Possible value traps
Cheap on P/E but financially weak — stocks that look like bargains for a reason · 87 companies · from SEC filings.
Not every cheap stock is a bargain. These trade at a low P/E (12× or less) but score poorly on the Piotroski F-score (3 or below) — the classic “value trap” profile, where a low price reflects deteriorating fundamentals rather than a mispricing. Cheapest first. Treat this as a list of names to dig into carefully, not to buy on price alone — and compare against our quality-checked value stocks .
| Ticker | Company | Industry | Piotroski F | Altman Z″ | P/E |
|---|---|---|---|---|---|
| ENLV | Enlivex Ltd. | Pharmaceutical Preparations | 3/9 | 11.58 | 0.1 |
| SEAT | Vivid Seats Inc. | Services-Miscellaneous Amusement & Recreation | 3/9 | — | 0.1 |
| CHR | Cheer Holding, Inc. | Services-Computer Processing & Data Preparation | 3/9 | 19.96 | 0.2 |
| KYNB | KYNTRA BIO, INC. | Pharmaceutical Preparations | 3/9 | — | 0.2 |
| DFNS | T3 Defense Inc. | Services-Management Consulting Services | 3/9 | -4.49 | 0.2 |
| NIVF | NewGenIvf Group Ltd | Services-Misc Health & Allied Services, NEC | 3/9 | 3.84 | 0.6 |
| NKLR | Terra Innovatum Global N.V. | Fabricated Plate Work (Boiler Shops) | 3/9 | -14.92 | 1 |
| EHTH | eHealth, Inc. | Insurance Agents, Brokers & Service | 3/9 | 3.81 | 1.2 |
| TKLF | Tokyo Lifestyle Co., Ltd. | Retail-Retail Stores, NEC | 3/9 | 2.65 | 1.3 |
| HXHX | Haoxin Holdings Ltd | Trucking & Courier Services (No Air) | 2/9 | 7.07 | 1.4 |
| TRAW | Traws Pharma, Inc. | Pharmaceutical Preparations | 3/9 | — | 1.4 |
| EHLD | Euroholdings Ltd. | Deep Sea Foreign Transportation of Freight | 3/9 | 4.74 | 1.5 |
| LHSW | Lianhe Sowell International Group Ltd | Services-Prepackaged Software | 2/9 | 3 | 1.5 |
| BYND | BEYOND MEAT, INC. | Food and Kindred Products | 3/9 | -6.23 | 1.6 |
| KG | Kestrel Group Ltd | Fire, Marine & Casualty Insurance | 2/9 | — | 1.6 |
| ONIT | ONITY GROUP INC. | Mortgage Bankers & Loan Correspondents | 3/9 | — | 1.6 |
| MBAI | Check-Cap Ltd | X-Ray Apparatus & Tubes & Related Irradiation Apparatus | 2/9 | — | 1.8 |
| JTAI | Jet.AI Inc. | Air Transportation, Nonscheduled | 3/9 | -2.89 | 2.3 |
| YYAI | AIRWA INC. | Services-Computer Programming, Data Processing, Etc. | 2/9 | 9.4 | 2.4 |
| MASK | 3 E Network Technology Group Ltd | Services-Computer Programming Services | 3/9 | 6.95 | 3 |
| ORMP | ORAMED PHARMACEUTICALS INC. | Pharmaceutical Preparations | 2/9 | 7.8 | 3 |
| GAIN | GLADSTONE INVESTMENT CORPORATIONDE | 3/9 | — | 3.3 | |
| IMMR | IMMERSION CORP | Computer Peripheral Equipment, NEC | 2/9 | 4.08 | 3.6 |
| TPVG | TriplePoint Venture Growth BDC Corp. | 2/9 | — | 3.9 | |
| AREC | American Resources Corp | Silver Ores | 3/9 | -0.36 | 4 |
| JRVR | James River Group Holdings, Inc. | Fire, Marine & Casualty Insurance | 3/9 | — | 4.3 |
| CIM | CHIMERA INVESTMENT CORP | Real Estate Investment Trusts | 2/9 | — | 5 |
| MITN | TPG Mortgage Investment Trust, Inc. | Real Estate Investment Trusts | 3/9 | — | 5.3 |
| ANTA | Antalpha Platform Holding Co | Commodity Contracts Brokers & Dealers | 3/9 | 0.49 | 5.7 |
| GEG | Great Elm Group, Inc. | Services-Prepackaged Software | 2/9 | — | 5.9 |
| MSIF | MSC INCOME FUND, INC. | 3/9 | — | 5.9 | |
| LNC | LINCOLN NATIONAL CORP | Life Insurance | 2/9 | — | 6 |
| SSSS | SURO CAPITAL CORP. | 3/9 | — | 6.3 | |
| VEL | Velocity Financial, Inc. | Finance Services | 3/9 | — | 6.6 |
| OTF | Blue Owl Technology Finance Corp. | 3/9 | — | 6.7 | |
| SBC | SBC Medical Group Holdings Inc | Services-Offices & Clinics of Doctors of Medicine | 3/9 | 8.55 | 6.7 |
| LIEN | Chicago Atlantic BDC, Inc. | 2/9 | — | 6.9 | |
| VITL | Vital Farms, Inc. | Food and Kindred Products | 2/9 | 6.07 | 6.9 |
| NEWT | NewtekOne, Inc. | National Commercial Banks | 2/9 | — | 7 |
| DFH | Dream Finders Homes, Inc. | Operative Builders | 1/9 | — | 7.2 |
| PMT | PennyMac Mortgage Investment Trust | Real Estate Investment Trusts | 2/9 | — | 7.3 |
| SLRC | SLR Investment Corp. | 2/9 | — | 7.3 | |
| YSXT | YSX Tech Co., Ltd | Services-Automotive Repair, Services & Parking | 1/9 | 8.88 | 7.3 |
| AGNC | AGNC Investment Corp. | Real Estate Investment Trusts | 3/9 | — | 7.5 |
| GLAD | GLADSTONE CAPITAL CORP | 1/9 | — | 7.5 | |
| QTTB | Q32 Bio Inc. | Pharmaceutical Preparations | 3/9 | -2.11 | 7.5 |
| PETZ | TDH Holdings, Inc. | Real Estate Agents & Managers (For Others) | 3/9 | 5.86 | 7.5 |
| NPB | NORTHPOINTE BANCSHARES INC | State Commercial Banks | 3/9 | — | 7.8 |
| AXS | AXIS CAPITAL HOLDINGS LTD | Fire, Marine & Casualty Insurance | 3/9 | — | 7.9 |
| BCSF | Bain Capital Specialty Finance, Inc. | 2/9 | — | 8.1 | |
| LAD | LITHIA MOTORS INC | Retail-Auto Dealers & Gasoline Stations | 3/9 | 1.95 | 8.1 |
| ORGO | Organogenesis Holdings Inc. | Pharmaceutical Preparations | 3/9 | 5.27 | 8.4 |
| FPH | Five Point Holdings, LLC | Real Estate | 3/9 | — | 8.5 |
| OBDC | Blue Owl Capital Corp | 3/9 | — | 8.6 | |
| HCXY | Hercules Capital, Inc. | 2/9 | — | 8.6 | |
| GBDC | GOLUB CAPITAL BDC, Inc. | 2/9 | — | 8.7 | |
| PFSI | PennyMac Financial Services, Inc. | Mortgage Bankers & Loan Correspondents | 2/9 | — | 8.9 |
| SCM | Stellus Capital Investment Corp | 1/9 | — | 9 | |
| IGIC | International General Insurance Holdings Ltd. | Insurance Carriers, NEC | 3/9 | — | 9.1 |
| KBH | KB HOME | Operative Builders | 3/9 | — | 9.1 |
| DGICA | DONEGAL GROUP INC | Fire, Marine & Casualty Insurance | 3/9 | — | 9.2 |
| CHCI | Comstock Holding Companies, Inc. | Real Estate | 2/9 | 4.19 | 9.3 |
| MAIN | Main Street Capital CORP | 1/9 | — | 9.6 | |
| UNTY | UNITY BANCORP INC /NJ/ | State Commercial Banks | 3/9 | — | 9.6 |
| FOR | Forestar Group Inc. | Real Estate | 1/9 | — | 9.7 |
| KBDC | Kayne Anderson BDC, Inc. | 2/9 | — | 9.8 | |
| BXSL | Blackstone Secured Lending Fund | 1/9 | — | 9.9 | |
| AGM | FEDERAL AGRICULTURAL MORTGAGE CORP | Federal & Federally-Sponsored Credit Agencies | 3/9 | — | 9.9 |
| SAJ | SARATOGA INVESTMENT CORP. | 3/9 | — | 9.9 | |
| ARCC | ARES CAPITAL CORP | 1/9 | — | 10.1 | |
| FISI | FINANCIAL INSTITUTIONS INC | National Commercial Banks | 3/9 | — | 10.2 |
| SIMA | SIM Acquisition Corp. I | Blank Checks | 2/9 | -1.19 | 10.2 |
| TCBX | Third Coast Bancshares, Inc. | Savings Institutions, Not Federally Chartered | 3/9 | — | 10.2 |
| MHO | M/I HOMES, INC. | Operative Builders | 3/9 | — | 10.4 |
| MBIN | Merchants Bancorp | State Commercial Banks | 1/9 | — | 10.5 |
| CGBD | Carlyle Secured Lending, Inc. | 1/9 | — | 10.7 | |
| BSVN | Bank7 Corp. | State Commercial Banks | 3/9 | — | 11 |
| MBWM | MERCANTILE BANK CORP | State Commercial Banks | 2/9 | — | 11.1 |
| GOAI | Eva Live Inc | Services-Computer Programming, Data Processing, Etc. | 3/9 | 4.75 | 11.2 |
| PFIS | PEOPLES FINANCIAL SERVICES CORP. | National Commercial Banks | 3/9 | — | 11.3 |
| TROW | PRICE T ROWE GROUP INC | Investment Advice | 3/9 | — | 11.3 |
| TOL | Toll Brothers, Inc. | Operative Builders | 3/9 | — | 11.4 |
| AES | AES CORP | Cogeneration Services & Small Power Producers | 3/9 | — | 11.5 |
| RFAI | RF Acquisition Corp II | Blank Checks | 3/9 | -1.48 | 11.5 |
| FULT | FULTON FINANCIAL CORP | National Commercial Banks | 3/9 | — | 11.8 |
| OVLY | Oak Valley Bancorp | State Commercial Banks | 3/9 | — | 11.8 |
| PHM | PULTEGROUP INC/MI/ | Operative Builders | 3/9 | — | 11.8 |