Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.

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 The Marcus (MCS Quick QuoteMCS - Free Report) . MCS is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A.

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 prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. MCS has a P/S ratio of 0.76. This compares to its industry's average P/S of 1.21.

Finally, we should also recognize that MCS has a P/CF ratio of 10.64. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 16.75. Within the past 12 months, MCS's P/CF has been as high as 10.72 and as low as 3.93, with a median of 7.09.

Value investors will likely look at more than just these metrics, but the above data helps show that The Marcus is likely undervalued currently. And when considering the strength of its earnings outlook, MCS sticks out at as one of the market's strongest value stocks.