Shares of Whole Foods (WFM) have not fared well so far this year. A string of disappointing earnings has sent the stock tumbling to a level not seen in years, and it seems investors are no longer in love with Whole Foods' growth story.

Despite the poor performance of the stock, Whole Foods valuation has fallen to a level that should get the attention of value investors. Click through the slideshow below to see why Whole Foods stock is cheaper than it appears.

The next billion-dollar iSecret
The world's biggest tech company forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early, in-the-know investors! To be one of them, just click here.