When the electron was discovered in the 19th century, there was no practical application for that knowledge. At the time, it was little more than trivia.
More than a century later, we live in a world that is run by electronics, which is certainly not trivial. Companies like Apple (AAPL, Financial) and Microsoft (MSFT, Financial) have thrived as consumer electronics have swept the globe and changed the way people work, play and interact.
At one time it may not have been challenging for investors to find bargains in electronic stocks, but it is much more difficult these days to find undervalued companies in the computer hardware division of the technology sector. That is when the All-In-One Screener can be invaluable.
To find the sector’s undervalued predictable companies, I selected the Technology sector in the Screener, then I selected Computer Hardware from the technology groups. I chose not to narrow it down by country.
Three companies – Amphenol Corp. (FRA:XPH, Financial) of the German stock exchange, Amphenol Corp. (APH, Financial) and Gree Electric Appliances Inc. (SZSE:000651, Financial) – have predictability ratings of 5 stars.
Amphenol Corp.
Amphenol is a producer of electronic and fiber optic connectors, cable and interconnect systems. Its world headquarters is in Wallingford, Conn.
Late Thursday, the stock available on the German exchange sold for €48.38 (roughly $53.38 in U.S. currency) per share. Its market cap is $14.96 billion, and its enterprise value is $16.83 billion. It has a P/E of 24.2, a forward P/E of 20.1, a P/B of 5.5 and a P/S of 3.1.
The stock that is available on the American exchange sold for $54.05 per share. It has a market cap of $16.71 billion and an enterprise value of $18.11 billion. It has a P/E of 23.4, a forward P/E of 20.5, a P/B of 5.4 and a P/S of 3.1.
GuruFocus has given both a Financial Strength rating of 8/10 and a Profitability and Growth rating of 9/10.
Gree Electric Appliances Inc.
China’s Gree Electric Appliances is the world's largest residential air-conditioner manufacturer. It sold for ¥17.50 (about $2.75 in American dollars) per share Thursday.
Gree Electric Appliances has a market cap of $104.07 billion and an enterprise value of $38.7 billion. It has a P/E of 5.2, a forward P/E of 7.0, a P/B of 2.5 and a P/S of 0.6. GuruFocus has given Gree Electric Appliances a Financial Strength rating of 7/10 and a Profitability and Growth rating of 8/10.
The screener gave predictability ratings of 4.5 stars to six companies – Teledyne Technologies Inc. (FRA:TYZ, Financial) of the German exchange, Teledyne Technologies Inc. (TDY, Financial), EMC Corp. (EMC, Financial), EMC Corp. (XSWX:EMC) of the Swiss exchange, EMC Corp. (FRA:EMP) of the German exchange and Transcat Inc. (TRNS).
Teledyne Technologies Inc.
Teledyne, a Thousand Oaks, Calif.-based company with global operations, sold for €78.52 (approximately $86.64 in U.S. money) per share on the German exchange and $89.09 per share on the American exchange Thursday.
The German stock has a market cap of $2.78 billion and an enterprise value of $3.4 billion. It has a P/E of 15.7, a P/B of 2.2 and a P/S of 1.4.
The American stock has a market cap of $3.13 billion and an enterprise value of $3.75 billion. It has a P/E of 15.8, a P/B of 2.3 and a P/S of 1.4.
GuruFocus has given both a Financial Strength rating of 4/10 and a Profitability and Growth rating of 7/10.
EMC Corp.
EMC, a Hopkinton, Mass.-based computer storage company, sold for $26.18 per share on the American exchange, CHF26.98 (about $27.34 in American currency) per share on the Swiss exchange and €23.64 (roughly $26.08 in U.S. dollars) per share on the German exchange.
The American stock has a market cap of $50.39 billion and an enterprise value of $51.55 billion. It has a P/E of 21.5, a forward P/E of 13.3, a P/B of 2.5 and a P/S of 2.1.
The Swiss stock has a market cap of $51.93 billion and an enterprise value of $53.08 billion. It has a P/E of 21.4, a forward P/E of 14.0, a P/B of 2.5 and a P/S of 2.2.
The German stock has a market cap of $45.5 billion and an enterprise value of $46.57 billion. It has a P/E of 21.6, a forward P/E of 13.3, a P/B of 2.5 and a P/S of 2.1.
GuruFocus gave all three a Financial Strength rating of 8/10 and a Profitability and Growth rating of 8/10.
Transcat Inc.
Transcat, a calibration and compliance services provider, sold for $9.68 per share Thursday. It has a market cap of $66.64 million and an enterprise value of $78.06 million. It has a P/E of 16.7, a forward P/E of 11.0, a P/B of 1.9 and a P/S of 0.6.
GuruFocus has given Transcat a Financial Strength rating of 7/10 and a Profitability and Growth rating of 8/10.
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