Global Undervalued Stocks Based On Cash Flows

Liontown Resources

Market Cap: AU$3.0b

Engages in the exploration, evaluation, and development of mineral properties in Australia.

MTN Group

Market Cap: R314.8b

Provides mobile telecommunications services in South Africa, Nigeria, South and East Africa, West and Central Africa, and the Middle East and North Africa.

ImmunityBio

Market Cap: US$2.6b

A commercial stage biotechnology company, develops next-generation therapies that bolster the natural immune systems to defeat cancers and infectious diseases.

Pandora

Market Cap: DKK 66.5b

Engages in the designing, manufacturing, and marketing of jewelry products.

Ülker Bisküvi Sanayi

Market Cap: ₺39.4b

Manufactures, markets, and sells biscuits, chocolates, chocolate coated biscuits, wafers, and cakes in Turkey and internationally.

Likewise Group

Market Cap: UK£65.2m

Likewise Group Plc, together with its subsidiaries, wholesales and distributes floorcoverings, rugs, and matting products for domestic and commercial flooring markets in the United Kingdom and Rest of Europe.

Cahya Mata Sarawak Berhad

Market Cap: RM 1.7b

An investment holding company, engages in the manufacture and trading of cement and construction materials in Malaysia and internationally.

Artemis Gold

Market Cap: CA$7.5b

Focuses on the identification, acquisition, and development of gold properties.

COVER

Market Cap: JP¥121.6b

COVER Corporation distribute videos and music through VTubers distribution platform in Japan.

Talgo

Market Cap: €315.9m

Engages in design, manufacture, and maintenance of railway and auxiliary machinery for the maintenance of railway systems rolling stock worldwide.

Enovix

Market Cap: US$2.4b

Designs, develops, and manufactures lithium-ion battery cells in the United States and internationally.

Teikoku Sen-i

Market Cap: JP¥87.3b

Manufactures and sells disaster prevention products and equipment in Japan.

Forterra

Market Cap: UK£384.3m

Engages in the manufacturing and sale of building products made from clay and concrete in the United Kingdom.

AstraZeneca

Market Cap: UK£192.4b

A biopharmaceutical company, focuses on the discovery, development, manufacture, and commercialization of prescription medicines.

Electro Optic Systems Holdings

Market Cap: AU$1.3b

Engages in the development, manufacture, and sale of telescopes and dome enclosures, laser satellite tracking systems, and remote weapon systems.

Arcoma

Market Cap: SEK 123.9m

Develops, produces, and provides radiology solutions and digital x-ray systems worldwide.

Fifth Third Bancorp

Market Cap: US$28.1b

Operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States.

Takara Bio

Market Cap: JP¥109.3b

Engages in the businesses of reagents, equipment, contract services, and genetic medicine in Japan, China, the rest of Asia, the United States, Europe, and internationally.

Udemy

Market Cap: US$1.0b

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.

Ningxia Building Materials GroupLtd

Market Cap: CN¥6.4b

Manufactures and sells cement, cement clinkers, concrete, and aggregates in China.

Andes Technology

Market Cap: NT$13.6b

Provides embedded system application solutions.

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.

First Busey

Market Cap: US$2.1b

Operates as the bank holding company for Busey Bank that engages in the provision of retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States.

IbidenLtd

Market Cap: JP¥1.9t

Manufactures and sells electronic and ceramics products in Japan, Asia, North America, and internationally.

Hypera

Market Cap: R$14.8b

Operates as a pharmaceutical company in Brazil.

High Quality Food

Market Cap: €6.8m

Engages in the production, transformation, and distribution of food products in Italy and internationally.

SigmaRoc

Market Cap: UK£1.3b

Through its subsidiaries, invests in and/or acquires projects in the quarried materials sector.

Advanced Medical Solutions Group

Market Cap: UK£470.0m

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.

CICT Mobile Communication Technology

Market Cap: CN¥23.4b

CICT Mobile Communication Technology Co., Ltd.

Echo Investment

Market Cap: zł2.3b

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

Japan Eyewear Holdings

Market Cap: JP¥49.7b

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

GPT Healthcare

Market Cap: ₹12.3b

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

EVE Energy

Market Cap: CN¥170.4b

Engages in the research, development, production, and sales of lithium batteries in China and internationally.

Robit Oyj

Market Cap: €23.3m

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

Airtasker

Market Cap: AU$166.1m

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

Exel Composites Oyj

Market Cap: €38.2m

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.