Is the Micro Focus International share price good value at 1739?

Micro Focus International (LON:MCRO) is a large cap in the Software & IT Services industry that is engaged in delivering and supporting software solutions. The Company’s portfolio includes identity access and security solutions, common business-oriented language (COBOL) development and mainframe solutions, development and IT operations management tools, host connectivity solutions, and collaboration and networking solutions.

Right now the Micro Focus International share price appears to represent solid value, as shown in the group's Value Rank of 67. Let's explore this in more detail:

Digging into Micro Focus International's Value Rank

Looking at Micro Focus International's StockReport, we can see that the group has a:

• Rolling price to book value of 1.09,
• Trailing twelve month price to earnings ratio of
• Trailing twelve month price to free cashflow of 6.32
• Rolling dividend yield of 4.56%
• Trailing twelve-month price to sales ratio of 2.35

This combination of financial traits suggests that, while Micro Focus International stock is not the cheapest, it is far from expensive at these levels and is worth considering - especially if it is exposed to other positive stock market factors as well.

What does this mean for potential investors?

Some of the best quality stocks in the market have defensible models that can deliver high levels of shareholder returns over the long term. But there are no guarantees and it's important to do your own research. Indeed, we've identified some areas of concern with Micro Focus International that you can find out about here.