Sectors & Industries IndustrialsConglomerates
Best Conglomerate Stocks to Buy Now (2022)
Top conglomerate stocks in 2022 ranked by overall Zen Score. See the best conglomerate stocks to buy now, according to analyst forecasts for the conglomerates industry.

Industry: Conglomerates

Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
TRC	TEJON RANCH CO	NYSE	Conglomerates	$448.86M	$16.95	1.38%	$22.15M	42.38x	0.20
OBCI	OCEAN BIO CHEM INC	NASDAQ	Conglomerates	$66.16M	$6.96	-0.10%	$11.59M	8.48x	0.28
CODI	COMPASS DIVERSIFIED HOLDINGS	NYSE	Conglomerates	$1.51B	$21.49	-2.58%	$224.33M	31.14x	1.62
MDU	MDU RESOURCES GROUP INC	NYSE	Conglomerates	$5.45B	$26.81	-0.04%	$843.09M	15.15x	1.67
SEB	SEABOARD CORP	NYSEMKT	Conglomerates	$4.52B	$3,892.86	1.86%	$765.00M	9.15x	0.69
SPLP	STEEL PARTNERS HOLDINGS LP	NYSE	Conglomerates	$870.04M	$42.00	-2.73%	$257.32M	10.74x	2.96
NNBR	NN INC	NASDAQ	Conglomerates	$114.99M	$2.62	0.77%	$49.05M	-5.57x	1.42
MATW	MATTHEWS INTERNATIONAL CORP	NASDAQ	Conglomerates	$981.14M	$31.34	1.52%	$130.74M	-45.42x	2.10
IEP	ICAHN ENTERPRISES LP	NASDAQ	Conglomerates	$15.75B	$51.32	-0.10%	$763.00M	-27.74x	5.25
IGC	INDIA GLOBALIZATION CAPITAL INC	NYSEMKT	Conglomerates	$22.21M	$0.44	-3.33%	-$10.81M	-1.74x	0.06
CETX	CEMTREX INC	NASDAQ	Conglomerates	$6.85M	$0.26	-11.22%	-$11.05M	-0.31x	1.94
BBU	BROOKFIELD BUSINESS PARTNERS LP	NYSE	Conglomerates	$1.72B	$22.31	-2.87%	$4.08B	-202.82x	12.43

Conglomerate Stocks FAQ

What are the best conglomerate stocks to buy right now in May 2022?

According to Zen Score, the 3 best conglomerate stocks to buy right now are:

1. TEJON RANCH (NYSE:TRC)

TEJON RANCH (NYSE:TRC) is the top conglomerate stock with a Zen Score of 51, which is 18 points higher than the conglomerate industry average of 33. It passed 16 out of 33 due diligence checks and has strong fundamentals. TEJON RANCH has seen its stock return 12.48% over the past year, overperforming other conglomerate stocks by 8 percentage points.

2. OCEAN BIO CHEM (NASDAQ:OBCI)

OCEAN BIO CHEM (NASDAQ:OBCI) is the second best conglomerate stock with a Zen Score of 49, which is 16 points higher than the conglomerate industry average of 33. It passed 18 out of 38 due diligence checks and has strong fundamentals. OCEAN BIO CHEM has seen its stock lose -45.22% over the past year, underperforming other conglomerate stocks by -50 percentage points.

3. COMPASS DIVERSIFIED HOLDINGS (NYSE:CODI)

COMPASS DIVERSIFIED HOLDINGS (NYSE:CODI) is the third best conglomerate stock with a Zen Score of 46, which is 13 points higher than the conglomerate industry average of 33. It passed 18 out of 38 due diligence checks and has strong fundamentals. COMPASS DIVERSIFIED HOLDINGS has seen its stock lose -15.26% over the past year, underperforming other conglomerate stocks by -20 percentage points.

COMPASS DIVERSIFIED HOLDINGS has an average 1 year price target of $32.50, an upside of 51.23% from COMPASS DIVERSIFIED HOLDINGS's current stock price of $21.49.

COMPASS DIVERSIFIED HOLDINGS stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering COMPASS DIVERSIFIED HOLDINGS, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the conglomerate stocks with highest dividends?

Out of 7 conglomerate stocks that have issued dividends in the past year, the 3 conglomerate stocks with the highest dividend yields are:

1. ICAHN ENTERPRISES (NASDAQ:IEP)

ICAHN ENTERPRISES (NASDAQ:IEP) has an annual dividend yield of 19.49%, which is 14 percentage points higher than the conglomerate industry average of 5.5%. ICAHN ENTERPRISES's dividend payout is stable, having never dropped by more than 10% in the last 10 years. ICAHN ENTERPRISES's dividend has shown consistent growth over the last 10 years.

ICAHN ENTERPRISES's dividend payout ratio of -432.4% indicates that its high dividend yield might not be sustainable for the long-term.

2. COMPASS DIVERSIFIED HOLDINGS (NYSE:CODI)

COMPASS DIVERSIFIED HOLDINGS (NYSE:CODI) has an annual dividend yield of 9.77%, which is 4 percentage points higher than the conglomerate industry average of 5.5%. COMPASS DIVERSIFIED HOLDINGS's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. COMPASS DIVERSIFIED HOLDINGS's dividend has not shown consistent growth over the last 10 years.

COMPASS DIVERSIFIED HOLDINGS's dividend payout ratio of 304.3% indicates that its high dividend yield might not be sustainable for the long-term.

3. MDU RESOURCES GROUP (NYSE:MDU)

MDU RESOURCES GROUP (NYSE:MDU) has an annual dividend yield of 3.21%, which is -2 percentage points lower than the conglomerate industry average of 5.5%. MDU RESOURCES GROUP's dividend payout is stable, having never dropped by more than 10% in the last 10 years. MDU RESOURCES GROUP's dividend has shown consistent growth over the last 10 years.

MDU RESOURCES GROUP's dividend payout ratio of 48.6% indicates that its dividend yield is sustainable for the long-term.

Why are conglomerate stocks up?

Conglomerate stocks were up 1.71% in the last day, and down -0.8% over the last week.

We couldn't find a catalyst for why conglomerate stocks are up.

What are the most undervalued conglomerate stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued conglomerate stocks right now are:

1. OCEAN BIO CHEM (NASDAQ:OBCI)

OCEAN BIO CHEM (NASDAQ:OBCI) is the most undervalued conglomerate stock based on WallStreetZen's Valuation Score. OCEAN BIO CHEM has a valuation score of 86, which is 42 points higher than the conglomerate industry average of 44. It passed 6 out of 7 valuation due diligence checks.

OCEAN BIO CHEM's stock has dropped -45.22% in the past year. It has underperformed other stocks in the conglomerate industry by -50 percentage points.

2. STEEL PARTNERS HOLDINGS (NYSE:SPLP)

STEEL PARTNERS HOLDINGS (NYSE:SPLP) is the second most undervalued conglomerate stock based on WallStreetZen's Valuation Score. STEEL PARTNERS HOLDINGS has a valuation score of 71, which is 27 points higher than the conglomerate industry average of 44. It passed 5 out of 7 valuation due diligence checks.

STEEL PARTNERS HOLDINGS's stock has gained 58.73% in the past year. It has overperformed other stocks in the conglomerate industry by 54 percentage points.

3. SEABOARD (NYSEMKT:SEB)

SEABOARD (NYSEMKT:SEB) is the third most undervalued conglomerate stock based on WallStreetZen's Valuation Score. SEABOARD has a valuation score of 57, which is 13 points higher than the conglomerate industry average of 44. It passed 4 out of 7 valuation due diligence checks.

SEABOARD's stock has gained 5.88% in the past year. It has overperformed other stocks in the conglomerate industry by 2 percentage points.

Are conglomerate stocks a good buy now?

57.14% of conglomerate stocks rated by analysts are a strong buy right now. On average, analysts expect conglomerate stocks to rise by 61.53% over the next year.

What is the average p/e ratio of the conglomerates industry?

The average P/E ratio of the conglomerates industry is -19.2x.

WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.