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Are Investors Undervaluing Marks and Spencer Group (MAKSY) Right Now?

Zacks Equity Research
·2-min read

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

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.

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 to watch right now is Marks and Spencer Group (MAKSY). MAKSY 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 12.11. This compares to its industry's average Forward P/E of 24.26. Over the past 52 weeks, MAKSY's Forward P/E has been as high as 15.50 and as low as 9.19, with a median of 11.85.

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Investors should also recognize that MAKSY has a P/B ratio of 2.25. 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 attractive against its industry's average P/B of 5.76. Within the past 52 weeks, MAKSY's P/B has been as high as 2.27 and as low as 1.38, with a median of 1.69.

These are just a handful of the figures considered in Marks and Spencer Group'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 MAKSY is an impressive value stock right now.

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Marks and Spencer Group PLC (MAKSY) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research