Undervalued Industrial Distribution Stocks on NAS June 2024

June 09, 2024

Industrial Distribution

Industrial Distribution companies supply and distribute industrial equipment, including construction and farming machinery, garden equipment and supplies, and other industrial items to a diversified market of redistributors and end users.

NASDAQ

The National Association of Securities Dealers Automated Quotations (Nasdaq) located in New York City, is the most active stock exchange by volume in the United States.

Our Valuation

A stock is considered undervalued if it trades at a discount to our valuation. To determine a stock’s intrinsic value, we developed an algorithm that uses 6 valuation models to determine the value of a company.* To learn more about stockcalc’s valuation methods, click here.

Undervalued Industrial Distribution stocks

Stocks in this category are traded through the economic cycles primarily for capital appreciation. Large cap stocks in this space are also held for income.

For an in-depth look at the fundamentals and valuation of each company, try the stockcalc platform free for 30 days.

SymbolNameClose Price ($)Valuation ($)Difference (%)Average Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
TITN Titan Machinery 17.41 19.60 12.59 396149 397 0.00 4.2
TRNS Transcat 126.34 131.87 4.38 54059 1055 0.00 77.5
All data provided as at market close June 06, 2024.

Company Details

Titan Machinery

TITN:NAS

Close Price

17.41

Our Valuation

19.60

% Difference

12.59

Market Cap ($M)

397

P/E Ratio

4.2

Titan Machinery Inc owns and operates a network of full-service agricultural and construction equipment stores. The company sells and repairs agricultural equipment, including machinery and attachments for large-scale farming and home and gardening purposes, as well as construction equipment.

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Transcat

TRNS:NAS

Close Price

126.34

Our Valuation

131.87

% Difference

4.38

Market Cap ($M)

1055

P/E Ratio

77.5

Transcat Inc is involved in providing calibration and laboratory instrument services and distribution of test, measurement, and control instrumentation. Its product and services portfolio consists of calibration instruments, dimensional measuring tools, Electrical test instruments, pressure measurement, etc. The firm has Service and Distribution operating segments. It derives the majority of its revenues from the Service segment.

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Titan Machinery and Transcat are the most undervalued Industrial Distribution stocks on the NAS. See the full list on the blog: https://www.stockcalc.com/Blog/undervalued-industrial-distribution-stocks-nas-june-2024
Titan Machinery $TITN and Transcat $TRNS are the most undervalued Industrial Distribution stocks on the #NAS. See the full list: https://www.stockcalc.com/Blog/undervalued-industrial-distribution-stocks-nas-june-2024
Titan Machinery and Transcat are the most undervalued Industrial Distribution stocks on the NAS. See the full list on the blog: https://www.stockcalc.com/Blog/undervalued-industrial-distribution-stocks-nas-june-2024

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