Global Undervalued Stocks Based On Cash Flows

VIGO Photonics

Market Cap: zł456.6m

Manufactures and sells semiconductor materials, and devices for photonic and microelectronic applications worldwide.

Horizon Bancorp

Market Cap: US$654.4m

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

PixArt Imaging

Market Cap: NT$32.3b

Researches, designs, produces, and sells CMOS image sensors and related ICs in Taiwan, Hong Kong, China, Japan, and internationally.

Séché Environnement

Market Cap: €768.6m

Engages in the management, recovery, and treatment of waste products for industrial and corporate customers, and local authorities in France and internationally.

Dialog Axiata

Market Cap: LK₨163.8b

Provides communication and telecommunication infrastructure services to individuals and corporates in Sri Lanka.

Mid Penn Bancorp

Market Cap: US$516.7m

Operates as the bank holding company for Mid Penn Bank that provides commercial banking services to individuals, partnerships, non-profit organizations, and corporations.

Sahara International Petrochemical

Market Cap: ر.س13.7b

Owns, establishes, operates, and manages industrial projects related to chemical and petrochemical industries in the Kingdom of Saudi Arabia.

Excelerate Energy

Market Cap: US$3.2b

Provides liquefied natural gas (LNG) solutions worldwide.

ReadyTech Holdings

Market Cap: AU$287.0m

Provides technology-based solutions in Australia.

Central Pacific Financial

Market Cap: US$720.3m

Operates as the bank holding company for Central Pacific Bank that provides a range of commercial banking products and services to businesses, professionals, and individuals in the United States.

cottaLTD

Market Cap: JP¥4.6b

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

Kolibri Global Energy

Market Cap: CA$356.7m

Engages in the exploration and exploitation of oil, gas, and clean and sustainable energy reserves in the United States.

Dive

Market Cap: JP¥7.8b

Primarily provides staffing and recruitment services for resorts.

Zhuhai CosMX Battery

Market Cap: CN¥15.2b

Manufactures and supplies polymer lithium-ion batteries worldwide.

Lincoln Educational Services

Market Cap: US$751.9m

Provides various career-oriented postsecondary education services to high school graduates and working adults in the United States.

ikeGPS Group

Market Cap: NZ$156.0m

Engages in the design, sale, and delivery of a solution for the collection, analysis, and management of distribution assets for electric utilities and communications companies in the United States.

Lyft

Market Cap: US$6.4b

Operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada.

e.l.f. Beauty

Market Cap: US$6.3b

Provides cosmetic and skin care products worldwide.

Asia Commercial Bank

Market Cap: ₫108.4t

Provides various banking products and services to personal and business customers in Vietnam.

Victrex

Market Cap: UK£676.7m

Through its subsidiaries, engages in the manufacture and sale of polymer solutions worldwide.

Pagaya Technologies

Market Cap: US$1.2b

A product-focused technology company, deploys data science and proprietary artificial intelligence-powered technology for financial services and other service providers, their customers, and asset investors in the United States, Israel, and the Cayman Islands.

Trøndelag Sparebank

Market Cap: NOK 547.5m

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

Clearfield

Market Cap: US$513.3m

Manufactures and sells various fiber connectivity products in the United States and internationally.

China Kings Resources GroupLtd

Market Cap: CN¥12.9b

Invests in and develops fluorite mines in the People’s Republic of China.

BalnibarbiLtd

Market Cap: JP¥12.6b

Operates and manages restaurants in Japan.

Nexstim

Market Cap: €57.3m

A medical technology company, engages in the development of non-invasive brain stimulation technologies in Finland, rest of Europe, North America, and internationally.

Clemondo Group

Market Cap: SEK 149.5m

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

Peoples Financial Services

Market Cap: US$480.4m

Provides commercial and retail banking services.

MicroPort CardioFlow Medtech

Market Cap: HK$2.0b

A medical device company, engages in the research, development, and commercialization of transcatheter and surgical solutions for structural heart diseases in the People’s Republic of China and internationally.

Alexander Marine

Market Cap: NT$14.1b

Engages in the design, manufacture, and sale of yachts in Taiwan, Europe, Australia, and the United States.

Fuji

Market Cap: JP¥200.8b

Manufactures and sells machines and machine tools in Japan.

Just Group

Market Cap: UK£1.6b

Provides various retirement income products and services to individual, homeowners, and corporate clients in the United Kingdom.

Lectra

Market Cap: €913.9m

Provides industrial intelligence solutions for fashion, automotive, furniture markets, and other industries in Europe, the Americas, the Asia Pacific, and internationally.

Oriental Kopi Holdings Berhad

Market Cap: RM 1.6b

Owns and operates café chain under the Oriental Kopi brand name in Malaysia and internationally.

Arrow Financial

Market Cap: US$429.4m

A bank holding company, provides various commercial and consumer banking, and financial products and services in the Unites States.

StoneCo

Market Cap: US$3.7b

Provides financial technology and software solutions to merchants and integrated partners to conduct electronic commerce across in-store, online, and mobile channels in Brazil.