Global Undervalued Stocks Based On Cash Flows

Thomas Cook (India)

Market Cap: ₹51.5b

Offers integrated travel services in India and internationally.

Comvita

Market Cap: NZ$48.7m

Engages in research, manufacturing, marketing, and distribution nature health products in Australia, New Zealand, Greater China, rest of Asia, North America, Europe, the Middle East, Africa, and internationally.

Demant

Market Cap: DKK 39.5b

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

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.

Takara Bio

Market Cap: JP¥96.0b

Engages in the businesses of reagents, equipment, contract services, and genetic medicine in Japan, China, the rest of Asia, the United States, Europe, and internationally.

CURVES HOLDINGS

Market Cap: JP¥70.1b

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

B&S Group

Market Cap: €492.4m

Distributes consumer goods worldwide.

Mips

Market Cap: SEK 7.4b

Develops, manufactures, and sells helmet-based safety systems in North America, Europe, Sweden, Asia, and Australia.

Sino Medical Sciences Technology

Market Cap: CN¥9.4b

A medical device company, engages in the research, development, production, and distribution of interventional medical devices in China.

M&C Saatchi

Market Cap: UK£157.0m

Provides advertising and marketing communications services in the United Kingdom, Europe, the Middle East, the Asia Pacific, and the Americas.

Horizon Bancorp

Market Cap: US$930.3m

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

PEXA Group

Market Cap: AU$2.4b

Operates a digital property settlements platform in Australia.

Workday

Market Cap: US$41.8b

Provides enterprise cloud applications in the United States and internationally.

Kitron

Market Cap: NOK 18.6b

Operates as an electronics manufacturing services provider in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, China, Malaysia, and the United States.

Hypera

Market Cap: R$15.0b

Operates as a pharmaceutical company in Brazil.

Cambi

Market Cap: NOK 2.8b

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

Power Solutions International

Market Cap: US$1.6b

Designs, engineers, manufactures, markets, and sells engines and power systems in the United States, North America, the Pacific Rim, Europe, and internationally.

EcoUp Oyj

Market Cap: €15.8m

Develops, manufactures, and sells construction products and raw materials in Finland, EU Countries, and internationally.

Talgo

Market Cap: €381.8m

Engages in design, manufacture, and maintenance of railway and auxiliary machinery for the maintenance of railway systems rolling stock worldwide.

Nokian Panimo Oyj

Market Cap: €25.0m

Engages in the brewery business in Finland.

Streamwide

Market Cap: €195.8m

Designs, develops, markets, and maintains a set of service software for mobiles and telecommunication operators worldwide.

MFE-Mediaforeurope

Market Cap: €2.3b

Operates in the television industry in Italy and Spain.

Guoquan Food (Shanghai)

Market Cap: HK$11.0b

Operates as a home meal products company in Mainland China.

Datadog

Market Cap: US$39.2b

Operates an observability and security platform for cloud applications in the United States and internationally.

Peraso

Market Cap: US$7.9m

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

Capricorn Metals

Market Cap: AU$5.9b

Explores, develops, evaluates, and produces gold in Australia.

Grieg Seafood

Market Cap: NOK 8.2b

Through its subsidiaries, operates as a fish farming company in Norway, the United Kingdom, rest of Europe, the United States, Canada, Asia, and internationally.

Spotify Technology

Market Cap: US$87.1b

Provides audio streaming subscription services worldwide.

Circle

Market Cap: €42.7m

Provides management consultancy, IT, and software solutions for the port, maritime, and logistics sectors in Italy.

Sprout Social

Market Cap: US$467.0m

Designs, develops, and operates a web-based social media management platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

DIGITAL HEARTS HOLDINGS

Market Cap: JP¥20.3b

Engages in the debugging, media, and other businesses.

Dometic Group

Market Cap: SEK 12.9b

Provides mobile living solutions for food and beverage, climate, power and control, and other applications in the United States, Germany, Australia, Italy, France, the United Kingdom, Japan, Canada, the Netherlands, Sweden, and internationally.

GB Group

Market Cap: UK£514.8m

Provides identity data intelligence products and services in the United Kingdom, the United States, Australia, and internationally.

Helens International Holdings

Market Cap: HK$1.1b

An investment holding company, engages in the bar operations and franchise business in the People’s Republic of China (PRC) and Hong Kong.

Restar

Market Cap: JP¥84.0b

Engages in the sale of semiconductors, electronic components, image sensors, cameras, peripheral equipment, and related products in Japan, China, South Korea, Vietnam, Taiwan, and internationally.

Quants Research Institute Holdings

Market Cap: JP¥57.6b

Engages in the mergers and acquisitions (M&A) intermediary activities in Japan.