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Wednesday, June 29, 2011

Excellent Stock Value (NYSE: TX)

Shares of TX traded higher by 0.41% or $0.12/share to $29.47. Ternium S.A. is trading at a price to book ratio of 0.97. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.08 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.74. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 546938 shares of TX exchange hands on a given day and today's volume is recorded at 123380. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Ternium SA is a steel company in Latin America that manufactures and processes flat and long steel products for the construction, home appliances, capital goods, container, food, energy and automotive industries.