Most Undervalued Basic Materials stocks
Among the largest Basic Materials companies ATLAS tracks, Rio Tinto (RIO) sits furthest below ATLAS fair value (8% below fair value), followed by Barrick Mining and Newmont.
Updated Nov 6, 2026. Educational information, not investment advice.
The most undervalued Basic Materials stocks among the largest Basic Materials companies ATLAS tracks, ranked by how far they sit from ATLAS fair value. Figures match what ATLAS shows on each stock's page.
| # | Company | Vs ATLAS fair value | Price | Market cap |
|---|---|---|---|---|
| 1 | RIO Rio Tinto | 8% below fair value | $83.73 | $133B |
| 2 | B Barrick Mining | about fair value | $40.56 | $60.9B |
| 3 | NEM Newmont | 9% above fair value | $120.91 | $123B |
| 4 | SCCO Southern Copper | 36% above fair value | $167.27 | $157B |
| 5 | FCX Freeport-McMoRan | 42% above fair value | $59.42 | $93.6B |
| 6 | LIN Linde | 53% above fair value | $515.25 | $234B |
| 7 | SHW Sherwin-Williams | 67% above fair value | $344.10 | $81.4B |
| 8 | AEM Agnico Eagle Mines | 90% above fair value | $191.57 | $83.6B |
| 9 | ECL Ecolab | 100% above fair value | $300.68 | $81.0B |
| 10 | APD Air Products and Chemicals | 129% above fair value | $304.84 | $71.0B |
Ranked across the largest Basic Materials companies ATLAS tracks. Prices are in USD; market cap is in USD. A gap to fair value is a model estimate, not a price target.
Most Undervalued Basic Materials stocks — common questions
What are the most undervalued Basic Materials stocks per ATLAS?
Rio Tinto (RIO), Barrick Mining and Newmont trade furthest below ATLAS fair value among the largest Basic Materials companies. ATLAS compares each stock's price with its estimated fair value — the bigger the discount, the larger the gap below that estimate.
How does ATLAS decide which Basic Materials stocks are undervalued?
ATLAS estimates a fair value for each company and measures how far the current price sits below it. This page ranks the largest Basic Materials companies by that gap; it is a model estimate, not a price target.
Is this a list of Basic Materials stocks to buy?
No. ATLAS is educational information, not investment advice. This ranking describes a single metric and is not a recommendation to buy or sell any stock.
Track Basic Materials stocks on ATLAS — probability, fair value and earnings for RIO, B and 50,000+ more.
Open ATLAS free →ATLAS is educational information, not investment advice. Rankings describe a single metric and are not recommendations. Figures update roughly every few hours.