Is NOV (NOV) Stock Undervalued Right Now?

Core Insights - The article emphasizes the importance of value investing and the use of specific metrics to identify undervalued stocks [1] Group 1: Company Analysis - NOV (NOV) has a Zacks Rank of 2 (Buy) and an A for Value, indicating strong potential as a value stock [2] - NOV's PEG ratio is 0.51, significantly lower than the industry average of 1.12, suggesting it may be undervalued [2] - NOV's P/S ratio is 0.83, compared to the industry's average of 1.62, further indicating potential undervaluation [2] Group 2: Qifu Technology, Inc. Analysis - Qifu Technology, Inc. (QFIN) also holds a Zacks Rank of 2 (Buy) with a Value score of A, marking it as a strong value stock [3] - QFIN's Forward P/E ratio is 4.51, while its PEG ratio is 0.41, both significantly lower than the industry averages of 38.65 and 1.12 respectively [3] - QFIN's P/B ratio is 1.06, compared to the industry's price-to-book ratio of 9.54, indicating it may be undervalued [3] Group 3: Overall Value Assessment - Both NOV and QFIN exhibit strong value characteristics, suggesting they are likely undervalued in the current market [4]