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 Electrical Equipment 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 Electrical Equipment 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 Electrical Equipment 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 Electrical Equipment industry for Monday, March 09, 2026. Let’s take a closer look at their individual scores to see how they measure up against each other and the Electrical Equipment industry median.
| Company | Ticker | Price/Sales | Price/Earnings | EV/EBITDA | Shareholder Yield | Price/Book Value | Price/Free Cash Flow | Value Grade |
| Array Technologies, Inc. | ARRY | 0.81 | na | 13.5 | (0.5%) | na | 13.1 | B |
| Atkore Inc. | ATKR | 0.74 | na | 13.4 | 5.2% | 1.47 | 13.7 | B |
| Sunrun Inc. | RUN | 0.88 | 6.7 | 29.4 | (3.4%) | 0.85 | na | B |
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.
Array Technologies, Inc.’s Value Grade
Value Grade:
| Metric | Score | ARRY | Industry Median |
| Price/Sales | 28 | 0.81 | 1.96 |
| Price/Earnings | na | na | 32.2 |
| EV/EBITDA | 53 | 13.5 | 16.8 |
| Shareholder Yield | 53 | (0.5%) | (4.9%) |
| Price/Book Value | na | na | 2.84 |
| Price/Free Cash Flow | 34 | 13.1 | 26.4 |
Array Technologies, Inc. engages in the manufacture and sale of solar tracking technology products in the United States, Spain, Brazil, Australia, and internationally. It operates through two segments, Array Legacy Operations and STI Operations. The company’s products portfolio includes DuraTrack HZ V3, a single axis tracker; Array STI H250, a dual-row tracker system; Array OmniTrack; Array SkyLink, a photovoltaic-powered control tracker system; and SmarTrack, a software and control-based product. Array Technologies, Inc. was incorporated in 1987 and is headquartered in Albuquerque, New Mexico.
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.
Array Technologies, Inc. has a Value Score of 61, which is considered to be undervalued.
When you look at Array Technologies, Inc.’s price-to-sales ratio at 0.81 compared to the industry median at 1.96, this company has a lower price relative to revenue compared to its peers. This could make Array Technologies, Inc.’s stock more attractive for value investors.
Now, let’s assess Array Technologies, Inc.’s EV/EBITDA ratio, also known as enterprise multiple. At 13.5, when compared to the industry median of 16.8, 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. Array Technologies, Inc.’s shareholder yield is higher than its industry median ratio of (4.90%). 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.
Lastly, let’s take a look at Array Technologies, Inc.’s price-to-free-cash-flow ratio (P/FCF), which can indicate a company’s market value relative to its operating cash flow. Array Technologies, Inc.’s price-to-free-cash-flow ratio is lower than its industry median ratio of 26.35. This could make Array Technologies, Inc. more attractive because the lower P/FCF ratio indicates that Array Technologies, Inc. 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.
Atkore Inc.’s Value Grade
Value Grade:
| Metric | Score | ATKR | Industry Median |
| Price/Sales | 26 | 0.74 | 1.96 |
| Price/Earnings | na | na | 32.2 |
| EV/EBITDA | 53 | 13.4 | 16.8 |
| Shareholder Yield | 15 | 5.2% | (4.9%) |
| Price/Book Value | 40 | 1.47 | 2.84 |
| Price/Free Cash Flow | 35 | 13.7 | 26.4 |
Atkore Inc. engages in the manufacture and sale of electrical, mechanical, safety, and infrastructure products and solutions in the United States and internationally. It operates through two segments, Electrical, and Safety & Infrastructure. The company offers metal electrical conduit and fittings; plastic pipe conduit and fittings; electrical cable and flexible conduit; and international cable management systems; and mechanical tubes and pipes, metal framing and fittings, construction services, perimeter security, and cable management for the protection and reliability of critical infrastructure. It offers its products under the Allied Tube & Conduit, AFC Cable Systems, Kaf-Tech, Heritage Plastics, Unistrut, Power-Strut, Cope, US Tray, FRE Composites, Calbond, and Calpipe. The company serves various end markets, including new construction; maintenance, repair, and remodel; infrastructure; diversified industrials; alternative power generation; healthcare; data centers; and governments. The company was formerly known as Atkore International Group Inc. and changed its name to Atkore Inc. in February 2021. Atkore Inc. was founded in 1959 and is headquartered in Harvey, 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.
Atkore Inc. has a Value Score of 77, which is considered to be undervalued.
Atkore Inc.’s price-to-book ratio is higher than its peers. This could make Atkore Inc. less attractive for value investors when compared to the industry median at 2.84.
You can read more about Atkore 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.
Sunrun Inc.’s Value Grade
Value Grade:
| Metric | Score | RUN | Industry Median |
| Price/Sales | 30 | 0.88 | 1.96 |
| Price/Earnings | 7 | 6.7 | 32.2 |
| EV/EBITDA | 86 | 29.4 | 16.8 |
| Shareholder Yield | 67 | (3.4%) | (4.9%) |
| Price/Book Value | 18 | 0.85 | 2.84 |
| Price/Free Cash Flow | na | na | 26.4 |
Sunrun Inc. designs, develops, installs, sells, owns, and maintains residential solar energy systems in the United States. The company sells solar energy systems and products, such as panels and racking; and solar leads generated to customers. It offers battery storage along with solar energy systems; and sells services to commercial developers through multi-family and new homes. Its primary customers are residential homeowners. The company markets and sells its products through direct-to-consumer approach across online, retail, mass media, digital media, canvassing, field marketing, and referral channels, as well as its partner network. It also operates distributed electricity power plants. Sunrun Inc. was founded in 2007 and is headquartered in San Francisco, California.
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.
Sunrun Inc. has a Value Score of 62, which is considered to be undervalued.
Sunrun Inc.’s price-earnings ratio is 6.7 compared to the industry median at 32.2. This means that it has a lower price relative to its earnings compared to its peers. This makes Sunrun Inc. more attractive for value investors.
Sunrun Inc.’s price-to-book ratio is higher than its peers. This could make Sunrun Inc. less attractive for value investors when compared to the industry median at 2.84.
You can read more about Sunrun 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.
Other Electrical Equipment 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 Electrical Equipment stocks as well as other industrys.
Choosing Which of the 3 Best Electrical Equipment 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.
- Array Technologies, Inc. stock has a Value Grade of B.
- Atkore Inc. stock has a Value Grade of B.
- Sunrun Inc. stock has a Value Grade of B.
Now that you have a bit more background about each of the 3 undervalued stocks in the Electrical Equipment 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 Electrical Equipment Stocks
Want to learn more about Electrical Equipment 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 Electrical Equipment Stocks for Monday, March 09
- Is GE Vernova Inc. (GEV) Overvalued?
- Is GE Vernova Inc. (GEV) Overvalued?
- Why Allient Inc.’s (ALNT) Stock Is Down 6.32%
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.
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