Global Undervalued Stocks Based On Cash Flows

Begbies Traynor Group

Market Cap: UK£177.5m

Provides business recovery, financial advisory, and property services consultancy services in the United Kingdom.

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.

GPT Healthcare

Market Cap: ₹12.1b

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

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.

Shanghai Conant Optical

Market Cap: HK$18.2b

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

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.

Genesis Minerals

Market Cap: AU$7.8b

Engages in the gold mining, project development and exploration activities in Western Australia.

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.

PetroVietnam Power Corporation - JSC

Market Cap: ₫33.1t

Engages in the production and distribution of industrial and consumer electricity in Vietnam.

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.

Aker BioMarine

Market Cap: NOK 7.5b

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

Allegro.eu

Market Cap: zł34.1b

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

Micro Systemation

Market Cap: SEK 1.1b

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

Wix.com

Market Cap: US$7.3b

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

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.

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.

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥32.5b

Designs, develops, manufactures, sells, and supplies auto parts in China.

Japan Eyewear Holdings

Market Cap: JP¥49.8b

Through its subsidiaries, engages in the planning, designing, manufacturing, wholesaling, and retailing of eyewear products in Japan.

Chifeng Jilong Gold MiningLtd

Market Cap: CN¥58.0b

Engages in mining, metallurgical processing, and sales of gold worldwide.

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.

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.

Airtasker

Market Cap: AU$164.9m

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

Dogus Otomotiv Servis ve Ticaret

Market Cap: ₺37.9b

Operates as an automotive importer and distributor in Turkey.

Santos Brasil Participações

Market Cap: R$12.5b

Provides port and logistics services in Brazil.

Sandoz Group

Market Cap: CHF 20.9b

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

ChoiceOne Financial Services

Market Cap: US$394.7m

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

LITALICO

Market Cap: JP¥43.7b

Operates school for learning and preschool in Japan.

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.

Zhejiang Tenchen Controls

Market Cap: CN¥3.9b

Engages in the research, development, production, sale, and service of automobile seats in China 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.

Xplora Technologies

Market Cap: NOK 2.0b

An information technology company, develops wearable smart devices and connectivity services for kids and families in Germany, Sweden, Norway, the United Kingdom, Finland, Denmark, Spain, the United States, and France.

MAAS Group Holdings

Market Cap: AU$1.7b

Together with subsidiaries, engages in the provision of construction materials to the civil infrastructure, renewable energy, building and construction, and mining sectors.

SRV Yhtiöt Oyj

Market Cap: €85.5m

Operates as a project management contractor company in Finland.

DuChemBIOLtd

Market Cap: ₩260.8b

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

STEICO

Market Cap: €296.5m

Develops, produces, and markets ecological construction products made of renewable raw materials in Germany, Austria, Switzerland, Lichtenstein, France, Belgium, Netherlands, Luxemburg, South European countries, and internationally.