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.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
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.
One company value investors might notice is Foundation Building Materials, Inc. . FBM is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A.
Investors should also recognize that FBM has a P/B ratio of 1.56. 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 1.83. Over the past 12 months, FBM's P/B has been as high as 1.85 and as low as 0.96, with a median of 1.43.
Finally, investors will want to recognize that FBM has a P/CF ratio of 7.87. 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. This stock's P/CF looks attractive against its industry's average P/CF of 12.99. Over the past 52 weeks, FBM's P/CF has been as high as 7.89 and as low as 2.53, with a median of 3.78.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Foundation Building Materials, Inc. Is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, FBM feels like a great value stock at the moment.
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Are Investors Undervaluing Foundation Building Materials, Inc. (FBM) 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.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
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.
One company value investors might notice is Foundation Building Materials, Inc. . FBM is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A.
Investors should also recognize that FBM has a P/B ratio of 1.56. 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 1.83. Over the past 12 months, FBM's P/B has been as high as 1.85 and as low as 0.96, with a median of 1.43.
Finally, investors will want to recognize that FBM has a P/CF ratio of 7.87. 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. This stock's P/CF looks attractive against its industry's average P/CF of 12.99. Over the past 52 weeks, FBM's P/CF has been as high as 7.89 and as low as 2.53, with a median of 3.78.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Foundation Building Materials, Inc. Is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, FBM feels like a great value stock at the moment.