Based on key financial metrics such as the price-to-sales ratio, shareholder yield and the price-earnings ratio, the following 5 stocks made the list for top value stocks in the Metals & Mining industry. Those looking for value stocks to add to their portfolio may want to use this list as a starting point for further investment research.

Why Focus on Undervalued Metals & Mining Stocks?

Value investors seek to buy stocks at a discount to their intrinsic value. Long-term returns show that such strategies are advantageous. Value stocks, as a group, tend to outperform growth stocks over extended periods of time. Typically, value investors perform financial analysis of numerous metrics, don’t follow the herd and are long-term investors.

AAII’s A+ Investor Value Grade is derived from a stock’s Value Score. The Value Score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.

What Goes Into AAII’s Value Grade?

Stock evaluation requires access to huge amounts of data as well as the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movement. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors with that task.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A–F grades for more than just value. It is possible for a stock to appear cheap based on one valuation metric but appear expensive on another. It is also possible for one valuation ratio to be associated with outperforming stocks during certain periods of time but not others. Some stocks may even have null values for certain metrics like the price-earnings ratio or the price-to-book ratio but not others. An example of this would be a company with losses instead of profits or a negative book value because of heavy borrowing. Negative earnings or book value result in non-meaningful ratios that are left blank or null.

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5 Undervalued Metals & Mining Stocks

Of course, there are countless value stocks that are worth mentioning, but this is a concise list of the top 5 undervalued stocks in the Metals & Mining industry for Friday, March 07, 2025. Let’s take a closer look at their individual scores to see how they measure up against each other and the Metals & Mining industry median.

The Value Grade is assigned based on how each stock’s composite valuation compares to all other stocks.

The process for assigning grades starts with each variable for a given stock. The percentile rankings for all valid ratios that a stock has are calculated. So, for instance, a stock could have a price-to-book ranking in the 43rd percentile, a price-earnings ranking in the 67th percentile, a price-to-sales ranking in the 23rd percentile, etc. Then, those rankings are averaged for each stock. (A minimum of two valid variables are required, though all six will be used if available.)

Once the average of the individual variables is calculated, that average is ranked against all stocks. Put another way, each stock’s composite valuation is compared to all other stocks. These ranks are then sorted into quintiles from the cheapest 20% (a grade of A) to the most expensive 20% (a grade of F).

As always, we recommend that you conduct proper due diligence and research before investing in any security. We also suggest that investors utilize numerous grades, not just value, when it comes to deciding whether a company is a good fit for their allocation needs.

Compañía de Minas Buenaventura S.A.A.’s Value Grade

Value Grade:

Compañía de Minas Buenaventura S.A.A. engages in the exploration, development, construction, and operation of mineral processing business. The company explores for gold, silver, lead, zinc, and copper metals. It operates operating mining units, including Tambomayo located in the Caylloma province, Orcopampa Unit located in the province of Castilla, Uchucchacua located in province of Oyón, Julcani located in province of Angaraes, Peru, as well as San Gabrie located in the province of General Sánchez Cerro, in the Moquegua region. The company owns interests in Colquijirca, La Zanja, Cerro Verde, El Brocal, Coimolache, Yumpaq, San Gregorio mines, and Trapiche mining unit. In addition, it produces monohydrate manganese sulphate; and operates hydroelectric power plants. Compañía de Minas Buenaventura S.A.A. was incorporated in 1953 and is based in Lima, Peru.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are value and so on.

Compañía de Minas Buenaventura S.A.A. has a Value Score of 69, which is considered to be undervalued.

When you look at Compañía de Minas Buenaventura S.A.A.’s price-to-sales ratio at 2.97 compared to the industry median at 1.79, this company has a higher price relative to revenue compared to its peers. This could make Compañía de Minas Buenaventura S.A.A.’s stock less attractive for value investors.

Compañía de Minas Buenaventura S.A.A.’s price-earnings ratio is 8.50 compared to the industry median at 20.10. This means it has a lower share price relative to earnings compared to its peers. This could make Compañía de Minas Buenaventura S.A.A. more attractive for value investors.

Now, let’s assess Compañía de Minas Buenaventura S.A.A.’s EV/EBITDA ratio, also known as enterprise multiple. At 5.1, when compared to the industry median of 8.8, the company may be considered undervalued in relation to its peers. Value investors could use the enterprise multiple to identify stocks that are considered overvalued or undervalued relative to their industry.

Shareholder yield is the sum of a stock’s dividend yield (paid over previous 12 months minus special dividends) and the percentage of net share buybacks over the previous 12 months. Compañía de Minas Buenaventura S.A.A.’s shareholder yield is higher than its industry median ratio of (1.00%). Value investors may look for an attractive shareholder yield because it can be a powerful tool for identifying if the company has a good management team.

As one of the most common value metrics, the price-to-book ratio evaluates a company’s current market price relative to its book value. Compañía de Minas Buenaventura S.A.A.’s price-to-book ratio is lower than its industry median ratio of 1.44. This could make Compañía de Minas Buenaventura S.A.A. more attractive to investors looking for a new addition to their portfolio.

Lastly, let’s take a look at Compañía de Minas Buenaventura S.A.A.’s price-to-free-cash-flow ratio (P/FCF), which can indicate a company’s market value relative to its operating cash flow. Compañía de Minas Buenaventura S.A.A.’s price-to-free-cash-flow ratio is higher than its industry median ratio of 25.05. This could make Compañía de Minas Buenaventura S.A.A. less attractive because the higher P/FCF ratio indicates that Compañía de Minas Buenaventura S.A.A. is undervalued. The P/FCF ratio metric can also be viewed over a long-term time frame to see if the company's cash flow to share price value is generally improving or worsening.

Commercial Metals Company’s Value Grade

Value Grade:

Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. It operates through three segments: North America Steel Group; Europe Steel Group; and Emerging Businesses Group. The company processes and sells ferrous and nonferrous scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers. It also manufactures and sells finished long steel products, including reinforcing bar, merchant bar, light structural, and other special sections, as well as semi-finished billets for rerolling and forging applications. In addition, the company provides fabricated rebar used to reinforce concrete primarily in the construction of commercial and non-commercial buildings, hospitals, convention centers, industrial plants, power plants, highways, bridges, arenas, stadiums, and dams; sells and rents construction-related products and equipment to concrete installers and other businesses; and manufactures and sells strength bars for the truck trailer industry, special bar steels for the energy market, and armor plates for military vehicles. Further, it manufactures rebars, merchant bars, and wire rods; and sells fabricated rebars, wire meshes, welded steel mesh, wire rod, cold rolled rebar, cold rolled wire rod, assembled rebar cages and other fabricated rebar by-products to fabricators, manufacturers, distributors, and construction companies. The company was founded in 1915 and is headquartered in Irving, Texas.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are value and so on.

Commercial Metals Company has a Value Score of 68, which is considered to be undervalued.

Commercial Metals Company’s price-earnings ratio is 40.5 compared to the industry median at 20.1. This means that it has a higher price relative to its earnings compared to its peers. This makes Commercial Metals Company less attractive for value investors.

Commercial Metals Company’s price-to-book ratio is higher than its peers. This could make Commercial Metals Company less attractive for value investors when compared to the industry median at 1.44.

You can read more about Commercial Metals Company’s key financial metrics like shareholder yield, price-to-free-cash-flow and EV/EBITDA ratio, or learn more about its Momentum and Growth Grades, by subscribing to A+ Investor.

Rio Tinto Group’s Value Grade

Value Grade:

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum segment is involved in bauxite mining; and alumina refining, smelting, and recycling. The Copper segment engages in mining and refining of copper, gold, silver, molybdenum, and other by-products and exploration activities. The Minerals segment is involved in mining and processing of borates, titanium dioxide feedstock, and iron concentrate and pellets; diamond mining, sorting, and marketing; and development projects for battery materials, such as lithium. It also owns and operates open pit and underground mines; and refineries, smelters, processing plants and power, and shipping facilities. The company was founded in 1873 and is headquartered in London, the United Kingdom.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are value and so on.

Rio Tinto Group has a Value Score of 80, which is considered to be undervalued.

Rio Tinto Group’s price-earnings ratio is 9.0 compared to the industry median at 20.1. This means that it has a lower price relative to its earnings compared to its peers. This makes Rio Tinto Group more attractive for value investors.

Rio Tinto Group’s price-to-book ratio is lower than its peers. This could make Rio Tinto Group more attractive for value investors when compared to the industry median at 1.44.

You can read more about Rio Tinto Group’s key financial metrics like shareholder yield, price-to-free-cash-flow and EV/EBITDA ratio, or learn more about its Momentum and Growth Grades, by subscribing to A+ Investor.

SunCoke Energy, Inc.’s Value Grade

Value Grade:

SunCoke Energy, Inc. operates as an independent producer of coke in the Americas and Brazil. It operates through three segments: Domestic Coke, Brazil Coke, and Logistics. It offers metallurgical and thermal coal. The company also provides a logistics business that provides export and domestic material handling and/or mixing services to steel, coke, electric utility, coal producing and other manufacturing based customers. In addition, it owns and operates cokemaking facilities in the United States and Brazil. The company was founded in 1960 and is headquartered in Lisle, Illinois.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are value and so on.

SunCoke Energy, Inc. has a Value Score of 94, which is considered to be undervalued.

SunCoke Energy, Inc.’s price-earnings ratio is 8.0 compared to the industry median at 20.1. This means that it has a lower price relative to its earnings compared to its peers. This makes SunCoke Energy, Inc. more attractive for value investors.

SunCoke Energy, Inc.’s price-to-book ratio is higher than its peers. This could make SunCoke Energy, Inc. less attractive for value investors when compared to the industry median at 1.44.

You can read more about SunCoke Energy, Inc.’s key financial metrics like shareholder yield, price-to-free-cash-flow and EV/EBITDA ratio, or learn more about its Momentum and Growth Grades, by subscribing to A+ Investor.

United States Steel Corporation’s Value Grade

Value Grade:

United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. The company operates through North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular) segments. The Flat-Rolled segment offers slabs, strip mill plates, sheets, and tin mill products, as well as iron ore, pellets, pig iron, and coke. This segment serves customers in the automotive, appliance, construction, container, pipe and tube, sheet converter, solar, industrial equipment and service center markets. The Mini Mill segment provides hot-rolled, cold-rolled, and coated sheets and electrical steel products. This segment serves customers in the automotive, construction, pipe and tube, sheet converter, electrical, solar industrial equipment, and service center markets. The USSE segment provides slabs, hot-rolled, cold-rolled, hot-dip galvanized, and color-coated coils, electrical steel, strip mill plate, sheet, tin mill products, and spiral welded pipes. This segment serves customers in the automotive, construction, container, appliance and electrical, service center, conversion, oil, gas, and petrochemical markets. The Tubular segment offers rounds, seamless, and electric resistance welded steel casing and tubing products, as well as standard and line pipe and mechanical tubing products to oil, gas, and petrochemical sectors. It also engages in the real estate business. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are value and so on.

United States Steel Corporation has a Value Score of 66, which is considered to be undervalued.

United States Steel Corporation’s price-earnings ratio is 23.8 compared to the industry median at 20.1. This means that it has a higher price relative to its earnings compared to its peers. This makes United States Steel Corporation less attractive for value investors.

United States Steel Corporation’s price-to-book ratio is higher than its peers. This could make United States Steel Corporation less attractive for value investors when compared to the industry median at 1.44.

You can read more about United States Steel Corporation’s key financial metrics like shareholder yield, price-to-free-cash-flow and EV/EBITDA ratio, or learn more about its Momentum and Growth Grades, by subscribing to A+ Investor.

Other Metals & Mining Stock Grades

Value is just one of the five Stock Grades included in our A+ Investor service. AAII members can see the top-graded stocks—those with grades of A or B for value, growth, momentum, earnings estimate revisions and quality—on the A+ Stock Grades Screener.

Also, if you want full access to all of AAII’s premium services, you can subscribe to one convenient bundled plan called AAII Platinum where you can try out A+ Investor, AAII Dividend Investing, the Stock Superstars Report, Growth Investing and VMQ Stocks. With the other premium services, you can dive deep into additional metrics, portfolios, commentary and information about Metals & Mining stocks as well as other industrys.

Choosing Which of the 5 Best Metals & Mining Stocks Is Right for You

Choosing which value stocks to invest in will ultimately depend on your individual goals and allocation; however, comparing similar value stocks in the same industry can help you analyze which might be better investments for you in the long run. So, let’s take a look at the Value Grade for all of our stocks.

• Compañía de Minas Buenaventura S.A.A. stock has a Value Grade of B.
• Commercial Metals Company stock has a Value Grade of B.
• Rio Tinto Group stock has a Value Grade of B.
• SunCoke Energy, Inc. stock has a Value Grade of A.
• United States Steel Corporation stock has a Value Grade of B.

Now that you have a bit more background about each of the 5 undervalued stocks in the Metals & Mining industry as well as their overall grades, it’s time for you to conduct additional research to see if these could fit your portfolio needs based on your goals and risk tolerance. AAII can help you figure out both and identify which investments align with what works best for you.

We do so through a program of education that teaches you to invest for yourself and become an effective manager of your own wealth—no more relying on others for your financial independence. You can rely on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis that makes you a better investor.

A+ Investor adds to that qualitative teaching by giving you a powerful data suite that helps you whittle down investment decisions to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

Additional Resources About Metals & Mining Stocks

Want to learn more about Metals & Mining stocks to see if they could be the right investment for you? Check out some additional resources and articles to help you on your financial journey.

• 5 Undervalued Metals & Mining Stocks for Friday, March 07
• Which Is a Better Investment, Carpenter Technology Corporation or SSR Mining Inc. Stock?
• Which Is a Better Investment, Harmony Gold Mining Company Limited or SSR Mining Inc. Stock?
• 3 Undervalued Metals & Mining Stocks for Thursday, March 06

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