Global Retail Undervalued Stocks Based On Cash Flows

Likewise Group

Market Cap: UK£65.2m

Likewise Group Plc, together with its subsidiaries, wholesales and distributes floorcoverings, rugs, and matting products for domestic and commercial flooring markets in the United Kingdom and Rest of Europe.

Sea

Market Cap: US$92.5b

Through its subsidiaries, operates as a consumer internet company in Southeast Asia, Latin America, the rest of Asia, and internationally.

Allegro.eu

Market Cap: zł35.4b

Operates a commerce platform for consumers in Poland, Czech Republic, and internationally.

Dogus Otomotiv Servis ve Ticaret

Market Cap: ₺39.2b

Engages in automotive and real estate businesses in Turkey.

B&S Group

Market Cap: €498.3m

Distributes consumer goods worldwide.

Japan Eyewear Holdings

Market Cap: JP¥53.5b

Through its subsidiaries, engages in the planning, designing, manufacturing, wholesaling, and retailing of eyewear products in Japan.

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.

BuySell TechnologiesLtd

Market Cap: JP¥110.4b

Engages in the kimono/branded goods reuse business in Japan.

DFS Furniture

Market Cap: UK£376.7m

Designs, manufactures, delivers, installs, and retails upholstered furniture in the United Kingdom and the Republic of Ireland.

Avolta

Market Cap: CHF 6.1b

Operates as a travel retailer company.

Chewy

Market Cap: US$15.0b

Engages in the e-commerce business in the United States.

ProCook Group

Market Cap: UK£36.8m

Through its subsidiaries, engages in the sale of kitchenware and related products in the United Kingdom.

Aritzia

Market Cap: CA$10.9b

Designs, develops, and sells apparels and accessories for women in the United States and Canada.

ATRenew

Market Cap: US$904.4m

Operates pre-owned consumer electronics transactions and services platform in the People’s Republic of China.

BHG Group

Market Cap: SEK 5.1b

Operates as a consumer e-commerce company in Sweden, Finland, Denmark, Norway, rest of Europe, and internationally.

Moonpig Group

Market Cap: UK£715.8m

Operates as a data and technology platform for online greeting cards and gifting in the Netherlands, Ireland, Australia, the United States, and the United Kingdom.

Victorian Plumbing Group

Market Cap: UK£266.6m

Operates as an online retailer of bathroom products and accessories for B2C and trade customers in the United Kingdom.

Global-E Online

Market Cap: US$5.8b

Provides direct-to-consumer cross-border e-commerce platform in Israel, the United Kingdom, the United States, and internationally.

Coupang

Market Cap: US$56.8b

Owns and operates retail business through its mobile applications and internet websites in South Korea and internationally.

Europris

Market Cap: NOK 16.7b

Operates as a discount variety retailer in Norway.

Bike24 Holding

Market Cap: €148.4m

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

MINISO Group Holding

Market Cap: US$6.7b

An investment holding company, engages in the retail and wholesale of design-led lifestyle and pop toy products in Mainland China, the rest of Asia, North and Latin America, Europe, and internationally.

Kid

Market Cap: NOK 5.7b

Operates as a home textile retailer in Norway, Sweden, Finland, and Estonia.

Lojas Quero-Quero

Market Cap: R$438.7m

Engages in the general retail trade activities in Brazil.

JINS HOLDINGS

Market Cap: JP¥187.0b

Through its subsidiaries, engages in the planning, manufacturing, sales, and import/export of eyewear in Japan and internationally.

Wickes Group

Market Cap: UK£530.4m

Operates as a retailer of home improvement products and services in the United Kingdom.

Nick Scali

Market Cap: AU$1.9b

Engages in the sourcing and retailing of household furniture and related accessories in Australia, New Zealand, and the United Kingdom.

Answear.com

Market Cap: zł550.2m

Operates as an online multi-brand fashion retailer in Poland, the Czech Republic, Slovakia, Hungary, Romania, Bulgaria, Ukraine, Greece, Croatia, Cyprus, Slovenia, and Italy.

Treasure FactoryLTD

Market Cap: JP¥38.9b

Engages in the development and operation of reuse stores in Japan.

CCC

Market Cap: zł10.9b

Engages in the retail sale of footwear and other products in Poland, Central and Eastern Europe, and Western Europe.

AO World

Market Cap: UK£594.2m

Engages in the online retailing of domestic appliances and ancillary services in the United Kingdom and Germany.

Taseco Air Services

Market Cap: ₫3.3t

Engages in airport commercial services in Vietnam.

MercadoLibre

Market Cap: US$108.9b

Operates online commerce platforms in Brazil, Mexico, Argentina, and internationally.

Pop Mart International Group

Market Cap: HK$306.0b

An investment holding company, engages in the design, development, and sale of pop toys in the People’s Republic of China, Hong Kong, Macao, Taiwan, and internationally.

Moshi Moshi Retail Corporation

Market Cap: ฿11.7b

Engages in the retail and wholesale of lifestyle products in Thailand.

Camping World Holdings

Market Cap: US$1.7b

Together its subsidiaries, retails recreational vehicles (RVs), and related products and services in the United States.