Global Undervalued Stocks Based On Cash Flows

Airtel Africa

Market Cap: UK£10.7b

Provides telecommunications and mobile money services in Nigeria, East Africa, and Francophone Africa.

Huntington Bancshares

Market Cap: US$24.0b

Operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States.

Recupero Etico Sostenibile

Market Cap: €81.5m

Provides waste management services in Italy.

Atea

Market Cap: NOK 16.6b

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

STEICO

Market Cap: €277.7m

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.

Eco-Shop Marketing Berhad

Market Cap: RM 8.3b

An investment holding company, operates a chain of dollar stores in Malaysia.

Vistry Group

Market Cap: UK£2.0b

Provides housing solutions in the United Kingdom.

Guoquan Food (Shanghai)

Market Cap: HK$10.6b

Operates as a home meal products company in Mainland China.

First Busey

Market Cap: US$2.0b

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.

B&S Group

Market Cap: €500.0m

Distributes consumer goods worldwide.

Empreendimentos Pague Menos

Market Cap: R$2.7b

Engages in the retail sale of medicines, perfumes, personal hygiene and beauty products in Brazil.

Oddity Tech

Market Cap: US$2.4b

Operates as a consumer tech company that builds digital-first brands for the beauty and wellness industries in the United States and internationally.

Daldrup & Söhne

Market Cap: €94.6m

Provides drilling and environmental services in Germany and Central Europe.

Old National Bancorp

Market Cap: US$8.1b

Operates as the bank holding company for Old National Bank that provides consumer and commercial banking services in the United States.

AbbVie

Market Cap: US$383.1b

A research-based biopharmaceutical company, engages in the research and development, manufacture, commercialization, and sale of medicines and therapies worldwide.

LianChuang Electronic TechnologyLtd

Market Cap: CN¥10.5b

Engages in the research and development, production, and sale of optics and optoelectronics in China and internationally.

PVA TePla

Market Cap: €496.2m

Offers systems and solutions to produce components for energy storage systems, photovoltaic modules, and wind turbines worldwide.

New Zealand King Salmon Investments

Market Cap: NZ$104.9m

Engages in the farming, processing, and sale of salmon products in New Zealand, North America, Australia, Japan, Europe, China, and internationally.

Gooch & Housego

Market Cap: UK£152.3m

Engages in the manufacture and sale of acousto-optics, electro-optics, fiber optics, and precision optics and systems in the United Kingdom, North America, Europe, the Asia Pacific, and internationally.

Barratt Redrow

Market Cap: UK£5.3b

Engages in the housebuilding business in the United Kingdom.

Brisanet Serviços de Telecomunicações

Market Cap: R$1.3b

Brisanet Serviços de Telecomunicações S.A.

E-Globe

Market Cap: €11.9m

Engages in the online sale of air conditioners, boilers, stoves, solar panels, fan coils, heat pumps, and water heaters in Italy and internationally.

IbidenLtd

Market Cap: JP¥1.9t

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

Roche Bobois

Market Cap: €356.4m

Engages in the furniture design and distribution business in France and internationally.

Genius Sports

Market Cap: US$2.6b

Engages in the development and sale of technology-led products and services to the sports, sports betting, and sports media industries.

Insource

Market Cap: JP¥71.0b

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

doValue

Market Cap: €500.7m

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.

Chongqing Baiya Sanitary Products

Market Cap: CN¥9.6b

Chongqing Baiya Sanitary Products Co., Ltd.

Xi'an International Medical Investment

Market Cap: CN¥10.7b

Provides healthcare services.

EROAD

Market Cap: NZ$333.9m

Provides electronic on-board units and software as a service to the transport industry in New Zealand, the United States, and Australia.

NEUCA

Market Cap: zł3.5b

Engages in the wholesale distribution of pharmaceuticals in Poland.

Begbies Traynor Group

Market Cap: UK£178.8m

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

MoneyHero

Market Cap: US$54.1m

Operates a personal finance aggregation and comparison platform for banking, insurance, and other financial products.

Fevertree Drinks

Market Cap: UK£951.2m

Engages in the development and sale of mixer drinks in the United Kingdom, the United States, Europe, and internationally.

Advanced Braking Technology

Market Cap: AU$47.7m

Engages in the research, design, development, manufacture, distribution, and sale of braking solutions worldwide.

Visional

Market Cap: JP¥400.3b

Provides human resources platform solutions in Japan.