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Is Marks and Spencer Group (MAKSY) Stock Undervalued Right Now?

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While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.

Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.

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.

One stock to keep an eye on is Marks and Spencer Group (MAKSY - Free Report) . MAKSY is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock is trading with P/E ratio of 12.09 right now. For comparison, its industry sports an average P/E of 25.75. Over the past year, MAKSY's Forward P/E has been as high as 15.50 and as low as 9.19, with a median of 11.72.

Another notable valuation metric for MAKSY is its P/B ratio of 2.31. The P/B ratio pits a stock's market value against 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 6.34. Over the past 12 months, MAKSY's P/B has been as high as 2.33 and as low as 1.43, with a median of 1.73.

These figures are just a handful of the metrics value investors tend to look at, but they help show that Marks and Spencer Group is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, MAKSY feels like a great value stock at the moment.


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