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HAYW or MAIR: Which Is the Better Value Stock Right Now?
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Investors with an interest in Electronics - Miscellaneous Products stocks have likely encountered both Hayward Holdings, Inc. (HAYW - Free Report) and Madison Air Solutions Corporation (MAIR - 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.
We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits.
Currently, both Hayward Holdings, Inc. and Madison Air Solutions Corporation are holding a Zacks Rank of #2 (Buy). Investors should feel comfortable knowing that both of these stocks have an improving earnings outlook since the Zacks Rank favors companies that have witnessed positive analyst estimate revisions. 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.
HAYW currently has a forward P/E ratio of 16.00, while MAIR has a forward P/E of 23.40. We also note that HAYW has a PEG ratio of 1.28. 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. MAIR currently has a PEG ratio of 1.31.
Another notable valuation metric for HAYW is its P/B ratio of 1.84. 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, MAIR has a P/B of 3.56.
These metrics, and several others, help HAYW earn a Value grade of B, while MAIR has been given a Value grade of C.
Both HAYW and MAIR are impressive stocks with solid earnings outlooks, but based on these valuation figures, we feel that HAYW is the superior value option right now.
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HAYW or MAIR: Which Is the Better Value Stock Right Now?
Investors with an interest in Electronics - Miscellaneous Products stocks have likely encountered both Hayward Holdings, Inc. (HAYW - Free Report) and Madison Air Solutions Corporation (MAIR - 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.
We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits.
Currently, both Hayward Holdings, Inc. and Madison Air Solutions Corporation are holding a Zacks Rank of #2 (Buy). Investors should feel comfortable knowing that both of these stocks have an improving earnings outlook since the Zacks Rank favors companies that have witnessed positive analyst estimate revisions. 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.
HAYW currently has a forward P/E ratio of 16.00, while MAIR has a forward P/E of 23.40. We also note that HAYW has a PEG ratio of 1.28. 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. MAIR currently has a PEG ratio of 1.31.
Another notable valuation metric for HAYW is its P/B ratio of 1.84. 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, MAIR has a P/B of 3.56.
These metrics, and several others, help HAYW earn a Value grade of B, while MAIR has been given a Value grade of C.
Both HAYW and MAIR are impressive stocks with solid earnings outlooks, but based on these valuation figures, we feel that HAYW is the superior value option right now.