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Possible Value Traps

115 vetted cases, grouped by type of trap, sector and country. A name counts as a possible trap from roughly a 40% apparent discount to our fair value while scoring below 50 out of 100 on quality. The fair value comes from 26 valuation models, the quality score from 37 factors such as margins, debt and earnings stability. Every list below expands and shows the most striking names in its group.

In short

Stocks that look cheap on our Fair Value, but score weak on quality. A low price alone is not a signal: weak fundamentals can be a value trap. This list is explicitly a prompt for deeper research, not a recommendation.

As of: Nov 14, 2026 · 115 stocks analysed · values change with price and data.

The biggest apparent discounts

The 40 most striking of 115. Show all 115 →

more than 10% below fair value (cheap)near fair value (±10%)more than 10% above fair value (expensive)

Sorted by the apparent discount to fair value. The quality column shows why the discount is questionable: red means weak, amber medium.

#CompanyQualityApparent discount
1 Saudi Electricity Company (5110) 47 +193.7%
2 Sichuan Road & Bridge Group Co Ltd (600039) 48 +175.9%
3 ALD SA (AYV) 38 +172.1%
4 Nexi S.p.A (NEXI) 46 +172.1%
5 C&D International Investment Group Ltd (1908) 47 +161.5%
6 LG Chemicals (051910) 32 +153.3%
7 Fairvest Ltd (FTA) 38 +150.0%
8 Sinoma International Engineering Co Ltd (600970) 45 +144.6%
9 Brookfield Renewable Partners LP (BEP) 27 +143.8%
10 China State Construction International Holdings Ltd (3311) 38 +140.6%
11 Telefonica (TEF) 37 +134.7%
12 AGNC Investment Corp. (AGNC) 34 +131.5%
13 Trina Solar Co Ltd (688599) 32 +130.1%
14 Cyrela Brazil Realty S.A. Empreendimentos e Participações (CYRE3) 44 +118.9%
15 Starwood Property Trust Inc (STWD) 40 +118.5%
16 VusionGroup (VU) 49 +116.8%
17 Webuild S.p.A. (WBD) 42 +112.6%
18 Auren Energia S.A. (AURE3) 38 +112.4%
19 Hanwha Life (088350) 47 +112.0%
20 InterGlobe Aviation Limited (INDIGO) 47 +111.7%
21 Oscar Health Inc (OSCR) 41 +107.7%
22 IIFL Finance Limited (IIFL) 48 +106.9%
23 Nedbank Group Ltd (NED) 45 +105.6%
24 Patterson-UTI Energy Inc (PTEN) 35 +102.9%
25 Citic Pacific (0267) 45 +102.0%
26 Eiffage SA (FGR) 49 +101.7%
27 Antar Chile (ANTARCHILE) 47 +101.1%
28 Beijing Enterprises Holdings Ltd (0392) 48 +100.7%
29 PennyMac Finl Svcs Inc (PFSI) 39 +100.0%
30 Korea Gas Corporation (036460) 46 +98.2%
31 Polaris Industries Inc (PII) 45 +97.6%
32 Turk Telekomunikasyon AS (TTKOM) 49 +95.9%
33 Investec PLC (INVP) 47 +93.4%
34 SoftBank Group Corp (SFTBY) 41 +91.7%
35 Lenovo Group (0992) 45 +91.3%
36 Ping An Bank Co Ltd (000001) 44 +91.3%
37 Korea Investment Holdings Co (071050) 47 +90.8%
38 Motiva Infraestrutura de Mobilidade S.A. (MOTV3) 47 +89.0%
39 Tokyu Fudosan Holdings Corp ADR (TKFOY) 48 +88.1%
40 Alexandria Real Estate Equities Inc (ARE) 34 +87.8%

By type of trap

From the biggest apparent discount through the weakest quality scores to the possible dividend trap: a high payout on a weak business.

Biggest Apparent Discounts44 stocks
#CompanyQualityApparent discount
1Saudi Electricity Company (5110)47+193.7%
2Sichuan Road & Bridge Group Co Ltd (600039)48+175.9%
3ALD SA (AYV)38+172.1%
4Nexi S.p.A (NEXI)46+172.1%
5C&D International Investment Group Ltd (1908)47+161.5%
6LG Chemicals (051910)32+153.3%
7Fairvest Ltd (FTA)38+150.0%
8Sinoma International Engineering Co Ltd (600970)45+144.6%
9Brookfield Renewable Partners LP (BEP)27+143.8%
10China State Construction International Holdings Ltd (3311)38+140.6%
11Telefonica (TEF)37+134.7%
12AGNC Investment Corp. (AGNC)34+131.5%
13Trina Solar Co Ltd (688599)32+130.1%
14Cyrela Brazil Realty S.A. Empreendimentos e Participações (CYRE3)44+118.9%
15Starwood Property Trust Inc (STWD)40+118.5%
16VusionGroup (VU)49+116.8%
17Webuild S.p.A. (WBD)42+112.6%
18Auren Energia S.A. (AURE3)38+112.4%
19Hanwha Life (088350)47+112.0%
20InterGlobe Aviation Limited (INDIGO)47+111.7%
21Oscar Health Inc (OSCR)41+107.7%
22IIFL Finance Limited (IIFL)48+106.9%
23Nedbank Group Ltd (NED)45+105.6%
24Patterson-UTI Energy Inc (PTEN)35+102.9%
25Citic Pacific (0267)45+102.0%
26Eiffage SA (FGR)49+101.7%
27Antar Chile (ANTARCHILE)47+101.1%
28Beijing Enterprises Holdings Ltd (0392)48+100.7%
29PennyMac Finl Svcs Inc (PFSI)39+100.0%
30Korea Gas Corporation (036460)46+98.2%

Shown: the 30 most striking of 44. Show all 44 →

Weakest Quality Scores10 stocks
#CompanyQualityApparent discount
1LG Chemicals (051910)32+153.3%
2Brookfield Renewable Partners LP (BEP)27+143.8%
3AGNC Investment Corp. (AGNC)34+131.5%
4Trina Solar Co Ltd (688599)32+130.1%
5Alexandria Real Estate Equities Inc (ARE)34+87.8%
6Hoshine Silicon Ind Co Ltd (603260)31+64.6%
7Hanwha (000880)31+60.4%
8Viva Energy Group Ltd (VEA)34+58.3%
9Japan Post Insurance Co Ltd (4JP)20+54.7%
10Chord Energy Corp (CHRD)30+47.6%
Possible Dividend Traps57 stocks
#CompanyQualityApparent discount
1Saudi Electricity Company (5110)47+193.7%
2Sichuan Road & Bridge Group Co Ltd (600039)48+175.9%
3ALD SA (AYV)38+172.1%
4Nexi S.p.A (NEXI)46+172.1%
5C&D International Investment Group Ltd (1908)47+161.5%
6Fairvest Ltd (FTA)38+150.0%
7Sinoma International Engineering Co Ltd (600970)45+144.6%
8Brookfield Renewable Partners LP (BEP)27+143.8%
9China State Construction International Holdings Ltd (3311)38+140.6%
10Telefonica (TEF)37+134.7%
11AGNC Investment Corp. (AGNC)34+131.5%
12Trina Solar Co Ltd (688599)32+130.1%
13Cyrela Brazil Realty S.A. Empreendimentos e Participações (CYRE3)44+118.9%
14Starwood Property Trust Inc (STWD)40+118.5%
15Hanwha Life (088350)47+112.0%
16Nedbank Group Ltd (NED)45+105.6%
17Citic Pacific (0267)45+102.0%
18Eiffage SA (FGR)49+101.7%
19Beijing Enterprises Holdings Ltd (0392)48+100.7%
20Investec PLC (INVP)47+93.4%
21Ping An Bank Co Ltd (000001)44+91.3%
22Korea Investment Holdings Co (071050)47+90.8%
23Alexandria Real Estate Equities Inc (ARE)34+87.8%
24Samsung Card Co. Ltd. (029780)46+80.4%
25Graphic Packaging Holding Company (GPK)40+78.8%
26Localiza Rent a Car S.A (RENT3)49+74.7%
27Blue Owl Technology Finance Corp. (OTF)46+70.9%
28China Resources Power Holding (0836)38+70.7%
29SUNRISE N (SUNN)47+67.5%
30Nissan Motor Co Ltd ADR (NSANY)38+66.7%

Shown: the 30 most striking of 57. Show all 57 →

Large-Cap Value Traps25 stocks
#CompanyQualityApparent discount
1Saudi Electricity Company (5110)47+193.7%
2Sichuan Road & Bridge Group Co Ltd (600039)48+175.9%
3LG Chemicals (051910)32+153.3%
4Brookfield Renewable Partners LP (BEP)27+143.8%
5Telefonica (TEF)37+134.7%
6InterGlobe Aviation Limited (INDIGO)47+111.7%
7Oscar Health Inc (OSCR)41+107.7%
8Citic Pacific (0267)45+102.0%
9Eiffage SA (FGR)49+101.7%
10SoftBank Group Corp (SFTBY)41+91.7%
11Lenovo Group (0992)45+91.3%
12Ping An Bank Co Ltd (000001)44+91.3%
13China Resources Power Holding (0836)38+70.7%
14SBI Holdings Inc (SBHGF)43+70.0%
15Renesas Electronics Corp ADR (RNECY)49+66.9%
16Ford Motor Company (F)41+64.7%
17Rogers Communications Inc (RCI-A)43+63.7%
18Apollo Global Management LLC Class A (APO)49+62.8%
19ZTE Corp-H (0763)39+62.5%
20Japan Post Insurance Co Ltd (4JP)20+54.7%
21Industrial Bank Of Korea (024110)42+53.7%
22Realty Income Corporation (O)48+49.3%
23Bouygues SA (EN)49+48.5%
24CSG N.V. (CSG)46+44.4%
25Super Micro Computer Inc (SMCI)39+41.7%
Small-Cap Value Traps199 stocks
#CompanyQualityApparent discount
1Gran Tierra Energy Inc (GTE)28+199.0%
2Saturn Oil & Gas Inc. (SOIL)41+189.3%
3Construtora Tenda S.A (TEND3)44+185.4%
4SK Discovery Co Ltd (006125)42+182.6%
5Titan Machinery Inc (TITN)47+182.5%
6Beijing United Information Technology Co Ltd (603613)48+180.6%
7DFDS A/S (DFDS)46+179.2%
8Ulker Biskuvi Sanayi AS (ULKER)39+177.8%
9Magnera Corp placeholder (MAGN)32+177.4%
10Chiron Real Estate Inc. (XRN)42+169.9%
11Chimera Investment Corporation (CIM)40+163.7%
12Movida Participações S.A (MOVI3)35+162.8%
13Perfect Presentation for Commercial Services Company (7204)23+161.9%
14XPLR Infrastructure LP Unit (XIFR)36+161.3%
15Cyrela Brazil Realty SA (CYRBY)42+160.2%
16KKR Real Estate Finance Trust Inc (KREF)48+157.5%
17Carasso (CRSO)34+156.3%
18Rayonier Advanced Materials (RYAM)33+155.1%
19Autohellas S.A. (OTOEL)39+154.8%
20Smartworks Coworking Spaces Limited (SMARTWORKS)46+154.8%
21WELL Health Technologies Corp (WELL)48+153.6%
22Empire State Realty OP LP 250 (FISK)41+150.1%
23Empire State Realty OP LP (OGCP)41+150.0%
24Randon S.A. Implementos e Participações (RAPT3)42+148.8%
25Prosiebensat 1 Media AG (PSM)49+147.8%
26Cogeco Communications Inc (CCA)44+146.5%
27IndiQube Spaces Limited (INDIQUBE)39+146.1%
28Vermilion Energy Inc. (VET)42+144.7%
29GPS Participações e Empreendimentos S.A (GGPS3)42+143.6%
30Service Properties Trust (SVC)49+143.2%

Shown: the 30 most striking of 199. Show all 199 →

By sector

Which sectors show a cluster of cheap-looking names with weak quality.

Technology9 stocks
#CompanyQualityApparent discount
1Nexi S.p.A (NEXI)46+172.1%
2Trina Solar Co Ltd (688599)32+130.1%
3VusionGroup (VU)49+116.8%
4Lenovo Group (0992)45+91.3%
5Renesas Electronics Corp ADR (RNECY)49+66.9%
6ZTE Corp-H (0763)39+62.5%
7WT Microelectronics Co Ltd (3036)36+57.6%
8Hangzhou Lion Electronics Co Ltd (605358)47+43.8%
9Super Micro Computer Inc (SMCI)39+41.7%
Financial Services22 stocks
#CompanyQualityApparent discount
1AGNC Investment Corp. (AGNC)34+131.5%
2Starwood Property Trust Inc (STWD)40+118.5%
3Hanwha Life (088350)47+112.0%
4IIFL Finance Limited (IIFL)48+106.9%
5Nedbank Group Ltd (NED)45+105.6%
6PennyMac Finl Svcs Inc (PFSI)39+100.0%
7Investec PLC (INVP)47+93.4%
8Ping An Bank Co Ltd (000001)44+91.3%
9Korea Investment Holdings Co (071050)47+90.8%
10Samsung Card Co. Ltd. (029780)46+80.4%
11Blue Owl Technology Finance Corp. (OTF)46+70.9%
12SBI Holdings Inc (SBHGF)43+70.0%
13Kiwoom (039490)47+66.4%
14BNK Financial Group Inc (138930)46+66.0%
15Manappuram Finance Limited (MANAPPURAM)46+63.4%
16Apollo Global Management LLC Class A (APO)49+62.8%
17Japan Post Insurance Co Ltd (4JP)20+54.7%
18Industrial Bank Of Korea (024110)42+53.7%
19Golub Capital BDC Inc (GBDC)46+50.8%
20DB Insurance Co Ltd (005830)39+50.8%
21Hercules Capital, Inc. (HTGC)44+48.9%
22Rithm Capital Corp. (RITM)37+46.0%
Consumer Cyclical11 stocks
#CompanyQualityApparent discount
1ALD SA (AYV)38+172.1%
2Cyrela Brazil Realty S.A. Empreendimentos e Participações (CYRE3)44+118.9%
3Polaris Industries Inc (PII)45+97.6%
4Lithia Motors Inc (LAD)44+74.0%
5Nissan Motor Co Ltd ADR (NSANY)38+66.7%
6Ford Motor Company (F)41+64.7%
7Groupe Canal Plus (CAN)43+64.6%
8Mazda Motor Corp ADR (MZDAY)42+62.7%
9Frasers Group PLC (FRAS)44+57.2%
10Vibra Energia S.A. (VBBR3)41+53.6%
11Sumitomo Forestry Company. Ltd. (SMFRF)38+41.1%
Communication Services6 stocks
#CompanyQualityApparent discount
1Telefonica (TEF)37+134.7%
2Turk Telekomunikasyon AS (TTKOM)49+95.9%
3SoftBank Group Corp (SFTBY)41+91.7%
4SUNRISE N (SUNN)47+67.5%
5Rogers Communications Inc (RCI-A)43+63.7%
6Proximus NV (PROX)45+41.6%
Industrials29 stocks
#CompanyQualityApparent discount
1Sichuan Road & Bridge Group Co Ltd (600039)48+175.9%
2Sinoma International Engineering Co Ltd (600970)45+144.6%
3China State Construction International Holdings Ltd (3311)38+140.6%
4Webuild S.p.A. (WBD)42+112.6%
5InterGlobe Aviation Limited (INDIGO)47+111.7%
6Citic Pacific (0267)45+102.0%
7Eiffage SA (FGR)49+101.7%
8Antar Chile (ANTARCHILE)47+101.1%
9Motiva Infraestrutura de Mobilidade S.A. (MOTV3)47+89.0%
10Cadeler As (CADLR)48+85.9%
11Empresas Copec S.A. (COPEC)47+85.1%
12China Natl Chem Engineering Co (601117)49+83.6%
13CJ Corp (001040)48+77.7%
14Localiza Rent a Car S.A (RENT3)49+74.7%
15China Railway Hi-tech Industry Corp Ltd (600528)48+68.3%
16Hanwa Co., Ltd. (HNWAF)44+65.3%
17Ningbo Sanxing Medical Electric Co Ltd (601567)48+63.3%
18Schaeffler AG (SHA0)36+61.2%
19Hanwha (000880)31+60.4%
20Kintetsu Group Holdings Co.Ltd (KKI)45+59.9%
21Air Canada (AC)47+59.4%
22Shift4 Payments Inc (FOUR)43+54.6%
23CALB Co. Ltd. (3931)44+54.5%
24Zhongce Rubber Group Co Ltd (603049)40+49.2%
25Bouygues SA (EN)49+48.5%
26Sparebanken Vest (SBNOR)40+47.9%
27CSG N.V. (CSG)46+44.4%
28Owens Corning Inc (OC)48+41.7%
29Alstom S.A. (ALO)39+40.4%
Basic Materials9 stocks
#CompanyQualityApparent discount
1LG Chemicals (051910)32+153.3%
2Graphic Packaging Holding Company (GPK)40+78.8%
3Hoshine Silicon Ind Co Ltd (603260)31+64.6%
4Orbia Advance Corporation S.A.B. de C.V. (ORBIA)44+60.6%
5Elkem ASA (ELK)41+60.0%
6Sahara International Petrochemical Company SJSC (2310)46+60.0%
7Olin Corporation (OLN)46+59.6%
8Hyundai Steel (004020)46+58.1%
9PTT Global Chemical Public Company Limited (PTTGC)49+54.2%
Real Estate8 stocks
#CompanyQualityApparent discount
1C&D International Investment Group Ltd (1908)47+161.5%
2Fairvest Ltd (FTA)38+150.0%
3Tokyu Fudosan Holdings Corp ADR (TKFOY)48+88.1%
4Alexandria Real Estate Equities Inc (ARE)34+87.8%
5Essential Properties Realty Trust Inc (EPRT)47+62.3%
6Tritax Big Box REIT plc (BBOX)37+57.3%
7Realty Income Corporation (O)48+49.3%
8Agree Realty Corporation (ADC)40+44.6%
Utilities12 stocks
#CompanyQualityApparent discount
1Saudi Electricity Company (5110)47+193.7%
2Brookfield Renewable Partners LP (BEP)27+143.8%
3Auren Energia S.A. (AURE3)38+112.4%
4Beijing Enterprises Holdings Ltd (0392)48+100.7%
5Korea Gas Corporation (036460)46+98.2%
6Energisa S.A (ENGI11)35+73.8%
7China Resources Power Holding (0836)38+70.7%
8Engie Energia Chile SA (ECL)46+60.7%
9Union Electric Company (UEPEO)45+59.3%
10A2A S.p.A (A2A)47+50.9%
11Kyushu Electric Power Co Inc ADR (KYSEY)44+50.5%
12Fujian Funeng Co Ltd (600483)48+42.2%

By country

The same read per market and country.

US Stocks34 stocks
#CompanyQualityApparent discount
1Brookfield Renewable Partners LP (BEP)27+143.8%
2AGNC Investment Corp. (AGNC)34+131.5%
3Starwood Property Trust Inc (STWD)40+118.5%
4Oscar Health Inc (OSCR)41+107.7%
5Patterson-UTI Energy Inc (PTEN)35+102.9%
6PennyMac Finl Svcs Inc (PFSI)39+100.0%
7Polaris Industries Inc (PII)45+97.6%
8SoftBank Group Corp (SFTBY)41+91.7%
9Tokyu Fudosan Holdings Corp ADR (TKFOY)48+88.1%
10Alexandria Real Estate Equities Inc (ARE)34+87.8%
11Graphic Packaging Holding Company (GPK)40+78.8%
12Lithia Motors Inc (LAD)44+74.0%
13Blue Owl Technology Finance Corp. (OTF)46+70.9%
14SBI Holdings Inc (SBHGF)43+70.0%
15Renesas Electronics Corp ADR (RNECY)49+66.9%
16Nissan Motor Co Ltd ADR (NSANY)38+66.7%
17Hanwa Co., Ltd. (HNWAF)44+65.3%
18Ford Motor Company (F)41+64.7%
19Apollo Global Management LLC Class A (APO)49+62.8%
20Mazda Motor Corp ADR (MZDAY)42+62.7%
21Essential Properties Realty Trust Inc (EPRT)47+62.3%
22Olin Corporation (OLN)46+59.6%
23Union Electric Company (UEPEO)45+59.3%
24Shift4 Payments Inc (FOUR)43+54.6%
25Golub Capital BDC Inc (GBDC)46+50.8%
26Kyushu Electric Power Co Inc ADR (KYSEY)44+50.5%
27Realty Income Corporation (O)48+49.3%
28Hercules Capital, Inc. (HTGC)44+48.9%
29Chord Energy Corp (CHRD)30+47.6%
30Rithm Capital Corp. (RITM)37+46.0%

Shown: the 30 most striking of 34. Show all 34 →

Chinese Stocks11 stocks
#CompanyQualityApparent discount
1Sichuan Road & Bridge Group Co Ltd (600039)48+175.9%
2Sinoma International Engineering Co Ltd (600970)45+144.6%
3Trina Solar Co Ltd (688599)32+130.1%
4Ping An Bank Co Ltd (000001)44+91.3%
5China Natl Chem Engineering Co (601117)49+83.6%
6China Railway Hi-tech Industry Corp Ltd (600528)48+68.3%
7Hoshine Silicon Ind Co Ltd (603260)31+64.6%
8Ningbo Sanxing Medical Electric Co Ltd (601567)48+63.3%
9Zhongce Rubber Group Co Ltd (603049)40+49.2%
10Hangzhou Lion Electronics Co Ltd (605358)47+43.8%
11Fujian Funeng Co Ltd (600483)48+42.2%
Hong Kong Stocks9 stocks
#CompanyQualityApparent discount
1C&D International Investment Group Ltd (1908)47+161.5%
2China State Construction International Holdings Ltd (3311)38+140.6%
3Citic Pacific (0267)45+102.0%
4Beijing Enterprises Holdings Ltd (0392)48+100.7%
5Lenovo Group (0992)45+91.3%
6China Resources Power Holding (0836)38+70.7%
7ZTE Corp-H (0763)39+62.5%
8Dekon Food & Agriculture Group (2419)45+59.6%
9CALB Co. Ltd. (3931)44+54.5%
South Korean Stocks12 stocks
#CompanyQualityApparent discount
1LG Chemicals (051910)32+153.3%
2Hanwha Life (088350)47+112.0%
3Korea Gas Corporation (036460)46+98.2%
4Korea Investment Holdings Co (071050)47+90.8%
5Samsung Card Co. Ltd. (029780)46+80.4%
6CJ Corp (001040)48+77.7%
7Kiwoom (039490)47+66.4%
8BNK Financial Group Inc (138930)46+66.0%
9Hanwha (000880)31+60.4%
10Hyundai Steel (004020)46+58.1%
11Industrial Bank Of Korea (024110)42+53.7%
12DB Insurance Co Ltd (005830)39+50.8%
Brazilian Stocks7 stocks
#CompanyQualityApparent discount
1Cyrela Brazil Realty S.A. Empreendimentos e Participações (CYRE3)44+118.9%
2Auren Energia S.A. (AURE3)38+112.4%
3Motiva Infraestrutura de Mobilidade S.A. (MOTV3)47+89.0%
4Localiza Rent a Car S.A (RENT3)49+74.7%
5Energisa S.A (ENGI11)35+73.8%
6Vibra Energia S.A. (VBBR3)41+53.6%
7Raia Drogasil S.A (RADL3)49+46.4%

Frequently asked questions

What is a value trap?

A stock that looks cheap (low price vs fair value) but whose business quality is weak, e.g. falling margins, high debt or shrinking earnings. The "discount" may be deserved.

Are these sell recommendations?

No. This is evidence-based context for research only, not financial advice and not a buy/sell recommendation.