Milwaukee-based heavy equipment maker Joy Global ( JOY) is another book value growth name. The firm has pushed its book value per share 32.1% higher over the course of the last year. Coupled with a modest dividend payout and a sub-10 P/E, Joy Global is a good way for investors to seek value growth, even if the stock has a few headwinds. >>5 Dividends in Peril Right Now The biggest headwind is the mining industry. Joy Global makes equipment like electric shovels and excavators used in surface and underground mines, so it's enjoyed a large-scale multi-year rally as a result of a similar climb in hard commodity prices. But the potential for slower growth and a pullback in commodity prices has some investors scared right now, scuttling JOY's share price. But central bank money printing is a big upside catalyst for commodity prices right now, and so is growth abroad. Emerging markets still hold a lot of hope for Joy Global in the next few years, particularly in China and India where Joy Global already has a presence. JOY's hefty cash generation should help to provide protection from any drops in demand for heavy equipment. And at the same time, that padding will help to hike the firm's book value per share, creating a fundamental backstop of sorts for investors. If you're looking for unique exposure to basic materials, you could do worse than this name. I also featured Joy Global recently in " 5 Dividend Stocks Ready to Give You a Raise."