Global Undervalued Stocks Based On Cash Flows

Recruit Holdings

Market Cap: JP¥12.0t

Provides HR technology and business solutions that transforms the world of work.

CS BEARING

Market Cap: ₩192.8b

Engages in the manufacture and sale of bearings in South Korea.

Sichuan Shudao Equipment & TechnologyLtd

Market Cap: CN¥3.9b

Sichuan Shudao Equipment & Technology Co.,Ltd.

Tikehau Capital

Market Cap: €3.3b

An alternative asset management group with €46.1 billion of assets under management (as of 30 June 2024).

On the Beach Group

Market Cap: UK£456.1m

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

Sino Medical Sciences Technology

Market Cap: CN¥4.6b

A medical device company, engages in the research, development, production, and distribution of interventional devices in China.

Grupo Rotoplas. de

Market Cap: Mex$6.8b

Manufactures, purchases, sells, and installs plastic containers and accessories for water storage, conduction, and improvement solutions in Mexico, Argentina, the United States and internationally.

Shenzhen Transsion Holdings

Market Cap: CN¥87.9b

Manufactures and sells smart devices in Africa and internationally.

Coupang

Market Cap: US$55.0b

Owns and operates retail business through its mobile applications and internet websites in South Korea and internationally.

Alphamin Resources

Market Cap: CA$1.1b

Engages in the production and sale of tin concentrate.

Lojas Quero-Quero

Market Cap: R$529.7m

Engages in the general retail trade activities in Brazil.

KATITAS

Market Cap: JP¥193.8b

KATITAS CO., Ltd. surveys, purchases, refurbishes, remodels, and sells used homes to individuals and families in Japan.

Renasant

Market Cap: US$3.6b

Operates as a bank holding company for Renasant Bank that provides a range of financial, wealth management, fiduciary, and insurance services to retail and commercial customers.

Millenium Hospitality Real Estate SOCIMI

Market Cap: €386.3m

n/a

Taiwan Semiconductor Manufacturing

Market Cap: NT$28.0t

Manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally.

Innovent Biologics

Market Cap: HK$140.8b

A biopharmaceutical company, engages in the research and development of antibody and protein medicine products in the People’s Republic of China, the United States, and internationally.

ConvaTec Group

Market Cap: UK£5.4b

Engages in the development, manufacturing, and sale of medical products, services and technologies in Europe, North America, and internationally.

Seera Holding Group

Market Cap: ر.س6.9b

Provides travel and tourism services in the Kingdom of Saudi Arabia, the United Kingdom, Egypt, the United Arab Emirates, Spain, and Kuwait.

E Ink Holdings

Market Cap: NT$262.2b

Researches, develops, manufactures, and sells electronic paper display panels worldwide.

Ciena

Market Cap: US$11.5b

A network technology company, provides hardware, software, and services for various network operators in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India.

DoorDash

Market Cap: US$101.2b

Operates a commerce platform that connects merchants, consumers, and independent contractors in the United States and internationally.

AcrobiosystemsLtd

Market Cap: CN¥8.3b

Engages in the development and manufacture of recombinant proteins, antibodies, and other biological reagents for pharmaceutical and biotechnology companies, and scientific research institutions.

Banc of California

Market Cap: US$2.3b

Operates as the bank holding company for Banc of California that provides various banking products and services.

W5 Solutions

Market Cap: SEK 1.0b

Manufactures and supplies systems and solutions for the defense and civil security sectors in Sweden.

Gofore Oyj

Market Cap: €300.9m

Provides digital transformation consultancy services for private and public sectors in Finland and internationally.

Maps

Market Cap: €45.7m

A software solution provider, designs and develops technological solutions to support decision-making processes in public and private businesses and organizations.

Navamedic

Market Cap: NOK 388.6m

A pharmaceutical company, develops, produces, markets, and sells pharmaceuticals and related products in Norway, Sweden, Denmark, Finland, the Netherlands, and internationally.

Auras Technology

Market Cap: NT$57.6b

Engages in the manufacturing, processing, and retailing of electronic materials and computer cooling modules in China, Taiwan, Ireland, Singapore, the United States, and internationally.

Beijing ConST Instruments Technology

Market Cap: CN¥3.7b

Researches, develops, manufactures, and sells digital testing instruments and equipment in China and internationally.

Pennar Industries

Market Cap: ₹30.4b

Operates as an engineering company in India and internationally.

Sawai Group Holdings

Market Cap: JP¥209.0b

Together with subsidiaries, engages in the research and development, manufacturing, and marketing of generic pharmaceuticals.

Dr. Martens

Market Cap: UK£749.4m

Engages in the design, development, procurement, marketing, sale, and distribution of footwear.

SouthState

Market Cap: US$9.8b

Operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies in the United States.

Valamar Riviera d.d

Market Cap: €743.5m

Operates as a tourism company in the Republic of Croatia and internationally.

Mr. Cooper Group

Market Cap: US$9.7b

Operates as a non-bank servicer of residential mortgage loans in the United States.

MilDef Group

Market Cap: SEK 8.7b

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