Yahoo Finance Are Investors Undervaluing Mitsui & Co. (MITSY) Right Now?
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 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.
Mitsui & Co. (MITSY) is a stock many investors are watching right now. MITSY is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock has a Forward P/E ratio of 6.71. This compares to its industry's average Forward P/E of 12.38. Over the past year, MITSY's Forward P/E has been as high as 7.47 and as low as 4.51, with a median of 5.86.
Another notable valuation metric for MITSY is its P/B ratio of 1.03. 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. MITSY's current P/B looks attractive when compared to its industry's average P/B of 1.68. Over the past 12 months, MITSY's P/B has been as high as 1.06 and as low as 0.69, with a median of 0.80.
Finally, investors will want to recognize that MITSY has a P/CF ratio of 4.31. 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. MITSY's P/CF compares to its industry's average P/CF of 9.53. Over the past year, MITSY's P/CF has been as high as 4.73 and as low as 2.97, with a median of 3.75.
These are just a handful of the figures considered in Mitsui & Co.'s great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that MITSY is an impressive value stock right now.
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Mitsui & Co. (MITSY) : Free Stock Analysis Report