Global Undervalued Stocks Based On Cash Flows

Apotea

Market Cap: SEK 10.5b

Operates an online pharmacy in Sweden.

Surgical Science Sweden

Market Cap: SEK 7.5b

Develops and markets virtual reality simulators for evidence-based medical training in Europe, North and South America, Asia, and internationally.

IDI

Market Cap: €563.6m

A private equity firm specializing in leveraged buyouts, expansion capital, middle market, growth capital, acquisition of significant holdings in listed small and medium companies and secondary private equity portfolios, mezzanine financing, loans senior to senior debt, mergers and acquisitions, LBO, development capital, discounted leveraged buyouts loans in mature companies and through co-investments in pre-IPO financing.

Cosmax

Market Cap: ₩2.8t

Researches, develops, produces, and manufactures cosmetic and health function food products in Korea and internationally.

Medhelp Care Aktiebolag

Market Cap: SEK 151.6m

A software-as-a-service company, operates a health platform for data-driven corporate health and supports in Sweden and Denmark.

Accton Technology

Market Cap: NT$446.0b

Researches and develops, manufactures, and sells network communication equipment in Taiwan, America, rest of Asia, Europe, and internationally.

Atea

Market Cap: NOK 15.9b

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

Mandom

Market Cap: JP¥64.4b

Engages in the manufacture and sale of cosmetics, perfumes, and quasi-drugs in Japan, Indonesia, and internationally.

Oriental Kopi Holdings Berhad

Market Cap: RM 1.7b

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

Hostelworld Group

Market Cap: UK£158.8m

Operates as an online travel agent focused on the hostel market in Europe, the United States of America, Asia, Africa, and Oceania.

Camden National

Market Cap: US$717.2m

Operates as the bank holding company for Camden National Bank that provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers in the United States.

adidas

Market Cap: €36.7b

Designs, develops, produces, and markets athletic and sports lifestyle products in Europe, North America, Greater China, Latin America, Japan, and South Korea.

Acadia Realty Trust

Market Cap: US$2.6b

An equity real estate investment trust focused on delivering long-term, profitable growth.

Almirall

Market Cap: €2.3b

Operates as a skin health-focused biopharmaceutical company in Spain, Europe, the Middle East, the United States, Asia, and Africa.

PropNex

Market Cap: S$991.6m

An investment holding company, provides real estate services in Singapore.

ACNB

Market Cap: US$455.3m

A financial holding company, offers banking, insurance, and financial services to individual, business, and government customers in the United States.

QPR Software Oyj

Market Cap: €15.8m

Provides services and software tools for developing business processes and enterprise architecture in Finland, rest of Europe, Russia, Turkey, and internationally.

Honkarakenne Oyj

Market Cap: €16.0m

Designs, manufactures, and sells log and solid-wood house packages in Finland.

HL Holdings

Market Cap: ₩384.7b

Engages in the automobile, construction, and education/sports businesses in South Korea and internationally.

Green Oleo

Market Cap: €25.7m

Produces and sells fine oleochemicals from bridgeable and renewable sources.

Medy-Tox

Market Cap: ₩1.1t

Operates as a biopharmaceutical company in South Korea.

Robert Half

Market Cap: US$4.2b

Provides talent solutions and business consulting services in the United States and internationally.

TBC Bank Group

Market Cap: UK£2.7b

Through its subsidiaries, provides banking, leasing, insurance, brokerage, and card processing services to corporate and individual customers in Georgia, Azerbaijan, and Uzbekistan.

Astroscale Holdings

Market Cap: JP¥79.1b

Provides on-orbit service solutions.

Atlantic Union Bankshares

Market Cap: US$4.8b

Operates as the bank holding company for Atlantic Union Bank that provides banking and related financial products and services to consumers and businesses in the United States.

Vistry Group

Market Cap: UK£2.0b

Provides housing solutions in the United Kingdom.

StrongPoint

Market Cap: NOK 514.4m

Engages in the development, sale, and implementation of integrated technology solutions to retailers in Scandinavia and internationally.

Hybrid Software Group

Market Cap: €114.7m

Develops software and hardware technology solutions for graphics and industrial inkjet printing in the United Kingdom, rest of Europe, North and South America, and Asia.

JOST Werke

Market Cap: €780.8m

Manufactures and supplies safety-critical systems for the commercial vehicle industry in Germany, Europe, North America, Asia, Pacific, and Africa.

Mon Courtier Energie Groupe

Market Cap: €20.0m

Operates energy brokerage network in France.

ALUX

Market Cap: ₩154.1b

Manufactures, supplies, and sells educational robots and drones to the education markets in South Korea.

Livero

Market Cap: JP¥9.2b

Provides cloud platforms in Japan.

Selvita

Market Cap: zł583.7m

Operates as a contract research organization worldwide.

HDC Hyundai Development

Market Cap: ₩1.5t

Operates as a financial real estate company, provides real estate services primarily in South Korea.

I.CO.P.. Società Benefit

Market Cap: €402.7m

Engages in providing construction and special engineering services to public and private clients in Italy and internationally.

Trøndelag Sparebank

Market Cap: NOK 543.7m

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