Global Retail Undervalued Stocks Based On Cash Flows

B&S Group

Market Cap: €500.0m

Distributes consumer goods worldwide.

E-Globe

Market Cap: €12.3m

Engages in the online sale of air conditioners, boilers, stoves, solar panels, fan coils, heat pumps, and water heaters in Italy and internationally.

Suning.com

Market Cap: CN¥15.6b

Operates as a retail business in China.

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.

Dogus Otomotiv Servis ve Ticaret

Market Cap: ₺40.1b

Engages in automotive and real estate businesses in Turkey.

Allegro.eu

Market Cap: zł34.9b

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

BuySell TechnologiesLtd

Market Cap: JP¥101.3b

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

DFS Furniture

Market Cap: UK£350.1m

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

Chewy

Market Cap: US$14.0b

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

Sea

Market Cap: US$92.7b

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

ATRenew

Market Cap: US$857.5m

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

TENTIAL

Market Cap: JP¥30.2b

TENTIAL Co., Ltd. operates a sports platform.

ProCook Group

Market Cap: UK£37.0m

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

BHG Group

Market Cap: SEK 5.0b

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

Victorian Plumbing Group

Market Cap: UK£247.6m

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

Moonpig Group

Market Cap: UK£680.4m

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.

Sailvan Times

Market Cap: CN¥9.5b

Sells lifestyle products through third-party e-commerce platforms in China and internationally.

Coupang

Market Cap: US$58.7b

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

JINS HOLDINGS

Market Cap: JP¥177.2b

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

Bike24 Holding

Market Cap: €151.5m

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

MINISO Group Holding

Market Cap: US$6.4b

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.

RVRC Holding

Market Cap: SEK 6.7b

Engages in the e-commerce outdoor clothing business in Germany, Sweden, and internationally.

Société Nouvelle Maison de la Ville de Tunis

Market Cap: د.ت155.9m

Engages in the multi-department retailing of various goods and products in Tunisia.

Moshi Moshi Retail Corporation

Market Cap: ฿10.9b

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

Wickes Group

Market Cap: UK£508.4m

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

Lojas Quero-Quero

Market Cap: R$440.7m

Engages in the general retail trade activities in Brazil.

Global-E Online

Market Cap: US$6.0b

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

Answear.com

Market Cap: zł544.5m

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

Pop Mart International Group

Market Cap: HK$288.7b

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.

Aritzia

Market Cap: CA$11.1b

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

AO World

Market Cap: UK£582.9m

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

Mynews Holdings Berhad

Market Cap: RM 435.2m

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

Myer Holdings

Market Cap: AU$683.6m

Operates department stores in Australia and New Zealand.

mobilezone holding ag

Market Cap: CHF 512.7m

Provides mobile and fixed-line telephony, television, and Internet services for various network operators in Germany and Switzerland.

MercadoLibre

Market Cap: US$116.9b

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

CCC

Market Cap: zł11.7b

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