We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. 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.
Eni (E - Free Report) is a stock many investors are watching right now. E is currently sporting a Zacks Rank #1 (Strong Buy), as well as an A grade for Value.
Investors should also recognize that E has a P/B ratio of 0.97. The P/B ratio pits a stock's market value against 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 2.08. Over the past year, 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 frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. E has a P/S ratio of 0.96. This compares to its industry's average P/S of 1.
Finally, investors will want to recognize that E has a P/CF ratio of 4.96. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 7.57. Within the past 12 months, E's P/CF has been as high as 5.13 and as low as 3.64, with a median of 4.30.
Investors could also keep in mind OMV (OMVKY - Free Report) , another Oil and Gas - Integrated - International stock with a Zacks Rank of #1 (Strong Buy) and Value grade of A.
Shares of OMV currently hold a Forward P/E ratio of 7.99, and its PEG ratio is 1.41. In comparison, its industry sports average P/E and PEG ratios of 10.30 and 0.82.
Over the past year, OMVKY's P/E has been as high as 8.69, as low as 5.63, with a median of 7.59; its PEG ratio has been as high as 1.53, as low as 0.75, with a median of 1.20 during the same time period.
OMV also has a P/B ratio of 0.67 compared to its industry's price-to-book ratio of 2.08. Over the past year, its P/B ratio has been as high as 0.73, as low as 0.47, with a median of 0.65.
These are just a handful of the figures considered in Eni and OMV's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that E and OMVKY is an impressive value stock right now.
View the Zacks #1 Rank List
Image: Bigstock
Are Investors Undervaluing Eni (E) Right Now?
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. 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.
Eni (E - Free Report) is a stock many investors are watching right now. E is currently sporting a Zacks Rank #1 (Strong Buy), as well as an A grade for Value.
Investors should also recognize that E has a P/B ratio of 0.97. The P/B ratio pits a stock's market value against 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 2.08. Over the past year, 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 frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. E has a P/S ratio of 0.96. This compares to its industry's average P/S of 1.
Finally, investors will want to recognize that E has a P/CF ratio of 4.96. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 7.57. Within the past 12 months, E's P/CF has been as high as 5.13 and as low as 3.64, with a median of 4.30.
Investors could also keep in mind OMV (OMVKY - Free Report) , another Oil and Gas - Integrated - International stock with a Zacks Rank of #1 (Strong Buy) and Value grade of A.
Shares of OMV currently hold a Forward P/E ratio of 7.99, and its PEG ratio is 1.41. In comparison, its industry sports average P/E and PEG ratios of 10.30 and 0.82.
Over the past year, OMVKY's P/E has been as high as 8.69, as low as 5.63, with a median of 7.59; its PEG ratio has been as high as 1.53, as low as 0.75, with a median of 1.20 during the same time period.
OMV also has a P/B ratio of 0.67 compared to its industry's price-to-book ratio of 2.08. Over the past year, its P/B ratio has been as high as 0.73, as low as 0.47, with a median of 0.65.
These are just a handful of the figures considered in Eni and OMV's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that E and OMVKY is an impressive value stock right now.