Global Undervalued Stocks Based On Cash Flows

GEM

Market Cap: CN¥31.8b

Operates in the recycling industry in China and internationally.

InnoCare Pharma

Market Cap: HK$22.3b

A biopharmaceutical company, engages in discovering, developing, and commercializing drugs for the treatment of cancer and autoimmune diseases in China.

Laboratorios Farmaceuticos Rovi

Market Cap: €2.7b

Manufactures, sells, and markets pharmaceutical products in Spain, European Union, OECD countries, and internationally.

Lectra

Market Cap: €902.5m

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

Kolmar Korea

Market Cap: ₩2.0t

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

Airbus

Market Cap: €127.4b

Engages in the design, manufacture, and delivery of aeronautics and aerospace products, services, and solutions worldwide.

adidas

Market Cap: €39.4b

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.

Hypera

Market Cap: R$15.8b

Operates as a pharmaceutical company in Brazil.

Ficont Industry (Beijing)

Market Cap: CN¥5.6b

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

Medley

Market Cap: JP¥99.6b

Operates platforms for recruitment and medical businesses in Japan and the United States.

H.U. Group Holdings

Market Cap: JP¥171.8b

Operates healthcare business in Japan, the United States, Europe, and internationally.

Boreo Oyj

Market Cap: €42.1m

Owns, acquires, and develops B2B businesses in Northern Europe.

Innovent Biologics

Market Cap: HK$91.2b

A biopharmaceutical company, develops, manufactures and commercializes monoclonal antibodies and other drug assets in the fields of oncology, ophthalmology, autoimmune, and cardiovascular and metabolic diseases in China.

Heartland Group Holdings

Market Cap: NZ$780.3m

Provides various financial services in New Zealand and Australia.

Lumibird

Market Cap: €261.9m

Designs, manufactures, and sells various lasers for the scientific, industrial, and medical applications worldwide.

ALUX

Market Cap: ₩145.0b

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

BHG Group

Market Cap: SEK 4.9b

Operates as a consumer e-commerce company in Sweden, Finland, Denmark, Norway, Europe, and internationally.

Insteel Industries

Market Cap: US$721.9m

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

Dive

Market Cap: JP¥7.8b

Primarily provides staffing and recruitment services for resorts.

Power Mech Projects

Market Cap: ₹91.3b

Provides services in power and infrastructure sectors in India 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.

Super Group (SGHC)

Market Cap: US$4.3b

Operates as an online sports betting and gaming operator.

KBR

Market Cap: US$7.2b

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

Quaker Chemical

Market Cap: US$1.9b

Quaker Chemical Corporation, doing business as Quaker Houghton, provides industrial process fluids worldwide.

Boditech Med

Market Cap: ₩346.7b

Offers instruments and diagnostic reagents in South Korea and internationally.

Zhuhai CosMX Battery

Market Cap: CN¥15.4b

Manufactures and supplies polymer lithium-ion batteries worldwide.

Shibaura Mechatronics

Market Cap: JP¥93.3b

Produces and sells manufacturing equipment for flat panel displays (FPDs), semiconductors, and electronic components in Japan, Northeastern Asia, and internationally.

Alicon Castalloy

Market Cap: ₹12.7b

Provides design, manufacturing, engineering, casting, machining, assembly, painting, and surface treatment services for aluminum components in India and internationally.

First Reliance Bancshares

Market Cap: US$76.8m

Operates as the bank holding company for First Reliance Bank that provides banking products and services in North and South Carolina.

HBX Group International

Market Cap: €2.4b

Engages in the intermediation of hotel accommodation.

Horizon Bancorp

Market Cap: US$691.9m

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

Verra Mobility

Market Cap: US$3.8b

Provides smart mobility technology solutions in the United States, Australia, Europe, and Canada.

Shenzhen KSTAR Science and Technology

Market Cap: CN¥13.4b

Shenzhen KSTAR Science and Technology Co., Ltd.

Absolent Air Care Group

Market Cap: SEK 2.4b

Designs, develops, sells, installs, and maintains air filtration units.

Man Industries (India)

Market Cap: ₹21.2b

Manufactures, processes, and trades in submerged arc welded pipes and steel products in India.

Wenzhou Yihua Connector

Market Cap: CN¥7.8b

Engages in the research, development, manufacture, and sale of communication connector and its components in China.