Global Undervalued Stocks Based On Cash Flows

Helvetia Baloise Holding

Market Cap: CHF 9.9b

Engages in life and non-life insurance, and reinsurance business in Switzerland, Germany, Austria, Spain, Italy, France, and internationally.

STIF Société anonyme

Market Cap: €298.9m

Manufactures and sells components for the handling of bulk products in France.

B&S Group

Market Cap: €492.4m

Distributes consumer goods worldwide.

Praemium

Market Cap: AU$370.5m

Provides advisors and wealth management solutions in Australia and internationally.

GNI Group

Market Cap: JP¥199.9b

Engages in the research, development, manufacture, and sale of pharmaceutical drugs in Japan and internationally.

LeadDesk Oyj

Market Cap: €31.6m

Provides cloud-based contact center solutions for sales outreach and customer service in Finland.

Exel Composites Oyj

Market Cap: €51.4m

Manufactures and sells composite profiles and tubes made with pultrusion, pull-winding, and continuous lamination processes in Europe, North America, the Asia Pacific, and internationally.

Kesla Oyj

Market Cap: €9.0m

Develops machinery, technology, and services for customers in the forest and other industries in Finland.

Mobileye Global

Market Cap: US$6.7b

Develops and deploys advanced driver assistance systems (ADAS) and autonomous driving technologies and solutions in the United States, Europe, China, and internationally.

Q2 Holdings

Market Cap: US$3.3b

Provides digital solutions to financial institutions, financial technology companies, FinTechs, and alternative finance companies (Alt-FIs) in the United States.

Shanghai Chicmax Cosmetic

Market Cap: HK$24.0b

A multi-brand cosmetics company, engages in the research, development, manufacture, and sale of cosmetics products in Mainland China and internationally.

Lotte Tour Development

Market Cap: ₩1.5t

Engages in the provision of travel and tourism services in South Korea.

Zhaojin Mining Industry

Market Cap: HK$113.0b

An investment holding company, engages in exploration, mining, processing, smelting, and sale of gold and other metallic products in the People’s Republic of China and internationally.

Jiangsu Wujin Stainless Steel Pipe GroupLTD

Market Cap: CN¥5.2b

Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD.

Topps Tiles

Market Cap: UK£74.2m

Engages in the retail and wholesale distribution of ceramic and porcelain tiles, natural stone, and related products for residential and commercial markets in the United Kingdom.

Elite Advanced Laser

Market Cap: NT$41.2b

Provides electronic manufacturing services in Taiwan.

Doosan

Market Cap: ₩16.5t

Engages in the power generation facilities, industrial facilities, construction machinery, engines, and construction businesses in Korea, the United States, Asia, the Middle East, Europe, and internationally.

Kunshan Huguang Auto HarnessLtd

Market Cap: CN¥12.6b

Engages in the research and development, production, and sales of wiring harnesses for passenger vehicles in China.

AViC

Market Cap: JP¥8.8b

Provides digital marketing services in Japan.

Axfood

Market Cap: SEK 69.3b

Engages in the food retail and wholesale businesses primarily in Sweden.

Sitowise Group Oyj

Market Cap: €83.9m

Provides buildings, infrastructure, and digital solutions in Finland, Sweden, and internationally.

Demant

Market Cap: DKK 39.5b

Operates as a hearing healthcare company in Europe, North America, Asia, Pacific region, and internationally.

Central Asia Metals

Market Cap: UK£300.3m

Operates as a base metals producer.

Metropolitan Bank Holding

Market Cap: US$969.5m

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

Hua Yu Lien Development

Market Cap: NT$9.5b

Engages in the real estate business in Taiwan.

Galderma Group

Market Cap: CHF 36.6b

Operates as a dermatology company worldwide.

Tasmea

Market Cap: AU$1.1b

Provides shutdown, maintenance, emergency breakdown, and capital upgrade services in Australia.

Japan Eyewear Holdings

Market Cap: JP¥47.1b

Through its subsidiaries, engages in the designing, manufacturing, and selling eyeglasses in Japan.

Ategrity Specialty Insurance Company Holdings

Market Cap: US$1.0b

Through its subsidiaries, provides excess and surplus lines insurance and reinsurance products to small and medium-sized businesses in the United States.

Equinox Gold

Market Cap: CA$17.8b

Engages in the acquisition, exploration, development, and operation of mineral properties in the Americas.

Teleste Oyj

Market Cap: €66.8m

Provides broadband, security, and information technologies and related services in Finland and internationally.

Alnylam Pharmaceuticals

Market Cap: US$42.5b

Alnylam Pharmaceuticals, Inc. discovers, develops, manufactures, and commercializes therapeutics based on ribonucleic acid interference in the United States, Europe, and internationally.

Galan Lithium

Market Cap: AU$476.7m

Engages in the exploration, evaluation, and development of lithium properties.

Qualisys Holding

Market Cap: SEK 499.5m

Provides precision motion capture and 3D positioning tracking systems in Europe, the Middle East, Africa, the United States, and the Asia-Pacific.

Lazard

Market Cap: US$4.2b

Operates as a financial advisory and asset management firm in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Great Giant Fibre Garment

Market Cap: NT$14.5b

Engages in manufacturing and selling garments and textiles in Taiwan.