Global Undervalued Stocks Based On Cash Flows

SBO

Market Cap: €412.9m

Manufactures and sells steel products worldwide.

Tibet GaoZheng Explosive

Market Cap: CN¥10.6b

Produces and sells civil explosives and blasting products in China.

Anhui Ronds Science & Technology

Market Cap: CN¥4.3b

Provides solutions for machinery condition monitoring in the predictive maintenance field in China.

ArcticZymes Technologies

Market Cap: NOK 1.5b

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

Aecc Aero Science and TechnologyLtd

Market Cap: CN¥9.0b

Engages in the research, development, manufacture, sale, and service of aircraft engines and gas turbine parts in China, rest of Asia, the United States, and Europe.

Guangdong Lyric Robot AutomationLtd

Market Cap: CN¥9.7b

Guangdong Lyric Robot Automation Co.,Ltd.

Aker BioMarine

Market Cap: NOK 7.5b

A biotech innovator, develops and supplies krill-derived products for consumer health and wellness worldwide.

Insource

Market Cap: JP¥75.8b

Provides various lecturer dispatch type training, open lecture, and other services in Japan.

Lingotes Especiales

Market Cap: €56.0m

Together with its subsidiary, Frenos y Conjuntos, engages in the design, development, casting, machining, and assembly of grey and spheroidal iron parts for the automotive sector in Spain, rest of Europe, Africa, and internationally.

On the Beach Group

Market Cap: UK£338.8m

Operates as an online retailer of short haul beach holidays under the On the Beach brand name in the United Kingdom.

Airtasker

Market Cap: AU$164.9m

Engages in the provision of technology-enabled online marketplaces for local services in Australia.

Yangtze Optical Fibre And Cable Limited

Market Cap: HK$49.5b

Engages in the production and sale of optical fiber preforms rods, optical fiber, and optical fiber cables in China and internationally.

Wix.com

Market Cap: US$7.3b

Operates a cloud-based web development platform for registered users and creators worldwide.

GPT Healthcare

Market Cap: ₹12.1b

Owns and operates a chain of multispecialty hospitals under the ILS Hospitals brand name in India.

James Hardie Industries

Market Cap: AU$19.4b

Engages in the manufacture and sale of fiber cement, fiber gypsum, and cement bonded boards in the United States, Australia, Europe, and New Zealand.

Kitron

Market Cap: NOK 11.3b

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

Allegro.eu

Market Cap: zł34.1b

Operates a commerce platform for consumers in Poland, Czech Republic, and internationally.

DSV

Market Cap: DKK 313.9b

Offers transport and logistics services in Europe, the Middle East, Africa, North America, South America, Asia, Australia, and the Pacific.

Dajin Heavy IndustryLtd

Market Cap: CN¥29.5b

Develops, produces, and sells wind power equipment in China.

doValue

Market Cap: €530.6m

Engages in the management of non-performing loans (NLP), unlikely to pay (UTP), early arrears, and performing loans for banks and investors in Italy, Spain, Greece, and Cyprus.

Digital Workforce Services Oyj

Market Cap: €38.9m

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

Hainan Jinpan Smart Technology

Market Cap: CN¥28.7b

Engages in the research and development, production, sale, and servicing of power transmission and distribution, and control equipment products in China.

Shanghai Conant Optical

Market Cap: HK$18.2b

Manufactures and sells resin spectacle lenses in Mainland China, the Americas, Asia, Europe, Oceania, and Africa.

ChoiceOne Financial Services

Market Cap: US$395.8m

Operates as the bank holding company for ChoiceOne Bank that provides banking services in Michigan.

Dogus Otomotiv Servis ve Ticaret

Market Cap: ₺37.9b

Operates as an automotive importer and distributor in Turkey.

PPC

Market Cap: R8.6b

Engages in the production and sale of cement, aggregates, ready mix concrete, and fly ash in South Africa, Botswana, and Zimbabwe.

Advanced Medical Solutions Group

Market Cap: UK£484.0m

Develops, manufactures, and distributes products for the surgical, woundcare, and wound-closure markets in the United Kingdom, Germany, rest of Europe, the United States, and internationally.

Phibro Animal Health

Market Cap: US$1.6b

Operates as an animal health and mineral nutrition company in the United States, Latin America and Canada, Europe, the Middle East, Africa, and the Asia Pacific.

Micro Systemation

Market Cap: SEK 1.1b

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

Mo-BRUK

Market Cap: zł1.0b

Processes industrial, hazardous, and municipal waste in Poland, Germany, Italy, Slovenia, Denmark, Romania, and Lithuania.

DigiTouch

Market Cap: €26.3m

Provides digital marketing and transformation services in Italy.

DuChemBIOLtd

Market Cap: ₩260.8b

Engages in the development, production, and sale of radiopharmaceutical products for cancer diagnosis and treatment in South Korea.

MTN Uganda

Market Cap: USh6.5t

Provides telecommunication and mobile financial services in Uganda.

Norconsult

Market Cap: NOK 14.6b

Provides consultancy services with focus on community planning, engineering design, and architecture in the Nordics and internationally.

LITALICO

Market Cap: JP¥43.7b

Operates school for learning and preschool in Japan.

Sandoz Group

Market Cap: CHF 20.9b

Develops, manufactures, and markets generic pharmaceuticals and biosimilars worldwide.