U.S. Undervalued Stocks Based On Cash Flows

First Internet Bancorp

Market Cap: US$200.6m

Operates as the bank holding company for First Internet Bank of Indiana that provides various commercial, small business, consumer, and municipal banking products and services to individuals and commercial customers in the United States.

First Reliance Bancshares

Market Cap: US$75.4m

Operates as the bank holding company for First Reliance Bank that provides banking products and services in North and South Carolina.

Pursuit Attractions and Hospitality

Market Cap: US$836.4m

An attraction and hospitality company, owns and operates hospitality destinations in the United States, Canada, and Iceland.

Verra Mobility

Market Cap: US$3.5b

Provides smart mobility technology solutions in the United States, Australia, Europe, and Canada.

HealthEquity

Market Cap: US$7.9b

Provides technology-enabled services platforms to consumers and employers in the United States.

BioLife Solutions

Market Cap: US$1.0b

Develops, manufactures, and markets bioproduction products and services for the cell and gene therapy (CGT) industry in the United States, Europe, the Middle East, Africa, and internationally.

Arrow Financial

Market Cap: US$425.4m

A bank holding company, provides various commercial and consumer banking, and financial products and services in the Unites States.

Mobileye Global

Market Cap: US$12.7b

Develops and deploys advanced driver assistance systems (ADAS) and autonomous driving technologies and solutions worldwide.

Vertex Pharmaceuticals

Market Cap: US$110.3b

A biotechnology company, engages in developing and commercializing therapies for treating cystic fibrosis (CF).

Live Oak Bancshares

Market Cap: US$1.2b

Operates as the bank holding company for Live Oak Banking Company that provides various banking products and services in the United States.

Nutanix

Market Cap: US$19.8b

Provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa.

MetroCity Bankshares

Market Cap: US$727.9m

Operates as the bank holding company for Metro City Bank that provides banking products and services in the United States.

DoorDash

Market Cap: US$77.5b

Operates a commerce platform that connects merchants, consumers, and independent contractors in the United States and internationally.

Mid Penn Bancorp

Market Cap: US$560.3m

Operates as the bank holding company for Mid Penn Bank that provides commercial banking services to individuals, partnerships, non-profit organizations, and corporations.

Pure Storage

Market Cap: US$16.0b

Engages in the provision of data storage and management technologies, products, and services in the United States and internationally.

German American Bancorp

Market Cap: US$1.4b

Operates as a financial holding company for German American Bank that provides retail and commercial banking, and health management services.

Pagaya Technologies

Market Cap: US$851.3m

A product-focused technology company, deploys data science and proprietary artificial intelligence-powered technology for financial services and other service providers, their customers, and asset investors in the United States, Israel, and the Cayman Islands.

First Bancorp

Market Cap: US$1.7b

Operates as the bank holding company for First Bank that provides banking products and services for individuals and businesses.

Excelerate Energy

Market Cap: US$3.4b

Provides liquefied natural gas (LNG) solutions worldwide.

Viking Holdings

Market Cap: US$19.3b

Engages in the passenger shipping and other forms of passenger transport in North America, the United Kingdom, and internationally.

Amerant Bancorp

Market Cap: US$740.2m

Operates as the bank holding company for Amerant Bank, N.A.

International Paper

Market Cap: US$23.7b

Produces and sells renewable fiber-based packaging and pulp products in North America, Latin America, Europe, and North Africa.

MINISO Group Holding

Market Cap: US$5.7b

An investment holding company, engages in the retail and wholesale of lifestyle products and pop toy products in China, rest of Asia, the Americas, Europe, Indonesia, and internationally.

Axogen

Market Cap: US$573.3m

Develops and commercializes technologies for peripheral nerve regeneration and repair worldwide.

Tenable Holdings

Market Cap: US$3.8b

Provides cyber exposure management solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan.

CBIZ

Market Cap: US$3.9b

Provides financial, insurance, and advisory services in the United States and Canada.

Alerus Financial

Market Cap: US$533.2m

Operates as the bank holding company for Alerus Financial, National Association that provides various financial services to businesses and consumers in the United States.

Sarepta Therapeutics

Market Cap: US$3.6b

A commercial-stage biopharmaceutical company, focuses on the discovery and development of RNA-targeted therapeutics, gene therapies, and other genetic therapeutic modalities for the treatment of rare diseases.

Hess Midstream

Market Cap: US$8.6b

Owns, operates, develops, and acquires midstream assets and provide fee-based services to Hess and third-party customers in the United States.

Targa Resources

Market Cap: US$34.7b

Together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic infrastructure assets in North America.

CareTrust REIT

Market Cap: US$5.5b

A self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties.

Atour Lifestyle Holdings

Market Cap: US$3.9b

Through its subsidiaries, develops lifestyle brands around hotel offerings in the People’s Republic of China.

Elastic

Market Cap: US$9.0b

A search artificial intelligence (AI) company, delivers hosted and managed solutions designed to run in hybrid, public or private clouds, and multi-cloud environments in the United States and internationally.

TowneBank

Market Cap: US$2.5b

Provides retail and commercial banking services for individuals, commercial enterprises, and professionals in Virginia and North Carolina.

Afya

Market Cap: US$1.8b

Operates as a medical education group in Brazil.

SharkNinja

Market Cap: US$12.9b

A product design and technology company, engages in the provision of various solutions for consumers in the United States, China, and internationally.