Based on key financial metrics such as the price-to-sales ratio, shareholder yield and the price-earnings ratio, the following 4 stocks made the list for top value stocks in the Capital Markets 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 Capital Markets 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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4 Undervalued Capital Markets Stocks
Of course, there are countless value stocks that are worth mentioning, but this is a concise list of the top 4 undervalued stocks in the Capital Markets industry for Friday, May 29, 2026. Let’s take a closer look at their individual scores to see how they measure up against each other and the Capital Markets industry median.
| Company | Ticker | Price/Sales | Price/Earnings | EV/EBITDA | Shareholder Yield | Price/Book Value | Price/Free Cash Flow | Value Grade |
| Deutsche Bank Aktiengesellschaft | DB | 2.09 | 9.6 | na | (2.4%) | 0.69 | na | B |
| Futu Holdings Limited | FUTU | 0.70 | 10.2 | na | 6.3% | 2.86 | 0.4 | A |
| Stifel Financial Corp. | SF | 1.94 | 13.7 | na | 2.9% | 2.04 | 17.0 | B |
| State Street Corporation | STT | 3.10 | 16.0 | na | 5.6% | 1.80 | 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.
Deutsche Bank Aktiengesellschaft’s Value Grade
Value Grade:
| Metric | Score | DB | Industry Median |
| Price/Sales | 50 | 2.09 | 2.62 |
| Price/Earnings | 16 | 9.6 | 18.5 |
| EV/EBITDA | na | na | 11.9 |
| Shareholder Yield | 62 | (2.4%) | 0.0% |
| Price/Book Value | 12 | 0.69 | 2.69 |
| Price/Free Cash Flow | na | na | 15.5 |
Deutsche Bank Aktiengesellschaft, a stock corporation, provides corporate and investment banking, private clients, and asset management products and services in Germany, the United Kingdom, the rest of Europe, the Americas, the Asia-Pacific, the Middle East, and Africa. It operates through Corporate Bank, Investment Bank, Private Bank, and Asset Management segments. The Corporate Bank segment offers cash management services, such as integrated payments and FX solutions; trade finance and lending offerings, including documentary and guarantee business, and structured trade finance and lending; and depository receipts, corporate trust, document custody, and securities services. The Investment Bank segment provides financing solutions in industries and asset classes; institutional sales, trading, and structuring in foreign exchange, rates, emerging markets, and credit trading; liquidity, market making services, and specialized risk management solutions for fixed income and currencies products; and advisory and financial products and services. This segment is also involved in the mergers and acquisitions business; and capital markets businesses in debt and equity. The Private Bank segment offers a range of payment and account services, and credit and deposit products, as well as investment advice, and postal and parcel services; and planning, managing and investing wealth, financing personal and business interests, and servicing institutional and corporate needs. The Asset Management segment provides access to investment capabilities in active and passive asset classes comprising Xtrackers range and alternatives; and access to private equity, private credit, real estate, and infrastructure. Deutsche Bank Aktiengesellschaft was incorporated in 1870 and is headquartered in Frankfurt am Main, Germany.
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.
Deutsche Bank Aktiengesellschaft has a Value Score of 75, which is considered to be undervalued.
When you look at Deutsche Bank Aktiengesellschaft’s price-to-sales ratio at 2.09 compared to the industry median at 2.62, this company has a lower price relative to revenue compared to its peers. This could make Deutsche Bank Aktiengesellschaft’s stock more attractive for value investors.
Deutsche Bank Aktiengesellschaft’s price-earnings ratio is 9.60 compared to the industry median at 18.50. This means it has a lower share price relative to earnings compared to its peers. This could make Deutsche Bank Aktiengesellschaft more attractive for value investors.
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. Deutsche Bank Aktiengesellschaft’s shareholder yield is lower than its industry median ratio of 0.00%. 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. Deutsche Bank Aktiengesellschaft’s price-to-book ratio is lower than its industry median ratio of 2.69. This could make Deutsche Bank Aktiengesellschaft more attractive to investors looking for a new addition to their portfolio.
Futu Holdings Limited’s Value Grade
Value Grade:
| Metric | Score | FUTU | Industry Median |
| Price/Sales | 24 | 0.70 | 2.62 |
| Price/Earnings | 18 | 10.2 | 18.5 |
| EV/EBITDA | na | na | 11.9 |
| Shareholder Yield | 11 | 6.3% | 0.0% |
| Price/Book Value | 62 | 2.86 | 2.69 |
| Price/Free Cash Flow | 1 | 0.4 | 15.5 |
Futu Holdings Limited engages in the provision of digitalized securities brokerage and wealth management product distribution service in Hong Kong and internationally. It offers online financial services, including securities and derivative trades brokerage, margin financing and fund distribution services through its Futubull and Moomoo digital platforms. The company also provides financial information and online community services; online wealth management services under the Money Plus brand name through its Futubull and moomoo platforms, which provides its client access to mutual funds, private funds, bonds, structured products, and other wealth management products; market data and information services; and NiuNiu Community, an open forum for users and clients to share insights, ask questions, and exchange ideas. Futu Holdings Limited was founded in 2007 and is headquartered in Admiralty, Hong Kong.
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.
Futu Holdings Limited has a Value Score of 93, which is considered to be undervalued.
Futu Holdings Limited’s price-earnings ratio is 10.2 compared to the industry median at 18.5. This means that it has a lower price relative to its earnings compared to its peers. This makes Futu Holdings Limited more attractive for value investors.
Futu Holdings Limited’s price-to-book ratio is lower than its peers. This could make Futu Holdings Limited more attractive for value investors when compared to the industry median at 2.69.
You can read more about Futu Holdings Limited’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.
Stifel Financial Corp.’s Value Grade
Value Grade:
| Metric | Score | SF | Industry Median |
| Price/Sales | 48 | 1.94 | 2.62 |
| Price/Earnings | 33 | 13.7 | 18.5 |
| EV/EBITDA | na | na | 11.9 |
| Shareholder Yield | 26 | 2.9% | 0.0% |
| Price/Book Value | 50 | 2.04 | 2.69 |
| Price/Free Cash Flow | 45 | 17.0 | 15.5 |
Stifel Financial Corp. operates as the bank holding company for Stifel, Nicolaus & Company, Incorporated that provides retail and institutional wealth management, and investment banking services to individual, corporations, municipalities, and institutions in the United States, the United Kingdom, Canada, and internationally. It operates in three segments: Global Wealth Management, Institutional Group, and Other. The company provides private client services, including securities transaction and financial planning services; securities brokerage services, such as the sale of equities, mutual funds, fixed income products, and insurance; institutional equity and fixed income sales, trading and research, and municipal finance services; investment banking services, such as mergers and acquisitions, public offerings, and private placements; and retail and commercial banking services comprising personal and commercial lending programs, as well as deposit accounts. It participates in and manages underwritings for corporate and public finance; and offers financial advisory and securities brokerage services. The company was founded in 1890 and is headquartered in Saint Louis, Missouri.
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.
Stifel Financial Corp. has a Value Score of 64, which is considered to be undervalued.
Stifel Financial Corp.’s price-earnings ratio is 13.7 compared to the industry median at 18.5. This means that it has a lower price relative to its earnings compared to its peers. This makes Stifel Financial Corp. more attractive for value investors.
Stifel Financial Corp.’s price-to-book ratio is higher than its peers. This could make Stifel Financial Corp. less attractive for value investors when compared to the industry median at 2.69.
You can read more about Stifel Financial Corp.’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.
State Street Corporation’s Value Grade
Value Grade:
| Metric | Score | STT | Industry Median |
| Price/Sales | 63 | 3.10 | 2.62 |
| Price/Earnings | 40 | 16.0 | 18.5 |
| EV/EBITDA | na | na | 11.9 |
| Shareholder Yield | 13 | 5.6% | 0.0% |
| Price/Book Value | 45 | 1.80 | 2.69 |
| Price/Free Cash Flow | na | na | 15.5 |
State Street Corporation provides various financial products and services to institutional investors. It offers custody, accounting, and fund administration services for traditional and alternative assets, as well as multi-asset class investments; recordkeeping, client reporting, and investment book of record, transaction management, loans, cash, derivatives, and collateral services; investor services operations outsourcing; performance, risk, and compliance analytics; financial data management to support institutional investors; foreign exchange, brokerage, and other trading services; securities finance, such as prime services products; and deposit and short-term investment facilities.
The company also provides the State Street Alpha platform that combines portfolio management, trading and execution, analytics and compliance tools, and advanced data aggregation and integration with other industry platforms and providers; front-office technology that automates and simplifies the institutional investment process comprising portfolio management and risk analytics, trading, and post-trade settlement with integrated compliance and managed data; investment management solutions; and portfolio management, trading compliance, and manager/sponsor communication. In addition, it offers investment management solutions, such as strategies across equity, fixed income, cash, multi-asset, and alternatives; and ETFs, custom indexed, managed funds, and mandates. The company provides its products and services to mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, wealth managers, investment managers, foundations, and endowments. The company was founded in 1792 and is headquartered in Boston, Massachusetts.
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.
State Street Corporation has a Value Score of 64, which is considered to be undervalued.
State Street Corporation’s price-earnings ratio is 16.0 compared to the industry median at 18.5. This means that it has a lower price relative to its earnings compared to its peers. This makes State Street Corporation more attractive for value investors.
State Street Corporation’s price-to-book ratio is higher than its peers. This could make State Street Corporation less attractive for value investors when compared to the industry median at 2.69.
You can read more about State Street 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 Capital Markets 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 Capital Markets stocks as well as other industrys.
Choosing Which of the 4 Best Capital Markets 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.
- Deutsche Bank Aktiengesellschaft stock has a Value Grade of B.
- Futu Holdings Limited stock has a Value Grade of A.
- Stifel Financial Corp. stock has a Value Grade of B.
- State Street Corporation stock has a Value Grade of B.
Now that you have a bit more background about each of the 4 undervalued stocks in the Capital Markets 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 Capital Markets Stocks
Want to learn more about Capital Markets 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.
- 2026 Robo-Advice Landscape: Survivors Search for the Next Leg of Growth
- 5 Undervalued Capital Markets Stocks for Thursday, May 28
- Is BlackRock, Inc. (BLK) Overvalued?
- Is Morgan Stanley (MS) Overvalued?
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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