Global Software Undervalued Stocks Based On Cash Flows

Aurum PropTech

Market Cap: ₹11.0b

Engages in the business of software development for real estate and other services in India.

Sword Group

Market Cap: €325.5m

Provides IT and software solutions.

Commerce.com

Market Cap: US$354.3m

Operates a software-as-a-service e-commerce platform for brands and retailers in the United States, North and South America, Europe, the Middle East, Africa, and the Asia Pacific.

Workiva

Market Cap: US$4.9b

Provides cloud-based reporting solutions in the Americas and internationally.

Zeta Global Holdings

Market Cap: US$3.9b

Operates an omnichannel data-driven cloud platform that provides enterprises with consumer intelligence and marketing automation software in the United States and internationally.

Blackbaud

Market Cap: US$2.6b

Engages in the provision of cloud software and services in the United States and internationally.

Workday

Market Cap: US$57.9b

Provides enterprise cloud applications in the United States and internationally.

Similarweb

Market Cap: US$619.5m

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

DIGITAL HEARTS HOLDINGS

Market Cap: JP¥21.1b

Engages in the debugging, media, and other businesses.

Lime Technologies

Market Cap: SEK 4.2b

Provides software as a service (SaaS) based customer relationship management (CRM) solutions in the Nordic region.

PROS Holdings

Market Cap: US$1.1b

Provides software solutions that optimize the processes of selling and shopping in the digital economy in Europe, the Asia Pacific, the Middle East, Africa, and internationally.

monday.com

Market Cap: US$7.5b

Develops software applications in the United States, Europe, the Middle East, Africa, the United Kingdom, and internationally.

Gofore Oyj

Market Cap: €207.8m

Provides digital transformation consultancy services for private and public sectors in Finland and internationally.

Alkami Technology

Market Cap: US$2.2b

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

Alpha Data PJSC

Market Cap: د.إ1.6b

Offers system integration services.

Pexip Holding

Market Cap: NOK 5.8b

A video technology company, provides end-to-end video conferencing platform and digital infrastructure in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

ULS Group

Market Cap: JP¥32.1b

Provides IT consulting and solutions in Japan.

Netcompany Group

Market Cap: DKK 14.2b

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

Future

Market Cap: JP¥184.5b

Provides IT consulting and services primarily in Japan.

RealTech

Market Cap: €5.1m

Provides information technology (IT) service management and SAP automation solutions in Germany and the Asia Paci?c.

Nutanix

Market Cap: US$15.9b

Provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa.

Cafe24

Market Cap: ₩739.9b

Operates an e-commerce platform worldwide.

Rakus

Market Cap: JP¥446.8b

Provides cloud services in Japan.

VTEX

Market Cap: US$673.4m

Provides software-as-a-service digital commerce platform for enterprise brands and retailers.

PLAIDInc

Market Cap: JP¥34.3b

Develops and operates KARTE, a customer experience (CX) SaaS platform in Japan.

Aptitude Software Group

Market Cap: UK£159.0m

Provides financial management software in the United Kingdom and internationally.

Datadog

Market Cap: US$56.0b

Operates an observability and security platform for cloud applications in the United States and internationally.

SHIFT

Market Cap: JP¥266.8b

Provides software quality assurance and testing solutions in Japan.

Nebius Group

Market Cap: US$21.3b

A technology company, engages in building full-stack infrastructure to service the global AI industry in the Netherlands, Europe, North America, and Israel.

Nagarro

Market Cap: €877.7m

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

Beijing Fourth Paradigm Technology

Market Cap: HK$24.2b

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

innoscripta

Market Cap: €985.0m

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

Nemetschek

Market Cap: €10.4b

Provides software solutions for architecture, engineering, construction, operation, and media industries in Germany, the rest of Europe, the Americas, the Asia Pacific, and internationally.

Infomedia

Market Cap: AU$639.6m

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

AvePoint

Market Cap: US$2.7b

Provides cloud-native data management software platform in North America, Europe, the Middle East, Africa, and the Asia Pacific.

Allot

Market Cap: US$409.4m

Develops, sells, and markets network intelligence and security solutions in Israel, Europe, Asia, Oceania, the Americas, the Middle East, and Africa.