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SOLV or DHR: Which Is the Better Value Stock Right Now?

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Investors with an interest in Medical Services stocks have likely encountered both Solventum (SOLV - Free Report) and Danaher (DHR - Free Report) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.

There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits.

Solventum has a Zacks Rank of #2 (Buy), while Danaher has a Zacks Rank of #4 (Sell) right now. This means that SOLV's earnings estimate revision activity has been more impressive, so investors should feel comfortable with its improving analyst outlook. But this is only part of the picture for value investors.

Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.

Our Value category grades stocks based on a number of key metrics, including the tried-and-true P/E ratio, the P/S ratio, earnings yield, and cash flow per share, as well as a variety of other fundamentals that value investors frequently use.

SOLV currently has a forward P/E ratio of 11.90, while DHR has a forward P/E of 27.20. We also note that SOLV has a PEG ratio of 2.88. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. DHR currently has a PEG ratio of 3.22.

Another notable valuation metric for SOLV is its P/B ratio of 2.49. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, DHR has a P/B of 2.9.

These metrics, and several others, help SOLV earn a Value grade of B, while DHR has been given a Value grade of D.

SOLV stands above DHR thanks to its solid earnings outlook, and based on these valuation figures, we also feel that SOLV is the superior value option right now.


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