ERIC vs. IDCC: Which Stock Is the Better Value Option?

Core Insights - Investors interested in Wireless Equipment stocks are evaluating Ericsson (ERIC) and InterDigital (IDCC) for potential undervaluation opportunities [1] Valuation Metrics - Both Ericsson and InterDigital currently hold a Zacks Rank of 2 (Buy), indicating positive earnings estimate revisions and an improving earnings outlook for both companies [3] - Key valuation metrics for ERIC include a forward P/E ratio of 14.52 and a PEG ratio of 1.72, while IDCC has a forward P/E of 28.17 and a PEG ratio of 1.88 [5] - ERIC's P/B ratio stands at 3.19, compared to IDCC's P/B of 9.28, suggesting that ERIC is more undervalued based on these metrics [6] - The Value grades for the two companies are B for ERIC and D for IDCC, indicating that ERIC is currently the superior value option [6]