← 18 Aug 2026 · All rebalances · 1 Oct 2026 →
Top 10 — Materials — 1 Sep 2026
The ten as they stood on 1 Sep 2026. Scores, pillars and reasons are the ones recorded that day; nothing here is recomputed. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100.
The Top 10 score is a published weighted sum of percentile ranks, rebalanced on the first trading day of each month. A list is a published formula and its output, not a recommendation. Method version 3.
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The ten
| # | Company | Why it was here | Sector | Score |
|---|---|---|---|---|
| 1 | AngloGold Ashanti (AU) | Profitability 93rd (operating margin 48.6%, return on equity 45.8%).Profitability 93rd (operating margin 48.6%, return on equity 45.8%) and growth 88th (3-year revenue CAGR 30%, revenue growth year over year 29.4%); weakest is valuation (59th, price to book 5.4, price to earnings 14.5). Scored on 5 of 6 pillars — it pays a dividend, but its filings carry no per-share series to count increases from; no annual share count in its filings. |
Materials | 78.8 |
| 2 | Newmont (NEM) | Profitability 87th (operating margin 51%, return on equity 25.1%).Profitability 87th (operating margin 51%, return on equity 25.1%) and financial health 86th (free cash flow margin 37.8%, debt to equity 0.2); weakest is capital return (47th, consecutive years of dividend increases 2 years). |
Materials | 75.7 |
| 5 | CF Industries (CF) | Profitability 90th (operating margin 41%, return on equity 40.4%).Profitability 90th (operating margin 41%, return on equity 40.4%) and capital return 80th (consecutive years of dividend increases 5 years); weakest is growth (39th, 3-year revenue CAGR -14.1%, revenue growth year over year 20%). |
Materials | 70.5 |
| 6 | Southern Copper (SCCO) | Profitability 95th (operating margin 56.9%, return on equity 49.3%).Profitability 95th (operating margin 56.9%, return on equity 49.3%) and trend 79th (over the past 12 months this stock beat the market by 91.7 percentage points); weakest is valuation (25th, price to book 13.3, price to earnings 29.6). |
Materials | 68.8 |
| 7 | Hecla Mining Co (HL) | Financial health 89th (free cash flow margin 32.2%, debt to equity 0).Financial health 89th (free cash flow margin 32.2%, debt to equity 0) and growth 89th (revenue growth year over year 51.2%, 3-year revenue CAGR 19.1%); weakest is valuation (30th, price to earnings 38.6, price to book 4.8). |
Materials | 68.6 |
| 8 | WARRIOR MET COAL INC (HCC) | Growth 91st (revenue growth year over year 37.5%).Growth 91st (revenue growth year over year 37.5%) and trend 86th (it is 4.5% below its highest point of the past year); weakest is capital return (40th, consecutive years of dividend increases 1 year). |
Materials | 65.9 |
| 9 | Royal Gold (RGLD) | Growth 82nd (3-year revenue CAGR 19.5%).Growth 82nd (3-year revenue CAGR 19.5%) and capital return 80th (consecutive years of dividend increases 5 years); weakest is financial health (43rd, free cash flow margin 0%, debt to equity 0.1). |
Materials | 65.0 |
| 10 | Sonoco (SON) | Valuation 89th (price to earnings 8.6, price to book 1.5).Valuation 89th (price to earnings 8.6, price to book 1.5) and capital return 80th (consecutive years of dividend increases 5 years); weakest is financial health (23rd, free cash flow margin 4.8%, debt to equity 1.2). |
Materials | 60.5 |
| 11 | UNITED STATES LIME AND MINERALS IN (USLM) | Financial health 87th (debt to equity 0, free cash flow margin 24.4%).Financial health 87th (debt to equity 0, free cash flow margin 24.4%) and profitability 82nd (operating margin 42.1%, return on equity 20.8%); weakest is trend (27th, a trend forming but not yet strong (ADX below 25)). |
Materials | 59.1 |
| 15 | Carpenter Technology Corporation (CRS) | Capital return 80th (consecutive years of dividend increases 5 years).Capital return 80th (consecutive years of dividend increases 5 years) and profitability 73rd (return on equity 24.4%, operating margin 20.8%); weakest is valuation (16th, price to book 10.5, price to earnings 49.8). |
Materials | 56.5 |
Entered on 1 Sep 2026
AngloGold Ashanti (AU) — Entered 1 Sep 2026: score 78.8, rank 1 (not compared with 18 Aug 2026 — those rows were scored under method version 1, this pass under 3, and the formula changed between them, so a score is only comparable within one version).
Left on 1 Sep 2026
COMMERCIAL METALS (CMC) — Left 1 Sep 2026: score 55.1, rank 16 (not compared with 18 Aug 2026 — those rows were scored under method version 1, this pass under 3, and the formula changed between them, so a score is only comparable within one version) (a member leaves above rank 15).
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Informational only — NOT financial advice.