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MFG vs. TD: Which Stock Is the Better Value Option?

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Investors interested in Banks - Foreign stocks are likely familiar with Mizuho (MFG - Free Report) and Toronto-Dominion Bank (TD - Free Report) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.

The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits.

Mizuho has a Zacks Rank of #2 (Buy), while Toronto-Dominion Bank has a Zacks Rank of #4 (Sell) right now. This system places an emphasis on companies that have seen positive earnings estimate revisions, so investors should feel comfortable knowing that MFG is likely seeing its earnings outlook improve to a greater extent. But this is just one piece of the puzzle for value investors.

Value investors are also interested in a number of tried-and-true valuation metrics that help show when a company is undervalued at its current share price levels.

Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.

MFG currently has a forward P/E ratio of 9.71, while TD has a forward P/E of 11.85. We also note that MFG has a PEG ratio of 0.54. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. TD currently has a PEG ratio of 1.61.

Another notable valuation metric for MFG is its P/B ratio of 0.91. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, TD has a P/B of 1.47.

These are just a few of the metrics contributing to MFG's Value grade of B and TD's Value grade of D.

MFG sticks out from TD in both our Zacks Rank and Style Scores models, so value investors will likely feel that MFG is the better option right now.


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Toronto Dominion Bank (The) (TD) - free report >>

Mizuho Financial Group, Inc. (MFG) - free report >>

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