Chase Corporation (AMEX:CCF) has Magic Formula Rank of 3346. Developed by hedge fund manager Joel Greenblatt, the intention of the formula is to spot high quality companies that are trading at a price attractive to investors. The formula combines ROIC and earnings yield ratios to find solid, undervalued stocks. In general, companies with the lowest combined rank may be the higher quality picks.
There are plenty of different types of stocks that investors have to choose from. Some will opt to be more aggressive with their portfolios while others will choose to play it a bit safer. Blue chip stocks include companies that typically have a high market cap and have been profitable over a long period of time. Growth stocks are typically expected to have a high P/E ratio and a low dividend yield. The idea is that a growth stock will continue to expand and grow into the future. Many investors will be searching for value stocks. Value stocks are typically cyclical in nature and investors may be looking to buy and hold these types rather than try to squeeze out some short-term profits.
Checking in on some valuation rankings, Chase Corporation (AMEX:CCF) has a Value Composite score of 55. Developed by James O’Shaughnessy, the VC score uses five valuation ratios. These ratios are price to earnings, price to cash flow, EBITDA to EV, price to book value, and price to sales. The VC is displayed as a number between 1 and 100. In general, a company with a score closer to 0 would be seen as undervalued, and a score closer to 100 would indicate an overvalued company. Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is currently sitting at 52.
Chase Corporation (AMEX:CCF) has a Price to Book ratio of 3.924946. This ratio is calculated by dividing the current share price by the book value per share. Investors may use Price to Book to display how the market portrays the value of a stock. Checking in on some other ratios, the company has a Price to Cash Flow ratio of 23.124075, and a current Price to Earnings ratio of 26.089594. The P/E ratio is one of the most common ratios used for figuring out whether a company is overvalued or undervalued.
Shifting gears, we can see that Chase Corporation (AMEX:CCF) has a Q.i. Value of 32.00000. The Q.i. Value ranks companies using four …read more
Source:: Daily Times