Global Undervalued Stocks Based On Cash Flows

Camden National

Market Cap: US$712.8m

Operates as the bank holding company for Camden National Bank that provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers in the United States.

Echo Investment

Market Cap: zł2.2b

Engages in the construction, lease, and sale of office, retail, and residential buildings in Poland.

Digital Workforce Services Oyj

Market Cap: €38.0m

Provides business process automation services and technology solutions in Finland, Sweden, Norway, Denmark, Poland, rest of the European Union, and internationally.

HL Holdings

Market Cap: ₩384.7b

Engages in the automobile, construction, and education/sports businesses in South Korea and internationally.

Carter Bankshares

Market Cap: US$416.9m

Operates as the bank holding company for Carter Bank & Trust that provides various retail and commercial banking products and insurance services in the United States.

Forum Engineering

Market Cap: JP¥63.1b

Provides personnel management services for mechanical and electrical engineers in Japan.

Elders

Market Cap: AU$1.4b

Provides agricultural products and services to rural and regional customers primarily in Australia.

Medhelp Care Aktiebolag

Market Cap: SEK 152.2m

A software-as-a-service company, operates a health platform for data-driven corporate health and supports in Sweden and Denmark.

Advanced Braking Technology

Market Cap: AU$33.8m

Engages in the research, design, development, manufacture, distribution, and sale of braking solutions worldwide.

Shin Maint HoldingsLtd

Market Cap: JP¥22.3b

Provides maintenance services in Japan.

Hibino

Market Cap: JP¥22.9b

Designs, sells, installs, and maintains audio equipment in Japan 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.

KeePer Technical Laboratory

Market Cap: JP¥91.3b

Develops, manufactures, and sells car coatings, car washing chemicals and equipment, and other products in Japan.

Zhuhai CosMX Battery

Market Cap: CN¥15.5b

Manufactures and supplies polymer lithium-ion batteries worldwide.

Trisura Group

Market Cap: CA$2.1b

A specialty insurance company, operates in the surety, risk solutions, corporate insurance, and reinsurance businesses in Canada, the United States, and internationally.

cottaLTD

Market Cap: JP¥4.6b

Engages in manufacture and sale of confectionary food materials and food packaging materials in Japan and internationally.

Talenom Oyj

Market Cap: €160.3m

Provides accounting and other services for small and medium-sized enterprises in Finland, Sweden, Spain, and Italy.

TBC Bank Group

Market Cap: UK£2.7b

Through its subsidiaries, provides banking, leasing, insurance, brokerage, and card processing services to corporate and individual customers in Georgia, Azerbaijan, and Uzbekistan.

ACNB

Market Cap: US$450.8m

A financial holding company, offers banking, insurance, and financial services to individual, business, and government customers in the United States.

Grupo Hotelero Santa Fe. de

Market Cap: Mex$2.6b

Acquires, develops, and operates beach and urban hotels in Mexico.

Upsales Technology

Market Cap: SEK 644.9m

Operates as a software-as-a-service company that develops and sells web-based business systems with a focus on sales, marketing, and analysis in Sweden and internationally.

GPT Healthcare

Market Cap: ₹13.6b

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

HDC Hyundai Development

Market Cap: ₩1.5t

Operates as a financial real estate company, provides real estate services primarily in South Korea.

Hims & Hers Health

Market Cap: US$11.2b

Operates a telehealth platform that connects consumers to licensed healthcare professionals in the United States, the United Kingdom, and internationally.

Polaris Holdings

Market Cap: JP¥50.5b

Operates a chain of hotels in Japan.

SpiderPlus

Market Cap: JP¥17.7b

Engages in information and communication technology business in Japan.

Gogo

Market Cap: US$2.1b

Provides broadband connectivity services to the aviation industry in the United States and internationally.

Cambi

Market Cap: NOK 3.5b

Provides thermal hydrolysis solutions for sewage sludge and organic waste management in Europe, the Americas, Asia, Africa, and Oceania.

Van Elle Holdings

Market Cap: UK£41.1m

Operates as a geotechnical and ground engineering contractor in the United Kingdom.

Livero

Market Cap: JP¥9.2b

Provides cloud platforms in Japan.

Sparebank 68° Nord

Market Cap: NOK 535.2m

Operates as a savings bank that provides a range of banking services to personal and corporate market in Norway.

Robert Half

Market Cap: US$4.3b

Provides talent solutions and business consulting services in the United States and internationally.

MTN Group

Market Cap: R253.5b

Provides mobile telecommunications services in South Africa, Nigeria, South and East Africa, West and Central Africa, and the Middle East and North Africa.

RVRC Holding

Market Cap: SEK 5.0b

Engages in the e-commerce outdoor clothing business in Germany, Sweden, Finland, and internationally.

Trøndelag Sparebank

Market Cap: NOK 543.7m

A savings bank, provides banking products and services to private and corporate customers in Norway.

JOST Werke

Market Cap: €792.7m

Manufactures and supplies safety-critical systems for the commercial vehicle industry in Germany, Europe, North America, Asia, Pacific, and Africa.