Is Coca-Cola HBC (CCHGY) a Great Value Stock Right Now?

Core Viewpoint - The article emphasizes the importance of value investing and highlights Coca-Cola HBC (CCHGY) as a strong value stock based on its financial metrics and Zacks Rank [1][2][6]. Company Analysis - Coca-Cola HBC (CCHGY) has a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong potential as a value investment [4]. - The stock's Forward P/E ratio is 14.14, significantly lower than the industry average of 20.18, suggesting it may be undervalued [4]. - Over the past year, CCHGY's Forward P/E has fluctuated between a high of 15.02 and a low of 11.95, with a median of 13.77 [4]. - The P/B ratio for CCHGY is 3.93, which is favorable compared to the industry's average P/B of 9.27, indicating solid market value relative to book value [5]. - In the past 52 weeks, CCHGY's P/B has ranged from a high of 4.07 to a low of 2.83, with a median of 3.64 [5]. - Overall, CCHGY's strong earnings outlook and key financial metrics suggest it is likely undervalued at present [6].