Global Software Undervalued Stocks Based On Cash Flows

Hybrid Software Group

Market Cap: €114.1m

Develops software and hardware technology solutions for graphics and industrial inkjet printing in the United Kingdom, rest of Europe, North and South America, and Asia.

ALUX

Market Cap: ₩155.2b

Manufactures, supplies, and sells educational robots and drones to the education markets in South Korea.

QPR Software Oyj

Market Cap: €16.2m

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

Rapid7

Market Cap: US$1.5b

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

cyan

Market Cap: €45.6m

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

Exsitec Holding

Market Cap: SEK 1.8b

Provides digital solutions to medium-sized companies in Sweden, Norway, Denmark, and Finland.

Finger

Market Cap: ₩131.3b

A fintech company, provides digital financial solutions.

Similarweb

Market Cap: US$725.1m

Provides digital data and analytics for power critical business decisions in the United States, Europe, the Asia Pacific, the United Kingdom, Israel, and internationally.

innoscripta

Market Cap: €1.0b

Provides software-as-a-service for managing research and development (R&D) tax incentives and project management consulting in Germany.

Praemium

Market Cap: AU$341.9m

Provides advisors and wealth management solutions by seamless digital platform experience in Australia and internationally.

Tenable Holdings

Market Cap: US$4.2b

Provides cyber exposure management solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan.

LINK Mobility Group Holding

Market Cap: NOK 7.9b

Provides mobile and communication-platform-as-a-service solutions.

1Spatial

Market Cap: UK£48.5m

Engages in the development and distribution of innovative software solutions along with associated consultancy support in the United Kingdom, Ireland, rest of Europe, the United States, and Australia.

Qt Group Oyj

Market Cap: €1.5b

Offers cross-platform solutions for the software development lifecycle in Finland, rest of Europe, the Asia Pacific, and North America.

Fabrica Holdings

Market Cap: JP¥10.8b

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

freee K.K

Market Cap: JP¥219.4b

Engages in the provision of cloud-based accounting and HR software solutions in Japan.

Plus Alpha ConsultingLtd

Market Cap: JP¥89.5b

Provides marketing solutions.

Digital Workforce Services Oyj

Market Cap: €37.9m

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

Aptitude Software Group

Market Cap: UK£171.1m

Provides financial management software in the United Kingdom and internationally.

GMO internet group

Market Cap: JP¥366.0b

Provides various Internet services worldwide.

Micro Systemation

Market Cap: SEK 1.1b

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

Five9

Market Cap: US$2.1b

Provides intelligent cloud software for contact centers in the United States and internationally.

Sword Group

Market Cap: €355.7m

Provides IT and software solutions worldwide.

Mitsubishi Research Institute

Market Cap: JP¥71.7b

Provides research, consulting, and ICT solution to public and private sectors in Japan.

Infomedia

Market Cap: AU$460.4m

A technology company, develops and supplies electronic parts catalogues, service quoting software, and e-commerce solutions for the automotive industry worldwide.

Hancom

Market Cap: ₩704.1b

Develops and sells office software products and solutions in South Korea and internationally.

Elastic

Market Cap: US$8.9b

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.

Netcompany Group

Market Cap: DKK 12.6b

Provides business critical IT solutions to private and public customers in Denmark, Norway, the United Kingdom, the Netherlands, Greece, Belgium, Luxembourg, and internationally.

Cint Group

Market Cap: SEK 3.1b

Provides software solutions for digital insights and research technology worldwide.

Beijing Fourth Paradigm Technology

Market Cap: HK$25.1b

An investment holding company, provides platform-centric artificial intelligence (AI) solutions in the People's Republic of China.

Grid Dynamics Holdings

Market Cap: US$970.6m

Provides technology consulting, platform and product engineering, and analytics services in North America, Europe, and internationally.

Workday

Market Cap: US$61.2b

Provides enterprise cloud applications in the United States and internationally.

GB Group

Market Cap: UK£589.2m

Provides identity data intelligence products and services in the United Kingdom, the United States, Australia, and internationally.

Nuix

Market Cap: AU$681.3m

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

Atea

Market Cap: NOK 17.4b

Provides IT infrastructure and related solutions for businesses and public sector organizations in the Nordic countries and Baltic regions.

Kinatico

Market Cap: AU$95.1m

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