These 5 Low P/E Stocks Have Earnings, Dividends & Little To No Debt

Used the Financial Visualization screener to identify 5 stocks with lower-than-the-market price-to-earnings ratios and with little to no debt on the books. Typically, a business unworried about making crushing debt payments has room to maneuver when conditions get tough. I included a screen for positive 5-year earnings and for some kind of dividend paid. The idea is to find a certain type of value stock that may have been ignored or avoided for some reason but which still might be worth at least looking at. These are not buy recommendations but might qualify as the basis for additional research into each company's financials and prospects. Here are 5 stocks that made it through the screening: Cohu trades on the NASDAQ with a price/earnings ratio of 12.7. The semiconductor equipment maker has a solidly positive 5-year earnings record, although this year's record is slightly off. Cohu has a tiny amount of long-term debt and the current ratio is a green 3.6. The dividend yield comes to 1.27%.Dick's Sporting Goods is New York Stock Exchange traded with a price/earnings ratio of 10.9 and almost no long-term or short-term debt. The earnings have been very good this year and the 5-year record is in the green. Dick's is paying a 2.53% dividend. The short float is unusually high at 24% -- someone doesn't like the stock but such a high level could provide fuel for buying if the shorts are ever forced to cover. Gentex is NASDAQ-traded and manufactures electronic high-tech parts for the automotive, aerospace and fire protection industries. Headquartered in Michigan, its price/earnings ratio is 12.4. Earnings this year have been very good and the 5-year earnings record is positive as well.