Yahoo Finance Is Orion Engineered Carbons (OEC) Stock Undervalued Right Now?
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
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.
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.
One company value investors might notice is Orion Engineered Carbons (OEC). OEC is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock has a Forward P/E ratio of 9.96. This compares to its industry's average Forward P/E of 16.01. Over the past 52 weeks, OEC's Forward P/E has been as high as 9.96 and as low as 5.24, with a median of 7.21.
Finally, our model also underscores that OEC has a P/CF ratio of 6.82. 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. OEC's P/CF compares to its industry's average P/CF of 9.10. OEC's P/CF has been as high as 6.82 and as low as 3.37, with a median of 4.84, all within the past year.
These are just a handful of the figures considered in Orion Engineered Carbons'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 OEC is an impressive value stock right now.
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Orion Engineered Carbons S.A (OEC) : Free Stock Analysis Report
