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Based on key financial metrics such as the price-to-sales ratio, shareholder yield and the price-earnings ratio, the following 6 stocks made the list for top value stocks in the Chemicals 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 Chemicals 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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6 Undervalued Chemicals Stocks

Of course, there are countless value stocks that are worth mentioning, but this is a concise list of the top 6 undervalued stocks in the Chemicals industry for Saturday, July 04, 2026. Let’s take a closer look at their individual scores to see how they measure up against each other and the Chemicals industry median.

Company	Ticker	Price/Sales	Price/Earnings	EV/EBITDA	Shareholder Yield	Price/Book Value	Price/Free Cash Flow	Value Grade
H.B. Fuller Company	FUL	0.90	17.2	8.8	1.7%	1.50	35.4	B
ICL Group Ltd	ICL	0.88	24.9	8.3	3.5%	1.07	71.9	B
Kronos Worldwide, Inc.	KRO	0.37	na	na	3.4%	0.92	na	A
LSB Industries, Inc.	LXU	1.19	16.9	6.7	(0.3%)	1.41	11.4	B
Mativ Holdings, Inc.	MATV	0.20	5.2	11.5	4.8%	0.84	4.2	A
Minerals Technologies Inc.	MTX	1.10	14.4	7.6	3.4%	1.34	22.3	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.

H.B. Fuller Company’s Value Grade

Value Grade:

Metric	Score	FUL	Industry Median
Price/Sales	29	0.90	1.15
Price/Earnings	43	17.2	25.2
EV/EBITDA	29	8.8	10.9
Shareholder Yield	32	1.7%	2.2%
Price/Book Value	39	1.50	1.53
Price/Free Cash Flow	70	35.4	24.3

H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, additives, and other specialty chemical products. It operates through three segments: Hygiene, Health and Consumable Adhesives; Engineering Adhesives; and Building Adhesive Solutions. The Hygiene, Health and Consumable Adhesives segment produces and supplies specialty industrial adhesives, such as thermoplastic, thermoset, reactive, water-based, and solvent-based products for applications in various markets, including packaging, converting, nonwoven and hygiene, and medical and beauty. The Engineering Adhesives segment produces and supplies high performance industrial adhesives comprising reactive, light cure, two-part liquids, polyurethane, silicone, film, and fast cure products to the durable assembly, performance wood and textile, transportation, electronics, clean energy, aerospace and defense, appliance, heavy machinery, and insulating glass markets. The Construction Adhesives segment provides products used for commercial roofing, heating, ventilation, and air conditioning and insulation applications, as well as caulks and sealants for the consumer market and professional trade. The company sells its products directly to customers, as well as through distributors and retailers in North America, Latin America, Europe, India, the Middle East, Africa, and the Asia Pacific. H.B. Fuller Company was founded in 1887 and is headquartered in Saint Paul, Minnesota.

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.

H.B. Fuller Company has a Value Score of 65, which is considered to be undervalued.

When you look at H.B. Fuller Company’s price-to-sales ratio at 0.90 compared to the industry median at 1.15, this company has a lower price relative to revenue compared to its peers. This could make H.B. Fuller Company’s stock more attractive for value investors.

H.B. Fuller Company’s price-earnings ratio is 17.20 compared to the industry median at 25.20. This means it has a lower share price relative to earnings compared to its peers. This could make H.B. Fuller Company more attractive for value investors.

Now, let’s assess H.B. Fuller Company’s EV/EBITDA ratio, also known as enterprise multiple. At 8.8, when compared to the industry median of 10.9, 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. H.B. Fuller Company’s shareholder yield is lower than its industry median ratio of 2.20%. 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. H.B. Fuller Company’s price-to-book ratio is lower than its industry median ratio of 1.53. This could make H.B. Fuller Company more attractive to investors looking for a new addition to their portfolio.

Lastly, let’s take a look at H.B. Fuller Company’s price-to-free-cash-flow ratio (P/FCF), which can indicate a company’s market value relative to its operating cash flow. H.B. Fuller Company’s price-to-free-cash-flow ratio is higher than its industry median ratio of 24.30. This could make H.B. Fuller Company less attractive because the higher P/FCF ratio indicates that H.B. Fuller Company 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.

ICL Group Ltd’s Value Grade

Value Grade:

Metric	Score	ICL	Industry Median
Price/Sales	28	0.88	1.15
Price/Earnings	61	24.9	25.2
EV/EBITDA	26	8.3	10.9
Shareholder Yield	22	3.5%	2.2%
Price/Book Value	25	1.07	1.53
Price/Free Cash Flow	88	71.9	24.3

ICL Group Ltd, together with its subsidiaries, operates as a specialty minerals and chemicals company worldwide. The company operates in four segments: Industrial Products, Potash, Phosphate Solutions, and Growing Solutions. The Industrial Products segment produces bromine out of a solution that is a by-product of the potash production process, as well as bromine-based compounds; sells various grades of potash, salt, magnesium chloride, and magnesia products; and produces and markets phosphorous-based flame retardants and other phosphorus-based products. The Potash segment produces and sells potash, salt, magnesium, electricity, and magnesium alloys; as well as chlorine and sylvinite. The Phosphate segment uses phosphate commodity products to produce specialty products; sells phosphate-based fertilizers, as well as sulphuric and green phosphoric acid, and phosphate fertilizers; and offers phosphate salts and acids. It also develops and produces functional food ingredients and phosphate additives. The Growing Solutions segment develops, manufactures, markets, and sells fertilizers based primarily on nitrogen, potash, and phosphate, including water-soluble specialty, and controlled-release fertilizers, as well as secondary nutrients, bio-stimulants, soil conditioners, seed treatment products, and adjuvants. It also offers digital platforms and technological solutions for farmers and agronomists. The company serves pharmaceutical, food, oil and gas, de-icing, building and construction, oral care, paints and coatings, energy storage, water treatment, electronics, automotive, agriculture, textiles, tire manufacturing, and healthcare industries, as well as power plants and battery producers. It sells its products through marketing companies, agents, and distributors. The company was formerly known as Israel Chemicals Ltd. and changed its name to ICL Group Ltd in May 2020. The company was incorporated in 1968 and is headquartered in Tel Aviv-Yafo, Israel.

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.

ICL Group Ltd has a Value Score of 62, which is considered to be undervalued.

ICL Group Ltd’s price-earnings ratio is 24.9 compared to the industry median at 25.2. This means that it has a lower price relative to its earnings compared to its peers. This makes ICL Group Ltd more attractive for value investors.

ICL Group Ltd’s price-to-book ratio is higher than its peers. This could make ICL Group Ltd less attractive for value investors when compared to the industry median at 1.53.

You can read more about ICL Group Ltd’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.

Kronos Worldwide, Inc.’s Value Grade

Value Grade:

Metric	Score	KRO	Industry Median
Price/Sales	14	0.37	1.15
Price/Earnings	na	na	25.2
EV/EBITDA	na	na	10.9
Shareholder Yield	23	3.4%	2.2%
Price/Book Value	20	0.92	1.53
Price/Free Cash Flow	na	na	24.3

Kronos Worldwide, Inc. produces and markets titanium dioxide pigments (TiO2) in Europe, North America, the Asia Pacific, and internationally. The company offers TiO2 in two crystalline forms comprising rutile and anatase to impart whiteness, brightness, opacity, and durability for various products, including paints, coatings, plastics, paper, fibers, and ceramics, as well as for various specialty products, such as inks, foods, cosmetics, and pharmaceuticals. It also produces and sells ilmenite, a raw material used directly as a feedstock by sulfate-process TiO2 plants; iron-based chemicals, which are used as treatment and conditioning agents for industrial effluents and municipal wastewater, as well as in the manufacture of iron pigments, cement, and agricultural products; and specialty chemicals for use in the formulation of pearlescent pigments, and production of electroceramic capacitors for cell phones and other electronic devices, as well as for use in natural gas pipe and other specialty applications. In addition, the company provides technical services for its products. It sells its products under the KRONOS brand through agents and distributors to paint, plastics, decorative laminate, and paper manufacturers. The company was founded in 1916 and is headquartered in Dallas, Texas. Kronos Worldwide, Inc. is a subsidiary of Valhi, Inc.

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.

Kronos Worldwide, Inc. has a Value Score of 96, which is considered to be undervalued.

Kronos Worldwide, Inc.’s price-to-book ratio is higher than its peers. This could make Kronos Worldwide, Inc. less attractive for value investors when compared to the industry median at 1.53.

You can read more about Kronos Worldwide, 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.

LSB Industries, Inc.’s Value Grade

Value Grade:

Metric	Score	LXU	Industry Median
Price/Sales	34	1.19	1.15
Price/Earnings	42	16.9	25.2
EV/EBITDA	18	6.7	10.9
Shareholder Yield	50	(0.3%)	2.2%
Price/Book Value	37	1.41	1.53
Price/Free Cash Flow	27	11.4	24.3

LSB Industries, Inc. manufactures, markets, and sells chemical products in the United States. The company offers ammonia and urea ammonia nitrate for agricultural applications. It also provides high purity and commercial grade ammonia, high purity ammonium nitrate, sulfuric acids, concentrated, blended and regular nitric acid, mixed nitrating acids, carbon dioxide, industrial grade ammonium nitrate, and ammonium nitrate for industrial applications. It sells its products to farmers, ranchers, fertilizer dealers, and distributors primarily in the ranch land and grain production markets, as well as industrial users of acids and explosive manufacturers. LSB Industries, Inc. was founded in 1968 and is headquartered in Oklahoma City, 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.

LSB Industries, Inc. has a Value Score of 75, which is considered to be undervalued.

LSB Industries, Inc.’s price-earnings ratio is 16.9 compared to the industry median at 25.2. This means that it has a lower price relative to its earnings compared to its peers. This makes LSB Industries, Inc. more attractive for value investors.

LSB Industries, Inc.’s price-to-book ratio is higher than its peers. This could make LSB Industries, Inc. less attractive for value investors when compared to the industry median at 1.53.

You can read more about LSB Industries, 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.

Mativ Holdings, Inc.’s Value Grade

Value Grade:

Metric	Score	MATV	Industry Median
Price/Sales	9	0.20	1.15
Price/Earnings	5	5.2	25.2
EV/EBITDA	44	11.5	10.9
Shareholder Yield	16	4.8%	2.2%
Price/Book Value	17	0.84	1.53
Price/Free Cash Flow	8	4.2	24.3

Mativ Holdings, Inc., together with its subsidiaries, manufactures and sells specialty materials in the United States, Europe, the Asia Pacific, the Americas, and internationally. The company operates through two segments, Filtration & Advanced Materials and Sustainable & Adhesive Solutions. The Filtration & Advanced Materials manufactures and sells various engineered polymer, resin and fiber-based substrates, nets, films, adhesive tapes, and other nonwovens for transportation, water and air filtration, construction, healthcare, advertising and marketing, and consumer goods, as well as filtration media and components, advanced films, coating and converting solutions, and extruded mesh products. The Sustainable & Adhesive Solutions segment offers tapes, labels, and liners that includes substrates for tapes used in building and construction, infrastructure, DIY, athletic, and industrial applications; and substrates critical to protection and adhesive separation applications in the personal care, label, tape, industrial, graphic arts, composites, and medical categories, as well as performance labels and cable wrapping. This segment also provides paper and packaging products comprising premium printing and other specialty papers and packaging applications used for print collateral, advertising, direct mail, sustainable alternatives, product packaging, graphics, wallpaper, and education, as well as consumer office, stationery and craft papers to retailers, small business, personal use, and educational applications; and healthcare and other products, including wound care, consumer wellness, device fixation, medical packaging, as well as various other solutions and applications. The company was formerly known as Schweitzer-Mauduit International, Inc. and changed its name to Mativ Holdings, Inc. in July 2022. Mativ Holdings, Inc. was incorporated in 1995 and is headquartered in Alpharetta, Georgia.

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.

Mativ Holdings, Inc. has a Value Score of 97, which is considered to be undervalued.

Mativ Holdings, Inc.’s price-earnings ratio is 5.2 compared to the industry median at 25.2. This means that it has a lower price relative to its earnings compared to its peers. This makes Mativ Holdings, Inc. more attractive for value investors.

Mativ Holdings, Inc.’s price-to-book ratio is higher than its peers. This could make Mativ Holdings, Inc. less attractive for value investors when compared to the industry median at 1.53.

You can read more about Mativ Holdings, 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.

Minerals Technologies Inc.’s Value Grade

Value Grade:

Metric	Score	MTX	Industry Median
Price/Sales	33	1.10	1.15
Price/Earnings	35	14.4	25.2
EV/EBITDA	22	7.6	10.9
Shareholder Yield	23	3.4%	2.2%
Price/Book Value	34	1.34	1.53
Price/Free Cash Flow	55	22.3	24.3

Minerals Technologies Inc. develops, produces, and markets various mineral, mineral-based products and services. The company operates through two segments, Consumer & Specialties, and Engineered Solutions segments. The Consumer & Specialties segment offers household and personal care products, such as cat litter under the SIVO brand name, personal care, fabric care, edible oil and renewable fluid purification, animal health, and agricultural products; and specialty additives products, including precipitated calcium carbonate and ground calcium carbonate products that are used in the paper, paperboard, and fiber-based packaging industries, as well as automotive, construction, consumer markets, and packaging applications. The Engineered Solutions segment provides high-temperature technology products consisting of custom-blended mineral and non-mineral products for casting auto and heavy truck parts, agriculture and construction equipment, municipal, infrastructure and other industrial castings markets; and environmental and infrastructure products comprising geosynthetic clay lining systems, vapor intrusion mitigation products, sub surface waterproofing systems, green roofs, wastewater remediation, drinking water purification technologies, and drilling products. In addition, this segment offers gunnable monolithic refractory products and application systems; monolithic refractory materials and pre-cast refractory shapes; refractory shapes and linings; carbon composites and pyrolitic graphite under PYROID brand; and filtration and well testing services. It markets its products primarily through its direct sales force, as well as regional distributors. The company operates in the United States, Canada, Latin America, Europe, Africa, and Asia. Minerals Technologies Inc. was incorporated in 1968 and is headquartered in New York, New York.

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.

Minerals Technologies Inc. has a Value Score of 77, which is considered to be undervalued.

Minerals Technologies Inc.’s price-earnings ratio is 14.4 compared to the industry median at 25.2. This means that it has a lower price relative to its earnings compared to its peers. This makes Minerals Technologies Inc. more attractive for value investors.

Minerals Technologies Inc.’s price-to-book ratio is higher than its peers. This could make Minerals Technologies Inc. less attractive for value investors when compared to the industry median at 1.53.

You can read more about Minerals Technologies 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 Chemicals 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 Chemicals stocks as well as other industrys.

Choosing Which of the 6 Best Chemicals 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.

H.B. Fuller Company stock has a Value Grade of B.
ICL Group Ltd stock has a Value Grade of B.
Kronos Worldwide, Inc. stock has a Value Grade of A.
LSB Industries, Inc. stock has a Value Grade of B.
Mativ Holdings, Inc. stock has a Value Grade of A.
Minerals Technologies Inc. stock has a Value Grade of B.

Now that you have a bit more background about each of the 6 undervalued stocks in the Chemicals 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 Chemicals Stocks

Want to learn more about Chemicals 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.

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.