Global Undervalued Stocks Based On Cash Flows

Essex Bio-Technology

Market Cap: HK$2.7b

An investment holding company, develops, manufactures, and sells biologic drugs in China, Hong Kong, and internationally.

Neogen Chemicals

Market Cap: ₹42.8b

Engages in the manufacture and sale of specialty chemicals in India.

Investar Holding

Market Cap: US$225.9m

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.

Industrie Chimiche Forestali

Market Cap: €36.7m

Designs, manufactures, and markets adhesives and fabrics for footwear, leather goods, packaging, automotive, clothing, upholstered furniture, boating, cement, gloss lamination, and other industrial applications in Italy and internationally.

AuMas Resources Berhad

Market Cap: RM 1.4b

An investment holding company, engages in gold mining business in Malaysia.

MAAS Group Holdings

Market Cap: AU$1.6b

Together with subsidiaries, engages in the provision of construction materials to the civil infrastructure, renewable energy, building and construction, and mining sectors.

Nexam Chemical Holding

Market Cap: SEK 304.2m

Develops solutions that enhance properties and performance of plastics in Sweden, Europe, and internationally.

First Commonwealth Financial

Market Cap: US$1.7b

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

Palm Hills DevelopmentsE

Market Cap: ج.م20.9b

Develops integrated residential and commercial real estate, and resort projects primarily in Egypt.

Pinewood Technologies Group

Market Cap: UK£398.6m

Operates as a cloud-based dealer management software provider in the United Kingdom, rest of Europe, Africa, Asia, the Middle East, and internationally.

GPT Healthcare

Market Cap: ₹12.2b

Owns and operates a chain of multispecialty hospitals under the ILS Hospitals brand name in India.

Everest Medicines

Market Cap: HK$19.8b

A biopharmaceutical company, engages in the discovery, license-in, development, and commercialization of therapies and vaccines to address critical unmet medical needs in Greater China and other Asia Pacific markets.

Guangdong Lyric Robot AutomationLtd

Market Cap: CN¥11.9b

Guangdong Lyric Robot Automation Co.,Ltd.

GigaVis

Market Cap: ₩498.8b

Researches, develops, and supplies vision inspection systems in South Korea and internationally.

AGNC Investment

Market Cap: US$10.6b

Provides private capital to housing market in the United States.

Beijing LongRuan Technologies

Market Cap: CN¥2.3b

Provides software solutions and information technology (IT) services based on geographic information system (GIS) for the coal industry.

Profoto Holding

Market Cap: SEK 712.0m

Provides lighting equipment for professional photographers, cinematographers, and studios in Sweden and internationally.

Harmony Gold Mining

Market Cap: R200.1b

Engages in the exploration, extraction, and processing of mineral properties in South Africa, Papua New Guinea, and Australasia.

Santos Brasil Participações

Market Cap: R$12.5b

Provides port and logistics services in Brazil.

James Hardie Industries

Market Cap: AU$18.9b

Engages in the manufacture and sale of fiber cement, fiber gypsum, and cement bonded boards in the United States, Australia, Europe, and New Zealand.

Lingotes Especiales

Market Cap: €57.0m

Together with its subsidiary, Frenos y Conjuntos, engages in the design, development, casting, machining, and assembly of grey and spheroidal iron parts for the automotive sector in Spain, rest of Europe, Africa, and internationally.

Micro Systemation

Market Cap: SEK 1.2b

Provides forensic technology for mobile device examination and analysis in Sweden and internationally.

SBO

Market Cap: €428.7m

Manufactures and sells steel products worldwide.

Dizal (Jiangsu) Pharmaceutical

Market Cap: CN¥32.4b

Dizal (Jiangsu) Pharmaceutical Co., Ltd. discovers, develops, and commercializes medicines in the areas of cancer and immunological diseases.

Vale Indonesia

Market Cap: Rp46.8t

Engages in the mining and processing of nickel in Indonesia.

Corporativo Fragua. de

Market Cap: Mex$51.4b

Operates pharmacy stores under the Superfarmacia name in Mexico.

Fevertree Drinks

Market Cap: UK£920.5m

Engages in the development and sale of mixer drinks in the United Kingdom, the United States, Europe, and internationally.

SigmaRoc

Market Cap: UK£1.3b

Through its subsidiaries, invests in and/or acquires projects in the quarried materials sector.

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.

AOTI

Market Cap: UK£42.5m

Produces, rents, and sells medical devices to resolve severe acute and chronic wounds for customers worldwide.

Advanced Medical Solutions Group

Market Cap: UK£482.8m

Develops, manufactures, and distributes products for the surgical, woundcare, and wound-closure markets in the United Kingdom, Germany, rest of Europe, the United States, and internationally.

Echo Investment

Market Cap: zł2.3b

Engages in the construction, lease, and sale of office, retail, and residential buildings in Poland.

Range Intelligent Computing Technology Group

Market Cap: CN¥88.7b

Provides server hosting services to internet companies and large cloud vendors in China.

Absolent Air Care Group

Market Cap: SEK 2.9b

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

Nan Juen International

Market Cap: NT$15.4b

Engages in the research, development, manufacturing, and trading of steel ball guide rails in the United States, Asia, Europe, Africa, and internationally.

First Busey

Market Cap: US$2.1b

Operates as the bank holding company for Busey Bank that engages in the provision of retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States.