NX vs. JHX: Which Stock Is the Better Value Option?

Core Insights - The article compares two stocks in the Building Products - Miscellaneous sector: Quanex Building Products (NX) and James Hardie (JHX) to determine which offers better value for investors [1] Valuation Metrics - NX has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while JHX has a Zacks Rank of 5 (Strong Sell) [3] - NX's forward P/E ratio is 7.52, significantly lower than JHX's forward P/E of 20.52 [5] - NX has a PEG ratio of 0.54, compared to JHX's PEG ratio of 1.78, suggesting NX is more undervalued relative to its expected earnings growth [5] - NX's P/B ratio is 0.9, while JHX's P/B ratio is 5.31, further indicating NX's superior valuation metrics [6] - Based on these metrics, NX has a Value grade of A, whereas JHX has a Value grade of D [6] Earnings Outlook - NX is noted for its improving earnings outlook, which enhances its attractiveness as a value investment [7]