Today I’m discussing five FTSE 250 (INDEXFTSE: MCX) stars offering unmissable value.

Package up a fortune

With business booming in Western and South-Eastern Europe — helped in no small part by bright acquisition activity and a commitment to innovation — I’m convinced box-builder DS Smith (LSE: SMDS) will be a lucrative investment for years to come.

City forecasts of a 14% earnings rise in the year to April 2017 results in a P/E rating of just 12.7 times, sailing below the benchmark of 15 times that indicates reasonable value. And the multiple slips to 11.6 times for 2018 thanks to a predicted 9% earnings rise.

Meanwhile, dividend yields of 3.6% and 3.8% for 2017 and 2018, respectively, both beat the big-cap forward average of 3.5%.

Support star

The essential and diversified nature of Mitie Group’s (LSE: MTO) products make it a great pick for defensively-minded investors, particularly given its proven track record of relationship-building with a broad range of blue chip customers.

The number crunchers have pencilled-in earnings growth of 1% and 5% for the periods to March 2017 and 2018, respectively, creating P/E ratings of just 10.9 times and 10.3 times.

And dividend yields of 4.6% for 2017 and 4.8% for 2018 should keep income chasers more than happy.

Drive away a bargain

Supported by a robust UK economy, I expect car sales at Inchcape (LSE: INCH) to keep heading higher well into the future. Indeed, latest Society of Motor Manufacturers and Traders data showed vehicle demand climbed 2.5% year-on-year in May, to 203,585 units.

Against this backdrop, the City expects Inchcape to keep its great growth story rolling with earnings rises of 6% in both 2016 and 2017, producing mega-low P/E readings of 12.1 times and 11.3 times.

And chunky dividend yields of 3.4% and 3.7% for this year and next seal the investment case, in my opinion.

Pub powerhouse

A steady stream of new pub openings continues to power revenues at Marston’s (LSE: MARS) through the roof. But this isn’t the only reason to be cheerful, as demand for the firm’s own-brewed ales like Hobgoblin Gold also continues to surge.

The drinking hole provider is predicted to enjoy earnings rises of 6% and 7% in the years to September 2016 and 2017. These numbers result in ultra-low P/E ratings of 10.8 times and 10 times.

And income-chasers should be impressed by market-mashing dividend yields of 5% and 5.2% for these periods.

Sit up and take notice

Sofa star DFS Furniture (LSE: DFS) is also in great shape to deliver stunning shareholder gains in the years ahead, I believe, helped by steady expansion in Europe and huge investment in its UK distribution network to support domestic sales growth.

The City expects the firm to deliver earnings growth of 3% in the year to July 2016, and a further 14% advance is anticipated for the following period. Consequently DFS sports P/E ratings of 12.7 times and 11.3 times for these years.

And dividend yields of 3.7% and 4.2% for 2016 and 2017 makes the furniture flogger a great pick for income investors too.

Make a Foolish fortune!

But DFS et al aren't the only top-tier dividend darlings currently available to income-hungry investors.

Indeed, The Motley Fool's 5 Dividend Stocks To Retire On wealth report reveals a selection of FTSE 100 stars that our analysts believe should continue to provide red-hot shareholder returns.

Click here to download the report. It's 100% free and will be delivered straight to your inbox!

Royston Wild has no position in any shares mentioned. The Motley Fool UK has recommended DS Smith. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.