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after a shares have risen sharply, there may be certain risks in "chasing higher" in the short term.

so, are there still some stagnant stocks with relatively strong fundamentals?

after excluding the st sector, there are 803 stocks whose closing price on september 30 increased less than 24.04% from the lowest price on september 18. combining the price-to-earnings ratio, price-to-book ratio, market capitalization indicators and performance, we have obtained a full list of 52 sluggish stocks. please follow the wechat public account "daoda" and send "stagflation stocks" in the dialog box to receive it.

since september 18th, the a-share market has been performing extremely bullishly. taking the shanghai stock exchange index as an example, the lowest point on september 18 was 2689.90 points, and the closing price on september 30 was 3336.50 points. the closing price on september 30 increased by 24.04% from the lowest price on september 18.

after a sharp rise, from a technical perspective, the index and most individual stocks have signs of over-rising, so there may be certain risks in "chasing higher" in the short term.

so, are there still some stocks with relatively strong fundamentals and stagnant stock prices?

flush ifind shows that from september 18 to september 30, after excluding the st sector, there were 803 stocks whose closing price on september 30 increased less than 24.04% from the lowest price on september 18. these 803 stocks can be called stagflation stocks.

among these stagnant stocks, which stocks are worthy of attention? we first eliminate stocks with negative p/e ratios, p/e ratios (ttm) greater than 20 times, p/b ratios less than 0, and p/b ratios greater than 1 times, and then analyze them based on market value, performance and other data.

large market capitalization stagnant stocks are concentrated in the banking sector

among the stocks with a market value greater than 10 billion yuan, there are 38 stocks that meet the valuation requirements (i.e. price-to-earnings ratio between 0 and 20 times, price-to-book ratio between 0 and 1 times). the following table shows the top 10 stocks by market value. for bank stocks. among them, there are two stocks whose closing price on september 30 increased by less than 10% from the lowest price on september 18, namely agricultural bank of china and bank of china.

▲data source: flush ifind, compiled by reporters

the overall performance of banking stocks this year has been very strong, and the stock prices of many individual stocks have continued to reach new highs. starting from the end of august, high-dividend assets represented by bank stocks began to adjust. judging from the performance in the first half of 2024, except for city commercial banks, the performance of most banking stocks has declined slightly. therefore, it is reasonable for the banking sector to be relatively weak during this round of rising prices.

after excluding the banking sector, among the stocks with a market value greater than 10 billion yuan, there are 12 stocks that meet the valuation requirements, mainly distributed in the two industries of shipping ports and auto parts. among them, there are 4 stocks with a price-to-earnings ratio (ttm) of less than 10 times, namely huayu automobile, shaanxi construction co., ltd., triangle tire and jiangsu cathay. in addition, guotai junan is suspended.

▲data source: flush ifind, compiled by reporters

stocks with stagnant performance growth are concentrated in the port sector

among the stocks with a market value of less than 10 billion yuan, there are 15 stocks that meet the valuation requirements (that is, a price-to-earnings ratio of 0 to 20 times and a price-to-book ratio of 0 to 1 times), as shown in the table below. from the perspective of industry distribution, it is mainly concentrated in the port shipping and highway sectors. among them, there are 4 stocks with a price-to-earning ratio of less than 10 times, namely anhui construction engineering, chutian expressway, wuzhou transportation and chongqing port.

▲data source: flush ifind, compiled by reporters

finally, we combined the performance and sorted it out again. among the stagnant stocks that meet the valuation requirements (that is, the price-to-earnings ratio is between 0 and 20 times, and the price-to-book ratio is between 0 and 1 times), operating income and net profit in the first half of 2024 are both there are 23 stocks maintaining positive growth, and after excluding bank stocks, there are 11 stocks, as shown in the table below. from the perspective of industry distribution, it is mainly concentrated in the port sector, highway sector and auto parts sector. judging from the growth rate of net profit, there are three stocks with a growth rate of more than 30%, namely vosges, fuchun environmental protection and china merchants shekou.

▲data source: flush ifind, compiled by reporters

there are 803 stocks whose closing price on september 30 increased less than 24.04% from the lowest price on september 18. after the stocks with a price-earnings ratio of 0 to 20 times and a price-to-book ratio of 0 to 1 times, there are 52 stocks.