
Core Insights - The article emphasizes the importance of value investing, highlighting the identification of undervalued companies as a key strategy for potential profits [2] - It introduces the Zacks Rank system and Style Scores to assist investors in finding high-quality value stocks [1][3] Company Analysis: Miller Industries (MLR) - Miller Industries has a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong potential as a value investment [4] - The stock's P/E ratio is 12.52, significantly lower than the industry average of 19.69, suggesting it may be undervalued [4] - MLR's Forward P/E has fluctuated between 7.41 and 13.67 over the past year, with a median of 11.54 [4] - The P/B ratio for MLR is 1.29, compared to the industry average of 3.42, indicating a favorable valuation [5] - MLR's P/S ratio stands at 0.45, lower than the industry's average of 0.58, reinforcing its undervaluation [6] Company Analysis: Strattec Security (STRT) - Strattec Security has a Zacks Rank of 1 (Strong Buy) and a Value grade of A, marking it as a strong candidate for value investors [7] - The Forward P/E ratio for STRT is 11.70, which is lower than the industry average of 19.69, suggesting it is undervalued [7] - STRT's PEG ratio is 1.17, also favorable compared to the industry average of 1.39 [7] - Over the past year, STRT's P/E has ranged from 8.54 to 26.50, with a median of 15.01, indicating volatility but potential for value [8] - The P/B ratio for STRT is 0.98, significantly lower than the industry average of 3.42, further supporting its value proposition [8] Conclusion - Both Miller Industries and Strattec Security exhibit strong value metrics, suggesting they are currently undervalued in the market [9]