Why Nippon Telegraph and Telephone (NTT) Could Be a Top Value Stock Pick

Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?

Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Nippon Telegraph and Telephone Corporation NTT.

Nippon Telegraph and Telephone (NTT) in Focus

NTT may be an interesting play thanks to its forward PE of 12.28, its P/S ratio of 0.96, and its decent dividend yield of 1.9%. These factors suggest that Nippon Telegraph and Telephone is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that NTT has decent revenue metrics to back up its earnings.

NIPPON TELE-ADR PE Ratio (TTM)

NIPPON TELE-ADR PE Ratio (TTM) | NIPPON TELE-ADR Quote

But before you think that Nippon Telegraph and Telephone is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current year earnings, the consensus has gone up by 7% in the past 30 days, thanks to 1 upward revision in the past one compared to none lower.

This estimate strength is actually enough to push NTT to a Zacks Rank #1 (Strong Buy), suggesting it is poised to outperform. So really, Nippon Telegraph and Telephone is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.

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NIPPON TELE-ADR (NTT): Free Stock Analysis Report
 
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