Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One company to watch right now is Unique Fabricating . UFAB is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock holds a P/E ratio of 7.56, while its industry has an average P/E of 10.48. Over the past 52 weeks, UFAB's Forward P/E has been as high as 12.51 and as low as 7.29, with a median of 9.75.
We also note that UFAB holds a PEG ratio of 0.47. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. UFAB's industry currently sports an average PEG of 0.99. Over the last 12 months, UFAB's PEG has been as high as 0.52 and as low as 0.41, with a median of 0.48.
Another valuation metric that we should highlight is UFAB's P/B ratio of 1.47. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 2.55. Within the past 52 weeks, UFAB's P/B has been as high as 1.85 and as low as 1.41, with a median of 1.58.
Finally, investors will want to recognize that UFAB has a P/CF ratio of 5.93. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. UFAB's current P/CF looks attractive when compared to its industry's average P/CF of 7.03. UFAB's P/CF has been as high as 7.67 and as low as 5.67, with a median of 6.37, all within the past year.
These are just a handful of the figures considered in Unique Fabricating's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that UFAB is an impressive value stock right now.
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Is Unique Fabricating (UFAB) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One company to watch right now is Unique Fabricating . UFAB is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock holds a P/E ratio of 7.56, while its industry has an average P/E of 10.48. Over the past 52 weeks, UFAB's Forward P/E has been as high as 12.51 and as low as 7.29, with a median of 9.75.
We also note that UFAB holds a PEG ratio of 0.47. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. UFAB's industry currently sports an average PEG of 0.99. Over the last 12 months, UFAB's PEG has been as high as 0.52 and as low as 0.41, with a median of 0.48.
Another valuation metric that we should highlight is UFAB's P/B ratio of 1.47. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 2.55. Within the past 52 weeks, UFAB's P/B has been as high as 1.85 and as low as 1.41, with a median of 1.58.
Finally, investors will want to recognize that UFAB has a P/CF ratio of 5.93. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. UFAB's current P/CF looks attractive when compared to its industry's average P/CF of 7.03. UFAB's P/CF has been as high as 7.67 and as low as 5.67, with a median of 6.37, all within the past year.
These are just a handful of the figures considered in Unique Fabricating's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that UFAB is an impressive value stock right now.