Ford Motor Not A Compelling Value Despite The Recent Correction
- Ford Motor trades at 9x forward earnings after a 20%+ correction, despite a projected growth rate of more than 10%.
- However, Ford operates in a very competitive and economically sensitive industry.
- Although the shares yield an impressive 3.5%, the company's balance sheet appears risky.
- A DRAG analysis shows only minimal upside for Ford's shares given these risks and therefore investors would be wise to stay away from them despite the seemingly attractive multiple.