Global Undervalued Stocks Based On Cash Flows

Neogen Chemicals

Market Cap: ₹42.8b

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

Cosmax

Market Cap: ₩2.4t

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

Kadokawa

Market Cap: JP¥530.9b

Operates as an entertainment company in Japan.

Samyang Foods

Market Cap: ₩11.3t

Engages in the food business in South Korea and internationally.

Industrie Chimiche Forestali

Market Cap: €36.5m

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.

Tibet GaoZheng Explosive

Market Cap: CN¥10.7b

Produces and sells civil explosives and blasting products in China.

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.

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.

Devsisters

Market Cap: ₩528.5b

Engages in the development of mobile games in South Korea and internationally.

Smart Parking

Market Cap: AU$473.7m

Engages in the design, development, and management of parking management solutions in New Zealand, Australia, Denmark, Germany, and the United Kingdom.

Nexam Chemical Holding

Market Cap: SEK 291.3m

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

Pinewood Technologies Group

Market Cap: UK£403.2m

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.

Investar Holding

Market Cap: US$225.5m

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.

Essex Bio-Technology

Market Cap: HK$2.7b

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

AGNC Investment

Market Cap: US$10.6b

Provides private capital to housing market 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.

Profoto Holding

Market Cap: SEK 712.0m

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

Anhui Ronds Science & Technology

Market Cap: CN¥4.3b

Provides solutions for machinery condition monitoring in the predictive maintenance field in China.

Harmony Gold Mining

Market Cap: R200.7b

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

Lingotes Especiales

Market Cap: €57.5m

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.

Santos Brasil Participações

Market Cap: R$12.5b

Provides port and logistics services in Brazil.

Meitu

Market Cap: HK$42.6b

An investment holding company, engages in the development and provision of products that streamline the production of photo, video, and design with other AI-powered products in Mainland China and internationally.

Micro Systemation

Market Cap: SEK 1.2b

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

AuMas Resources Berhad

Market Cap: RM 1.4b

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

AOTI

Market Cap: UK£45.2m

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

Atea

Market Cap: NOK 16.3b

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

Vale Indonesia

Market Cap: Rp46.8t

Engages in the mining and processing of nickel in Indonesia.

SBO

Market Cap: €427.1m

Manufactures and sells steel products worldwide.

Advanced Medical Solutions Group

Market Cap: UK£489.3m

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.

Fevertree Drinks

Market Cap: UK£955.7m

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

High Quality Food

Market Cap: €6.3m

Engages in the production, transformation, and distribution of food products in Italy and internationally.

SigmaRoc

Market Cap: UK£1.3b

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

Echo Investment

Market Cap: zł2.3b

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

CleanSpace Holdings

Market Cap: AU$56.4m

Designs, manufactures, and sells respirators and related products and services for people working in industrial and healthcare environments in the United Kingdom, rest of Europe, the Asia Pacific, North America, and internationally.

Absolent Air Care Group

Market Cap: SEK 3.0b

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