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.

Harmony Gold Mining

Market Cap: R196.5b

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

Neogen Chemicals

Market Cap: ₹42.9b

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

SBO

Market Cap: €419.2m

Manufactures and sells steel products worldwide.

Digital Workforce Services Oyj

Market Cap: €38.1m

Provides business process automation services and technology solutions in Finland, Sweden, Norway, Denmark, Poland, rest of the European Union, and internationally.

High Quality Food

Market Cap: €6.8m

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

MAAS Group Holdings

Market Cap: AU$1.7b

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

AuMas Resources Berhad

Market Cap: RM 1.4b

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

Allegro.eu

Market Cap: zł33.8b

Operates a go-to commerce platform for consumers in Poland and internationally.

AGNC Investment

Market Cap: US$10.4b

Provides private capital to housing market in the United States.

Kitron

Market Cap: NOK 11.7b

Operates as an electronics manufacturing services provider in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, China, Malaysia, and the United States.

Longino & Cardenal

Market Cap: €6.6m

Provides catering services to the hotel, restaurant, catering, and gastronomy sectors in Italy, rest of the European Union, and internationally.

Palm Hills DevelopmentsE

Market Cap: ج.م20.9b

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

Shanghai V-Test Semiconductor Tech

Market Cap: CN¥12.3b

Shanghai V-Test Semiconductor Tech. Co., Ltd.

GPT Healthcare

Market Cap: ₹12.2b

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

SolarEdge Technologies

Market Cap: US$2.3b

Designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally.

Dime Community Bancshares

Market Cap: US$1.3b

Operates as the holding company for Dime Community Bank that engages in the provision of various commercial banking and financial services.

SigmaRoc

Market Cap: UK£1.3b

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

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.

Everest Medicines

Market Cap: HK$18.8b

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.

GigaVis

Market Cap: ₩517.8b

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

James Hardie Industries

Market Cap: AU$19.2b

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

Profoto Holding

Market Cap: SEK 714.0m

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

Beijing LongRuan Technologies

Market Cap: CN¥2.2b

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

Serica Energy

Market Cap: UK£749.9m

Serica Energy plc, together with its subsidiaries, identifies, acquires, and exploits oil and gas reserves oil in the United Kingdom.

Begbies Traynor Group

Market Cap: UK£179.1m

Provides business recovery, financial advisory, and property services consultancy services in the United Kingdom.

Fevertree Drinks

Market Cap: UK£915.8m

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

On the Beach Group

Market Cap: UK£340.2m

Operates as an online retailer of short haul beach holidays under the On the Beach brand name in the United Kingdom.

Vimi Fasteners

Market Cap: €15.9m

Manufactures and supplies various fastener systems for the automotive, industrial engine and vehicle, oil and gas, and aerospace and motorsport markets in Italy and internationally.

Corpay

Market Cap: US$20.5b

Operates as a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments in the United States, Brazil, the United Kingdom, and internationally.

Santos Brasil Participações

Market Cap: R$12.5b

Provides port and logistics services in Brazil.

Glaukos

Market Cap: US$5.0b

An ophthalmic pharmaceutical and medical technology company, develops therapies for the treatment of glaucoma, corneal disorders, and retinal diseases in the United States and internationally.

Dizal (Jiangsu) Pharmaceutical

Market Cap: CN¥31.1b

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

Aker BioMarine

Market Cap: NOK 7.7b

A biotech innovator, develops and supplies krill-derived products for consumer health and wellness worldwide.

Guangdong Lyric Robot AutomationLtd

Market Cap: CN¥10.3b

Guangdong Lyric Robot Automation Co.,Ltd.

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.