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Thursday, August 18, 2011

Undervalued Stock Detected (NASDAQ: ASMI)

Shares of ASMI fell by 5.56% or $-1.35/share to $22.91. ASM International NV is trading at a price to book ratio of 1.7. The PEG is 0.58 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.58. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 82023 shares of ASMI exchange hands on a given day and today's volume is recorded at 20471. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

ASM International N.V. (ASMI), incorporated on March 4, 1968, is a semiconductor capital equipment supplier.