Global Materials Undervalued Stocks Based On Cash Flows

KB Components

Market Cap: SEK 2.3b

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

SigmaRoc

Market Cap: UK£1.3b

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

CEMATRIX

Market Cap: CA$56.3m

Through its subsidiaries, engages in the onsite production of cellular concrete for infrastructure, industrial, and commercial construction markets in North America.

Tongguan Gold Group

Market Cap: HK$11.1b

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

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.

Ningxia Building Materials GroupLtd

Market Cap: CN¥6.7b

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

Artemis Gold

Market Cap: CA$7.5b

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

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.

Kocaer Celik Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺24.6b

Engages in the production and sale of iron and steel products in Turkey and internationally.

Forterra

Market Cap: UK£385.1m

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

Sichuan Guoguang Agrochemical

Market Cap: CN¥6.7b

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

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¥218.0b

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

Anhui Jinhe IndustrialLtd

Market Cap: CN¥10.8b

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

Solvay

Market Cap: €2.7b

Provides basic and performance chemicals worldwide.

Lynas Rare Earths

Market Cap: AU$13.5b

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

Americas Gold and Silver

Market Cap: CA$1.4b

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

Ultrafabrics HoldingsLtd

Market Cap: JP¥12.0b

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

SSR Mining

Market Cap: CA$6.2b

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

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.

Wanguo Gold Group

Market Cap: HK$32.1b

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

Sobute New Materials

Market Cap: CN¥4.4b

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

AlzChem Group

Market Cap: €1.5b

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

Zignago Vetro

Market Cap: €658.5m

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

BEWI

Market Cap: NOK 4.0b

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

Rajratan Global Wire

Market Cap: ₹22.7b

Engages in manufacturing and sale of tyre bead wires in India and Thailand.

MOIL

Market Cap: ₹74.0b

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

Archi Indonesia

Market Cap: Rp28.6t

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

Delignit

Market Cap: €22.1m

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

Nickel Industries

Market Cap: AU$3.0b

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

Saudi Basic Industries

Market Cap: ر.س174.9b

Manufactures, markets, and distributes chemicals, polymers, plastics, and agri-nutrients worldwide.

Acerinox

Market Cap: €2.8b

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

Advanced Nano Products

Market Cap: ₩777.5b

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

Greenpanel Industries

Market Cap: ₹34.3b

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.