
$202.78 | 11.9% |
| Willdan Group (WLDN) |
$79.99 | none |
| Transcend Services (TRCR) |
$0.00 | none |
| Eaton Corporation plc (ETN) |
$424.77 | none |
| Ardmore Shipping Corporation (ASC) |
$19.05 | none |
(ZOLT) |
$0.00 | none |
| Eagle Bulk Shipping (EGLE) |
$32.00 | none |
| Fidelity National Information Services (FIS) |
$36.43 | 51.0% |
| Mastech Digital (MHH) |
$7.43 | none |
| Teekay Corporation (TK) |
$14.67 | none |
| Acme United Corporation (ACU) |
$61.94 | none |
| Northrop Grumman Corporation (NOC) |
$527.39 | none |
| Booz Allen Hamilton Holding Corporation (BAH) |
$77.07 | none |
| Deere & Company (DE) |
$683.99 | none |
| Danaos Corporation (DAC) |
$161.19 | none |
| CSX Corporation (CSX) |
$47.10 | none |
| Golden Ocean Group Limited (GOGL) |
$24.43 | none |
| SFL Corporation Ltd. (SFL) |
$13.63 | none |
| Canadian National Railway Company (CNI) |
$118.95 | none |
| root9B Holdings (RTNB) |
$0.00 | none |
| Thermon Group Holdings (THR) |
$61.14 | none |
| PayPal Holdings (PYPL) |
$52.41 | none |
| Mueller Water Products (MWA) |
$21.91 | none |
| Helios and Matheson Analytics (HMNY) |
$0.00 | none |
| Marten Transport, Ltd. (MRTN) |
$13.22 | none |
| Textron (TXT) |
$79.69 | none |
| Malibu Boats (MBUU) |
$23.63 | none |
| United Rentals (URI) |
$1013.91 | none |
| Shift4 Payments (FOUR) |
$38.98 | none |
| Silvercorp Metals (SVM) |
$11.83 | none |
| ASML Holding N.V. (ASML) |
$1679.92 | none |
| Valmont Industries (VMI) |
$474.64 | none |
| AMN Healthcare Services (AMN) |
$34.26 | none |
| Global Payments (GPN) |
$85.29 | none |
| Akamai Technologies (AKAM) |
$104.52 | none |
| S&P Global (SPGI) |
$404.47 | none |
| AECOM (ACM) |
$61.99 | none |
| FuelCell Energy (FCEL) |
$18.11 | none |
| Matson (MATX) |
$232.92 | none |
| Tetra Tech (TTEK) |
$35.69 | none |
| Visa (V) |
$369.95 | none |
| Sturm, Ruger & Company (RGR) |
$41.52 | none |
| The Boeing Company (BA) |
$201.15 | none |
| Chicago Rivet & Machine Co. (CVR) |
$10.25 | 43.4% |
| Altisource Portfolio Solutions S.A. (ASPS) |
$5.68 | 85.8% |
| Quanta Services (PWR) |
$636.71 | none |
| The RMR Group (RMR) |
$18.73 | none |
| BG Staffing (BGSF) |
$4.95 | none |
| J.B. Hunt Transport Services (JBHT) |
$236.17 | none |
| L3Harris Technologies (LHX) |
$247.29 | none |
| Tennant Company (TNC) |
$67.40 | none |
| CRA International (CRAI) |
$165.38 | none |
| LiqTech International (LIQT) |
$0.70 | none |
(HHGP) |
$0.00 | none |
| Veeco Instruments (VECO) |
$42.72 | none |
| Fortress Transportation and Infrastructure Investors LLC (FTAI) |
$190.74 | none |
| Diana Shipping (DSX) |
$2.97 | 24.2% |
| Graco (GGG) |
$76.26 | none |
| CoStar Group (CSGP) |
$29.09 | 60.2% |
| Ducommun Incorporated (DCO) |
$166.25 | none |
| Costamare (CMRE) |
$15.09 | none |
| Prism Technologies Group (PRZM) |
$0.00 | none |
| Xylem (XYL) |
$107.24 | none |
| FLEETCOR Technologies (FLT) |
$0.00 | none |
| C.H. Robinson Worldwide (CHRW) |
$152.99 | none |
| Qiwi plc (QIWI) |
$5.67 | none |
| SPX Corporation (SPXC) |
$181.19 | none |
| Cross Country Healthcare (CCRN) |
$13.25 | none |
| XPO Logistics (XPO) |
$174.34 | none |
| Standex International Corporation (SXI) |
$262.51 | none |
| Gates Industrial Corporation plc (GTES) |
$25.61 | none |
| The Timken Company (TKR) |
$117.14 | none |
| Kornit Digital Ltd. (KRNT) |
$15.38 | none |
| The ExOne Company (XONE) |
$49.16 | none |
| Etsy (ETSY) |
$72.60 | none |
| Caterpillar (CAT) |
$808.99 | none |
| Ryanair Holdings plc (RYAAY) |
$53.51 | none |
| Booking Holdings (BKNG) |
$167.90 | none |
| Axcelis Technologies (ACLS) |
$109.32 | none |
| Universal Logistics Holdings (ULH) |
$17.70 | none |
| MercadoLibre (MELI) |
$1787.39 | none |
| Acuity Brands (AYI) |
$302.96 | none |
| Expedia Group (EXPE) |
$279.35 | none |
| Werner Enterprises (WERN) |
$35.67 | none |
| FTI Consulting (FCN) |
$141.18 | none |
| Columbus McKinnon Corporation (CMCO) |
$15.76 | none |
| Chart Industries (GTLS) |
$209.90 | none |
| Pinduoduo (PDD) |
$78.90 | none |
| The Manitowoc Company (MTW) |
$22.35 | none |
| Johnson Controls International plc (JCI) |
$143.28 | none |
| Nordic American Tankers Limited (NAT) |
$8.25 | none |
| Northern Technologies International Corporation (NTIC) |
$7.55 | none |
| Dover Corporation (DOV) |
$187.42 | none |
| Lockheed Martin Corporation (LMT) |
$533.38 | none |
| Schneider National (SNDR) |
$32.61 | none |
| Makita Corporation (MKTAY) |
$34.52 | none |
| Triton International Limited (TRTN) |
$0.00 | none |
| Servotronics (SVT) |
$0.00 | none |
| MasterCraft Boat Holdings (MCFT) |
$24.24 | none |
| Radware Ltd. (RDWR) |
$28.42 | none |
| Lincoln Electric Holdings (LECO) |
$261.31 | none |
| Seanergy Maritime Holdings Corp. (SHIP) |
$17.49 | none |
| Elbit Systems Ltd. (ESLT) |
$808.65 | none |
| ProShares Ultra Bloomberg Crude Oil (UCO) |
$40.42 | none |
| Norfolk Southern Corporation (NSC) |
$335.74 | none |
| Astronics Corporation (ATRO) |
$71.12 | none |
| Flowserve Corporation (FLS) |
$69.94 | none |
| American Airlines Group (AAL) |
$15.27 | none |
| Twin Disc, Incorporated (TWIN) |
$22.81 | none |
| Art's-Way Manufacturing Co. (ARTW) |
$2.16 | none |
| The Greenbrier Companies (GBX) |
$50.72 | none |
| Snap-on Incorporated (SNA) |
$414.83 | none |
| Schnitzer Steel Industries (SCHN) |
$0.00 | none |
| Waste Management (WM) |
$236.60 | none |
| Expeditors International of Washington (EXPD) |
$170.13 | none |
| eBay (EBAY) |
$115.30 | none |
| Pitney Bowes (PBI) |
$17.66 | none |
| Robert Half International (RHI) |
$40.13 | none |
| Union Pacific Corporation (UNP) |
$292.19 | none |
| United Parcel Service (UPS) |
$104.56 | none |
| AZZ (AZZ) |
$149.18 | none |
| CompX International (CIX) |
$28.10 | none |
| Mastercard Incorporated (MA) |
$563.32 | none |
| Paychex (PAYX) |
$122.13 | none |
| Moody's Corporation (MCO) |
$483.24 | none |
| FedEx Corporation (FDX) |
$308.61 | none |
| ABM Industries Incorporated (ABM) |
$49.36 | none |
| Republic Services (RSG) |
$218.91 | none |
| Stanley Black & Decker (SWK) |
$93.05 | none |
| General Dynamics Corporation (GD) |
$380.96 | none |
| Chase Corporation (CCF) |
$0.00 | none |
| The Western Union Company (WU) |
$8.09 | 59.2% |
| Air Transport Services Group (ATSG) |
$0.00 | none |
| Southwest Airlines Co. (LUV) |
$44.38 | none |
| CBIZ (CBZ) |
$54.80 | none |
| AeroVironment (AVAV) |
$159.18 | none |
| The Brink's Company (BCO) |
$115.61 | none |
| Barrett Business Services (BBSI) |
$40.98 | 37.4% |
| AAON (AAON) |
$84.87 | none |
| Cummins (CMI) |
$606.00 | none |
| Genuine Parts Company (GPC) |
$129.98 | none |
How to Invest in Industrials Stocks
Sector-Specific Considerations
When evaluating Industrials companies, consider these key factors:
- Sector fundamentals: Is this sector growing, mature, or declining? Growth prospects affect reasonable earnings forecasts.
- Economic sensitivity: How does this sector perform in different economic conditions? Understanding cyclicality helps you time purchases.
- Competitive dynamics: Are barriers to entry high or low? Strong moats protect profits and justify premium valuations.
- Regulatory environment: Does government policy significantly impact this sector? Regulatory changes can create risks or opportunities.
- Capital intensity: Does the business require heavy capital investment? Capital-light businesses often generate better returns.
✓ Sector Analysis Checklist
- Compare P/E ratios within the sector
- Look for strong free cash flow generation
- Assess debt levels relative to peers
- Evaluate dividend sustainability
- Check management track record
- Calculate margin of safety
Common Sector Pitfalls
- Chasing last year's hot sector
- Ignoring sector-wide headwinds
- Overpaying for market leaders
- Neglecting competitive threats
- Failing to diversify across sectors
- Not understanding the business model