Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?
Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Stora Enso Oyj SEOAY.
Stora Enso in Focus
SEOAY may be an interesting play thanks to its forward PE of 11.44, its P/S ratio of 0.64, and its decent dividend yield of 3.3%. These factors suggest that Stora Ensois a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that SEOAY has decent revenue metrics to back up its earnings.
STORA ENSO -ADR PE Ratio (TTM)
STORA ENSO -ADR PE Ratio (TTM) | STORA ENSO -ADR Quote
But before you think that Stora Enso is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current year earnings, the consensus has gone up by 1.3% in the past 60 days, thanks to 1 upward revision in the past two months compared to none lower.
This estimate strength is actually enough to push SEOAY to a Zacks Rank #2 (Buy), suggesting it is poised to outperform. So really, Stora Ensois looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.
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STORA ENSO -ADR (SEOAY): Free Stock Analysis Report
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