Global Undervalued Stocks Based On Cash Flows

Huddled Group

Market Cap: UK£10.5m

Provides virtual reality headsets under the Vodiac brand name in the United Kingdom.

Bel Fuse

Market Cap: US$1.0b

Designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits.

illimity Bank

Market Cap: €300.3m

Provides private banking, and investment and trading services in Italy.

Clearfield

Market Cap: US$521.8m

Manufactures and sells various fiber connectivity products in the United States and internationally.

Valley National Bancorp

Market Cap: US$5.2b

Operates as the holding company for Valley National Bank that provides various commercial, private banking, retail, insurance, and wealth management financial services products.

Tesmec

Market Cap: €33.9m

Designs, manufactures, and sells products, technologies, and integrated solutions for the construction, maintenance, and efficiency of infrastructures related to the transport and distribution of energy, data, and material.

Kolmar Korea

Market Cap: ₩2.0t

Researches, develops, produces, and sells beauty and health products in South Korea and internationally.

Martela Oyj

Market Cap: €3.5m

Operates in the workplace industry in Finland, Sweden, Norway, and internationally.

adidas

Market Cap: €40.0b

Designs, develops, produces, and markets athletic and sports lifestyle products in Europe, the Middle East, Africa, North America, Greater China, the Asia-Pacific, and Latin America.

FinWise Bancorp

Market Cap: US$198.9m

Operates as the bank holding company for FinWise Bank, which provides various banking products and services to individual and corporate customers in Utah.

Claranova

Market Cap: €156.9m

A technology company, engages in personalized e-commerce, software publishing, and internet of things (IoT) management in France, the United States, the United Kingdom, Germany, other European countries, and internationally.

Aya Gold & Silver

Market Cap: CA$1.5b

Engages in the exploration, evaluation, and development of precious metals projects in Morocco.

Ficont Industry (Beijing)

Market Cap: CN¥5.7b

Provides wind energy, construction, and safety protection equipment in China and internationally.

Taiyo Yuden

Market Cap: JP¥293.7b

Develops, manufactures, and sells electronic components in Japan, China, Hong Kong, and internationally.

Vertex Pharmaceuticals

Market Cap: US$110.9b

A biotechnology company, engages in developing and commercializing therapies for treating cystic fibrosis (CF).

Lectra

Market Cap: €923.4m

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

Berkshire Hills Bancorp

Market Cap: US$1.2b

Operates as the bank holding company for Berkshire Bank that provides commercial and retail banking consumer lending, private banking and wealth management services in the United States.

Insteel Industries

Market Cap: US$725.4m

Manufactures and markets steel wire reinforcing products for concrete construction applications.

KBR

Market Cap: US$7.3b

Provides scientific, technology, and engineering solutions to governments and commercial customers worldwide.

Horizon Bancorp

Market Cap: US$696.7m

Operates as the bank holding company for Horizon Bank that engages in the provision of commercial and retail banking services.

Shoals Technologies Group

Market Cap: US$1.0b

Provides electrical balance of system (EBOS) solutions and components in the United States and internationally.

Hyosung Heavy Industries

Market Cap: ₩5.2t

Manufactures and sells heavy electrical equipment in South Korea and internationally.

Arrow Financial

Market Cap: US$443.4m

A bank holding company, provides various commercial and consumer banking, and financial products and services in the Unites States.

Expert.ai

Market Cap: €129.5m

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

Burke & Herbert Financial Services

Market Cap: US$885.8m

Operates as the bank holding company for Burke & Herbert Bank & Trust Company that provides various community banking products and services in Virginia and Maryland.

True Corporation

Market Cap: ฿431.9b

Provides telecommunications and value-added services in Thailand.

Kepler Weber

Market Cap: R$1.3b

Provides storage equipment and post-harvest grain solutions in Brazil, Central and South America, Africa, and Asia.

MilDef Group

Market Cap: SEK 10.7b

Develops, manufactures, and sells rugged IT solutions in Sweden, Norway, Finland, Denmark, the United Kingdom, Germany, Switzerland, the United States, Australia, and internationally.

Super Group (SGHC)

Market Cap: US$4.3b

Operates as an online sports betting and gaming operator.

VersaBank

Market Cap: CA$523.2m

Provides various banking products and services in Canada and the United States.

ILPRA

Market Cap: €53.7m

Designs, produces, and sells packaging machines worldwide.

Boditech Med

Market Cap: ₩351.3b

Offers instruments and diagnostic reagents in South Korea and internationally.

Vestas Wind Systems

Market Cap: DKK 111.6b

Engages in the design, manufacture, installation, and services of wind turbines the United States, Denmark, and internationally.

Carvana

Market Cap: US$63.2b

Operates an e-commerce platform for buying and selling used cars in the United States.

Sandfire Resources

Market Cap: AU$5.0b

A mining company, engages in the exploration, evaluation, and development of mineral tenements and projects.

People & Technology

Market Cap: ₩964.9b

Offers coating, calendaring, slitting, automation, and other machineries.