Strattec Security Posts 14.33 Forward P/E, 1.43 PEG for Value Grade A
Strattec Security holds a Zacks Rank of #1 with a forward P/E of 14.33, PEG ratio 1.43 and P/B 1.42, earning a Value grade of A versus Atmus Filtration’s forward P/E 22.86, PEG 2.82, P/B 13.8 and Value grade C. These metrics position Strattec as the superior undervalued option.
1. Zacks Rank and Value Grades
Strattec Security carries a Zacks Rank #1 (Strong Buy) and earns an A grade in the Style Scores Value category, while Atmus Filtration holds Zacks Rank #3 and a C grade.
2. Forward P/E and PEG Comparison
Strattec’s forward P/E ratio stands at 14.33 with a PEG of 1.43 against Atmus Filtration’s forward P/E of 22.86 and PEG of 2.82, reflecting Strattec’s stronger valuation relative to projected growth.
3. P/B Ratios Highlight Asset Valuation
Strattec posts a P/B ratio of 1.42, indicating market value closely aligned with book value, versus Atmus Filtration’s 13.8 P/B which suggests a high premium over net assets.
4. Investment Implications
These valuation metrics position Strattec as the more undervalued option in the automotive OEM sector, potentially appealing to investors seeking lower valuation multiples combined with strong earnings outlook.