Value stocks: How many types exist?

Honda Motor (HMC) is a global manufacturer and distributor of vehicles, lawnmowers, power generators, and outboard engines. The firm could go unnoticed by some investors since its car portfolio isn't as extensive as competitors'. For example, Honda does not sell a full-sized truck or a large SUV. Therefore, should customer tastes continue to shift in favor of those bigger vehicles, Honda might lose market share.

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But the maker also has other qualities that might be useful later on. One is Honda's excellent reputation, especially when it comes to fuel-efficient cars. The executive team is adept at planning. To save costs, the corporation is now implementing a cost-cutting strategy. Furthermore, Honda wants all of its cars in North America to be electrified by 2040.


Regarding the stock, Honda's P/E ratio was at 8.57 as of May 2023.
This is significantly lower than those of competitors like Toyota, which as of May 5, 2023, had a P/E ratio of 10.14. Honda also has a higher dividend yield. Honda's dividend yield was at 2.87% as of May 2023.









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