AVY - Materials And Energy Dashboard - Update
This article series provides a monthly dashboard of industries in each sector of the GICS classification. It compares valuation and quality factors relative to their historical averages in each industry.
Executive summary
The integrated oil and gas industry is undervalued for all 3 valuation factors followed here by 4% to 24% relative to historical averages. It is very close below its historical average in profitability measured by median ROE. Paper/wood and metals/mining have mixed valuation metrics, and they look moderately undervalued and above their baselines in profitability. Other industries in energy and materials are