Overview Of Value Stocks In The Technology Sector

Author: Benzinga Insights | March 21, 2023 10:40am

What Defines a Value Stock?

A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued.

The following stocks are considered to be notable value stocks in the technology sector:

1. Avnet (NASDAQ:AVT) - P/E: 4.9
2. Yalla Group (NYSE:YALA) - P/E: 8.0
3. Marketwise (NASDAQ:MKTW) - P/E: 7.39
4. Nokia (NYSE:NOK) - P/E: 5.73
5. Bel Fuse (NASDAQ:BELFB) - P/E: 7.71

Avnet looks to be undervalued. It possesses an EPS of $2.0, which has not changed since last quarter (Q1). Its most recent dividend yield is at 2.5%, which has decreased by 0.12% from 2.62% in the previous quarter.

This quarter, Yalla Group experienced a decrease in earnings per share, which was $0.17 in Q3 and is now $0.12. Marketwise has reported Q3 earnings per share at $-0.17, which has decreased by 132.08% compared to Q2, which was 0.53. Nokia has reported Q4 earnings per share at $0.16, which has increased by 60.0% compared to Q3, which was 0.1. Most recently, the company reported a dividend yield of 1.87%, which has increased by 0.12% from last quarter's yield of 1.75%.

Bel Fuse's earnings per share for Q4 sits at $1.35, whereas in Q3, they were at 1.48. The company's most recent dividend yield sits at 0.81%, which has decreased by 0.05% from 0.86% last quarter.

These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.

Posted In: AVT BELFB MKTW NOK YALA