Yahoo Finance Is Vinci (VCISY) a Great Value Stock 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.
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 tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
Vinci (VCISY) is a stock many investors are watching right now. VCISY 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 12.26 right now. For comparison, its industry sports an average P/E of 19.85. Over the past 52 weeks, VCISY's Forward P/E has been as high as 14.18 and as low as 10.72, with a median of 12.74.
Investors should also recognize that VCISY has a P/B ratio of 2.08. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. This company's current P/B looks solid when compared to its industry's average P/B of 3.72. VCISY's P/B has been as high as 2.29 and as low as 1.83, with a median of 2.10, over the past year.
Value investors will likely look at more than just these metrics, but the above data helps show that Vinci is likely undervalued currently. And when considering the strength of its earnings outlook, VCISY sticks out at as one of the market's strongest value stocks.
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Vinci SA (VCISY) : Free Stock Analysis Report
