Materials Stocks: Quality Scores and Valuation

Median quality

25 / 100

Scoring 70+

38

Median ROIC

1.6%

Median op. margin

4.2%

Pay a dividend

270 · 45%

Medians are computed across every materials company we cover with the relevant figure available, from the most recent filings. See the methodology for how each score is calculated.

What to look at in materials

Another price-taking, cyclical group where a single year is close to meaningless. Cost position matters more than margin in any given period: the lowest-cost producer survives troughs that wipe out competitors, and that shows up in returns on capital over a full cycle.

Highest quality scores in materials

Strongest dividends in materials