Global Undervalued Stocks Based On Cash Flows

Xi'an NovaStar Tech

Market Cap: CN¥14.0b

Designs and develops light-emitting diode (LED) display control solutions in China and internationally.

Guangdong Lyric Robot AutomationLtd

Market Cap: CN¥9.7b

Guangdong Lyric Robot Automation Co.,Ltd.

Superloop

Market Cap: AU$1.6b

Operates as a telecommunications and internet service provider in Australia.

Xiaocaiyuan International Holding

Market Cap: HK$12.0b

An investment holding company, engages in the restaurant business in the People’s Republic of China.

EROAD

Market Cap: NZ$426.6m

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

Kuros Biosciences

Market Cap: CHF 1.1b

Engages in the commercialization and development of biologic technologies for musculoskeletal care in the United States of America, the European Union, and internationally.

Suzhou Zelgen BiopharmaceuticalsLtd

Market Cap: CN¥29.8b

Suzhou Zelgen Biopharmaceuticals Co.,Ltd.

Atea

Market Cap: NOK 15.8b

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

Echo Investment

Market Cap: zł2.2b

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

Sparebank 68° Nord

Market Cap: NOK 520.5m

Operates as a savings bank that provides a range of banking services to personal and corporate market in Norway.

IDI

Market Cap: €566.5m

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.

Andes Technology

Market Cap: NT$14.1b

Provides embedded system application solutions.

archTIS

Market Cap: AU$69.5m

Engages in the design and development of products, solutions, and services for secure information sharing and collaboration in Australia and internationally.

InPost

Market Cap: €6.7b

Operates as an out-of-home e-commerce enablement platform providing parcel locker services in Poland and other European countries.

Robit Oyj

Market Cap: €23.8m

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

Honkarakenne Oyj

Market Cap: €16.4m

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

Absolent Air Care Group

Market Cap: SEK 2.9b

Designs, develops, sells, installs, and maintains air filtration units.

Heartland Group Holdings

Market Cap: NZ$752.1m

Provides various financial services in New Zealand and Australia.

Livero

Market Cap: JP¥9.3b

Provides cloud platforms in Japan.

Lotes

Market Cap: NT$147.8b

Designs, manufactures, and sells electronic interconnect and hardware components in Taiwan, Mainland China, and internationally.

New Wave Group

Market Cap: SEK 14.0b

Designs, acquires, and develops brands and products in the corporate, sports, gifts, and home furnishings sectors in Sweden, the United States, Central Europe, rest of Nordiac countries, Southern Europe, and internationally.

Shoals Technologies Group

Market Cap: US$816.7m

Provides electrical balance of system (EBOS) solutions and components in the United States and internationally.

Alfio Bardolla Training Group

Market Cap: €9.5m

Provides personal finance training services in Italy and internationally.

KeePer Technical Laboratory

Market Cap: JP¥90.9b

Develops, manufactures, and sells car coatings, car washing chemicals and equipment, and other products in Japan.

Corporativo Fragua. de

Market Cap: Mex$51.8b

Operates pharmacy stores under the Superfarmacia name in Mexico.

Shenzhen Sinexcel ElectricLtd

Market Cap: CN¥12.1b

Provides energy interconnection ecosystem in China, rest of Asia, Oceania, Europe, North America, South America, and Africa.

ATON Green Storage

Market Cap: €15.7m

Engages in the production and sale of storage systems for photovoltaic systems and battery energy storage system.

GCH Technology

Market Cap: CN¥6.0b

Researches, develops, produces, and sells nucleating agents, synthetic hydrotalcites, and composite additives in China and internationally.

Aquila Part Prod Com

Market Cap: RON 1.8b

Provides distribution and logistics services in Romania, Moldova, Poland, the Netherlands, Germany, and internationally.

Santos Brasil Participações

Market Cap: R$12.2b

Provides port container handling and logistics services in Brazil.

Austal

Market Cap: AU$2.8b

Engages in the design, manufacture, and support of vessels for commercial and defense customers worldwide.

Bike24 Holding

Market Cap: €140.4m

Operates online cycling platforms in Germany, Austria, Switzerland, rest of Europe, and internationally.

Inspur Digital Enterprise Technology

Market Cap: HK$12.0b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

Niagen Bioscience

Market Cap: US$808.8m

Operates as a bioscience company engages in developing healthy aging products.

First Commonwealth Financial

Market Cap: US$1.8b

A financial holding company, provides various consumer and commercial banking products and services in the United States.

Patel Engineering

Market Cap: ₹31.9b

Provides infrastructure and construction services in India and internationally.