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Are Investors Undervaluing Cementos Pacasmayo (CPAC) Right Now?
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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.
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 fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
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.
Cementos Pacasmayo (CPAC - Free Report) is a stock many investors are watching right now. CPAC is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock has a Forward P/E ratio of 8.62. This compares to its industry's average Forward P/E of 17.55. Over the last 12 months, CPAC's Forward P/E has been as high as 10.50 and as low as 8.06, with a median of 9.14.
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 prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. CPAC has a P/S ratio of 0.86. This compares to its industry's average P/S of 2.09.
These are only a few of the key metrics included in Cementos Pacasmayo'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, CPAC looks like an impressive value stock at the moment.
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Are Investors Undervaluing Cementos Pacasmayo (CPAC) 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.
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 fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
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.
Cementos Pacasmayo (CPAC - Free Report) is a stock many investors are watching right now. CPAC is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock has a Forward P/E ratio of 8.62. This compares to its industry's average Forward P/E of 17.55. Over the last 12 months, CPAC's Forward P/E has been as high as 10.50 and as low as 8.06, with a median of 9.14.
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 prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. CPAC has a P/S ratio of 0.86. This compares to its industry's average P/S of 2.09.
These are only a few of the key metrics included in Cementos Pacasmayo'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, CPAC looks like an impressive value stock at the moment.