Global Software Undervalued Stocks Based On Cash Flows

Wix.com

Market Cap: US$7.4b

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

Reckon

Market Cap: AU$69.1m

Provides software solutions in Australia, New Zealand, the United States, and internationally.

Truecaller

Market Cap: SEK 15.9b

Develops and publishes mobile caller ID applications for individuals and business in India, the Middle East, Africa, and internationally.

LINK Mobility Group Holding

Market Cap: NOK 9.3b

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

Japan Data Science ConsortiumLtd

Market Cap: JP¥14.5b

Engages in the development and licensing of algorithm modules utilizing machine learning in Japan.

Digital Workforce Services Oyj

Market Cap: €41.3m

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

cyan

Market Cap: €47.2m

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

Lectra

Market Cap: €915.9m

Provides industrial intelligence solutions for fashion, automotive, furniture markets, and other industries in Europe, the Americas, the Asia Pacific, 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.

Witted Megacorp Oyj

Market Cap: €23.2m

Operates as a software development company in Finland, Norway, and Sweden.

Tenable Holdings

Market Cap: US$3.7b

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

Qt Group Oyj

Market Cap: €1.2b

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

Tecnotree Oyj

Market Cap: €78.1m

Provides telecommunication IT solutions for charging, billing, customer care, and messaging and content services in Europe, the Americas, the Middle East, Africa, and the Asia Pacific.

ReadyTech Holdings

Market Cap: AU$346.0m

Provides technology-based solutions in Australia.

Perfect

Market Cap: US$207.8m

An artificial intelligence software as a service company, provides artificial intelligence (AI)- and augmented reality (AR)-powered solutions for beauty, fashion, and skincare industries worldwide.

Credit Clear

Market Cap: AU$114.7m

Engages in the provision of debt resolution services and technology development and implementation of the digital engagement platform in Australia and New Zealand.

Expert.ai

Market Cap: €160.4m

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

Beijing LongRuan Technologies

Market Cap: CN¥2.5b

Provides software solutions and information technology (IT) services based on geographic information system (GIS) for the coal industry.

Sword Group

Market Cap: €343.0m

Provides IT and software solutions worldwide.

Klaviyo

Market Cap: US$9.5b

A technology company, provides a software-as-a-service platform in the United States, other Americas, the Asia-Pacific, Europe, the Middle East, and Africa.

PSI Software

Market Cap: €427.5m

Develops and integrates software solutions and products for optimizing the flow of energy and materials for utilities and industry worldwide.

Range Intelligent Computing Technology Group

Market Cap: CN¥98.0b

Provides server hosting services to internet companies and large cloud vendors in China.

HubSpot

Market Cap: US$25.0b

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

Exsitec Holding

Market Cap: SEK 2.0b

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

Elastic

Market Cap: US$8.5b

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.

Fabrica Holdings

Market Cap: JP¥12.4b

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

Info-Tech Systems

Market Cap: S$229.0m

Designs and develops cloud human resource management (HRMS) and accounting software.

GMO internet group

Market Cap: JP¥402.5b

Provides various Internet services worldwide.

Hybrid Software Group

Market Cap: €127.2m

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.

Nagarro

Market Cap: €690.7m

Provides digital product engineering and technology solutions in Germany, the United States of America, and internationally.

Plus Alpha ConsultingLtd

Market Cap: JP¥100.7b

Provides marketing solutions.

Netcompany Group

Market Cap: DKK 12.4b

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

Atlassian

Market Cap: US$44.8b

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

Raonsecure

Market Cap: ₩114.2b

Provides mobile and IoT integrated security solutions.

Loihde Oyj

Market Cap: €65.4m

Through its subsidiaries, provides digital development and security solutions in Finland.

Alkami Technology

Market Cap: US$2.6b

Provides cloud-based digital banking solutions in the United States.