Global Undervalued Stocks Based On Cash Flows

Dr. Martens

Market Cap: UK£540.6m

Designs, develops, procures, markets, sells, and distributes footwear under the Dr.

Innovent Biologics

Market Cap: HK$89.5b

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.

World Fitness Services

Market Cap: NT$8.9b

Engages in the physical fitness, sports, and sauna business in Taiwan.

Rheinmetall

Market Cap: €70.7b

Provides mobility and security technologies worldwide.

Borosil

Market Cap: ₹37.4b

Manufactures, sells, and trades in consumer ware products in India.

Truecaller

Market Cap: SEK 26.1b

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

MINISO Group Holding

Market Cap: US$5.7b

An investment holding company, engages in the retail and wholesale of lifestyle products and pop toy products in China, rest of Asia, the Americas, Europe, Indonesia, and internationally.

Duke Capital

Market Cap: UK£135.1m

A private equity firm specializing in Management Buyouts, buy-and-build strategies, mid-market, minority buyouts, restructuring investments & royalty financing in small and medium size businesses.

Ready Capital

Market Cap: US$768.9m

Operates as a real estate finance company in the United States.

HealthEquity

Market Cap: US$7.9b

Provides technology-enabled services platforms to consumers and employers in the United States.

Owens Corning

Market Cap: US$12.4b

Provides residential and commercial building products in the United States, Europe, the Asia Pacific, and internationally.

Lingbao Gold Group

Market Cap: HK$11.7b

Primarily engages in mining, processing, smelting, refining, and sale of gold products in the People’s Republic of China.

Seegene

Market Cap: ₩1.2t

Manufactures and sells molecular diagnostics products worldwide.

giftee

Market Cap: JP¥45.5b

Engages in the Internet service business in Japan.

dormakaba Holding

Market Cap: CHF 2.9b

Provides access and security solutions worldwide.

Rakus

Market Cap: JP¥395.7b

Provides cloud services in Japan.

Renesas Electronics

Market Cap: JP¥3.1t

Researches, develops, designs, manufactures, sells, and services semiconductors in Japan, China, rest of Asia, Europe, North America, and internationally.

Regis Healthcare

Market Cap: AU$2.2b

Engages in the provision of residential aged care services in Australia.

Expert.ai

Market Cap: €129.3m

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

TBC Bank Group

Market Cap: UK£2.6b

Through its subsidiaries, provides banking, leasing, insurance, brokerage, and card processing services to corporate and individual customers in Georgia, Azerbaijan, and Uzbekistan.

Pure Storage

Market Cap: US$15.5b

Engages in the provision of data storage and management technologies, products, and services in the United States and internationally.

MetroCity Bankshares

Market Cap: US$719.7m

Operates as the bank holding company for Metro City Bank that provides banking products and services in the United States.

BAWAG Group

Market Cap: €7.6b

Operates as a holding company for BAWAG P.S.K.

ECO Animal Health Group

Market Cap: UK£44.7m

Develops, registers, and markets pharmaceutical products for animals worldwide.

Plano & Plano Desenvolvimento Imobiliário

Market Cap: R$2.3b

Through its subsidiaries develops, constructs, and sells real estate projects in the São Paulo Metropolitan Region.

Thomas Cook (India)

Market Cap: ₹61.3b

Offers integrated travel services in India and internationally.

Lucky Harvest

Market Cap: CN¥11.2b

Engages in the research, development, production, and sale of precision stamping dies and structural metal parts in China.

Suzhou Zelgen BiopharmaceuticalsLtd

Market Cap: CN¥26.9b

Suzhou Zelgen Biopharmaceuticals Co.,Ltd.

Stille

Market Cap: SEK 1.7b

Manufactures and markets surgical instruments in Sweden and internationally.

Suzhou Dongshan Precision Manufacturing

Market Cap: CN¥46.3b

Suzhou Dongshan Precision Manufacturing Co., Ltd.

MicroPort CardioFlow Medtech

Market Cap: HK$2.1b

A medical device company, engages in the research, development, and commercialization of transcatheter and surgical solutions for structural heart diseases in the People’s Republic of China and internationally.

Net Insight

Market Cap: SEK 971.8m

Provides media network solutions worldwide.

SNGN Romgaz

Market Cap: RON 22.4b

Explores for, produces, and supplies natural gas in Romania.

German American Bancorp

Market Cap: US$1.4b

Operates as a financial holding company for German American Bank that provides retail and commercial banking, and health management services.

Micronics Japan

Market Cap: JP¥119.5b

Develops, manufactures, and sells body measuring instruments, semiconductor, and liquid crystal display inspection equipment worldwide.

Sword Group

Market Cap: €302.9m

Provides IT and software solutions worldwide.