Is Ck Hutchison Holdings Ltd (CKHUY) Stock Undervalued Right Now?

CKHUY

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.

Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.

In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.

Ck Hutchison Holdings Ltd (CKHUY - Free Report) is a stock many investors are watching right now. CKHUY is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock holds a P/E ratio of 7.09, while its industry has an average P/E of 18.62. Over the last 12 months, CKHUY's Forward P/E has been as high as 8.90 and as low as 7.09, with a median of 7.80.

CKHUY is also sporting a PEG ratio of 0.89. 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. CKHUY's industry currently sports an average PEG of 2.36. Within the past year, CKHUY's PEG has been as high as 0.92 and as low as 0.64, with a median of 0.75.

Value investors will likely look at more than just these metrics, but the above data helps show that Ck Hutchison Holdings Ltd is likely undervalued currently. And when considering the strength of its earnings outlook, CKHUY sticks out at as one of the market's strongest value stocks.

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