Global Undervalued Stocks Based On Cash Flows

Arrow Financial

Market Cap: US$416.4m

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

Verra Mobility

Market Cap: US$3.9b

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

Ramssol Group Berhad

Market Cap: RM 353.0m

An investment holding company, provides human resource solutions in Malaysia, Singapore, Thailand, Indonesia, the Netherlands, Hong Kong, and Japan.

StemCell Institute

Market Cap: JP¥11.0b

Engages in the stem cell banking business in Japan.

Shenzhen KSTAR Science and Technology

Market Cap: CN¥12.7b

Shenzhen KSTAR Science and Technology Co., Ltd.

Just Eat Takeaway.com

Market Cap: €3.9b

Operates as an online food delivery company worldwide.

Taiyo Yuden

Market Cap: JP¥293.9b

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

Roku

Market Cap: US$12.1b

Operates a TV streaming platform in the United States and internationally.

Absolent Air Care Group

Market Cap: SEK 2.4b

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

Lectra

Market Cap: €889.3m

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

Sparebank 68° Nord

Market Cap: NOK 545.3m

Operates as a savings bank that provides a range of banking services to personal and corporate market in Norway.

Global Tax Free

Market Cap: ₩446.2b

Operates as tax refund company for foreign tourists in South Korea, Singapore, Japan, and France.

Pansoft

Market Cap: CN¥4.0b

Provides management information solutions and IT integrated services for large enterprises in China.

Dialog Axiata

Market Cap: LK₨172.0b

Provides communication and telecommunication infrastructure services to individuals and corporates in Sri Lanka.

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.

Mid Penn Bancorp

Market Cap: US$513.6m

Operates as the bank holding company for Mid Penn Bank that provides commercial banking services to individuals, partnerships, non-profit organizations, and corporations.

GCH Technology

Market Cap: CN¥5.8b

Researches, develops, produces, and sells nucleating agents, synthetic hydrotalcites, and composite additives in China and internationally.

Shoals Technologies Group

Market Cap: US$892.7m

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

Dajin Heavy IndustryLtd

Market Cap: CN¥19.6b

Develops, produces, and sells wind power equipment in China.

China Kings Resources GroupLtd

Market Cap: CN¥12.9b

Invests in and develops fluorite mines in the People’s Republic of China.

dormakaba Holding

Market Cap: CHF 3.0b

Provides access and security solutions worldwide.

Ridley

Market Cap: AU$1.1b

Engages in the provision of animal nutrition solutions in Australia.

VIGO Photonics

Market Cap: zł453.1m

Manufactures and sells semiconductor materials, and devices for photonic and microelectronic applications worldwide.

MetroCity Bankshares

Market Cap: US$685.6m

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

Asia Commercial Bank

Market Cap: ₫108.9t

Provides various banking products and services to personal and business customers in Vietnam.

PixArt Imaging

Market Cap: NT$33.0b

Researches, designs, produces, and sells CMOS image sensors and related ICs in Taiwan, Hong Kong, China, Japan, and internationally.

Good Will Instrument

Market Cap: NT$6.4b

Manufactures and markets electrical test and measurement instruments for educational and industrial manufacturing markets.

J&T Global Express

Market Cap: HK$60.8b

An investment holding company, offers integrated express delivery services in the People’s Republic of China, Indonesia, the Philippines, Malaysia, Thailand, Vietnam, Saudi Arabia, the United Arab Emirates, Mexico, Brazil, and Egypt.

Lincoln Educational Services

Market Cap: US$720.6m

Provides various career-oriented postsecondary education services to high school graduates and working adults in the United States.

First Reliance Bancshares

Market Cap: US$73.5m

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

Taiwan Union Technology

Market Cap: NT$59.5b

Engages in the manufacture and sale of copper foil substrates, adhesive sheets, and multi-layer laminated boards in Taiwan and internationally.

Riverview Bancorp

Market Cap: US$113.5m

Operates as a bank holding company for Riverview Bank that provides commercial banking services to small and medium size businesses, professionals, and wealth building individuals.

Giant Biogene Holding

Market Cap: HK$57.1b

An investment holding company, designs, develops, and manufactures skin treatment products with recombinant collagen in the People’s Republic of China.

Coca-Cola Içecek Anonim Sirketi

Market Cap: ₺133.7b

Engages in the production, sales, and distribution of sparkling and still beverages in Turkey, Pakistan, Central Asia, and the Middle East.

StoneCo

Market Cap: US$4.1b

Provides financial technology and software solutions to merchants and integrated partners to conduct electronic commerce across in-store, online, and mobile channels in Brazil.

I.CO.P.. Società Benefit

Market Cap: €339.9m

Engages in providing construction and special engineering services to public and private clients in Italy and internationally.