Global Undervalued Stocks Based On Cash Flows

Apotea

Market Cap: SEK 10.1b

Operates an online pharmacy in Sweden.

Surgical Science Sweden

Market Cap: SEK 7.7b

Develops and markets virtual reality simulators for evidence-based medical training in Europe, North and South America, Asia, and internationally.

Cosmax

Market Cap: ₩2.8t

Researches, develops, produces, and manufactures cosmetic and health function food products in Korea and internationally.

Aecon Group

Market Cap: CA$1.3b

Aecon Group Inc., together with its subsidiaries, provide construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally.

Accton Technology

Market Cap: NT$446.0b

Researches and develops, manufactures, and sells network communication equipment in Taiwan, America, rest of Asia, Europe, and internationally.

Medhelp Care Aktiebolag

Market Cap: SEK 150.3m

A software-as-a-service company, operates a health platform for data-driven corporate health and supports in Sweden and Denmark.

Atea

Market Cap: NOK 16.0b

Provides IT infrastructure and related solutions for businesses and public sector organizations in the Nordic countries and Baltic regions.

Mandom

Market Cap: JP¥64.4b

Engages in the manufacture and sale of cosmetics, perfumes, and quasi-drugs in Japan, Indonesia, and internationally.

Oriental Kopi Holdings Berhad

Market Cap: RM 1.7b

Owns and operates café chain under the Oriental Kopi brand name in Malaysia and internationally.

adidas

Market Cap: €36.9b

Designs, develops, produces, and markets athletic and sports lifestyle products in Europe, North America, Greater China, Latin America, Japan, and South Korea.

Hostelworld Group

Market Cap: UK£159.4m

Operates as an online travel agent focused on the hostel market in Europe, the United States of America, Asia, Africa, and Oceania.

Almirall

Market Cap: €2.3b

Operates as a skin health-focused biopharmaceutical company in Spain, Europe, the Middle East, the United States, Asia, and Africa.

PropNex

Market Cap: S$991.6m

An investment holding company, provides real estate services in Singapore.

QPR Software Oyj

Market Cap: €16.1m

Provides services and software tools for developing business processes and enterprise architecture in Finland, rest of Europe, Russia, Turkey, and internationally.

BioLife Solutions

Market Cap: US$1.0b

Develops, manufactures, and markets bioproduction products and services for the cell and gene therapy (CGT) industry in the United States, Europe, the Middle East, Africa, and internationally.

Honkarakenne Oyj

Market Cap: €16.2m

Designs, manufactures, and sells log and solid-wood house packages in Finland.

Camden National

Market Cap: US$708.0m

Operates as the bank holding company for Camden National Bank that provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers in the United States.

Absolent Air Care Group

Market Cap: SEK 2.7b

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

HL Holdings

Market Cap: ₩384.7b

Engages in the automobile, construction, and education/sports businesses in South Korea and internationally.

Green Oleo

Market Cap: €25.7m

Produces and sells fine oleochemicals from bridgeable and renewable sources.

Medy-Tox

Market Cap: ₩1.1t

Operates as a biopharmaceutical company in South Korea.

Astroscale Holdings

Market Cap: JP¥79.1b

Provides on-orbit service solutions.

JOST Werke

Market Cap: €788.2m

Manufactures and supplies safety-critical systems for the commercial vehicle industry in Germany, Europe, North America, Asia, Pacific, and Africa.

TBC Bank Group

Market Cap: UK£2.7b

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

Hybrid Software Group

Market Cap: €114.7m

Develops software and hardware technology solutions for graphics and industrial inkjet printing in the United Kingdom, rest of Europe, North and South America, and Asia.

Mon Courtier Energie Groupe

Market Cap: €20.0m

Operates energy brokerage network in France.

ACNB

Market Cap: US$451.3m

A financial holding company, offers banking, insurance, and financial services to individual, business, and government customers in the United States.

ALUX

Market Cap: ₩154.1b

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

Trisura Group

Market Cap: CA$2.1b

A specialty insurance company, operates in the surety, risk solutions, corporate insurance, and reinsurance businesses in Canada, the United States, and internationally.

Livero

Market Cap: JP¥9.2b

Provides cloud platforms in Japan.

Selvita

Market Cap: zł585.5m

Operates as a contract research organization worldwide.

StrongPoint

Market Cap: NOK 507.7m

Engages in the development, sale, and implementation of integrated technology solutions to retailers in Scandinavia and internationally.

Vistry Group

Market Cap: UK£1.9b

Provides housing solutions in the United Kingdom.

Robert Half

Market Cap: US$4.1b

Provides talent solutions and business consulting services in the United States and internationally.

HDC Hyundai Development

Market Cap: ₩1.5t

Operates as a financial real estate company, provides real estate services primarily in South Korea.

Atlantic Union Bankshares

Market Cap: US$4.6b

Operates as the bank holding company for Atlantic Union Bank that provides banking and related financial products and services to consumers and businesses in the United States.