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.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
H.I.S. Co., Ltd. (HISJF - Free Report) is a stock many investors are watching right now. HISJF is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value. The stock is trading with a P/E ratio of 15.59, which compares to its industry's average of 16.01. Over the past 52 weeks, HISJF's Forward P/E has been as high as 22.16 and as low as 15.59, with a median of 17.36.
Investors should also note that HISJF holds a PEG ratio of 1.04. 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. HISJF's PEG compares to its industry's average PEG of 1.33. Within the past year, HISJF's PEG has been as high as 1.30 and as low as 0.81, with a median of 0.93.
These are only a few of the key metrics included in H.I.S. Co., Ltd.'s strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, HISJF looks like an impressive value stock at the moment.