Yahoo Finance Is Svenska Handelsbanken Ab Publ (SVNLY) Stock Undervalued 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 fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
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.
Svenska Handelsbanken Ab Publ (SVNLY) is a stock many investors are watching right now. SVNLY is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 6.72 right now. For comparison, its industry sports an average P/E of 7. Over the past 52 weeks, SVNLY's Forward P/E has been as high as 10.92 and as low as 6.72, with a median of 9.15.
Another valuation metric that we should highlight is SVNLY's P/B ratio of 0.85. 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. SVNLY's current P/B looks attractive when compared to its industry's average P/B of 1.34. Within the past 52 weeks, SVNLY's P/B has been as high as 1.16 and as low as 0.83, with a median of 0.95.
Finally, investors should note that SVNLY has a P/CF ratio of 6.41. 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 11.52. Over the past year, SVNLY's P/CF has been as high as 8.75 and as low as 6.31, with a median of 7.22.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Svenska Handelsbanken Ab Publ is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, SVNLY feels like a great value stock at the moment.
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Svenska Handelsbanken Ab Publ (SVNLY) : Free Stock Analysis Report
