Global Undervalued Stocks Based On Cash Flows

Xi'an NovaStar Tech

Market Cap: CN¥14.2b

Designs and develops light-emitting diode (LED) display control solutions in China and internationally.

Freshworks

Market Cap: US$3.5b

A software development company, provides software-as-a-service products in North America, Europe, the Middle East, Africa, Asia Pacific, and internationally.

WEBTOON Entertainment

Market Cap: US$1.9b

Operates a storytelling platform in the United States, Korea, Japan, and internationally.

Last One MileLtd

Market Cap: JP¥9.1b

Engages in last mile business in Japan and internationally.

MNC SolutionLtd

Market Cap: ₩1.2t

Manufactures and sells hydraulic parts for the construction machinery and defense market in Korea.

Delivery Hero

Market Cap: €5.0b

Provides online food ordering, quick commerce, and delivery services.

Huntington Bancshares

Market Cap: US$25.0b

Operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States.

China Beststudy Education Group

Market Cap: HK$3.6b

Provides after-school education services for K-12 student groups in China.

Sotera Health

Market Cap: US$4.9b

Provides sterilization, lab testing, and advisory services for the healthcare industry in the United States, Canada, Europe, and internationally.

Spindox

Market Cap: €73.4m

Provides information and communication technology services and solutions in Italy, Europe, and internationally.

Figeac Aero Société Anonyme

Market Cap: €504.9m

Manufactures, supplies, and sells equipment and sub-assemblers for aeronautics sector in France.

Fifth Third Bancorp

Market Cap: US$28.0b

Operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States.

Advanced Micro Devices

Market Cap: US$335.6b

Operates as a semiconductor company worldwide.

SenSen Networks

Market Cap: AU$79.7m

Develops and sells SenDISA platform-based products and services in North America, Australia, New Zealand, and Asia.

Hemnet Group

Market Cap: SEK 15.8b

Operates a residential property platform in Sweden.

EROAD

Market Cap: NZ$307.0m

Provides electronic on-board units and software as a service to the transport industry in New Zealand, the United States, and Australia.

NEXON Games

Market Cap: ₩776.7b

Operates as a game developer in South Korea and internationally.

Advanced Medical Solutions Group

Market Cap: UK£468.0m

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.

Neo Performance Materials

Market Cap: CA$692.6m

Engages in the manufacture and sale of rare earth, magnetic powders, magnets, and rare metal-based functional materials in China, Japan, Thailand, South Korea, North America, Europe, and internationally.

High Quality Food

Market Cap: €6.8m

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

Vimi Fasteners

Market Cap: €15.2m

Manufactures and supplies various fastener systems for the automotive, industrial engine and vehicle, oil and gas, and aerospace and motorsport markets in Italy and internationally.

Krsnaa Diagnostics

Market Cap: ₹26.1b

Provides diagnostic services in India.

Pan African Resources

Market Cap: UK£1.9b

Engages in the mining, extraction, production, and sale of gold in South Africa.

Nicolet Bankshares

Market Cap: US$1.8b

Operates as the bank holding company for Nicolet National Bank that provides banking products and services for businesses and individuals in Wisconsin, Michigan, and Minnesota.

Sanoma Oyj

Market Cap: €1.6b

Operates as a media and learning company in Finland, the Netherlands, Poland, Spain, Belgium, and internationally.

KONCAR - Elektroindustrija d.d

Market Cap: €1.6b

Provides products, services, and solutions for power generation, power transmission and distribution, urban mobility and infrastructure, and digital solutions and platforms in Croatia.

Li Auto

Market Cap: US$18.3b

Operates in the energy vehicle market in the People’s Republic of China.

NEUCA

Market Cap: zł3.7b

Engages in the wholesale distribution of pharmaceuticals in Poland.

Zhongji Innolight

Market Cap: CN¥533.0b

Engages in the design, research and development, production, and sales optical communication transceiver modules and optical devices in China.

Zhejiang Jolly PharmaceuticalLTD

Market Cap: CN¥11.9b

Engages in the research, production, and marketing of Chinese medicinal products in the People’s Republic of China and internationally.

Verisure

Market Cap: €16.2b

Provides security services for families and small businesses in Europe and Latin America.

Hensoldt

Market Cap: €8.0b

Provides sensor solutions for defense and security applications worldwide.

Southern Score Builders Berhad

Market Cap: RM 1.3b

An investment holding company, provides construction management services for building and infrastructure works in Malaysia.

PetroVietnam Power Corporation - JSC

Market Cap: ₫34.7t

Engages in the production and distribution of industrial and consumer electricity in Vietnam.

Gentian Diagnostics

Market Cap: NOK 823.6m

Develops, manufactures, and sells biochemical reagents for use in medical diagnostics and research in the United States, Asia, and Europe.

Old National Bancorp

Market Cap: US$8.3b

Operates as the bank holding company for Old National Bank that provides consumer and commercial banking services in the United States.