Banco Bradesco holds a Zacks Rank #2 (Buy) and a Value grade of A, signaling it may be undervalued. The stock trades at a P/E of 7.33, well below the foreign bank industry average of 11.08, and its PEG ratio of 0.42 compares favorably to the industry's 0.67. BBD's price-to-book ratio of 1.15 is less than half the industry's 2.85, while its price-to-sales ratio of 0.8 and price-to-cash-flow ratio of 7.59 also sit far below industry averages of 2.22 and 18.20, respectively. Macro Bank, another foreign bank with a Zacks Rank #1 (Strong Buy) and Value grade of A, shows similarly attractive valuations, including a forward P/E of 5.21 and a PEG of 0.38.
Banco Bradesco SA ADRZacks Rank #2 (Buy) and Value Grade A indicate the stock is undervalued based on valuation metrics.
Banco Macro SA B ADR