Global Undervalued Stocks Based On Cash Flows

Micro Systemation

Market Cap: SEK 1.2b

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

Barratt Redrow

Market Cap: UK£5.4b

Engages in the housebuilding business in the United Kingdom.

Boliden

Market Cap: SEK 155.4b

Engages in the extracting, producing, and recycling of base metals in Sweden, Finland, other Nordic region, Germany, the United Kingdom, Europe, North America, and internationally.

Sierra Madre Gold and Silver

Market Cap: CA$339.0m

Operates as a precious metal development and exploration company in Mexico.

Horizon Bancorp

Market Cap: US$853.8m

Operates as the bank holding company for Horizon Bank that engages in the provision of commercial and retail banking services.

Aidma Holdings

Market Cap: JP¥47.0b

Engages in the sales, business, and management support businesses in Japan.

Sumisaujana Group Berhad

Market Cap: RM 166.0m

An investment holding company, engages in the manufacture and trade of oil and gas (O&G) specialty chemicals and additives in Malaysia, Thailand, Indonesia, Saudi Arabia, Oman, and internationally.

Zhejiang Century Huatong GroupLtd

Market Cap: CN¥139.1b

Engages in the auto parts, Internet games, and artificial intelligence cloud data businesses in China and internationally.

CURVES HOLDINGS

Market Cap: JP¥72.9b

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

Kits Eyecare

Market Cap: CA$562.8m

Operates a digital eyecare platform in the United States and Canada.

CAB Payments Holdings

Market Cap: UK£164.5m

Through its subsidiaries, provides foreign exchange (FX) and cross-border payments services to banks, fintech companies, supranationals, and governments in the United Kingdom and internationally.

Contec.Co.Ltd

Market Cap: ₩215.0b

Provides space ground station, and satellite imagery services in South Korea and internationally.

Mobvista

Market Cap: HK$23.7b

Engages in the provision of advertising and marketing technology services required to develop the mobile internet ecosystem to customers worldwide.

WuXi XDC Cayman

Market Cap: HK$85.8b

An investment holding company, operates as a contract research, development, and manufacturing organization in China, North America, Europe, and internationally.

UMB Financial

Market Cap: US$9.1b

Operates as the bank holding company that provides banking services and asset servicing in the United States and internationally.

Super Group (SGHC)

Market Cap: US$5.2b

Operates as an online sports betting and gaming operator.

WesBanco

Market Cap: US$3.3b

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

DEUTZ

Market Cap: €1.5b

Develops, manufactures, and sells diesel and gas engines in Germany, Rest of Europe, the Middle East, Africa, the Asia Pacific, and the United States.

PeptiDream

Market Cap: JP¥225.7b

A biopharmaceutical company, engages in the discovery and development of constrained peptides, small molecules, and peptide-drug conjugate therapeutics.

Investar Holding

Market Cap: US$367.5m

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.

Meitu

Market Cap: HK$34.0b

An investment holding company, engages in the development and provision of products that streamline the production of photo, video, and design with other AI-powered products in Mainland China and internationally.

ASE Technology Holding

Market Cap: NT$1.2t

Provides semiconductor manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally.

Xiamen Amoytop Biotech

Market Cap: CN¥33.5b

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

Kuraray

Market Cap: JP¥493.7b

Engages in the production and sale of resins, chemicals, fibers, activated carbon, and high-performance membranes and systems worldwide.

Esautomotion

Market Cap: €36.9m

Develops, manufactures, and sells integrated CNC systems in Italy.

Ibstock

Market Cap: UK£534.4m

Manufactures and sells clay and concrete building products and solutions to customers in the residential construction sector in the United Kingdom.

29Metals

Market Cap: AU$898.9m

Operates as a copper-focused base and precious metals mining company in Australia and Chile.

Galderma Group

Market Cap: CHF 38.7b

Operates as a dermatology company worldwide.

Fodelia Oyj

Market Cap: €44.4m

Operates as a food company in Finland.

SK hynix

Market Cap: ₩522.0t

Manufactures, distributes, and sells semiconductor products in Korea, China, rest of Asia, the United States, and Europe.

Nokian Panimo Oyj

Market Cap: €25.1m

Engages in the brewery business in Finland.

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.

Huntington Bancshares

Market Cap: US$28.4b

Operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States.

STEICO

Market Cap: €284.5m

Develops, produces, and markets ecological construction products made of renewable raw materials in Germany, Austria, Switzerland, Lichtenstein, France, Belgium, Netherlands, Luxemburg, South European countries, and internationally.

Ottobock SE KGaA

Market Cap: €4.5b

Designs and develops medical technology products and solutions for the people with limited mobility in the fields of prosthetics, orthotics, human mobility, and medical care worldwide.

Serabi Gold

Market Cap: UK£244.6m

Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.