Global Undervalued Stocks Based On Cash Flows

Investar Holding

Market Cap: US$230.2m

Operates as the bank holding company for Investar Bank that provides a range of commercial banking products to individuals, professionals, and small to medium-sized businesses in south Louisiana, southeast Texas, and Alabama in the United States.

TOWA

Market Cap: JP¥123.8b

Engages in the design, development, manufacture, and sale of semiconductor manufacturing equipment and high-precision molds in Japan and internationally.

Willdan Group

Market Cap: US$1.6b

Provides professional, technical, and consulting services primarily in the United States.

Peapack-Gladstone Financial

Market Cap: US$498.5m

Operates as the bank holding company for Peapack Private Bank & Trust that provides private banking and wealth management services in the United States.

E-Globe

Market Cap: €12.0m

Engages in the online sale of air conditioners, boilers, stoves, solar panels, fan coils, heat pumps, and water heaters in Italy and internationally.

Hypera

Market Cap: R$14.9b

Operates as a pharmaceutical company in Brazil.

Corporativo Fragua. de

Market Cap: Mex$51.4b

Operates pharmacy stores under the Superfarmacia name in Mexico.

Wix.com

Market Cap: US$7.4b

Operates a cloud-based web development platform for registered users and creators worldwide.

e.l.f. Beauty

Market Cap: US$7.0b

A beauty company, provides cosmetics and skin care products worldwide.

Direcional Engenharia

Market Cap: R$7.7b

Engages in the development and construction of real estate properties in Brazil.

Wanguo Gold Group

Market Cap: HK$31.7b

An investment holding company, engages in mining, ore processing, and sale of concentrate products in the People’s Republic of China and Solomon Islands.

Hanza

Market Cap: SEK 5.1b

Provides manufacturing solutions.

Chifeng Jilong Gold MiningLtd

Market Cap: CN¥47.1b

Operates as a gold and non-ferrous metal mining company.

Lum Chang Creations

Market Cap: S$160.7m

Operates as urban revitalization specialists that offers conservation and restoration works in Singapore and Malaysia.

Apotea

Market Cap: SEK 11.1b

Operates an online pharmacy in Sweden.

Xiamen Amoytop Biotech

Market Cap: CN¥34.6b

Engages in research, development, production, and sale of recombinant protein drugs in China.

Takara Bio

Market Cap: JP¥115.2b

Engages in the businesses of reagents, equipment, contract services, and genetic medicine in Japan, China, the rest of Asia, the United States, Europe, and internationally.

Aquila Part Prod Com

Market Cap: RON 1.7b

Provides distribution and logistics services in Romania, Moldova, Poland, the Netherlands, Germany, and internationally.

Sunjin Beauty ScienceLtd

Market Cap: ₩131.0b

SUNJIN BEAUTY SCIENCE Co. ,Ltd. researches, develops, manufactures, and exports cosmetics, surfactant, and polymer bead products.

Atea

Market Cap: NOK 16.2b

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

ATON Green Storage

Market Cap: €15.7m

Engages in the production and sale of storage systems for photovoltaic systems and battery energy storage system.

Unimicron Technology

Market Cap: NT$214.0b

Engages in the development, manufacturing, processing, and sale of printed circuit boards, electrical equipment, electronic products, and testing and burn-in systems for integrated circuit products worldwide.

Cosmax

Market Cap: ₩2.5t

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

Reckon

Market Cap: AU$69.7m

Provides software solutions in Australia, New Zealand, the United States, and internationally.

Northwest Bancshares

Market Cap: US$1.8b

Operates as the bank holding company for Northwest Bank, a state-chartered savings bank that provides personal and business banking solutions in the United States.

Matsuya R&DLtd

Market Cap: JP¥15.6b

Develops, manufactures, and sells stitching systems for automobile safety devices in Japan.

Santos Brasil Participações

Market Cap: R$12.3b

Provides port container handling and logistics services in Brazil.

ABO Energy GmbH KGaA

Market Cap: €340.3m

Develops renewable energy projects in Germany and internationally.

Canatu Oyj

Market Cap: €319.2m

Develops and sells carbon nanotubes (CNTs) and related products for the semiconductor, automotive, and medical diagnostics industries in Finland, the United States, Japan, and Taiwan.

Customers Bancorp

Market Cap: US$2.2b

Operates as the bank holding company for Customers Bank that provides banking products and services.

Metropolitan Bank Holding

Market Cap: US$806.6m

Operates as the bank holding company for Metropolitan Commercial Bank that provides a range of business, commercial, and retail banking products and services.

MilDef Group

Market Cap: SEK 7.1b

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

iFamilySC

Market Cap: ₩405.1b

iFamilySC Co. Ltd operates as an interactive branding company that connects content and products online and offline in South Korea and internationally.

Robit Oyj

Market Cap: €24.7m

Engages in the design, manufacture, and sale of drilling consumables for mining, quarrying, construction, and well drilling industries in Finland.

Alfio Bardolla Training Group

Market Cap: €9.6m

Provides personal finance training services in Italy and internationally.

Fiverr International

Market Cap: US$872.4m

Operates an online marketplace worldwide.