Undervalued Stocks in the Russell 2000 Composite Index December 2024

December 20, 2024

Russell 2000 Composite Index

The Russell 2000 is a stock market index of small-cap diverse companies listed on the NYSE and the Nasdaq 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 stocks in the Russell 2000 Composite Index

Stocks in this category are held primarily for potential income and capital appreciation.

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SymbolNameClose Price ($)Valuation ($)Difference (%)Average Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
GOEV Canoo 0.09 1.16 1126.77 99604026 9 0.00 0.0
CBUS Cibus 2.80 10.63 279.67 136900 13 0.00 0.0
FCEL FuelCell Energy 9.33 31.34 235.86 1711883 156 0.00 0.0
NOVA Sunnova Energy Intl 3.37 11.21 232.72 10248124 421 0.00 0.0
HPP Hudson Pacific Properties 2.61 7.77 197.52 4593257 369 3.83 0.0
RMAX RE/MAX Hldgs 10.63 31.45 195.89 184813 207 0.00 0.0
NUS Nu Skin Enterprises 6.87 20.01 191.30 699670 342 3.49 0.0
CHPT ChargePoint Hldgs 1.14 3.28 188.14 17478467 496 0.00 0.0
JELD JELD-WEN Holding 8.48 24.22 185.59 649961 717 0.00 0.0
OI O-I Glass 9.95 28.23 183.68 1255862 1538 0.00 0.0
All data provided as at market close December 18, 2024.

Company Details

Canoo

GOEV:NAS

Close Price

0.09

Our Valuation

1.16

% Difference

1126.77

Market Cap ($M)

9

P/E Ratio

0.0

Canoo Inc is a mobility technology company providing with a proprietary modular electric vehicle platform and connected services initially focused on commercial fleet, government and military customers. The Company has developed a breakthrough EV platform that it believes will enable it to rapidly iterate and bring new products, addressing multiple use cases, to market faster than competition and at lower cost.

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Cibus

CBUS:NAS

Close Price

2.80

Our Valuation

10.63

% Difference

279.67

Market Cap ($M)

13

P/E Ratio

0.0

Cibus Inc is a biotechnology company. The company develops and commercializes a proprietary gene-editing technology, Rapid Trait Development System that integrates crop specific cell biology platforms with a series of gene editing technologies. The company's primary business is the development of plant traits that help address specific productivity or yield challenges in farming such as traits addressing plant agronomy, disease, insects, weeds, nutrient-use, or the climate.

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FuelCell Energy

FCEL:NAS

Close Price

9.33

Our Valuation

31.34

% Difference

235.86

Market Cap ($M)

156

P/E Ratio

0.0

FuelCell Energy Inc is a fuel-cell power company. FuelCell designs manufactures, sells, installs, operates, and services fuel cell products and electrolysis platforms that decarbonize power and produce hydrogen. It serves various industries such as Industrial, Wastewater treatment, Commercial and Hospitality, Data centers and Communications, Education and Healthcare, and others. Geographically, the company generates a majority of its revenue from the United States followed by South Korea.

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Sunnova Energy Intl

NOVA:NYS

Close Price

3.37

Our Valuation

11.21

% Difference

232.72

Market Cap ($M)

421

P/E Ratio

0.0

Sunnova Energy International Inc is a residential solar and energy storage service provider company. It offers services such as operations and maintenance, monitoring, repairs and replacements, equipment upgrades, and onsite power optimization. The products and services offered by the group include Add-on battery storage, Home solar protection plans, New solar battery storage, and various other solar systems. It operates in a single reportable segment: solar energy products and services.

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Hudson Pacific Properties

HPP:NYS

Close Price

2.61

Our Valuation

7.77

% Difference

197.52

Market Cap ($M)

369

P/E Ratio

0.0

Hudson Pacific Properties Inc is a real estate investment trust that acquires, operates, and owns office buildings and media and entertainment properties, such as sound stages, on America's West Coast. The company focuses on developed, urban markets in Northern California, Southern California, and the Pacific Northwest.

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RE/MAX Hldgs

RMAX:NYS

Close Price

10.63

Our Valuation

31.45

% Difference

195.89

Market Cap ($M)

207

P/E Ratio

0.0

RE/MAX Holdings Inc operates as a franchisor of real estate brokerage services. It recruits and retains agents and sells franchises. The company's operating segments include Real Estate, Mortgage, Marketing Funds, and Others. It generates maximum revenue from the Real Estate segment.

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Nu Skin Enterprises

NUS:NYS

Close Price

6.87

Our Valuation

20.01

% Difference

191.30

Market Cap ($M)

342

P/E Ratio

0.0

Nu Skin Enterprises Inc is a health and beauty direct-selling company. It has two primary product categories: beauty products and wellness products. The company develops and distributes nutritional, weight-management products, and food supplements under the Nu Skin and Pharmanex brands, respectively. The company has operations internationally, in more than 50 countries across the Americas, Europe, and the Asia-Pacific.

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ChargePoint Hldgs

CHPT:NYS

Close Price

1.14

Our Valuation

3.28

% Difference

188.14

Market Cap ($M)

496

P/E Ratio

0.0

ChargePoint designs, develops, and markets networked electric vehicle charging system infrastructure and cloud-based services that enable consumers to locate, reserve, and authenticate EV charging. The company's hardware product lineup includes solutions across home, commercial, and fast-charging applications. ChargePoint derives the majority of its revenue from the United States.

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JELD-WEN Holding

JELD:NYS

Close Price

8.48

Our Valuation

24.22

% Difference

185.59

Market Cap ($M)

717

P/E Ratio

0.0

JELD-WEN Holding Inc is engaged in door and window manufacturing. The company designs, produces, and distributes interior and exterior building products, offering a selection of doors, windows, walls, and related products. The products are used in the new construction of residential single and multi-family homes and non-residential buildings. The firm's operating segments are North America, Europe, and Australasia. It generates a majority of its revenue from North America.

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O-I Glass

OI:NYS

Close Price

9.95

Our Valuation

28.23

% Difference

183.68

Market Cap ($M)

1538

P/E Ratio

0.0

O-I Glass is the world's largest manufacturer of glass bottles; 70% of its revenue comes from outside the United States. O-I has a leading position in key markets such as Europe, North America, and Brazil. Beer is the primary end market for O-I's glass bottles, which are also used for wine, soda, spirits, condiments, and food. O-I is looking to maintain or expand its dominant positions in Europe, North America, and South America.

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Canoo and Cibus are the most undervalued stocks on the Russell 2000 Composite Index. See which other companies made the list here: https://www.stockcalc.com/Blog/undervalued-stocks-in-russell-2000-composite-index-december-2024
Canoo $GOEV and Cibus $CBUS are the most undervalued stocks on the Russell 2000 Composite Index. See which other companies made the list: https://www.stockcalc.com/Blog/undervalued-stocks-in-russell-2000-composite-index-december-2024
Canoo and Cibus are the most undervalued stocks on the Russell 2000 Composite Index. See which other companies made the list here: https://www.stockcalc.com/Blog/undervalued-stocks-in-russell-2000-composite-index-december-2024

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