In current times, it is important to keep undervalued stocks as part of your analysis for potential investment.  These undervalued stocks are not always obscure companies and many you know intimately:  General Mills, Republic Service or O’Reilly Auto Parts.
These companies are flying under the radar when their current stock selling price is below their intrinsic value.  Despite the uncertainty of the current market, who is not buying groceries, think Betty Crocker, Progresso or Yoplait?  Who does not put their garbage on the curb and not expect it to be taken away?  Who does not consider asking their family mechanic to change their oil and replace the filter bought from the local auto parts store if it saves a trip to Jiffy Lube?  Sure, you can consider the low P/E (low price-to-earning ratio), analyze the current price-to-book ratio to determine if you want to verify if anything viable would survive obliteration of the company completely. You could use price/cash flow as part of your variables to get that crystal ball to clarify whether you should or should not consider purchasing a stock as a value investor willing to commit to a long term investment assuming a potential windfall may be in your future.
Forget those EBITDA multiples that are used to project potential returns for those cellular companies that require big infrastructures and mature so slowly that the next flavor of the month can always catch them with the right marketing.  In today’s economy of one you only need to look in your own pantry, inventory your current waste needs and do the math in regards to your decisions regarding your car repairs versus your own immediate cash flow.  Look for those undervalued stocks for companies that deal with the necessities: food, trash and transportation.  No need for P/E, P/B, price/cash flow or EBITDA multiples when your bottom-line is your wallet and what companies you would take that hard earned dollar and make a basic necessity purchase regardless of what the stock market has valued as their potential, it is what you value as their existence to your economy of one.