Is B2Gold (BTG) a Great Value Stock Right Now?

BTG

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.

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.

One company value investors might notice is B2Gold (BTG - Free Report) . BTG is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock has a Forward P/E ratio of 13.97. This compares to its industry's average Forward P/E of 27.83. Over the last 12 months, BTG's Forward P/E has been as high as 18.06 and as low as 9.04, with a median of 11.75.

Finally, we should also recognize that BTG has a P/CF ratio of 8.09. 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. BTG's P/CF compares to its industry's average P/CF of 31.01. Within the past 12 months, BTG's P/CF has been as high as 8.98 and as low as 5.24, with a median of 6.86.

These are just a handful of the figures considered in B2Gold'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 BTG is an impressive value stock right now.

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