Is Societe Generale Group (SCGLY) a Great Value Stock Right Now?

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.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.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.One company value investors might notice is Societe Generale Group (SCGLY). SCGLY is currently sporting a Zacks Rank of #1 (Strong Buy), as well as an A grade for Value. The stock is trading with P/E ratio of 7.76 right now. For comparison, its industry sports an average P/E of 9.44. Over the past year, SCGLY's Forward P/E has been as high as 8.03 and as low as 4.01, with a median of 4.97.We also note that SCGLY holds a PEG ratio of 0.28. 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. SCGLY's industry has an average PEG of 0.75 right now. SCGLY's PEG has been as high as 0.29 and as low as 0.08, with a median of 0.10, all within the past year.Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. SCGLY has a P/S ratio of 1.51. This compares to its industry's average P/S of 1.54.Finally, our model also underscores that SCGLY has a P/CF ratio of 9.28. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. SCGLY's P/CF compares to its industry's average P/CF of 16.14. SCGLY's P/CF has been as high as 12.60 and as low as 5.77, with a median of 7.98, all within the past year.Value investors will likely look at more than just these metrics, but the above data helps show that Societe Generale Group is likely undervalued currently. And when considering the strength of its earnings outlook, SCGLY sticks out at as one of the market's strongest value stocks.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Societe Generale Group (SCGLY): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks