Are Investors Undervaluing HITACHI CONSTR (HTCMY) Right Now?

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.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. 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 to watch right now is HITACHI CONSTR (HTCMY). HTCMY is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value. The stock holds a P/E ratio of 10.06, while its industry has an average P/E of 15.74. Over the last 12 months, HTCMY's Forward P/E has been as high as 10.09 and as low as 6.06, with a median of 8.41.Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. HTCMY has a P/S ratio of 0.6. This compares to its industry's average P/S of 0.62.Finally, investors will want to recognize that HTCMY has a P/CF ratio of 5.36. 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. HTCMY's current P/CF looks attractive when compared to its industry's average P/CF of 9.78. HTCMY's P/CF has been as high as 6.09 and as low as 4.15, with a median of 4.95, all within the past year.These figures are just a handful of the metrics value investors tend to look at, but they help show that HITACHI CONSTR is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, HTCMY feels like a great value stock at the moment.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report HITACHI CONSTR (HTCMY): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks