Is Baker Hughes (BKR) Still Undervalued As LNG Work Builds?

Baker Hughes stock has delivered a 238.3% total return over the past five years, yet the current valuation checks still point to meaningful upside based on an intrinsic value estimate from a Discounted Cash Flow (DCF) model that sits well above the recent US$64.90 share price. At the same time, market based multiples suggest the stock is priced roughly in line with its fundamentals rather than at an extreme discount or premium. The 238.3% five year return signals that Baker Hughes has...