Lloyds Banking Group PLC (LSE:LLOY) is the most popular value stock among its users, according to share trading platform Freetrade, followed by Legal & General, ASOS and Deliveroo.
Value stocks are generally those that sit bottom in at a range of investment yardsticks largely because revenue growth has ground to a halt.
Freetrade has bundled together a collection of household names based on what it says are typical value indicators - good cash flow, healthy dividend yield or low ratios of share price to earnings (PE ratio) and to tangible assets (discount to book or P/B).
The platform reiterates that these are not recommendations but just the most popular stocks that meet the value criteria.
Lloyds gets in for a price-to-book of 0.6 and PE ratio of 7.6, though profits for banks can be a moveable feast and many analysts use return on capital as a more accurate measure.
Others in the list include Royal Mail owner International Distribution Services PLC with a P/B ratio of 0.4, and a P/E ratio of 9.1, which reflect a grim year for the postie though Freetrade notes the share price has been showing signs of recover
The ‘value’ credentials of Deliveroo and ASOS, meanwhile, likely reflect historic numbers that are lagging well behind the share price.
Insurers Direct Line and Legal & General are traditionally valued on dividend yield (high) and discount to the asset value.
British Gas owner Centrica and retailer Marks & Spencer also both appear and unlike the rest are both seeing decent increases in sales currently - through energy prices rising and self-help measures respectively - though in M&S’s case, it looks to be at the expense of margins currently.
Shares in Lloyds rose 0.5% to 48.3p.