Global Software Undervalued Stocks Based On Cash Flows

Micro Systemation

Market Cap: SEK 1.2b

Provides forensic technology for mobile device examination and analysis in Sweden and internationally.

Circle Internet Group

Market Cap: US$15.8b

Operates as a platform, network, and market infrastructure for stablecoin and blockchain applications.

Siav

Market Cap: €19.0m

Offers software solutions and IT services for enterprise content management industry.

BILL Holdings

Market Cap: US$4.7b

Provides financial operations platform for small and midsize businesses worldwide.

Spindox

Market Cap: €73.4m

Provides information and communication technology services and solutions in Italy, Europe, and internationally.

Elastic

Market Cap: US$8.7b

A search artificial intelligence (AI) company, provides software platforms to run in hybrid, public or private clouds, and multi-cloud environments in the United States and internationally.

Varonis Systems

Market Cap: US$3.7b

Provides software products and services that continuously discover and classify critical data, remediate exposures, and detect advanced threats with AI-powered technology in North America, Europe, APAC, and rest of world.

Witted Megacorp Oyj

Market Cap: €22.5m

Together its subsidiaries, develops and sells software development services in Finland, Norway, Sweden, Denmark and the United States.

Trifork Group

Market Cap: DKK 1.6b

Provides information technology and other business services in Switzerland, Denmark, the United Kingdom, the Netherlands, the United States, and internationally.

cyan

Market Cap: €53.8m

Through its subsidiaries, provides cybersecurity solutions and telecommunication services in Europe, the Middle East, Africa, and the Asia-Pacific.

Constellation Software

Market Cap: CA$68.3b

Acquires, builds, and manages vertical market software businesses to develop mission-critical software solutions for public and private sector markets.

Rapid7

Market Cap: US$899.7m

Provides cybersecurity software and services under the Rapid7, Nexpose, and Metasploit brand names.

Topicus.com

Market Cap: CA$10.7b

Provides vertical market software and vertical market platforms in the Netherlands and internationally.

Raonsecure

Market Cap: ₩102.5b

Provides mobile and IoT integrated security solutions.

Digital Workforce Services Oyj

Market Cap: €33.2m

Provides business process automation services and technology solutions in Finland, Sweden, Norway, Denmark, Poland, rest of the European Union, and internationally.

QPR Software Oyj

Market Cap: €13.7m

Provides services and software tools for developing business processes and enterprise architecture in Finland, rest of Europe, Russia, Turkey, and internationally.

Viant Technology

Market Cap: US$587.5m

Operates as an advertising technology company.

Agile Content

Market Cap: €36.8m

Engages in the information technology (IT) consulting services in Spain and internationally.

Global Security Experts

Market Cap: JP¥50.5b

Operates as a cybersecurity education company in Japan.

WidePoint

Market Cap: US$61.3m

Provides technology management as a service (TMaaS) to the government and business enterprises in the United States and Europe.

Kinatico

Market Cap: AU$121.0m

Provides screening, verification, and SaaS-based workforce management and compliance technology systems in Australia and New Zealand.

GMO internet group

Market Cap: JP¥366.5b

Provides various Internet services worldwide.

Plus Alpha ConsultingLtd

Market Cap: JP¥94.8b

Provides marketing and HR solutions in japan.

SmartCraft

Market Cap: NOK 3.6b

Provides software solutions to the construction industry in Norway, Sweden, Finland, and the United Kingdom.

SenSen Networks

Market Cap: AU$91.3m

Develops and sells SenDISA platform-based products and services in North America, Australia, New Zealand, and Asia.

Atlassian

Market Cap: US$37.9b

Provides a collaboration software that enables organizations to connect all teams through a system of work that unlocks productivity at scale worldwide.

Admicom Oyj

Market Cap: €208.2m

Engages in the cloud-based software and business process automation solutions in Finland.

Maps

Market Cap: €43.3m

A software solution provider, designs and develops technological solutions to support decision-making processes in public and private businesses and organizations.

Vertex

Market Cap: US$3.1b

Provides enterprise tax technology solutions for retail trade, wholesale trade, and manufacturing industries in the United States and internationally.

Fabrica Holdings

Market Cap: JP¥10.3b

Engages in the system development and sales business primarily for the used car business.

Kinaxis

Market Cap: CA$4.8b

Provides cloud-based subscription software for supply chain operations in the United States, Europe, Asia, and Canada.

Metriks AI. Società Benefit

Market Cap: €37.0m

Metriks AI S.r.l. develops Service as a Software platform that helps companies and organizations to make strategic decisions, optimize performance, and transform data into value.

HubSpot

Market Cap: US$18.7b

Provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific.

Expert.ai

Market Cap: €161.5m

An artificial intelligence (AI) platform company, develops and sells cognitive computing software products based on AI algorithms to read and understand written language worldwide.

Wix.com

Market Cap: US$5.4b

Operates a cloud-based web development platform for registered users and creators worldwide.

Nuix

Market Cap: AU$589.0m

Provides investigative analytics and intelligence software solutions in the Asia Pacific, the Americas, Europe, the Middle East, and Africa.