THREE STOCKS WITH PE BELOW INDUSTRY AVERAGE AND ROCE / ROE OVER 20% TO KEEP ON YOUR RADAR

In fundamental terms, a lower PE as compared to industry average suggests that the stock is undervalued and has the potential to offer both value and growth opportunities. Moreover, a Return on Capital Employed (ROCE) and Return on Equity (ROE) of more than 20% each indicates strong fundamentals of the company. Below are 3 such companies that make them potential candidates for investors who seek a blend of value and growth opportunities:

- this is one of the world’s largest franchisees of PepsiCo, producing and distributing a wide range of beverages. It's product lineup includes iconic brands like Pepsi, 7Up, Mirinda, Mountain Dew, Tropicana juices, and packaged water. The stock is currently trading at a PE of 58.29, much below the industry average of 79.09. Further the company maintains a healthy ROCE of 24.85% and ROE of 22.49%. - this is a research-driven pharmaceutical company with a strong presence in niche therapeutic areas. The company operates across finished dosage formulations, active pharmaceutical ingredients (APIs), and contract manufacturing services. The stock is currently trading at a PE of 8.66, much below the industry average of 35.21. Further the company maintains a healthy ROCE of 32.80% and ROE of 27.98%. - the company is a leader in cloud communications, providing A2P (application-to-person) messaging services that help businesses connect with their customers. The company also plays a significant role in the digital communication and messaging space. The stock is currently trading at a PE of 17.10, much below the industry average of 45.62. Further the company maintains a healthy ROCE of 29.19% and ROE of 24.10%.