Back to top

Image: Bigstock

Should Value Investors Buy Ageas (AGESY) Stock?

Read MoreHide Full Article

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, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.

Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.

One company to watch right now is Ageas (AGESY - Free Report) . AGESY 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 6.73, while its industry has an average P/E of 9.40. Over the past 52 weeks, AGESY's Forward P/E has been as high as 6.87 and as low as 4.85, with a median of 5.80.

We also note that AGESY holds a PEG ratio of 0.38. 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. AGESY's industry currently sports an average PEG of 0.63. Within the past year, AGESY's PEG has been as high as 0.43 and as low as 0.31, with a median of 0.36.

We should also highlight that AGESY has a P/B ratio of 0.99. 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 2.78. Over the past 12 months, AGESY's P/B has been as high as 1.10 and as low as 0.80, with a median of 0.92.

These are only a few of the key metrics included in Ageas'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, AGESY looks like an impressive value stock at the moment.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Ageas SA (AGESY) - free report >>

Published in