Based on key financial metrics such as the price-to-sales ratio, shareholder yield and the price-earnings ratio, the following 3 stocks made the list for top value stocks in the Construction & Engineering 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 Construction & Engineering 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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3 Undervalued Construction & Engineering Stocks

Of course, there are countless value stocks that are worth mentioning, but this is a concise list of the top 3 undervalued stocks in the Construction & Engineering industry for Friday, January 30, 2026. Let’s take a closer look at their individual scores to see how they measure up against each other and the Construction & Engineering 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.

Fluor Corporation’s Value Grade

Value Grade:

Fluor Corporation provides engineering, procurement, and construction (EPC); fabrication and modularization; and project management services worldwide. The company operates through three segments: Urban Solutions, Energy Solutions, and Mission Solutions. The Urban Solutions segment offers EPC and project management services to the advanced technologies and manufacturing, life sciences, mining and metals, and infrastructure industries. This segment also provides professional staffing services to the company and third-party clients with technical, professional, and craft resources on a contract or permanent placement basis. The Energy Solutions segment offers EPC services for traditional oil and gas markets, including the production and fuels, chemicals, LNG, and power markets. This segment also provides solutions to the energy transition markets, including nuclear power and other low-carbon energy sources, asset decarbonization, carbon capture, renewable fuels, waste-to-energy, green chemicals, and hydrogen; and consulting services, such as feasibility studies, process assessments, and project finance structuring. The Mission Solutions segment offers technical solutions to the U.S. and other governments. This segment provides site management, environmental remediation, and decommissioning for nuclear remediation at governmental facilities, as well as services to commercial nuclear clients. It also delivers solutions for nuclear security and operation, nuclear waste management, and laboratory management; and operation and maintenance, logistics, EPC, and life support solutions for mission-critical facilities across U.S. military service organizations. The company was founded in 1912 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.

Fluor Corporation has a Value Score of 91, which is considered to be undervalued.

When you look at Fluor Corporation’s price-to-sales ratio at 0.50 compared to the industry median at 1.24, this company has a lower price relative to revenue compared to its peers. This could make Fluor Corporation’s stock more attractive for value investors.

Fluor Corporation’s price-earnings ratio is 2.30 compared to the industry median at 33.15. This means it has a lower share price relative to earnings compared to its peers. This could make Fluor Corporation more attractive for value investors.

Now, let’s assess Fluor Corporation’s EV/EBITDA ratio, also known as enterprise multiple. At 1.3, when compared to the industry median of 15.5, 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. Fluor Corporation’s shareholder yield is higher than its industry median ratio of (0.60%). 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. Fluor Corporation’s price-to-book ratio is lower than its industry median ratio of 5.09. This could make Fluor Corporation more attractive to investors looking for a new addition to their portfolio.

Lastly, let’s take a look at Fluor Corporation’s price-to-free-cash-flow ratio (P/FCF), which can indicate a company’s market value relative to its operating cash flow. Fluor Corporation’s price-to-free-cash-flow ratio is higher than its industry median ratio of 25.80. This could make Fluor Corporation less attractive because the higher P/FCF ratio indicates that Fluor Corporation 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.

Matrix Service Company’s Value Grade

Value Grade:

Matrix Service Company provides engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets in the United States, Canada, and internationally. The company’s Storage and Terminal Solutions segment offers engineering, procurement, fabrication, and construction services related to cryogenic, specialty tanks, and terminals for LNG, NGLs, hydrogen, ammonia, propane, butane, liquid nitrogen/liquid oxygen, and liquid petroleum; and plant work, truck and rail loading/offloading facilities, marine structures, and storage tank and terminal maintenance and repair, as well as undertakes work related to aboveground crude oil and refined product storage tanks and terminals. This segment also provides engineered specialty tank products, including geodesic domes, aluminum internal floating roofs, floating suction and skimmer systems, roof drain systems, and floating roof seals. Its Utility and Power Infrastructure segment undertakes power delivery work, including construction of new substations, upgrades of existing substations, and maintenance. This segment also provides engineering, procurement, fabrication, and construction services for LNG utility peak shaving facilities; and construction services to various power generation facilities, including natural gas fired facilities. The company’s Process and Industrial Facilities segment offers plant maintenance, repair, and turnarounds, including refining and processing of crude oil, fractionating, and marketing of natural gas and natural gas liquids; and engineering, procurement, fabrication, and construction for refinery upgrades and retrofits for hydrogen processing, production, loading, and distribution facilities, as well as constructs thermal vacuum test chambers and other infrastructure for aerospace, defense, and other industries. Matrix Service Company was founded in 1984 and is headquartered in Tulsa, Oklahoma.

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.

Matrix Service Company has a Value Score of 68, which is considered to be undervalued.

Matrix Service Company’s price-to-book ratio is higher than its peers. This could make Matrix Service Company less attractive for value investors when compared to the industry median at 5.09.

You can read more about Matrix Service 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.

WillScot Holdings Corporation’s Value Grade

Value Grade:

WillScot Holdings Corporation provides turnkey temporary space solutions in the United States, Canada, and Mexico. The company leases, sells, delivers, and installs modular space solutions and portable storage products. It offers modular space solutions, such as modular office complexes, mobile offices, classrooms, blast-resistant modules, clearspan structures, and sanitation solutions; and portable storage solutions, including portable storage and climate-controlled containers and trailers. The company also provides workstations, furniture, appliances, media packages, power and solar solutions, telematics, connectivity and data solutions, security and protection products, entrance packages, electrical and lighting products, organization and space optimization assets, perimeter solutions, and other items. It serves customers in the construction and infrastructure, commercial and industrial, and energy and natural resources markets, as well as governments and institutions. The company was formerly known as WillScot Mobile Mini Holdings Corp. and changed its name to WillScot Holdings Corporation in July 2024. The company was founded in 1944 and is headquartered in Scottsdale, Arizona.

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.

WillScot Holdings Corporation has a Value Score of 63, which is considered to be undervalued.

WillScot Holdings Corporation’s price-earnings ratio is 16.8 compared to the industry median at 33.2. This means that it has a lower price relative to its earnings compared to its peers. This makes WillScot Holdings Corporation more attractive for value investors.

WillScot Holdings Corporation’s price-to-book ratio is higher than its peers. This could make WillScot Holdings Corporation less attractive for value investors when compared to the industry median at 5.09.

You can read more about WillScot Holdings 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 Construction & Engineering 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 Construction & Engineering stocks as well as other industrys.

Choosing Which of the 3 Best Construction & Engineering 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.

• Fluor Corporation stock has a Value Grade of A.
• Matrix Service Company stock has a Value Grade of B.
• WillScot Holdings Corporation stock has a Value Grade of B.

Now that you have a bit more background about each of the 3 undervalued stocks in the Construction & Engineering 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 Construction & Engineering Stocks

Want to learn more about Construction & Engineering 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.

• 3 Undervalued Construction & Engineering Stocks for Friday, January 30
• Why PowerBank Corporation’s (SUUN) Stock Is Down 6.78%
• Why Terrestrial Energy Inc.’s (IMSR) Stock Is Down 6.49%
• Why Southland Holdings, Inc.’s (SLND) Stock Is Down 15.95%

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith and we accept no liability for any errors or omissions. The full disclaimer can be read here.