雅虎香港財經 Should Value Investors Buy Mistras Group (MG) Stock?
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
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.
One company value investors might notice is Mistras Group (MG). MG is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock holds a P/E ratio of 12.11, while its industry has an average P/E of 22.05. Over the past year, MG's Forward P/E has been as high as 14.12 and as low as 9.71, with a median of 11.18.
Another notable valuation metric for MG is its P/B ratio of 1.67. The P/B ratio is used to compare a stock's market value with 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 3.70. MG's P/B has been as high as 1.94 and as low as 0.79, with a median of 1.32, over the past year.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. MG has a P/S ratio of 0.46. This compares to its industry's average P/S of 0.96.
Finally, our model also underscores that MG has a P/CF ratio of 11.42. 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 12.44. Over the past 52 weeks, MG's P/CF has been as high as 17.67 and as low as 4.49, with a median of 11.63.
Value investors will likely look at more than just these metrics, but the above data helps show that Mistras Group is likely undervalued currently. And when considering the strength of its earnings outlook, MG sticks out at as one of the market's strongest value stocks.
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Mistras Group Inc (MG) : Free Stock Analysis Report
