Global Undervalued Stocks Based On Cash Flows

Pandora

Market Cap: DKK 62.8b

Engages in the designing, manufacturing, and marketing of jewelry products.

Kitron

Market Cap: NOK 12.2b

Operates as an electronics manufacturing services provider in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, China, Malaysia, and the United States.

Horizon Bancorp

Market Cap: US$786.3m

Operates as the bank holding company for Horizon Bank that engages in the provision of commercial and retail banking services.

Neogen Chemicals

Market Cap: ₹42.8b

Engages in the manufacture and sale of specialty chemicals in India.

Harmony Gold Mining

Market Cap: R217.3b

Engages in the exploration, extraction, and processing of mineral properties in South Africa, Papua New Guinea, and Australasia.

Atea

Market Cap: NOK 15.9b

Provides IT infrastructure and related solutions for businesses and public sector organizations in the Nordic countries and Baltic regions.

Lotes

Market Cap: NT$160.1b

Designs, manufactures, and sells electronic interconnect and hardware components in Taiwan, Mainland China, and internationally.

Aecc Aero Science and TechnologyLtd

Market Cap: CN¥9.0b

Engages in the research, development, manufacture, sale, and service of aircraft engines and gas turbine parts in China, rest of Asia, the United States, and Europe.

High Quality Food

Market Cap: €7.2m

Engages in the production, transformation, and distribution of food products in Italy and internationally.

Gooch & Housego

Market Cap: UK£146.3m

Engages in the manufacture and sale of acousto-optics, electro-optics, fiber optics, and precision optics and systems in the United Kingdom, North America, Europe, the Asia Pacific, and internationally.

Suzhou Hengmingda Electronic Technology

Market Cap: CN¥11.2b

Suzhou Hengmingda Electronic Technology Co., Ltd.

SLM

Market Cap: US$5.4b

Through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States.

Owens Corning

Market Cap: US$10.7b

Provides residential and commercial building products in the United States, Europe, the Asia Pacific, and internationally.

Airtasker

Market Cap: AU$163.8m

Engages in the provision of technology-enabled online marketplaces for local services in Australia.

SigmaRoc

Market Cap: UK£1.2b

Through its subsidiaries, invests in and/or acquires projects in the quarried materials sector.

Constellium

Market Cap: US$2.2b

Engages in the design, manufacture, and sale of rolled and extruded aluminum products for the aerospace, packaging, automotive, commercial transportation, general industrial, and defense end-markets.

doValue

Market Cap: €534.1m

Engages in the management of non-performing loans (NLP), unlikely to pay (UTP), early arrears, and performing loans for banks and investors in Italy, Spain, Greece, and Cyprus.

DSV

Market Cap: DKK 318.1b

Offers transport and logistics services in Europe, the Middle East, Africa, North America, South America, Asia, Australia, and the Pacific.

First Busey

Market Cap: US$2.1b

Operates as the bank holding company for Busey Bank that engages in the provision of retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States.

SBO

Market Cap: €418.4m

Manufactures and sells steel products worldwide.

PPC

Market Cap: R8.7b

Engages in the production and sale of cement, aggregates, ready mix concrete, and fly ash in South Africa, Botswana, and Zimbabwe.

Enovix

Market Cap: US$2.5b

Designs, develops, and manufactures lithium-ion battery cells in the United States and internationally.

Advanced Medical Solutions Group

Market Cap: UK£481.8m

Develops, manufactures, and distributes products for the surgical, woundcare, and wound-closure markets in the United Kingdom, Germany, rest of Europe, the United States, and internationally.

Metropolitan Bank Holding

Market Cap: US$788.4m

Operates as the bank holding company for Metropolitan Commercial Bank that provides a range of business, commercial, and retail banking products and services.

Sheng Siong Group

Market Cap: S$3.3b

An investment holding company, operates a chain of supermarket retail stores in Singapore.

e.l.f. Beauty

Market Cap: US$7.6b

A beauty company, provides cosmetics and skin care products worldwide.

Nordisk Bergteknik

Market Cap: SEK 681.1m

Provides rock handling and foundation solutions in Sweden, Norway, Finland, and internationally.

Mo-BRUK

Market Cap: zł1.0b

Processes industrial, hazardous, and municipal waste in Poland, Germany, Italy, Slovenia, Denmark, Romania, and Lithuania.

Dogus Otomotiv Servis ve Ticaret

Market Cap: ₺38.1b

Operates as an automotive importer and distributor in Turkey.

McGraw Hill

Market Cap: US$2.5b

McGraw Hill, Inc., doing business as McGraw Hill, provides information solutions for K-12, higher education, and professional markets in the United States and internationally.

Tibet GaoZheng Explosive

Market Cap: CN¥10.8b

Produces and sells civil explosives and blasting products in China.

Anhui Ronds Science & Technology

Market Cap: CN¥4.3b

Provides solutions for machinery condition monitoring in the predictive maintenance field in China.

GPT Healthcare

Market Cap: ₹12.4b

Owns and operates a chain of multispecialty hospitals under the ILS Hospitals brand name in India.

Sandoz Group

Market Cap: CHF 21.1b

Develops, manufactures, and markets generic pharmaceuticals and biosimilars worldwide.

Barratt Redrow

Market Cap: UK£5.4b

Engages in the housebuilding business in the United Kingdom.

Lingotes Especiales

Market Cap: €56.0m

Together with its subsidiary, Frenos y Conjuntos, engages in the design, development, casting, machining, and assembly of grey and spheroidal iron parts for the automotive sector in Spain, rest of Europe, Africa, and internationally.