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Are Investors Undervaluing Bragg Gaming Group Inc. (BRAG) Right Now?

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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.

Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.

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 Bragg Gaming Group Inc. (BRAG - Free Report) . BRAG is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A.

Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. BRAG has a P/S ratio of 0.98. This compares to its industry's average P/S of 1.24.

Finally, we should also recognize that BRAG has a P/CF ratio of 8.87. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. BRAG's current P/CF looks attractive when compared to its industry's average P/CF of 28.31. Over the past 52 weeks, BRAG's P/CF has been as high as 19.01 and as low as 6.55, with a median of 14.

These are only a few of the key metrics included in Bragg Gaming Group Inc.'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, BRAG looks like an impressive value stock at the moment.


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