Global Undervalued Stocks Based On Cash Flows

Matsuya R&DLtd

Market Cap: JP¥15.2b

Develops, manufactures, and sells stitching systems for automobile safety devices in Japan.

Echo Investment

Market Cap: zł2.2b

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

ATON Green Storage

Market Cap: €15.4m

Engages in the production and sale of storage systems for photovoltaic systems and battery energy storage system.

Atea

Market Cap: NOK 15.8b

Provides IT infrastructure and related solutions for businesses and public sector organizations in the Nordic countries and Baltic regions.

Finger

Market Cap: ₩123.7b

A fintech company, provides digital financial solutions.

Xi'an NovaStar Tech

Market Cap: CN¥14.3b

Designs and develops light-emitting diode (LED) display control solutions in China and internationally.

Unimicron Technology

Market Cap: NT$217.8b

Engages in the development, manufacturing, processing, and sale of printed circuit boards, electrical equipment, electronic products, and testing and burn-in systems for integrated circuit products worldwide.

Digital Workforce Services Oyj

Market Cap: €38.7m

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

Udemy

Market Cap: US$1.1b

A learning company, that operates a marketplace platform for learning skills in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Sparebank 68° Nord

Market Cap: NOK 530.7m

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

ams-OSRAM

Market Cap: CHF 1.0b

Engages in the design, manufacture, and sale of LED and optical sensor solutions in Europe, the Middle East, Africa, the Americas, and the Asia/Pacific.

Exel Composites Oyj

Market Cap: €40.6m

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.

Heartland Group Holdings

Market Cap: NZ$752.1m

Provides various financial services in New Zealand and Australia.

cyan

Market Cap: €44.8m

Through its subsidiaries, provides cybersecurity solutions and telecommunication services in Europe, the Middle East, Africa, and the Asia-Pacific.

Corsair Gaming

Market Cap: US$957.5m

Designs and sells gaming and streaming peripherals, components, and systems in Europe, the Middle East, North Africa, North America, Latin America, and the Asia Pacific.

innoscripta

Market Cap: €989.0m

Provides software-as-a-service for managing research and development (R&D) tax incentives and project management consulting in Germany.

Robit Oyj

Market Cap: €24.0m

Engages in the design, manufacture, and sale of drilling consumables for mining, quarrying, construction, and well drilling industries in Finland.

SIMMTECH

Market Cap: ₩897.5b

Engages in the developing and manufacturing of high-layer printed circuit boards (PCBs) for semiconductors worldwide.

Vysarn

Market Cap: AU$274.3m

Provides water and environmental services in Western Australia.

GEM

Market Cap: CN¥34.3b

Operates in the waste resource comprehensive utilization industry in China and internationally.

Andes Technology

Market Cap: NT$13.9b

Provides embedded system application solutions.

Pluxee

Market Cap: €2.5b

Offers employee benefits and engagement solutions services in France, Latin America, Continental Europe, and internationally.

Clemondo Group

Market Cap: SEK 135.7m

Develops, manufactures, and sells a range of hygiene and cleaning products for automotive, medical care, and industrial sectors in Sweden.

Aquila Part Prod Com

Market Cap: RON 1.8b

Provides distribution and logistics services in Romania, Moldova, Poland, the Netherlands, Germany, and internationally.

OrbusNeich Medical Group Holdings

Market Cap: HK$4.0b

An investment holding company, engages in the manufacture, trading, sale, and marketing of medical devices/instruments for the treatment of coronary and peripheral vascular diseases.

Santos Brasil Participações

Market Cap: R$12.1b

Provides port container handling and logistics services in Brazil.

Old National Bancorp

Market Cap: US$8.1b

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

Perfect

Market Cap: US$197.6m

An artificial intelligence software as a service company, provides artificial intelligence (AI)- and augmented reality (AR)-powered solutions for beauty, fashion, and skincare industries worldwide.

Appen

Market Cap: AU$239.7m

Operates as an AI lifecycle company that provides data sourcing, data annotation, and model evaluation solutions in Australia, the United States, and internationally.

Privia Health Group

Market Cap: US$2.5b

Operates as a national physician-enablement company in the United States.

ArcticZymes Technologies

Market Cap: NOK 1.0b

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

Granite Ridge Resources

Market Cap: US$686.4m

Operates as a non-operated oil and natural gas exploration and production company.

LigaChem Biosciences

Market Cap: ₩5.4t

A clinical stage biopharmaceutical company, engages in the discovery and development of medicines for unmet medical needs.

Guangdong Lyric Robot AutomationLtd

Market Cap: CN¥9.1b

Guangdong Lyric Robot Automation Co.,Ltd.

Inspur Digital Enterprise Technology

Market Cap: HK$12.5b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

Devsisters

Market Cap: ₩537.3b

Engages in the development of mobile games in South Korea and internationally.