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NHYDY vs. AMBP: Which Stock Should Value Investors Buy Now?
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Investors looking for stocks in the Metal Products - Procurement and Fabrication sector might want to consider either Norsk Hydro ASA (NHYDY - Free Report) or Ardagh Metal Packaging S.A. (AMBP - Free Report) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.
We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.
Norsk Hydro ASA and Ardagh Metal Packaging S.A. are sporting Zacks Ranks of #2 (Buy) and #4 (Sell), respectively, right now. This system places an emphasis on companies that have seen positive earnings estimate revisions, so investors should feel comfortable knowing that NHYDY is likely seeing its earnings outlook improve to a greater extent. But this is only part of the picture for value investors.
Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels.
The Value category of the Style Scores system identifies undervalued companies by looking at a number of key metrics. These include the long-favored P/E ratio, P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that help us determine a company's fair value.
NHYDY currently has a forward P/E ratio of 9.60, while AMBP has a forward P/E of 20.91. We also note that NHYDY has a PEG ratio of 0.18. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. AMBP currently has a PEG ratio of 0.61.
Another notable valuation metric for NHYDY is its P/B ratio of 1.04. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, AMBP has a P/B of 75.42.
Based on these metrics and many more, NHYDY holds a Value grade of A, while AMBP has a Value grade of C.
NHYDY sticks out from AMBP in both our Zacks Rank and Style Scores models, so value investors will likely feel that NHYDY is the better option right now.
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NHYDY vs. AMBP: Which Stock Should Value Investors Buy Now?
Investors looking for stocks in the Metal Products - Procurement and Fabrication sector might want to consider either Norsk Hydro ASA (NHYDY - Free Report) or Ardagh Metal Packaging S.A. (AMBP - Free Report) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.
We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.
Norsk Hydro ASA and Ardagh Metal Packaging S.A. are sporting Zacks Ranks of #2 (Buy) and #4 (Sell), respectively, right now. This system places an emphasis on companies that have seen positive earnings estimate revisions, so investors should feel comfortable knowing that NHYDY is likely seeing its earnings outlook improve to a greater extent. But this is only part of the picture for value investors.
Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels.
The Value category of the Style Scores system identifies undervalued companies by looking at a number of key metrics. These include the long-favored P/E ratio, P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that help us determine a company's fair value.
NHYDY currently has a forward P/E ratio of 9.60, while AMBP has a forward P/E of 20.91. We also note that NHYDY has a PEG ratio of 0.18. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. AMBP currently has a PEG ratio of 0.61.
Another notable valuation metric for NHYDY is its P/B ratio of 1.04. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, AMBP has a P/B of 75.42.
Based on these metrics and many more, NHYDY holds a Value grade of A, while AMBP has a Value grade of C.
NHYDY sticks out from AMBP in both our Zacks Rank and Style Scores models, so value investors will likely feel that NHYDY is the better option right now.