Undervalued Industrial Distribution Stocks on NYS August 2024

August 25, 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.

New York Stock Exchange

The New York Stock Exchange, located in New York City, is the largest securities exchange in the world by market capitalization of its listed companies.

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
GIC Global Industrial 33.92 36.77 8.41 65667 1303 2.80 18.9
DNOW Dnow 12.90 13.94 8.03 889305 1393 0.00 6.3
All data provided as at market close August 22, 2024.

Company Details

Global Industrial

GIC:NYS

Close Price

33.92

Our Valuation

36.77

% Difference

8.41

Market Cap ($M)

1303

P/E Ratio

18.9

Global Industrial Co is a value-added industrial distributor.

Access the stockcalc valuation


Dnow

DNOW:NYS

Close Price

12.90

Our Valuation

13.94

% Difference

8.03

Market Cap ($M)

1393

P/E Ratio

6.3

Dnow Inc is a company engaged in world-wide supplying of energy and industrial products and packaged, engineered process and production equipment with a legacy of over one sixty years. It offers a broad set of supply chain solutions combined with a suite of digital solutions branded as DigitalNOW that provide customers world-class technology for digital commerce, data and information management.

Access the stockcalc valuation


Global Industrial and Dnow are the most undervalued Industrial Distribution stocks on the NYS. See the full list on the blog: https://www.stockcalc.com/Blog/undervalued-industrial-distribution-stocks-nys-august-2024
Global Industrial $GIC and Dnow $DNOW are the most undervalued Industrial Distribution stocks on the #NYS. See the full list: https://www.stockcalc.com/Blog/undervalued-industrial-distribution-stocks-nys-august-2024
Global Industrial and Dnow are the most undervalued Industrial Distribution stocks on the NYS. See the full list on the blog: https://www.stockcalc.com/Blog/undervalued-industrial-distribution-stocks-nys-august-2024

Copyright © 2016- Patchell Brook Equity Analytics Inc. All rights reserved.

Risk Disclosure: Equities trading and trading of all markets, exchanges and instruments contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. View full risk information here.