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Warren Buffett Buys Precision Castparts. These Are 11 Dividend Alternatives From The Industry

Warren Buffett used his trigger to shoot a white elephant. He announced to buy Precision Castparts, a metal fabrication company with focus on the aero plane industry.

PCP is a huge investment for Warren Buffett.

Today I like to introduce some alternatives from the same industry. 18 public listed companies are located to the metal fabricaton industry but only 6 stocks have a market capitalization of more than 1 billion USD.

There is a huge conentration in the industry. PCP next competitor, Tenaris, has a 15 billion market cap, nealy half the value Warren Buffett paid for PCP.

However, here are the best dividend picks from the metal fabrication industry...

Tenaris -- Yield: 3.53%

Tenaris (NYSE:TS) employs 27,816 people, generates revenue of $10,337.96 million and has a net income of $1,181.18 million. The current market capitalization stands at $15.04 billion.

Tenaris’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $2,719.74 million. The EBITDA margin is 26.31% (the operating margin is 16.81% and the net profit margin 11.43%).

Financials: The total debt represents 6.05% of Tenaris assets and the total debt in relation to the equity amounts to 7.90%. Due to the financial situation, a return on equity of 9.29% was realized by Tenaris.

Twelve trailing months earnings per share reached a value of $1.68. Last fiscal year, Tenaris paid $1.80 in the form of dividends to shareholders.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 15.17, the P/S ratio is 1.45 and the P/B ratio is finally 1.19. The dividend yield amounts to 3.53%.

Stock Charts:

Long-Term Stock Price Chart of Tenaris (TS)
Long-Term Stock Price Chart of Tenaris (TS)
Long-Term Dividend Payment History of Tenaris (TS)
Long-Term Dividend Payment History of Tenaris (TS)
Long-Term Dividend Yield History of Tenaris (TS)
Long-Term Dividend Yield History of Tenaris (TS)

Allegheny Technology -- Yield: 3.44%

Allegheny Technology (NYSE:ATI) employs 9,700 people, generates revenue of $4,223.40 million and has a net income of $10.20 million. The current market capitalization stands at $2.29 billion.

Allegheny Technology’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $275.30 million. The EBITDA margin is 6.52% (the operating margin is 2.51% and the net profit margin 0.24%).

Financials: The total debt represents 23.20% of Allegheny Technology assets and the total debt in relation to the equity amounts to 58.76%. Due to the financial situation, a return on equity of -0.07% was realized by Allegheny Technology.

Twelve trailing months earnings per share reached a value of $0.13. Last fiscal year, Allegheny Technology paid $0.72 in the form of dividends to shareholders.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 166.93, the P/S ratio is 0.54 and the P/B ratio is finally 0.88. The dividend yield amounts to 3.44%.

Stock Charts:

Long-Term Stock Price Chart of Allegheny Technology (ATI)
Long-Term Stock Price Chart of Allegheny Technology (ATI)
Long-Term Dividend Payment History of Allegheny Technology (ATI)
Long-Term Dividend Payment History of Allegheny Technology (ATI)
Long-Term Dividend Yield History of Allegheny Technology (ATI)
Long-Term Dividend Yield History of Allegheny Technology (ATI)

Carpenter Technology -- Yield: 1.90%

Carpenter Technology (NYSE:CRS) employs 4,900 people, generates revenue of $2,173.00 million and has a net income of $132.80 million. The current market capitalization stands at $1.91 billion.

Carpenter Technology’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $317.50 million. The EBITDA margin is 14.61% (the operating margin is 9.76% and the net profit margin 6.11%).

Financials: The total debt represents 19.76% of Carpenter Technology assets and the total debt in relation to the equity amounts to 40.17%. Due to the financial situation, a return on equity of 9.43% was realized by Carpenter Technology.

Twelve trailing months earnings per share reached a value of $1.39. Last fiscal year, Carpenter Technology paid $0.72 in the form of dividends to shareholders.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 27.28, the P/S ratio is 0.88 and the P/B ratio is finally 1.34. The dividend yield amounts to 1.90%.

Stock Charts:

Long-Term Stock Price Chart of Carpenter Technology (CRS)
Long-Term Stock Price Chart of Carpenter Technology (CRS)
Long-Term Dividend Payment History of Carpenter Technology (CRS)
Long-Term Dividend Payment History of Carpenter Technology (CRS)
Long-Term Dividend Yield History of Carpenter Technology (CRS)
Long-Term Dividend Yield History of Carpenter Technology (CRS)

Valmont Industries -- Yield: 1.35%

Valmont Industries (NYSE:VMI) employs 11,321 people, generates revenue of $3,123.14 million and has a net income of $189.29 million. The current market capitalization stands at $2.59 billion.

Valmont Industries’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $449.52 million. The EBITDA margin is 14.39% (the operating margin is 11.45% and the net profit margin 6.06%).

Financials: The total debt represents 28.64% of Valmont Industries assets and the total debt in relation to the equity amounts to 65.05%. Due to the financial situation, a return on equity of 13.51% was realized by Valmont Industries.

Twelve trailing months earnings per share reached a value of $5.04. Last fiscal year, Valmont Industries paid $1.38 in the form of dividends to shareholders.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 22.10, the P/S ratio is 0.83 and the P/B ratio is finally 2.24. The dividend yield amounts to 1.35%.

Stock Charts:

Long-Term Stock Price Chart of Valmont Industries (VMI)
Long-Term Stock Price Chart of Valmont Industries (VMI)
Long-Term Dividend Payment History of Valmont Industries (VMI)
Long-Term Dividend Payment History of Valmont Industries (VMI)
Long-Term Dividend Yield History of Valmont Industries (VMI)
Long-Term Dividend Yield History of Valmont Industries (VMI)

Mueller Industries -- Yield: 0.95%

Mueller Industries (NYSE:MLI) employs 3,850 people, generates revenue of $2,364.23 million and has a net income of $102.53 million. The current market capitalization stands at $1.81 billion.

Mueller Industries’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $189.59 million. The EBITDA margin is 8.02% (the operating margin is 6.51% and the net profit margin 4.34%).

Financials: The total debt represents 18.18% of Mueller Industries assets and the total debt in relation to the equity amounts to 31.68%. Due to the financial situation, a return on equity of 13.86% was realized by Mueller Industries.

Twelve trailing months earnings per share reached a value of $1.71. Last fiscal year, Mueller Industries paid $0.30 in the form of dividends to shareholders.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 18.51, the P/S ratio is 0.76 and the P/B ratio is finally 2.37. The dividend yield amounts to 0.95%.

Stock Charts:

Long-Term Stock Price Chart of Mueller Industries (MLI)
Long-Term Stock Price Chart of Mueller Industries (MLI)
Long-Term Dividend Payment History of Mueller Industries (MLI)
Long-Term Dividend Payment History of Mueller Industries (MLI)
Long-Term Dividend Yield History of Mueller Industries (MLI)
Long-Term Dividend Yield History of Mueller Industries (MLI)