Is FS Bancorp (FSBW) a Great Value Stock Right Now?

Core Viewpoint - The article emphasizes the importance of value investing and highlights FS Bancorp (FSBW) as a strong candidate for value investors due to its favorable valuation metrics and earnings outlook [2][8]. Valuation Metrics - FSBW has a P/E ratio of 9.51, which is lower than the industry average of 10.84, indicating potential undervaluation [4]. - The P/B ratio for FSBW is 1.08, compared to the industry average of 1.34, suggesting solid valuation relative to book value [5]. - FSBW's P/S ratio stands at 1.51, significantly lower than the industry's average of 2.35, reinforcing its attractiveness as a value stock [6]. - The P/CF ratio for FSBW is 7.25, which is appealing compared to the industry average of 10.97, indicating a strong cash flow outlook [7]. Investment Outlook - Given the combination of favorable valuation metrics and a strong earnings outlook, FS Bancorp is positioned as a compelling value stock at the current time [8].