XEC - 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
Energy equipment services, oil/gas, and paper/wood are undervalued regarding their historical averages. However, energy equipment services are far below the historical average in profitability. The metals/mining industry is fairly priced, but below its profitability baseline. The chemical industry is slightly overpriced and close to its profitability baseline. Packaging and construction materials are significantly overpriced. Packaging is the best in profitability compared to