Global Materials Undervalued Stocks Based On Cash Flows

AECI

Market Cap: R11.2b

Provides products and services for mining, water treatment, plant and animal health, food and beverage, manufacturing, and general industrial sectors.

Genesis Minerals

Market Cap: AU$8.2b

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

Borregaard

Market Cap: NOK 15.9b

Engages in the development, production, and marketing of specialized biochemicals and biomaterials in Norway, rest of Europe, Asia, the United States, and internationally.

Navigator Company

Market Cap: €2.3b

Engages in the production of forestry, pulp, paper, tissue, and packaging solutions worldwide.

Gujarat Fluorochemicals

Market Cap: ₹520.4b

Engages in the manufacture and trading of refrigerant gases, fluorochemicals, fluoropolymers, battery chemicals, wind energy, and renewable energy solutions in India, Europe, the United States, and internationally.

Hemlo Mining

Market Cap: CA$2.1b

Engages in the production and operation of gold mining assets in Canada.

OYAK Çimento Fabrikalari

Market Cap: ₺106.1b

Engages in the production and sale of clinker and cement in Turkey.

S H Kelkar

Market Cap: ₹23.6b

Manufactures and supplies fragrances, flavors, and aroma ingredients in India, Europe, and internationally.

Zijin Gold International

Market Cap: HK$341.2b

An investment holding company, engages in the exploration, mining, processing, smelting, refining, and sale of gold and other non-ferrous metals.

Bellevue Gold

Market Cap: AU$2.2b

Engages in the exploration, development, mining, and processing of gold properties in Australia.

China XLX Fertiliser

Market Cap: HK$13.5b

An investment holding company, engages in the development, manufacture, and sale of urea primarily in Mainland China and internationally.

TMK Chemical Bhd

Market Cap: RM 2.8b

Engages in sourcing, processing, and distribution of inorganic chemicals and value-added services in Malaysia, Vietnam, Singapore, Indonesia, Brunei and internationally.

D.G. Khan Cement

Market Cap: PK₨94.6b

Produces and sells clinker, low alkali cement, and ordinary Portland and sulphate resistant cement in Pakistan.

Coeur Mining

Market Cap: US$19.0b

Operates as a gold and silver producer in the United States, Canada, and Mexico.

Sensient Technologies

Market Cap: US$5.5b

Manufactures and markets colors, flavors, and other specialty ingredients worldwide.

ERAMET

Market Cap: €1.3b

Produces and sells manganese and nickel metals in Asia, Europe, North America, and internationally.

SSR Mining

Market Cap: CA$9.0b

Engages in the acquisition, exploration, and development of precious metal resource properties in the United States, Türkiye, Canada, and Argentina.

Wesdome Gold Mines

Market Cap: CA$4.7b

Wesdome Gold Mines Ltd. mines, develops, and explores for gold and silver deposits in Canada.

Greenply Industries

Market Cap: ₹35.1b

An interior infrastructure company, engages in the manufacture, sale, and trading of plywood and allied products in India and internationally.

Anhui Tongguan Copper Foil Group

Market Cap: CN¥101.6b

Engages in the research, development, manufacture, and sales of various electronic copper foils in China and internationally.

Aurelia Metals

Market Cap: AU$643.5m

Engages in the exploration and production of mineral properties in Australia.

Tubacex

Market Cap: €377.2m

Engages in the manufacturing and sale of stainless steel and nickel tubes in Spain and internationally.

Yanbu National Petrochemical

Market Cap: ر.س17.5b

Manufactures and sells petrochemical products in the Kingdom of Saudi Arabia.

Titomic

Market Cap: AU$265.0m

Offers manufacturing and technology solutions for high-performance metal additive manufacturing in Australia, the United States, and Europe.

Bumi Resources Minerals

Market Cap: Rp87.9t

Through its subsidiaries, engages in the exploration and development of mineral properties in Asia.

Evolve Royalties

Market Cap: CA$147.7m

Operates as a copper-focused royalty and streaming company in Canada.

Huhtamaki India

Market Cap: ₹20.9b

Engages in the manufacture and sale of packaging materials in India.

Indian Metals and Ferro Alloys

Market Cap: ₹75.8b

Engages in the production and sale of ferro chrome in India and internationally.

Outokumpu Oyj

Market Cap: €2.7b

Produces and sells various stainless-steel products in Finland, Germany, Italy, the United Kingdom, other European countries, North America, the Asia-Pacific, and internationally.

Sibanye Stillwater

Market Cap: R123.1b

Operates as a precious metals mining company in South Africa, the United States, Europe, and Australia.

Griffin Mining

Market Cap: UK£478.6m

A mining and investment company, engages in the mining, exploration, and development of mineral properties.

MEC

Market Cap: JP¥137.7b

Engages in the research and development, production, and sale of chemicals, equipment, and related materials for the production of printed circuit boards in Japan, Taiwan, Hong Kong, China, Thailand, and Europe.

Vysarn

Market Cap: AU$678.1m

Provides water services to various sectors, including resources, urban development, government and utilities in Australia.

Denka

Market Cap: JP¥304.8b

Manufactures and sells organic and inorganic, electronic material, pharmaceutical, and resin-related products in Japan, Asia, and internationally.

Jiaxin International Resources Investment

Market Cap: HK$26.8b

Operates as a tungsten mining company focusing on the development of the Boguty Project based in the Republic of Kazakhstan.

Pan American Silver

Market Cap: CA$27.5b

Engages in the exploration, mine development, extraction, processing, refining, and reclamation of mines in Chile, Peru, Brazil, Mexico, Canada, Argentina, Bolivia, and Guatemala.