Is Alithya Group (ALYAF) a Great Value Stock Right Now?

Core Viewpoint - The article emphasizes the importance of value investing and highlights Alithya Group (ALYAF) as a strong candidate for value investors due to its favorable financial metrics and Zacks Rank [1][2][6] Company Summary - Alithya Group (ALYAF) currently holds a Zacks Rank 2 (Buy) and an A grade for Value, indicating strong potential for value investors [4] - The stock is trading at a P/E ratio of 8.27, significantly lower than the industry average of 23.99, suggesting it may be undervalued [4] - Over the past year, ALYAF's Forward P/E has fluctuated between a high of 19.25 and a low of 7.24, with a median of 9.88, indicating volatility in its valuation [4] - ALYAF has a PEG ratio of 0.59, which is lower than the industry average PEG of 1.19, further supporting the notion of undervaluation [5] - The PEG ratio for ALYAF has ranged from a high of 1.28 to a low of 0.46 over the past 52 weeks, with a median of 0.64, reflecting its earnings growth expectations [5] - Overall, the financial metrics suggest that Alithya Group is likely undervalued and presents a strong investment opportunity for value investors [6]