The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One company value investors might notice is Unique Fabricating . UFAB is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value. The stock is trading with a P/E ratio of 7.07, which compares to its industry's average of 9.30. Over the past year, UFAB's Forward P/E has been as high as 12.51 and as low as 6.89, with a median of 9.67.
Investors should also note that UFAB holds a PEG ratio of 0.47. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. UFAB's industry currently sports an average PEG of 0.85. 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 notable valuation metric for UFAB is its P/B ratio of 1.39. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This company's current P/B looks solid when compared to its industry's average P/B of 2.16. Over the past year, UFAB's P/B has been as high as 1.85 and as low as 1.35, with a median of 1.57.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. UFAB has a P/S ratio of 0.4. This compares to its industry's average P/S of 0.41.
Finally, investors should note that UFAB has a P/CF ratio of 5.61. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 6.03. Over the past year, UFAB's P/CF has been as high as 7.67 and as low as 5.46, with a median of 6.30.
These are only a few of the key metrics included in Unique Fabricating's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, UFAB looks like an impressive value stock at the moment.
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Is Unique Fabricating (UFAB) a Great Value Stock Right Now?
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One company value investors might notice is Unique Fabricating . UFAB is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value. The stock is trading with a P/E ratio of 7.07, which compares to its industry's average of 9.30. Over the past year, UFAB's Forward P/E has been as high as 12.51 and as low as 6.89, with a median of 9.67.
Investors should also note that UFAB holds a PEG ratio of 0.47. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. UFAB's industry currently sports an average PEG of 0.85. 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 notable valuation metric for UFAB is its P/B ratio of 1.39. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This company's current P/B looks solid when compared to its industry's average P/B of 2.16. Over the past year, UFAB's P/B has been as high as 1.85 and as low as 1.35, with a median of 1.57.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. UFAB has a P/S ratio of 0.4. This compares to its industry's average P/S of 0.41.
Finally, investors should note that UFAB has a P/CF ratio of 5.61. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 6.03. Over the past year, UFAB's P/CF has been as high as 7.67 and as low as 5.46, with a median of 6.30.
These are only a few of the key metrics included in Unique Fabricating's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, UFAB looks like an impressive value stock at the moment.