Global Undervalued Stocks Based On Cash Flows

Canatu Oyj

Market Cap: €310.8m

Develops and sells carbon nanotubes (CNTs) and related products for the semiconductor, automotive, and medical diagnostics industries in Finland, the United States, Japan, and Taiwan.

Gold Royalty

Market Cap: US$561.6m

A precious metals-focused royalty company, provides financing solutions to the metals and mining industry.

Willdan Group

Market Cap: US$1.7b

Provides professional, technical, and consulting services primarily in the United States.

Ambipar Participações e Empreendimentos

Market Cap: R$22.4b

Ambipar Participações e Empreendimentos S.A.

GPT Healthcare

Market Cap: ₹12.1b

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

Shanghai V-Test Semiconductor Tech

Market Cap: CN¥12.2b

Shanghai V-Test Semiconductor Tech. Co., Ltd.

Xiamen Amoytop Biotech

Market Cap: CN¥33.7b

Engages in research, development, production, and sale of recombinant protein drugs in China.

Absolent Air Care Group

Market Cap: SEK 2.9b

Designs, develops, sells, installs, and maintains air filtration units.

Corporativo Fragua. de

Market Cap: Mex$51.4b

Operates pharmacy stores under the Superfarmacia name in Mexico.

E-Globe

Market Cap: €12.1m

Engages in the online sale of air conditioners, boilers, stoves, solar panels, fan coils, heat pumps, and water heaters in Italy and internationally.

Robit Oyj

Market Cap: €24.2m

Engages in the design, manufacture, and sale of drilling consumables for mining, quarrying, construction, and well drilling industries in Finland.

Moonpig Group

Market Cap: UK£665.8m

Operates as a data and technology platform for online greeting cards and gifting in the Netherlands, Ireland, Australia, the United States, and the United Kingdom.

Norconsult

Market Cap: NOK 14.4b

Provides consultancy services with focus on community planning, engineering design, and architecture in the Nordics and internationally.

Aquila Part Prod Com

Market Cap: RON 1.7b

Provides distribution and logistics services in Romania, Moldova, Poland, the Netherlands, Germany, and internationally.

Micro Systemation

Market Cap: SEK 1.2b

Provides forensic technology for mobile device examination and analysis in Sweden and internationally.

Dajin Heavy IndustryLtd

Market Cap: CN¥22.1b

Develops, produces, and sells wind power equipment in China.

Peapack-Gladstone Financial

Market Cap: US$504.2m

Operates as the bank holding company for Peapack Private Bank & Trust that provides private banking and wealth management services in the United States.

Hugel

Market Cap: ₩3.2t

Develops and manufactures biopharmaceuticals in South Korea and internationally.

Q & M Dental Group (Singapore)

Market Cap: S$457.5m

An investment holding company, provides private dental healthcare services in Singapore, Malaysia, China, and internationally.

Camurus

Market Cap: SEK 43.2b

A biopharmaceutical company, develops and commercializes medicines for severe and chronic diseases in Europe, Africa, the Middle East, North America, and Asia.

Wanguo Gold Group

Market Cap: HK$30.7b

An investment holding company, engages in mining, ore processing, and sale of concentrate products in the People’s Republic of China and Solomon Islands.

King Yuan Electronics

Market Cap: NT$173.6b

Engages in the designing, manufacturing, selling, testing, and assembly service of integrated circuits in Taiwan, Asia, North America, and internationally.

SKAN Group

Market Cap: CHF 1.4b

Provides isolators, cleanroom devices, and decontamination processes for pharmaceutical and chemical industries in Europe, the Americas, Asia, and internationally.

LigaChem Biosciences

Market Cap: ₩5.4t

A clinical stage biopharmaceutical company, engages in the discovery and development of medicines for unmet medical needs.

Pluxee

Market Cap: €2.6b

Offers employee benefits and engagement solutions services in France, Latin America, Continental Europe, and internationally.

BHG Group

Market Cap: SEK 4.7b

Operates as a consumer e-commerce company in Sweden, Finland, Denmark, Norway, rest of Europe, and internationally.

Japan Data Science ConsortiumLtd

Market Cap: JP¥14.1b

Engages in the development and licensing of algorithm modules utilizing machine learning in Japan.

Investar Holding

Market Cap: US$228.7m

Operates as the bank holding company for Investar Bank that provides a range of commercial banking products to individuals, professionals, and small to medium-sized businesses in south Louisiana, southeast Texas, and Alabama in the United States.

Santos Brasil Participações

Market Cap: R$12.3b

Provides port container handling and logistics services in Brazil.

Cosmax

Market Cap: ₩2.5t

Researches, develops, produces, and manufactures cosmetic and health function food products in Korea and internationally.

Matsuya R&DLtd

Market Cap: JP¥15.6b

Develops, manufactures, and sells stitching systems for automobile safety devices in Japan.

Anhui Ronds Science & Technology

Market Cap: CN¥4.5b

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

Northwest Bancshares

Market Cap: US$1.9b

Operates as the bank holding company for Northwest Bank, a state-chartered savings bank that provides personal and business banking solutions in the United States.

ABO Energy GmbH KGaA

Market Cap: €337.5m

Develops renewable energy projects in Germany and internationally.

Lingotes Especiales

Market Cap: €59.0m

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.

PageGroup

Market Cap: UK£748.9m

Provides recruitment consultancy and other ancillary services in the United Kingdom, rest of Europe, the Middle East, Africa, the Asia Pacific, and the Americas.