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Best Basic Material Stocks to Buy Now (2024)
Top basic material stocks in 2024 ranked by overall Zen Score. See the best basic material stocks to buy now, according to analyst forecasts for the basic materials sector.

Sector: Basic Materials
Ticker
Company
Price
Valuation Score
Graham Fair Value
Graham Fair Value %
P/E
Forward P/E
P/S
P/B
PEG
Free Cash Flow
Free Cash Flow Yield
Book Value
BVPS
EV
EV/EBITDA
WLK
WESTLAKE CORP
$149.55$236.15-36.67%40.09x8.87x1.52x1.87x0.24x$1.30B6.81%$10.24B80.13$21.39B11.15
JHX
JAMES HARDIE INDUSTRIES PLC
$36.07$15.97125.83%29.57x23.27x4.10x8.29x1.36x$460.30M2.92%$1.90B4.34$16.48B16.06
LAAC
LITHIUM AMERICAS (ARGENTINA) CORP
$5.25$4.6313.51%47.73x11.93xN/A1.02x0.46x-$66.84M-8.19%$828.93M5.34$921.64M0.70
NRP
NATURAL RESOURCE PARTNERS LP
$91.73$134.07-31.58%5.88xN/A3.13x2.18x0.66x$310.97M26.83%$531.05M42.03$1.30B5.48
RGLD
ROYAL GOLD INC
$124.58$24.31412.53%34.23x32.96x13.49x2.83x10.07x$415.79M5.09%$2.89B44.02$8.33B17.42
CLW
CLEARWATER PAPER CORP
$40.23$152.57-73.63%6.30xN/A0.33x0.99x0.12x$117.00M17.25%$668.80M39.66$1.08B3.98
MSB
MESABI TRUST
$17.31N/AN/A11.96xN/A9.93x10.83xN/A$14.61M6.43%$20.98M1.60$203.13M10.70
MT
ARCELORMITTAL
$25.37$76.22-66.71%23.28x4.53x0.30x0.39x0.13x$3.75B18.04%$53.96B65.87$23.68B5.05
NTIC
NORTHERN TECHNOLOGIES INTERNATIONAL CORP
$17.31N/AN/A36.06xN/A1.97x2.39xN/A$6.16M3.77%$68.35M7.25$162.67M19.48
DOOR
MASONITE INTERNATIONAL CORP
$131.61$270.46-51.34%24.51x9.49x1.02x3.40x0.19x$295.14M10.22%$848.25M38.68$4.01B12.00
LEU
CENTRUS ENERGY CORP
$41.57$318.42-86.94%7.49xN/A1.97x20.17x0.05x$7.50M1.19%$32.30M2.12$609.24M6.56
MTRN
MATERION CORP
$119.40$66.7578.89%25.73xN/A1.48x2.79x1.01x$25.19M1.02%$885.05M42.92$2.95B14.67
CLF
CLEVELAND-CLIFFS INC
$17.88$38.87-54.01%23.53x6.72x0.39x1.18x0.18x$1.81B21.27%$7.20B15.15$12.14B6.82
KGC
KINROSS GOLD CORP
$6.74$3.7579.81%19.82x14.65x1.95x1.36x1.25x$530.30M6.41%$6.08B4.96$10.16B5.64
IDR
IDAHO STRATEGIC RESOURCES INC
$9.00N/AN/A100.00xN/A8.08x6.37xN/A-$62.84k-0.06%$17.75M1.45$112.78M42.26
KALU
KAISER ALUMINUM CORP
$94.92N/AN/A27.28xN/A0.50x2.29xN/A$163.40M10.74%$664.90M41.49$2.49B11.31
SXT
SENSIENT TECHNOLOGIES CORP
$70.36N/AN/A31.69xN/A2.03x2.83xN/A$81.99M2.77%$1.05B25.06$3.61B16.96
GEVO
GEVO INC
$0.65N/AN/A-2.31x-3.59x8.99x0.28xN/A-$108.14M-70.02%$557.39M2.34-$149.81M3.33
AVTR
AVANTOR INC
$23.94$26.40-9.30%61.38x12.47x2.36x3.05x0.35x$639.00M3.93%$5.34B7.87$21.35B21.11
ASIX
ADVANSIX INC
$26.01N/AN/A13.01xN/A0.46x0.94xN/A$10.17M1.43%$739.24M27.08$930.71M6.22
APT
ALPHA PRO TECH LTD
$6.15$2.47149.19%17.57xN/A1.19x1.14x3.94x$7.67M10.52%$61.57M5.19$54.96M7.75
SIM
GRUPO SIMEC SAB DE CV
$31.00$40.76-23.95%10.95xN/A1.59x1.79x0.43x$402.71M8.43%$2.66B17.28$3.57B5.22
ESI
ELEMENT SOLUTIONS INC
$23.85$27.61-13.63%48.67x12.42x2.47x2.48x0.33x$282.30M4.90%$2.33B9.65$7.41B21.36
CE
CELANESE CORP
$154.49N/AN/A8.58x8.98x1.54x2.37xN/A$1.33B7.92%$7.09B65.15$29.03B11.04
MP
MP MATERIALS CORP
$16.00N/AN/A114.29x5.00x11.19x2.09xN/A-$196.38M-6.93%$1.37B7.71$2.54B27.01
EGO
ELDORADO GOLD CORP
$15.20$13.5512.14%24.92x15.67x2.97x0.86x0.52x-$21.60M-0.70%$3.59B17.69$3.23B7.02
BTU
PEABODY ENERGY CORP
$23.65N/AN/A4.28x6.13x0.61x0.86xN/A$687.20M22.64%$3.55B27.63$2.45B1.69
CMCL
CALEDONIA MINING CORP PLC
$10.00N/AN/A-41.67xN/A1.31x0.80xN/A-$15.62M-8.14%$239.72M12.49$210.23MN/A
WTTR
SELECT WATER SOLUTIONS INC
$9.48$5.5570.73%12.99xN/A0.71x1.45x2.15x$166.38M14.85%$772.49M6.54$1.12B6.99
KOP
KOPPERS HOLDINGS INC
$52.73$35.4048.96%12.32x11.22x0.51x2.22x1.55x$25.60M2.33%$498.90M23.95$1.97B7.83
AMR
ALPHA METALLURGICAL RESOURCES INC
$343.90$475.68-27.70%6.72x20.33x1.40x2.84x0.62x$613.96M12.66%$1.57B111.58$4.21B4.26
ZEUS
OLYMPIC STEEL INC
$66.68$26.50151.58%17.32xN/A0.36x1.34x4.34x$154.08M19.97%$555.48M48.00$954.37M9.11
HNRG
HALLADOR ENERGY CO
$5.17$21.23-75.64%3.83xN/A0.27x0.67x0.13x-$15.88M-9.26%$268.59M8.11$292.21M2.24
IE
IVANHOE ELECTRIC INC
$10.68$34.43-68.98%5.48x-12.42x281.05x3.43x0.16x-$232.60M-21.25%$374.25M3.65$1.16B-5.96
SUM
SUMMIT MATERIALS INC
$40.00N/AN/A16.67x25.27x1.82x3.02xN/A$197.67M4.15%$2.31B19.38$8.13B11.11
KRO
KRONOS WORLDWIDE INC
$11.60N/AN/A-26.98x6.82x0.80x1.65xN/A-$41.90M-3.14%$808.30M7.02$1.59B-589.52
AVNT
AVIENT CORP
$43.22$35.4521.92%52.07x11.05x1.25x1.70x0.49x$89.80M2.28%$2.32B25.46$5.53B14.16
JCTCF
JEWETT CAMERON TRADING CO LTD
$5.37N/AN/A10.53xN/A0.36x0.76xN/A$9.48M50.39%$24.89M7.10$17.67M5.65
SNES
SENESTECH INC
$0.73N/AN/A-0.06x-0.01x0.41x0.59xN/A-$7.72M-1,579.84%$6.35M9.48-$1.24M0.16
ECL
ECOLAB INC
$221.10$43.32410.42%45.87x37.16x4.11x7.85x4.59x$1.65B2.61%$8.04B28.23$70.81B23.96
WPM
WHEATON PRECIOUS METALS CORP
$54.00$7.01670.25%45.49x40.60x24.06x3.50x38.13x$125.85M0.51%$6.99B15.43$23.93B31.46
CX
CEMEX SAB DE CV
$8.27$11.79-29.84%41.98x9.96x0.78x1.16x0.27x$566.00M4.66%$10.50B7.14$20.50B7.92
ASTL
ALGOMA STEEL GROUP INC
$7.86$22.42-64.94%19.85x5.04x0.38x0.76x0.14x-$127.61M-15.67%$1.08B10.38$849.40M5.00
BTG
B2GOLD CORP
$2.62N/AN/A262.00xN/A1.67x0.90xN/A$165.55M5.11%$3.81B3.09$3.30B10.89
X
UNITED STATES STEEL CORP
$37.42N/AN/A9.40x16.86x0.46x0.76xN/A-$468.00M-5.59%$11.05B49.38$9.76B5.69
CEIX
CONSOL ENERGY INC
$85.73N/AN/A4.31x8.29x0.99x1.89xN/A$686.93M27.07%$1.34B45.38$2.55B2.43
DD
DUPONT DE NEMOURS INC
$73.71$36.9899.30%78.41x21.13x2.75x1.27x0.81x$1.30B3.92%$24.28B53.97$35.78B18.47
ASPN
ASPEN AEROGELS INC
$16.10N/AN/A-24.39x-115.00x4.68x2.53xN/A-$218.07M-19.50%$488.06M7.03$1.23B-42.76
CSTM
CONSTELLIUM SE
$20.70N/AN/A11.88xN/A0.40x3.18xN/A$210.75M6.93%$956.99M6.52$4.91B7.37
SEED
ORIGIN AGRITECH LTD
$3.34N/AN/A2.84xN/A1.68x-2.65xN/A-$2.46M-11.26%-$7.99M-1.22$17.89M2.12
FCX
FREEPORT-MCMORAN INC
$50.50$20.73143.65%39.45x17.84x3.17x4.34x1.29x$682.00M0.94%$16.69B11.64$75.89B11.33
PKX
POSCO HOLDINGS INC
$71.60N/AN/A17.08xN/A0.38x0.54xN/A-$847.40M-3.90%$40.60B133.77$36.43B4.62
LOMA
LOMA NEGRA COMPANIA INDUSTRIAL ARGENTINA SOCIEDAD ANONIMA
$7.19$8.74-17.75%47.30x8.17x1.26x1.58x0.32x$112.44M13.39%$532.20M4.56$936.66M4.08
EXK
ENDEAVOUR SILVER CORP
$2.78$1.13146.21%92.67x4.79x2.65x1.56x1.01x-$98.45M-18.06%$386.34M1.97$577.20M11.92
KNF
KNIFE RIVER CORP
$78.25N/AN/A24.23xN/A1.56x3.50xN/A$219.73M4.96%$1.27B22.38$4.89B11.45
FSI
FLEXIBLE SOLUTIONS INTERNATIONAL INC
$2.19$1.2673.82%9.95xN/A0.71x0.77x14.61x$2.00M7.35%$35.20M2.83$32.29M6.62
PRM
PERIMETER SOLUTIONS SA
$7.06N/AN/A16.05x35.30x3.39x0.89xN/A-$9.24M-0.85%$1.15B7.45$1.67B9.64
AZEK
AZEK CO INC
$46.13$6.40620.66%58.39xN/A4.87x4.95x7.82x$264.21M3.89%$1.36B9.23$7.04B20.82
GPRE
GREEN PLAINS INC
$21.40N/AN/A-13.46x7.56x0.38x1.63xN/A-$26.34M-2.09%$843.73M14.35$1.67B45.28
MTUS
METALLUS INC
$21.35N/AN/A13.51x11.24x0.69x1.28xN/A$75.40M8.05%$731.60M16.67$681.04M4.66
JELD
JELD-WEN HOLDING INC
$21.40N/AN/A29.32xN/A0.42x2.15xN/A$263.61M14.49%$850.65M10.01$2.89B8.55
SXC
SUNCOKE ENERGY INC
$10.57$3.73183.21%15.54x15.54x0.43x1.44xN/A$139.80M15.62%$614.20M7.25$1.24B4.72
BYU
BAIYU HOLDINGS INC
$1.21N/AN/A-2.52xN/A0.04x0.06xN/A$9.51M167.93%$385.94M82.43$28.33M2.36
PLL
PIEDMONT LITHIUM INC
$12.17N/AN/A-10.68x2.02x5.82x0.71xN/A-$55.15M-23.81%$332.33M17.46$165.15M-9.12
UEC
URANIUM ENERGY CORP
$6.91N/AN/A-691.00xN/A45.76x3.63xN/A-$65.05M-2.39%$769.15M1.95$2.70B-1,100.60
FBIN
FORTUNE BRANDS INNOVATIONS INC
$74.18$20.33264.85%23.25xN/A2.03x4.08x9.20x$799.30M8.49%$2.29B18.07$11.80B14.10
SCL
STEPAN CO
$83.98N/AN/A47.45xN/A0.82x1.55xN/A-$85.46M-4.47%$1.22B53.41$2.46B14.85
BCPC
BALCHEM CORP
$139.26$24.28473.45%41.20xN/A4.87x4.26x8.50x$147.75M3.29%$1.05B32.67$4.76B22.16
EQX
EQUINOX GOLD CORP
$5.53N/AN/A61.44xN/A1.59x0.72xN/A-$164.84M-9.53%$2.44B7.81$2.48B8.51
VOXR
VOX ROYALTY CORP
$2.12N/AN/AN/AN/A8.12x2.36xN/A-$224.13k-0.24%$44.92M0.95$96.09M19.50
GAU
GALIANO GOLD INC
$1.58N/AN/A13.17xN/AN/A1.77xN/A-$3.63M-1.01%$200.92M0.89$300.39M11.44
ORLA
ORLA MINING LTD
$4.03N/AN/A-44.78x14.39x5.37x3.17xN/A$44.44M3.55%$400.54M1.29$1.26B25.98
LVRO
LAVORO LTD
$5.60N/AN/A-5.70xN/A0.34x1.77xN/A-$49.55M-7.79%$360.39M3.17$952.07M12.86
SAND
SANDSTORM GOLD LTD
$5.63$2.06173.65%40.21x7.93x9.32x1.17x1.53x$155.37M9.27%$1.43B4.81$2.11B13.05
TRX
TRX GOLD CORP
$0.46$0.05738.11%46.00xN/A3.57x2.34xN/A-$1.14M-0.87%$55.00M0.20$120.56MN/A
CRH
CRH PUBLIC LTD CO
$78.55N/AN/A18.02x20.67x1.63x2.60xN/A$3.30B5.81%$20.85B28.81$60.91B9.51
FURY
FURY GOLD MINES LTD
$0.47N/AN/A5.34xN/AN/A0.51xN/A-$8.61M-12.55%$134.47M0.92$63.29M4.81
LGO
LARGO INC
$1.60N/AN/A-3.14x1.05x0.52x0.41xN/A-$41.53M-40.56%$248.65M3.88$135.58M35.46
MTEN
MINGTENG INTERNATIONAL CORP INC
$3.95N/AN/A11.62xN/A2.55xN/AN/A$1.26M6.41%$6.39M1.28N/AN/A
LIN
LINDE PLC
$443.18$105.87318.60%34.90x30.93x6.59x5.37x4.29x$5.52B2.55%$39.72B81.36$228.13B18.97
LXU
LSB INDUSTRIES INC
$8.21N/AN/A22.19xN/A1.01x1.16xN/A$69.92M11.67%$518.33M7.10$1.11B7.71
PZG
PARAMOUNT GOLD NEVADA CORP
$0.44N/AN/A3.42xN/AN/A0.66xN/A-$4.58M-17.34%$40.78M0.69$29.57M-4.71
TECK
TECK RESOURCES LTD
$50.38$21.24137.17%22.43x12.29x2.37x1.38x1.98x-$837.68M-3.21%$18.97B36.65$30.86B7.76
ALTO
ALTO INGREDIENTS INC
$1.94N/AN/A-4.85x3.13x0.12x0.53xN/A-$7.51M-5.26%$279.56M3.81$206.83M79.64
CARR
CARRIER GLOBAL CORP
$60.50$38.0558.99%41.16x22.16x2.36x4.72x0.71x$2.02B3.72%$11.56B12.86$70.60B24.66
AEHL
ANTELOPE ENTERPRISE HOLDINGS LTD
$2.07N/AN/A14.48xN/A0.07x0.28xN/A-$11.12M-256.43%$15.56M7.43$5.20M3.78
BHIL
BENSON HILL INC
$0.20N/AN/A-0.32x-0.29x0.08x0.48xN/A-$59.02M-159.39%$86.04M0.46$171.59M-2.92
GURE
GULF RESOURCES INC
$1.52N/AN/A-2.98xN/A0.38x0.06xN/A$4.38M27.63%$260.72M24.99-$78.99M-3.63
LOOP
LOOP INDUSTRIES INC
$2.84N/AN/A-12.35x-5.68x946.67x7.14xN/A-$7.25M-5.39%$18.90M0.40$127.93M-13.00
UAMY
UNITED STATES ANTIMONY CORP
$0.23N/AN/A-3.75xN/A2.78x0.95xN/A-$6.28M-25.78%$25.52M0.24$12.22M-2.27
AUST
AUSTIN GOLD CORP
$0.88N/AN/A-3.98xN/AN/A1.40xN/A-$2.39M-20.45%$8.33M0.63$11.01M-3.74
HYMC
HYCROFT MINING HOLDING CORP
$3.78N/AN/A-1.45xN/AN/A6.27xN/A-$42.52M-53.28%$12.66M0.60$91.80M-2.81
ODV
OSISKO DEVELOPMENT CORP
$2.08N/AN/A-1.28x2.00x7.38x0.41xN/A-$85.34M-49.76%$430.29M5.22$154.87M-1.17
SSL
SASOL LTD
$6.93N/AN/A9.31xN/A0.29x0.42xN/A$274.97M6.19%$10.46B16.33$9.23B7.47
ASPI
ASP ISOTOPES INC
$3.44N/AN/A-7.02xN/A264.62x10.33xN/A-$7.74M-6.80%$16.30M0.49$162.53M-10.07
NC
NACCO INDUSTRIES INC
$28.15N/AN/A-5.32xN/A0.98x0.55xN/A-$27.07M-12.86%$382.34M51.13$169.79M-5.25
TROX
TRONOX HOLDINGS PLC
$17.48N/AN/A-8.65x4.29x0.96x1.42xN/A-$71.00M-2.60%$1.94B12.38$5.42B11.29
NXE
NEXGEN ENERGY LTD
$7.96N/AN/A67.46x-398.00xN/A6.94xN/A-$123.84M-3.13%$602.96M1.21$4.09B72.34
MUX
MCEWEN MINING INC
$12.26N/AN/A10.57xN/A3.51x1.21xN/A-$65.74M-11.28%$502.42M10.57$620.09M7.51
IFF
INTERNATIONAL FLAVORS & FRAGRANCES INC
$84.61N/AN/A-8.42x11.92x1.88x1.48xN/A$963.00M4.46%$14.61B57.30$31.61B-31.61

Basic Material Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
18+1.03%+1.39%-1.95%-18.96%26.58x1.37x+10.03%+3.94%+6.62%+16.61%Buy
4+4.96%+4.18%+12.40%+47.10%-4.12x2.06x-4.58%-1.82%+1.15%-11.96%Buy
15+1.32%+4.53%-2.50%+70.93%27.31x3.22x+17.16%+8.12%+13.36%+7.00%Buy
33+1.46%+4.80%-1.81%+68.38%28.48x5.19x-2.33%+10.12%+18.12%+4.78%Buy
16+0.97%+0.36%-0.20%+17.77%22.62x1.97x+6.39%+2.44%+4.60%+15.81%Buy
6+0.44%+3.26%+8.17%+91.37%8.17x2.20x+29.80%+20.52%+27.49%+8.18%Buy
7+4.65%+3.22%+14.20%+39.38%37.50x6.10x+20.56%+8.77%+19.03%-15.70%Buy
45+1.03%+1.89%+14.14%-6.15%18.12x1.76x+0.31%+0.06%+2.66%+12.46%Buy
6-2.05%-4.33%-11.42%+26.53%-10.18x1.71x+13.22%+8.65%+13.01%+15.57%Buy
40+1.14%+2.34%+0.91%-23.00%14.50x2.16x+9.20%+6.78%+13.63%+54.15%Buy
17+2.09%+5.25%+19.64%-4.77%17.38x1.68x+0.84%+3.60%+5.12%+46.58%Buy
6+1.26%+4.23%-1.11%+24.53%5.86x1.70x+30.08%+9.11%+16.60%-17.93%Hold
3-0.64%+2.69%+34.66%-0.64%4.71x1.66x-0.81%+0.50%+0.01%+32.99%Strong Buy
58+0.48%-1.11%-5.73%+12.17%30.42x3.35x+20.21%+6.93%+12.41%+13.85%Buy
23-0.13%-4.81%-8.15%+19.05%13.25x0.95x+14.67%+8.96%+14.41%+15.31%Hold
6+0.49%+1.48%+2.35%+29.12%4.30x1.24x+34.18%+19.42%+27.02%+19.51%Strong Buy
10+1.41%+1.67%+8.82%+71.18%3.08x4.52x-3.36%+4.89%+6.81%+39.83%Strong Buy

Basic Material Stocks FAQ

What are the best basic material stocks to buy right now in Apr 2024?

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

1. Chemical & Mining Co Of Chile (NYSE:SQM)


Chemical & Mining Co Of Chile (NYSE:SQM) is the top basic material stock with a Zen Score of 69, which is 38 points higher than the basic material sector average of 31. It passed 26 out of 38 due diligence checks and has strong fundamentals. Chemical & Mining Co Of Chile has seen its stock lose -31.62% over the past year, underperforming other basic material stocks by -58 percentage points.

Chemical & Mining Co Of Chile has an average 1 year price target of $57.72, an upside of 30.76% from Chemical & Mining Co Of Chile's current stock price of $44.14.

Chemical & Mining Co Of Chile stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Chemical & Mining Co Of Chile, 33.33% have issued a Strong Buy rating, 33.33% have issued a Buy, 33.33% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Albemarle (NYSE:ALB)


Albemarle (NYSE:ALB) is the second best basic material stock with a Zen Score of 65, which is 34 points higher than the basic material sector average of 31. It passed 24 out of 38 due diligence checks and has strong fundamentals. Albemarle has seen its stock lose -35.5% over the past year, underperforming other basic material stocks by -62 percentage points.

Albemarle has an average 1 year price target of $141.71, an upside of 21.24% from Albemarle's current stock price of $116.88.

Albemarle stock has a consensus Buy recommendation according to Wall Street analysts. Of the 17 analysts covering Albemarle, 29.41% have issued a Strong Buy rating, 17.65% have issued a Buy, 41.18% have issued a Hold, while 0% have issued a Sell rating, and 11.76% have issued a Strong Sell.

3. Oil Dri Of America (NYSE:ODC)


Oil Dri Of America (NYSE:ODC) is the third best basic material stock with a Zen Score of 63, which is 32 points higher than the basic material sector average of 31. It passed 23 out of 38 due diligence checks and has strong fundamentals. Oil Dri Of America has seen its stock return 60.18% over the past year, overperforming other basic material stocks by 34 percentage points.

What are the basic material stocks with highest dividends?

Out of 135 basic material stocks that have issued dividends in the past year, the 3 basic material stocks with the highest dividend yields are:

1. Flexible Solutions International (NYSEMKT:FSI)


Flexible Solutions International (NYSEMKT:FSI) has an annual dividend yield of N/A, which is N/A percentage points lower than the basic material sector average of 2.89%. Flexible Solutions International's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Flexible Solutions International's dividend has not shown consistent growth over the last 10 years.

Flexible Solutions International's dividend payout ratio of 22.7% indicates that its dividend yield is sustainable for the long-term.

2. Nexa Resources Sa (NYSE:NEXA)


Nexa Resources Sa (NYSE:NEXA) has an annual dividend yield of N/A, which is N/A percentage points lower than the basic material sector average of 2.89%. Nexa Resources Sa's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Nexa Resources Sa's dividend has not shown consistent growth over the last 10 years.

Nexa Resources Sa's dividend payout ratio of 0% indicates that its dividend yield might not be sustainable for the long-term.

3. Futurefuel (NYSE:FF)


Futurefuel (NYSE:FF) has an annual dividend yield of 49.28%, which is 46 percentage points higher than the basic material sector average of 2.89%. Futurefuel's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Futurefuel's dividend has shown consistent growth over the last 10 years.

Futurefuel's dividend payout ratio of 28.2% indicates that its high dividend yield is sustainable for the long-term.

Why are basic material stocks up?

Basic material stocks were up 0.89% in the last day, and up 1.25% over the last week. Carlisle Companies was the among the top gainers in the basic materials sector, gaining 4.85% yesterday.

Carlisle shares are trading higher after the company reported better-than-expected Q1 financial results.

What are the most undervalued basic material stocks?

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

1. Hudson Technologies (NASDAQ:HDSN)


Hudson Technologies (NASDAQ:HDSN) is the most undervalued basic material stock based on WallStreetZen's Valuation Score. Hudson Technologies has a valuation score of 100, which is 72 points higher than the basic material sector average of 28. It passed 7 out of 7 valuation due diligence checks.

Hudson Technologies's stock has gained 37.87% in the past year. It has overperformed other stocks in the basic material sector by 12 percentage points.

2. Methanex (NASDAQ:MEOH)


Methanex (NASDAQ:MEOH) is the second most undervalued basic material stock based on WallStreetZen's Valuation Score. Methanex has a valuation score of 86, which is 58 points higher than the basic material sector average of 28. It passed 6 out of 7 valuation due diligence checks.

Methanex's stock has gained 12.33% in the past year. It has underperformed other stocks in the basic material sector by -14 percentage points.

3. Algoma Steel Group (NASDAQ:ASTL)


Algoma Steel Group (NASDAQ:ASTL) is the third most undervalued basic material stock based on WallStreetZen's Valuation Score. Algoma Steel Group has a valuation score of 86, which is 58 points higher than the basic material sector average of 28. It passed 6 out of 7 valuation due diligence checks.

Algoma Steel Group's stock has gained 9.02% in the past year. It has underperformed other stocks in the basic material sector by -17 percentage points.

Are basic material stocks a good buy now?

52.45% of basic material stocks rated by analysts are a buy right now. On average, analysts expect basic material stocks to rise by 11.38% over the next year.

What is the average p/e ratio of the basic materials sector?

The average P/E ratio of the basic materials sector is 23.92x.
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