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Should Value Investors Buy Mitsubishi (MSBHF) Stock?

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While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.

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 rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.

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.

Mitsubishi (MSBHF - Free Report) is a stock many investors are watching right now. MSBHF is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock is trading with a P/E ratio of 15.96, which compares to its industry's average of 16.61. Over the last 12 months, MSBHF's Forward P/E has been as high as 15.96 and as low as 10.10, with a median of 12.49.

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. MSBHF has a P/S ratio of 0.66. This compares to its industry's average P/S of 1.23.

Finally, we should also recognize that MSBHF has a P/CF ratio of 8.23. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. MSBHF's P/CF compares to its industry's average P/CF of 15.94. Within the past 12 months, MSBHF's P/CF has been as high as 9.23 and as low as 5.72, with a median of 7.36.

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


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