We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
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.
Is Internet Initiative Japan (IIJIY) a Great Value Stock Right Now?
Read MoreHide Full Article
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.
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.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One stock to keep an eye on is Internet Initiative Japan (IIJIY - Free Report) . IIJIY 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 24.15, which compares to its industry's average of 31.83. Over the last 12 months, IIJIY's Forward P/E has been as high as 24.15 and as low as 17.56, with a median of 20.16.
Investors should also note that IIJIY holds a PEG ratio of 1.60. 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. IIJIY's industry has an average PEG of 1.76 right now. Over the last 12 months, IIJIY's PEG has been as high as 1.69 and as low as 1.30, with a median of 1.56.
Another notable valuation metric for IIJIY is its P/B ratio of 1.80. Investors use the P/B ratio to look at a stock's market value versus 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 5.35. IIJIY's P/B has been as high as 1.80 and as low as 1.17, with a median of 1.41, over the past year.
Value investors will likely look at more than just these metrics, but the above data helps show that Internet Initiative Japan is likely undervalued currently. And when considering the strength of its earnings outlook, IIJIY sticks out at as one of the market's strongest value stocks.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Internet Initiative Japan (IIJIY) a Great Value Stock 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.
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.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One stock to keep an eye on is Internet Initiative Japan (IIJIY - Free Report) . IIJIY 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 24.15, which compares to its industry's average of 31.83. Over the last 12 months, IIJIY's Forward P/E has been as high as 24.15 and as low as 17.56, with a median of 20.16.
Investors should also note that IIJIY holds a PEG ratio of 1.60. 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. IIJIY's industry has an average PEG of 1.76 right now. Over the last 12 months, IIJIY's PEG has been as high as 1.69 and as low as 1.30, with a median of 1.56.
Another notable valuation metric for IIJIY is its P/B ratio of 1.80. Investors use the P/B ratio to look at a stock's market value versus 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 5.35. IIJIY's P/B has been as high as 1.80 and as low as 1.17, with a median of 1.41, over the past year.
Value investors will likely look at more than just these metrics, but the above data helps show that Internet Initiative Japan is likely undervalued currently. And when considering the strength of its earnings outlook, IIJIY sticks out at as one of the market's strongest value stocks.