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INGM or AMPL: Which Is the Better Value Stock Right Now?

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Investors with an interest in Technology Services stocks have likely encountered both Ingram Micro (INGM - Free Report) and Amplitude, Inc. (AMPL - Free Report) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.

Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.

Ingram Micro has a Zacks Rank of #2 (Buy), while Amplitude, Inc. has a Zacks Rank of #3 (Hold) right now. Investors should feel comfortable knowing that INGM likely has seen a stronger improvement to its earnings outlook than AMPL has recently. 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 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.

INGM currently has a forward P/E ratio of 8.51, while AMPL has a forward P/E of 222.44. We also note that INGM has a PEG ratio of 0.70. 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. AMPL currently has a PEG ratio of 5.03.

Another notable valuation metric for INGM is its P/B ratio of 1.55. 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, AMPL has a P/B of 10.9.

These are just a few of the metrics contributing to INGM's Value grade of A and AMPL's Value grade of F.

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

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