Why Asahi Kasei (AHKSY) Could Be a Top Value Stock Pick

AHKSY

Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?

Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Asahi Kasei Corporation (AHKSY - Free Report) .

Asahi Kasei in Focus

AHKSY may be an interesting play thanks to its forward PE of 14.3, its P/S ratio of 1, and its decent dividend yield of 1.6%. These factors suggest that Asahi Kasei is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that AHKSY has decent revenue metrics to back up its earnings.

Asahi Kasei Corp. PE Ratio (TTM)

This estimate strength is actually enough to push AHKSY to a Zacks Rank #1 (the complete list of today’s Zacks #1 Rank (Strong Buy), suggesting it is poised to outperform. You can see the complete list of today’s Zacks #1 Rank stocks here.

So really, Asahi Kasei is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.

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