Overvalued Stocks – Page 3

#49

Shopify Inc (SHOP)

Information Technology · IT Services

Why #49: 14.9% downside to PriceToWorth Primary Fair Value; Medium Primary Fair Value confidence; Nasdaq 100 membership strengthens market credibility; valuation multiples remain elevated for its sector; $217.00B market capitalization — offset: revenue growth supports the valuation and may justify part of the premium i

SHOP

NASDAQ

-14.9% Downside Fair

4.5% Upside

112.6x

17.1x

16.4x

—

Great

$217.00B

#50

Evergy Inc (EVRG)

Utilities · Electric Utilities

Why #50: 14.8% downside to PriceToWorth Primary Fair Value; High Primary Fair Value confidence; S&P 500 membership strengthens market credibility; $19.47B market capitalization i

EVRG

NASDAQ

-14.8% Downside Fair

6.3% Upside

21.0x

1.9x

3.2x

3.3%

Fair

$19.47B

#51

Ferrovial (FER)

Industrials · Construction & Engineering

Why #51: 14.0% downside to PriceToWorth Primary Fair Value; High Primary Fair Value confidence; Nasdaq 100 membership strengthens market credibility; valuation multiples require additional justification; $35.85B market capitalization i

FER

NASDAQ

-14.0% Downside Fair

48.7% Upside

54.1x

5.6x

3.2x

2.6%

Good

$35.85B

#52

PPL Corporation (PPL)

Utilities · Electric Utilities

Why #52: 13.5% downside to PriceToWorth Primary Fair Value; High Primary Fair Value confidence; S&P 500 membership strengthens market credibility; $26.32B market capitalization i

PPL

NYSE

-13.5% Downside Fair

13.2% Upside

20.8x

1.7x

2.8x

3.3%

Good

$26.32B

#53

Ameren Corp (AEE)

Utilities · Multi-Utilities

Why #53: 12.3% downside to PriceToWorth Primary Fair Value; High Primary Fair Value confidence; S&P 500 membership strengthens market credibility; $29.91B market capitalization i

AEE

NYSE

-12.3% Downside Fair

6.1% Upside

19.1x

2.2x

3.6x

2.8%

Good

$29.91B

#54

Cloudflare Inc (NET)

Information Technology · IT Services

Why #54: 45.2% downside to PriceToWorth Primary Fair Value; Medium Primary Fair Value confidence; Russell 1000 membership strengthens market credibility; valuation multiples remain elevated for its sector; $116.00B market capitalization — offset: revenue growth supports the valuation and may justify part of the premium i

NET

NYSE

-45.2% Downside Overvalued

5.4% Upside

—

71.6x

46.2x

—

Fair

$116.00B

#55

Garmin Ltd (GRMN)

Consumer Discretionary · Household Durables

Why #55: 16.3% downside to PriceToWorth Primary Fair Value; High Primary Fair Value confidence; S&P 500 membership strengthens market credibility; $56.65B market capitalization i

GRMN

NYSE

-16.3% Downside Fair

4.4% Upside

30.2x

6.3x

7.4x

1.4%

Great

$56.65B

#56

Howmet Aerospace Inc (HWM)

Industrials · Aerospace & Defense

Why #56: 16.2% downside to PriceToWorth Primary Fair Value; High Primary Fair Value confidence; S&P 500 membership strengthens market credibility; valuation multiples require additional justification; $74.14B market capitalization — offset: revenue growth supports the valuation and may justify part of the premium i

HWM

NYSE

-16.2% Downside Fair

74.6% Upside

39.6x

12.9x

8.1x

0.3%

Good

$74.14B

#57

Thermo Fisher Scientific Inc (TMO)

Healthcare · Life Sciences Tools & Services

Why #57: 14.5% downside to PriceToWorth Primary Fair Value; High Primary Fair Value confidence; S&P 500 membership strengthens market credibility; $249.10B market capitalization i

TMO

NYSE

-14.5% Downside Fair

11.4% Upside

35.2x

4.5x

5.3x

0.3%

Good

$249.10B

#58

Ecolab Inc (ECL)

Materials · Chemicals

Why #58: 11.6% downside to PriceToWorth Primary Fair Value; High Primary Fair Value confidence; S&P 500 membership strengthens market credibility; $80.88B market capitalization i

ECL

NYSE

-11.6% Downside Fair

12.7% Upside

38.2x

8.0x

4.8x

1.0%

Great

$80.88B

#59

Ametek Inc (AME)

Industrials · Electrical Equipment

Why #59: 11.0% downside to PriceToWorth Primary Fair Value; High Primary Fair Value confidence; S&P 500 membership strengthens market credibility; $55.03B market capitalization i

AME

NYSE

-11.0% Downside Fair

17.5% Upside

34.9x

4.9x

7.0x

0.6%

Good

$55.03B

#60

Johnson Controls International PLC (JCI)

Industrials · Building Products

Why #60: 10.3% downside to PriceToWorth Primary Fair Value; High Primary Fair Value confidence; S&P 500 membership strengthens market credibility; $87.20B market capitalization i

JCI

NYSE

-10.3% Downside Fair

17.0% Upside

40.0x

6.5x

3.5x

1.1%

Good

$87.20B

#61

Sky Harbour Group Corp (SKYH)

Industrials · Transportation Infrastructure

Why #61: 23.5% downside to PriceToWorth Primary Fair Value; Medium Primary Fair Value confidence; valuation multiples require additional justification; $795.00M market capitalization — offset: revenue growth supports the valuation and may justify part of the premium i

SKYH

NYSE

-23.5% Downside Overvalued

69.9% Upside

397.4x

6.3x

23.4x

—

Weak

$795.00M

#62

CMS Energy Corporation (CMS)

Utilities · Multi-Utilities

Why #62: 16.9% downside to PriceToWorth Primary Fair Value; High Primary Fair Value confidence; S&P 500 membership strengthens market credibility; $21.82B market capitalization — offset: ebitda growth supports the valuation and may justify part of the premium i

CMS

NYSE

-16.9% Downside Fair

7.3% Upside

21.5x

2.3x

2.5x

3.3%

Fair

$21.82B

#63

NewMarket Corporation (NEU)

Materials · Chemicals

Why #63: 16.3% downside to PriceToWorth Primary Fair Value; High Primary Fair Value confidence; Russell 1000 membership strengthens market credibility; ebitda forecast is declining and reinforces valuation risk; $8.01B market capitalization i

NEU

NYSE

-16.3% Downside Fair

—

18.5x

4.4x

2.9x

1.4%

Great

$8.01B

#64

Advanced Micro Devices Inc (AMD)

Information Technology · Semiconductors & Semiconductor Equipment

Why #64: 15.6% downside to PriceToWorth Primary Fair Value; Medium Primary Fair Value confidence; S&P 500 membership strengthens market credibility; valuation multiples remain elevated for its sector; $843.60B market capitalization — offset: revenue growth supports the valuation and may justify part of the premium i

AMD

NASDAQ

-15.6% Downside Fair

23.4% Upside

130.4x

12.5x

20.4x

—

Great

$843.60B

#65

AutoNation Inc (AN)

Consumer Discretionary · Specialty Retail

Why #65: 21.8% downside to PriceToWorth Primary Fair Value; High Primary Fair Value confidence; Russell 1000 membership strengthens market credibility; $5.32B market capitalization i

AN

NYSE

-21.8% Downside Overvalued

36.4% Upside

6.9x

2.4x

0.2x

—

Fair

$5.32B

#66

American Tower Corp (AMT)

Real Estate · Specialized REITs

Why #66: 19.7% downside to PriceToWorth Primary Fair Value; Medium Primary Fair Value confidence; S&P 500 membership strengthens market credibility; book multiple requires sector-specific review; $88.05B market capitalization i

AMT

NYSE

-19.7% Downside Overvalued

14.2% Upside

25.9x

23.7x

8.0x

3.8%

Great

$88.05B

#67

Fortinet Inc (FTNT)

Information Technology · Software

Why #67: 18.4% downside to PriceToWorth Primary Fair Value; Medium Primary Fair Value confidence; S&P 500 membership strengthens market credibility; valuation multiples remain elevated for its sector; $132.10B market capitalization — offset: ebitda growth supports the valuation and may justify part of the premium i

FTNT

NASDAQ

-18.4% Downside Overvalued

-5.9% Downside

62.3x

85.1x

17.5x

—

Great

$132.10B

#68

Republic Services Inc (RSG)

Industrials · Commercial Services & Supplies

Why #68: 16.5% downside to PriceToWorth Primary Fair Value; High Primary Fair Value confidence; S&P 500 membership strengthens market credibility; $73.63B market capitalization i

RSG

NYSE

-16.5% Downside Fair

1.3% Upside

33.7x

6.1x

4.4x

1.1%

Good

$73.63B

#69

WW Grainger Inc (GWW)

Industrials · Trading Companies & Distributors

Why #69: 15.2% downside to PriceToWorth Primary Fair Value; High Primary Fair Value confidence; S&P 500 membership strengthens market credibility; $63.58B market capitalization i

GWW

NYSE

-15.2% Downside Fair

-1.4% Downside

34.0x

15.4x

3.4x

0.7%

Great

$63.58B

#70

Mettler-Toledo International Inc (MTD)

Healthcare · Life Sciences Tools & Services

Why #70: 14.9% downside to PriceToWorth Primary Fair Value; High Primary Fair Value confidence; S&P 500 membership strengthens market credibility; valuation multiples remain elevated for its sector; $33.47B market capitalization i

MTD

NYSE

-14.9% Downside Fair

-8.7% Downside

37.0x

2,609.9x

8.1x

—

Great

$33.47B

#71

Ross Stores Inc (ROST)

Consumer Discretionary · Specialty Retail

Why #71: 14.9% downside to PriceToWorth Primary Fair Value; High Primary Fair Value confidence; S&P 500 membership strengthens market credibility; $73.25B market capitalization i

ROST

NASDAQ

-14.9% Downside Fair

16.9% Upside

27.5x

10.9x

3.0x

0.8%

Great

$73.25B

#72

Waste Management Inc (WM)

Industrials · Commercial Services & Supplies

Why #72: 14.4% downside to PriceToWorth Primary Fair Value; High Primary Fair Value confidence; S&P 500 membership strengthens market credibility; $95.68B market capitalization i

WM

NYSE

-14.4% Downside Fair

5.9% Upside

33.5x

9.6x

3.7x

1.6%

Good

$95.68B