Global Retail Undervalued Stocks Based On Cash Flows

BHG Group

Market Cap: SEK 3.7b

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

B&S Group

Market Cap: €492.4m

Distributes consumer goods worldwide.

Sinar Eka Selaras

Market Cap: Rp1.4t

Distributes and retails lifestyle products and solutions of various brands in Indonesia.

Groupe Dynamite

Market Cap: CA$6.2b

Designs, distributes, and sells women’s apparel under the Dynamite and Garage brand names in Canada, the United Kingdom, and the United States.

Genuine Parts

Market Cap: US$16.0b

Distributes automotive and industrial replacement parts.

Moshi Moshi Retail Corporation

Market Cap: ฿12.2b

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

CDON

Market Cap: SEK 715.5m

Operates online marketplaces in Sweden, Finland, Denmark, and Norway.

Yakkyo

Market Cap: €10.4m

Operates an e-commerce platform in Italy.

Haypp Group

Market Cap: SEK 4.4b

An e-commerce company, engages in the sale of nicotine pouches and snus products in Sweden, Norway, Europe, and the United States.

Lovisa Holdings

Market Cap: AU$2.6b

Engages in the retail sale of fashion jewelry and accessories.

MercadoLibre

Market Cap: US$84.9b

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

Rusta

Market Cap: SEK 12.1b

Engages in the retail of products in home decoration, consumables, seasonal products, leisure, and Do It Yourself (DIY) categories in Sweden, Norway, Finland, and Germany.

Betterware de MéxicoP.I. de

Market Cap: US$665.2m

Operates as a direct-to-consumer selling company in the United States and Mexico.

Aritzia

Market Cap: CA$18.1b

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

Daya Intiguna Yasa

Market Cap: Rp21.2t

Operates as a household appliance, furniture, stationery, electronic, and sport equipment retailer in Indonesia and internationally.

Kogan.com

Market Cap: AU$407.7m

Operates as an online retailer in Australia.

Jumia Technologies

Market Cap: US$787.7m

Operates an e-commerce platform in West Africa, North Africa, East and South Africa, Europe, the United Arab Emirates, and internationally.

BuySell TechnologiesLtd

Market Cap: JP¥209.0b

Engages in the reuse business for kimonos and branded items in Japan.

Sea

Market Cap: US$55.9b

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

Victorian Plumbing Group

Market Cap: UK£261.9m

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

Victoria's Secret

Market Cap: US$7.0b

Operates as a specialty retailer of women’s intimate, and other apparel and beauty products worldwide.

Cosan

Market Cap: R$14.7b

Engages in the fuel distribution business.

Japan Eyewear Holdings

Market Cap: JP¥53.0b

Through its subsidiaries, engages in the designing, manufacturing, and selling eyeglasses in Japan.

Zibuyu Group

Market Cap: HK$1.9b

An investment holding company, operates as a cross-border e-commerce company in China in North America, Asia, Europe, and internationally.

Allegro.eu

Market Cap: zł37.7b

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

D'Ieteren Group

Market Cap: €9.0b

Operates as an investment company in Belgium, France, rest of Europe, and internationally.

Global-E Online

Market Cap: US$6.1b

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

Oponeo.pl

Market Cap: zł1.1b

Engages in the online retail of tyres and wheels for motor vehicles in Poland.

Supply Network

Market Cap: AU$1.4b

Provides aftermarket parts to the commercial vehicle market in Australia and New Zealand.

Modivo

Market Cap: zł7.7b

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

Mynews Holdings Berhad

Market Cap: RM 326.4m

An investment holding company, engages in the retail and convenience store businesses in Malaysia.

Arvind Fashions

Market Cap: ₹62.7b

Engages in the wholesale and retail trading of garments and accessories in India and internationally.

Cashbuild

Market Cap: R2.4b

Engages in the retailing of building materials and associated products in South Africa, Botswana, Eswatini, Lesotho, Namibia, Zambia, and Malawi.

Ceconomy

Market Cap: €1.8b

Engages in the consumer electronics retail business.

Temple & Webster Group

Market Cap: AU$717.9m

Engages in the online retail of furniture, homewares, and home improvement products through its online platform in Australia.

JINS HOLDINGS

Market Cap: JP¥189.6b

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