The idea behind value investing is to buy assets for less than they are worth. The larger the discrepancy between price and value, the bigger the margin of safety.

Value investing is simple to understand, but not easy to practice. Stocks trading at a discount to their assets usually do so for a reason. They tend to be out of favor and surrounded by negative sentiment.

The combination of low valuations and high (and growing) yields could produce strong returns. The following 3 value stocks have attractive yields and the potential for high total returns in the years ahead.

Quaker Houghton (KWR)

Quaker Chemical Corporation, which operates as Quaker Houghton, was founded in 1918 as Quaker Oil Products Corporation. 

The company develops, produces, and markets a broad range of formulated chemical specialty products and offers chemical management services for various heavy industrial and manufacturing applications worldwide. 

The company’s business is divided into four segments, namely the Americas, Europe, Middle East and Africa, Asia/Pacific, and Global Specialty Businesses. 

With over 35 locations in 21 countries, Quaker Houghton has a global presence and generates more than 50% of net sales outside the United States. 

On July 31st, 2025, the company announced results for the second quarter of 2025. KWR reported Q2 non-GAAP EPS of $1.71, missing market estimates by $0.12. 

Quaker Houghton posted Q2 2025 net sales of $483.4 million, up 4% year-over-year, driven by 2% organic volume growth and strong new business wins, particularly in Asia/Pacific, which delivered 8% organic growth.

Acquisitions added approximately 6% to sales, offsetting a 4% decline in selling price and product mix. Despite revenue gains, the company reported a net loss of $66.6 million, or $3.78 per diluted share, versus net income of $34.9 million a year earlier, primarily due to an $88.8 million non-cash goodwill impairment in its EMEA segment. 

On a non-GAAP basis, net income was $30 million, with adjusted EBITDA of $75.5 million and a 15.6% margin.

KWR repurchased $32.7 million in shares during the quarter and increased its quarterly dividend by 5%. KWR has increased its dividend for 19 consecutive years. 

Constellation Brands (STZ)

Constellation Brands was founded in 1945. The company produces and distributes alcoholic beverages including beer, wine, and spirits. It is the third largest beer company in the U.S., and imports and sells beer brands such as Corona, Modelo Especial (the #1 Beer in U.S.), Modelo Negra, and Pacifico.

In addition, Constellation has many wine brands including Robert Mondavi and Kim Crawford, as well as spirits brands including Casa Noble Tequila, and High West Whiskey. The company also has a stake in cannabis company Canopy Growth.

In June 2025, Constellation completed its divestiture of some of its wine and spirits brands to The Wine Group. The brands divested include Woodbridge, Meiomi, Robert Mondavi Private Selection, Cook’s, SIMI, and J. Roget sparkling wine, as well as its inventory, facilities, and vineyards. Constellation retained its high-end wine and spirits brands.

On July 1st, 2025, Constellation Brands reported first quarter fiscal 2026 results for the period ending May 31, 2025. For the quarter, the company recorded $2.52 billion in net sales, down 6% compared to the same prior year period. Beer sales fell 2% year-over-year, while wine and spirits sales plunged 28%.

Comparable earnings-per-share equaled $3.22 for the quarter, which was 10% lower compared to Q1 2025, and $0.07 behind analyst estimates.

In the first quarter, Constellation Brands repurchased $306 million of its shares and paid $182 million in dividends.

STZ has increased its dividend for 10 consecutive years.

Sonoco Products (SON)

Sonoco Products provides packaging, industrial products and supply chain services to its customers. The markets that use the company’s products include those in the appliances, electronics, beverage, construction and food industries.

The company generates over $5 billion in annual sales. Sonoco Products is now composed of 2 major segments, Consumer Packaging, and Industrial Packaging, with all other businesses listed as “All Other”.

On April 16th, 2025, Sonoco Products raised its quarterly dividend 1.9% to $0.53, extending the company’s dividend growth streak to 49 consecutive years.

On July 23rd, 2025, Sonoco Products announced second quarter results for the period ending June 29th, 2025. For the quarter, revenue grew 17.9% to $1.91 billion, which was in-line with estimates. Adjusted earnings-per-share of $1.37 compared to $1.28 in the prior year, but was $0.08 less than expected.

Revenues and earnings benefited from the addition of Eviosys. For the quarter, Consumer Packaging revenues surged 110% to $1.23 billion, mostly due to contributions from Eviosys.

Volume growth was strong and favorable currency exchange rates also aided results. Industrial Paper Packing sales fell 2% to $588 million due to the impact of foreign currency exchange rates and lower volume following two plant divestitures in China last year.

SON has increased its dividend for 49 consecutive years and currently yields 4.5%.