When looking for value opportunities in capital-intensive companies, investors might be interested in stocks with tangible price-to-book ratios that are more attractive than their industry’s medians.

The tangible price-to-book ratio is preferred over the price-to-book ratio for these listed companies, as the valuation of their activity is based primarily on tangible assets.

China Automotive Systems Inc

The first stock that holds the criteria is China Automotive Systems Inc (CAAS, Financial), an automotive systems and components manufacturer based in Jingzhou, People’s Republic of China, with a distribution network that primarily supplies original equipment manufacturers in China. The company also sells its products in North America and Brazil and supports other industry operators with after-sales services as well as research and development.

China Automotive Systems Inc has a tangible price-to-book ratio of 0.52, which is more convincing than the industry median of 1.82 and ranks above 90.07% of the 1,088 competitors that operate in the vehicle and parts sector.

The share price was $ 4.93 as of June 10. The tangible book value per share was approximately $ 9.52 in the March 2021 quarter.

The stock price has risen 114.34% in the past year for a market cap of $ 152.10 million and a 52-week range of $ 2 to $ 13.69.

GuruFocus assigned a score of 4 out of 10 for the financial strength rating and 6 out of 10 for the profitability rating of the company.

On Wall Street, the stock has a buy recommendation rating and a target price of $ 6 per share.

Alliance Resource Partners LP

The second share that meets the criteria is Alliance Resource Partners LP (ARLP, Financial), a Tulsa, Oklahoma-based coal producer and distributor with approximately 1.65 billion tonnes of proven and probable coal reserves in Illinois, Indiana, Kentucky, Maryland, Pennsylvania and Virginia -Western. The company mainly supplies utilities and industrial users in the United States

Alliance Resource Partners LP’s tangible price-to-book ratio of 0.82 is more attractive than the industry median of 1.55, and it ranks higher than 108 companies out of a total of 142 competitors that operate in the other energy sources industry.

As of June 10, the share price was $ 7.01, while the tangible book value per share was $ 8.52 in the March 2021 quarter.

The stock price has risen nearly 74% in the past year to a market cap of $ 891.64 million and a 52-week range of $ 2.63 to $ 7.4.

1403355758896177152.png

GuruFocus assigned a score of 4 out of 10 for the financial strength rating and 7 out of 10 for the profitability rating of the company.

On Wall Street, the stock has a buy recommendation rating with a target price of $ 7 per share.

Atlas Air Holdings Mondial Inc

The third share that holds the criteria is Atlas Air Worldwide Holdings Inc (AAWW, Financial), a New York-based provider of procurement of outsourced cargo and passenger aircraft operating solutions and charter services from various organizations, including the US Military Air Mobility Command. The company also serves airlines, express carriers and e-commerce retailers. The company has operating activities in the Americas and abroad.

Atlas Air Worldwide Holdings Inc’s tangible price-to-book ratio of 0.92 is more attractive than the industry median of 1.59, ranking better than 72% of the 809 companies operating in the transportation industry. .

The share price was trading at $ 73.70 on June 10, while the tangible book value per share was $ 79.77 for the March 2021 quarter.

The stock price has risen nearly 87% over the past year, determining a market cap of $ 2.14 billion and a 52-week range of $ 38.02 to $ 76.22.

1403355762255814656.png

GuruFocus assigned a score of 4 out of 10 for the financial strength rating and 7 out of 10 for the profitability rating of the company.

On Wall Street, the stock has a median overweight recommendation rating and an average target price of $ 94.67 per share.

Disclosure: I have no position in any of the titles mentioned.



Source link