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Is Eni (E) Stock Undervalued 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, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.

In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.

One stock to keep an eye on is Eni (E - Free Report) . E is currently sporting a Zacks Rank #1 (Strong Buy) and an A for Value. The stock is trading with P/E ratio of 10.33 right now. For comparison, its industry sports an average P/E of 15.25. Over the last 12 months, E's Forward P/E has been as high as 10.97 and as low as 6.79, with a median of 8.05.

We should also highlight that E has a P/B ratio of 0.97. 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. This stock's P/B looks solid versus its industry's average P/B of 2.32. Over the past 12 months, E's P/B has been as high as 1.00 and as low as 0.70, with a median of 0.85.

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. E has a P/S ratio of 1.01. This compares to its industry's average P/S of 1.06.

Finally, investors will want to recognize that E has a P/CF ratio of 4.96. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. E's current P/CF looks attractive when compared to its industry's average P/CF of 9.80. Over the past 52 weeks, E's P/CF has been as high as 5.13 and as low as 3.64, with a median of 4.30.

Vista Energy, S.A.B. de C.V. - Sponsored ADR (VIST - Free Report) may be another strong Oil and Gas - Integrated - International stock to add to your shortlist. VIST is a Zacks Rank of #1 (Strong Buy) stock with a Value grade of A.

Vista Energy, S.A.B. de C.V. - Sponsored ADR is currently trading with a Forward P/E ratio of 5.57 while its PEG ratio sits at 1.52. Both of the company's metrics compare favorably to its industry's average P/E of 15.25 and average PEG ratio of 0.77.

VIST's price-to-earnings ratio has been as high as 9.23 and as low as 5.14, with a median of 7.04, while its PEG ratio has been as high as 1.56 and as low as 0.29, with a median of 0.69, all within the past year.

Additionally, Vista Energy, S.A.B. de C.V. - Sponsored ADR has a P/B ratio of 1.51 while its industry's price-to-book ratio sits at 2.32. For VIST, this valuation metric has been as high as 3.66, as low as 1.51, with a median of 2.91 over the past year.

These are only a few of the key metrics included in Eni and Vista Energy, S.A.B. de C.V. - Sponsored ADR strong Value grade, but they help show that the stocks are likely undervalued right now. When factoring in the strength of its earnings outlook, E and VIST look like an impressive value stock at the moment.

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