Global Undervalued Stocks Based On Cash Flows

LapWall Oyj

Market Cap: €57.2m

Designs, manufactures and sells wood-structured elements in Finland.

Vishnu Chemicals

Market Cap: ₹34.3b

Engages in the manufacture and sale of chromium chemicals in India.

Cromwell Property Group

Market Cap: AU$1.1b

A real estate investment manager with $4.2 billion of assets under management in Australia and New Zealand on 30 June 2025.

Midland States Bancorp

Market Cap: US$475.9m

Operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities.

WesBanco

Market Cap: US$3.4b

Operates as the bank holding company for WesBanco Bank, Inc.

M & B Engineering

Market Cap: ₹17.3b

An engineering company, engages in the design, manufacturing, and installation of pre-engineered metal buildings, self-supported steel roofing, and complex steel components.

Nemetschek

Market Cap: €7.4b

Provides software solutions for architecture, engineering, construction, operation, and media industries in Germany, the rest of Europe, the Americas, the Asia Pacific, and internationally.

Rosebank Industries

Market Cap: UK£1.3b

Does not have significant operations.

B&S Group

Market Cap: €492.4m

Distributes consumer goods worldwide.

Yangzijiang Shipbuilding (Holdings)

Market Cap: S$15.2b

An investment holding company, engages in the shipbuilding activities in the Greater China, Canada, Japan, Italy, Greece, Germany, Bulgaria, United Kingdom, Singapore, and internationally.

Recupero Etico Sostenibile

Market Cap: €92.7m

Provides waste management services in Italy.

LaKeel

Market Cap: JP¥5.0b

Provides product, consulting, and professional services in Japan.

Titagarh Rail Systems

Market Cap: ₹96.8b

Engages in the manufacture and sale of freight and passenger rail systems in India and internationally.

Demant

Market Cap: DKK 39.5b

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

Oxford Innotech Berhad

Market Cap: RM 177.5m

An investment holding company, provides precision engineering, mechanical assembly, and automation and robotics solutions in Malaysia, rest of Asia, North America, and Europe.

KORU Medical Systems

Market Cap: US$221.9m

Develops, manufactures, and commercializes subcutaneous infusion solutions primarily for the subcutaneous drug delivery market in the United States and internationally.

Chongqing Zaisheng Technology

Market Cap: CN¥14.9b

Researches, manufactures, and markets fiber cotton in China.

PEXA Group

Market Cap: AU$2.5b

Operates a digital property settlements platform in Australia.

Foxconn Industrial Internet

Market Cap: CN¥1.1t

Provides smart manufacturing and industrial internet services in Mexico, Vietnam, Singapore, Mainland China, and internationally.

BEAUTY GARAGE

Market Cap: JP¥18.0b

BEAUTY GARAGE Inc. purchases and sells beautician and beauty products and equipment.

Investar Holding

Market Cap: US$395.7m

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.

Elekta

Market Cap: SEK 21.5b

A medical technology company, provides clinical solutions for treating cancer and brain disorders in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Sibanye Stillwater

Market Cap: R179.6b

Operates as a precious metals mining company in South Africa, the United States, Europe, and Australia.

Teleste Oyj

Market Cap: €64.6m

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

Transformers and Rectifiers (India)

Market Cap: ₹88.9b

Manufactures and sells transformers in India.

Zscaler

Market Cap: US$22.8b

Operates as a cloud security company worldwide.

Chifeng Jilong Gold MiningLtd

Market Cap: CN¥72.9b

Engages in mining, metallurgical processing, and sales of gold worldwide.

Globus Spirits

Market Cap: ₹26.5b

Manufactures and sells bulk alcohol and alcoholic products in India and internationally.

Metriks AI. Società Benefit

Market Cap: €34.0m

Develops Service as a Software platform that helps companies and organizations to make strategic decisions, optimize performance, and transform data into value.

SDI Group

Market Cap: UK£83.6m

Designs and manufactures scientific and technology products based on digital imaging and sensing and control applications worldwide.

Zhongjin GoldLtd

Market Cap: CN¥152.6b

Engages in the mining, smelting, and sale of non-ferrous metals in China.

CURVES HOLDINGS

Market Cap: JP¥72.2b

Engages in the operation and management of fitness club for women under the Curves brand name in Japan and internationally.

Cosmax

Market Cap: ₩2.2t

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

Environmental Group

Market Cap: AU$91.3m

Engages in the design, application, and servicing of gas, vapor and dust emission control systems, and inlet and exhaust systems for gas turbines in Australia and internationally.

ArcticZymes Technologies

Market Cap: NOK 1.2b

A life sciences company, develops, manufactures, and commercializes recombinant enzymes for use in molecular research, in vitro diagnostics, and biomanufacturing.

Peraso

Market Cap: US$8.0m

A fabless semiconductor company, develops, markets, and sells semiconductor devices and antenna modules in North America, Hong Kong, Taiwan, and internationally.