While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.

Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.

On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.

One company to watch right now is Genworth Financial (GNW). GNW is currently sporting a Zacks Rank #2 (Buy), as well as a Value grade of A.

Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. GNW has a P/S ratio of 0.5. This compares to its industry's average P/S of 0.83.

Finally, investors will want to recognize that GNW has a P/CF ratio of 12.32. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. GNW's current P/CF looks attractive when compared to its industry's average P/CF of 20.41. Over the past year, GNW's P/CF has been as high as 17.53 and as low as 6.47, with a median of 10.08.

These figures are just a handful of the metrics value investors tend to look at, but they help show that Genworth Financial is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, GNW feels like a great value stock at the moment.

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Genworth Financial, Inc. (GNW): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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