Global Undervalued Stocks Based On Cash Flows

ArcticZymes Technologies

Market Cap: NOK 868.2m

A life sciences company, develops, manufactures, and commercializes recombinant enzymes for use in molecular research, in vitro diagnostics, and biomanufacturing in Norway, Germany, Lithuania, France, Italy, the United Kingdom, rest of Europe, the United States, and internationally.

Heritage Financial

Market Cap: US$873.4m

Operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and individuals in the United States.

Sichuan Kelun-Biotech Biopharmaceutical

Market Cap: HK$80.5b

A biopharmaceutical company, engages in the research and development, manufacturing, and commercialization of novel drugs in oncology, immunology, and other therapeutic areas in the People’s Republic of China and internationally.

PSI Software

Market Cap: €464.6m

Develops and integrates software solutions and products for optimizing the flow of energy and materials for utilities and industry worldwide.

Kid

Market Cap: NOK 6.0b

Operates as a home textile retailer in Norway, Sweden, Finland, and Estonia.

Flight Centre Travel Group

Market Cap: AU$2.9b

Provides travel retailing services for the leisure and corporate sectors in Australia, New Zealand, the Americas, Europe, the Middle East, Africa, Asia, and internationally.

SinterCast

Market Cap: SEK 802.8m

Provides process control technology to produce compacted graphite iron (CGI) for the foundry and automotive industries in Brazil, Mexico, Sweden, the United States of America, Korea, China, Spain, Japan, the United Kingdom, and internationally.

Top Glove Corporation Bhd

Market Cap: RM 5.5b

An investment holding company, manufactures, trades in, and sells gloves in Malaysia, Thailand, the People’s Republic of China, and internationally.

Pagaya Technologies

Market Cap: US$1.7b

A product-focused technology company, deploys data science and proprietary artificial intelligence-powered technology for financial services and other service providers, their customers, and asset investors in the United States, Israel, and the Cayman Islands.

Anhui Jinhe IndustrialLtd

Market Cap: CN¥12.7b

Engages in the chemicals business in China.

Wuxi Lead Intelligent EquipmentLTD

Market Cap: CN¥36.9b

Develops, manufactures, and sells intelligent equipment in China.

Specialty Natural Products

Market Cap: ฿2.0b

Manufactures and distributes herbal extracts, cosmetics, beverages, health supplements, and traditional medicines in Thailand and internationally.

WEILONG Delicious Global Holdings

Market Cap: HK$34.5b

Produces and sells spicy snack food in the People’s Republic of China and internationally.

Genesis Minerals

Market Cap: AU$4.7b

Engages in the exploration, production, and development of gold deposits in Western Australia.

Europris

Market Cap: NOK 14.5b

Operates as a discount variety retailer in Norway.

Nuix

Market Cap: AU$708.0m

Provides investigative analytics and intelligence software solutions in the Asia Pacific, the Americas, Europe, the Middle East, and Africa.

BigBen Interactive

Market Cap: €25.1m

Designs, produces, and distributes accessories for video game consoles, and smartphones and tablets in France and internationally.

Lingbao Gold Group

Market Cap: HK$12.6b

Primarily engages in mining, processing, smelting, refining, and sale of gold products in the People’s Republic of China.

Capricorn Metals

Market Cap: AU$4.0b

Engages in the evaluation, exploration, development, and production of gold properties in Australia.

Atour Lifestyle Holdings

Market Cap: US$4.6b

Through its subsidiaries, develops lifestyle brands around hotel offerings in the People’s Republic of China.

Generic Sweden

Market Cap: SEK 689.6m

A technology company, provides messaging services for all applications.

Chongqing Baiya Sanitary Products

Market Cap: CN¥11.5b

Chongqing Baiya Sanitary Products Co., Ltd.

GREE Holdings

Market Cap: JP¥83.8b

Operates internet and entertainment, investment, and incubation business.

Zhejiang Lante Optics

Market Cap: CN¥10.0b

Manufactures and sells optical products in China.

Eternal Hospitality GroupLtd

Market Cap: JP¥36.6b

Operates restaurants in Japan.

Beijing Chunlizhengda Medical Instruments

Market Cap: HK$7.2b

Beijing Chunlizhengda Medical Instruments Co., Ltd.

ALS

Market Cap: AU$8.9b

Engages in the provision of professional technical services primarily in the areas of testing, measurement, and inspection in Africa, Asia Pacific, Europe, the Middle East, North Africa, and the United States.

Equinox Gold

Market Cap: CA$6.0b

Engages in the acquisition, exploration, development, and operation of mineral properties in the Americas.

ACWA Power

Market Cap: ر.س195.0b

Engages in the investment, development, operation, and maintenance of power generation, water desalination, and green hydrogen production plants in the Kingdom of Saudi Arabia, the Middle East, Asia, and Africa.

Lumibird

Market Cap: €405.0m

Designs, manufactures, and sells various lasers for scientific, industrial, and medical applications internationally.

Washington Trust Bancorp

Market Cap: US$572.0m

Operates as the bank holding company for The Washington Trust Company, of Westerly that provides various banking and financial services to individuals and businesses.

Advanced Wireless Semiconductor

Market Cap: NT$15.2b

Provides foundry services in Taiwan.

WiTS

Market Cap: ₩86.4b

Develops, manufactures, and sells wireless transmission receiver modules with antenna for smartphones, wireless charging pads, NFC chip antenna, and wireless recharge SET in South Korea.

SyntheticMR

Market Cap: SEK 1.2b

Engages in the development and marketing of imaging and software solutions for magnetic resonance imaging (MRI) in Sweden and internationally.

Pkp Cargo

Market Cap: zł689.7m

Engages in the transport of goods and the provision of logistics services in the field of rail freight in Poland and internationally.

West Holdings

Market Cap: JP¥67.1b

Engages in the renewable energy business in Japan and internationally.