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Is Ntt Data Corporation (NTDTY) a Great Value Stock Right Now?

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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.

Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. 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.

One company value investors might notice is Ntt Data Corporation (NTDTY - Free Report) . NTDTY is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock is trading with a P/E ratio of 19.87, which compares to its industry's average of 45.49. NTDTY's Forward P/E has been as high as 23.01 and as low as 16.10, with a median of 18.60, all within the past year.

We should also highlight that NTDTY has a P/B ratio of 2.11. 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 attractive against its industry's average P/B of 4.47. NTDTY's P/B has been as high as 2.41 and as low as 1.71, with a median of 1.99, over the past year.

Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. NTDTY has a P/S ratio of 0.94. This compares to its industry's average P/S of 2.22.

These are only a few of the key metrics included in Ntt Data Corporation'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, NTDTY looks like an impressive value stock at the moment.


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