Global Materials Undervalued Stocks Based On Cash Flows

Saudi Paper Manufacturing

Market Cap: ر.س1.8b

Engages in the manufacture and sale of tissue papers in the Kingdom of Saudi Arabia, Gulf Cooperation Council countries, and internationally.

Warrior Met Coal

Market Cap: US$4.3b

Engages in the production and export of non-thermal steelmaking coal for the steel production by metal manufacturers in Europe, South America, and Asia.

Ningxia Building Materials GroupLtd

Market Cap: CN¥6.6b

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

Tongguan Gold Group

Market Cap: HK$12.0b

An investment holding company, engages in the exploration, mining, processing, smelting, and sale of gold and related products in China.

Yanbu National Petrochemical

Market Cap: ر.س18.0b

Manufactures and sells petrochemical products in the Kingdom of Saudi Arabia, the United States, Africa, the Middle East, Europe, and Asia.

KB Components

Market Cap: SEK 2.5b

Designs, develops, manufactures, and sells polymer components for light vehicles, heavy vehicles, medical, furniture, lighting, chrome plating, and industrial applications in Sweden and internationally.

Cydsa. de

Market Cap: Mex$9.3b

Together its subsidiaries, produces and markets salt, chlorine, caustic soda, and refrigerant gases, electricity and steam cogeneration, and underground storage of hydrocarbons in Mexico, the United States, Canada, Central and South America, Asia, and Europe.

Forterra

Market Cap: UK£375.4m

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

Zignago Vetro

Market Cap: €626.7m

Produces, markets, and sells hollow glass containers in Italy, rest of Europe, and internationally.

Sichuan Guoguang Agrochemical

Market Cap: CN¥6.8b

Engages in the research and development, manufacture, marketing, and distribution of agrochemical products and materials in China and internationally.

SigmaRoc

Market Cap: UK£1.2b

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

Metsä Board Oyj

Market Cap: €1.1b

Engages in the folding boxboard, fresh fibre linerboard, and market pulp businesses in Finland and internationally.

Nippon Steel

Market Cap: JP¥3.2t

Engages in steelmaking and steel fabrication, engineering, chemicals and materials, and system solutions businesses in Japan and internationally.

Tokai Carbon

Market Cap: JP¥211.1b

Manufactures and sells carbon-related products and services in Japan.

Anhui Jinhe IndustrialLtd

Market Cap: CN¥11.0b

Engages in the research and development, production, and sales of food additives, daily chemical flavors, bulk chemicals, and intermediates.

Nickel Industries

Market Cap: AU$2.9b

Engages in nickel ore mining, nickel pig iron, cobalt, and nickel matte production activities.

Ultrafabrics HoldingsLtd

Market Cap: JP¥11.9b

Manufactures and sells polyurethane leather products in Japan, North America, Europe, and internationally.

Artemis Gold

Market Cap: CA$8.0b

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

AlzChem Group

Market Cap: €1.4b

Develops, produces, and markets a range of chemical specialties in Germany, European Union, rest of Europe, Asia, NAFTA region, and internationally.

Empresas CMPC

Market Cap: CL$3.4t

Engages in the production and sale of pulp and wood products in Chile and internationally.

Sobute New Materials

Market Cap: CN¥4.4b

Engages in the research, development, production, and sale of concrete admixtures in Mainland China and internationally.

Delignit

Market Cap: €20.5m

Engages in the development, production, and sale of ecological materials and system solutions in Germany.

Vedanta

Market Cap: ₹2.0t

A diversified natural resources company, explores, extracts, and processes minerals, and oil and gas in India, Europe, China, the United States, Mexico, and internationally.

Lynas Rare Earths

Market Cap: AU$13.6b

Engages in the exploration, development, mining, extraction, and processing of rare earth minerals in Australia and Malaysia.

Wanguo Gold Group

Market Cap: HK$35.0b

An investment holding company, engages in mining, ore processing, and sale of concentrate products in the People’s Republic of China and Solomon Islands.

Americas Gold and Silver

Market Cap: CA$1.5b

Engages in the exploration, development, and production of mineral properties in the Americas.

Aya Gold & Silver

Market Cap: CA$2.0b

Engages in the exploration, evaluation, and development of precious metals projects in Morocco.

BEWI

Market Cap: NOK 3.9b

Produces, markets, and sells packaging, components, and insulation solutions in Norway and internationally.

Archi Indonesia

Market Cap: Rp28.6t

Through its subsidiaries, engages in the mining, trading, and processing of gold properties in Indonesia.

5N Plus

Market Cap: CA$1.8b

Produces and sells specialty semiconductors and performance materials in the Americas, Europe, Asia, and internationally.

MOIL

Market Cap: ₹72.9b

Engages in the exploration, development, and marketing of various grades of manganese ores in India and Internationally.

Advanced Nano Products

Market Cap: ₩736.8b

Manufactures and sells high-tech materials, such as displays, semiconductors, secondary batteries, and solar cells in South Korea and internationally.

Zhejiang Jiemei Electronic And Technology

Market Cap: CN¥13.7b

Engages in the research and development, production, and sales of consumable materials for electronic components in China and internationally.

Acerinox

Market Cap: €2.8b

Manufactures, process, and markets stainless steel products in Spain, the United States, Africa, Asia, Rest of Europe, and internationally.

Greenpanel Industries

Market Cap: ₹35.0b

Engages in the manufacturing and sale of plywood, medium density fibre board (MDF), and allied products under the Greenpanel brand name in India and internationally.

Cahya Mata Sarawak Berhad

Market Cap: RM 1.6b

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