Global Undervalued Stocks Based On Cash Flows

Bank First

Market Cap: US$1.2b

Operates as a holding company for Bank First, N.A.

Workiva

Market Cap: US$4.3b

Provides cloud-based reporting solutions in the Americas and internationally.

ULS Group

Market Cap: JP¥40.2b

Provides IT consulting and solutions in Japan.

Foraco International

Market Cap: CA$185.9m

Provides drilling services in North America, South America, the Asia Pacific, the Middle East, Africa, and Europe.

Talabat Holding

Market Cap: د.إ28.9b

Operates an on-demand online food ordering, delivery, takeaway and groceries, and convenience retail marketplace in the United Arab Emirates, Kuwait, Qatar, Bahrain, Egypt, Oman, Jordan, and Iraq.

Mpac Group

Market Cap: UK£99.2m

Provides packaging and automation solutions to healthcare, clean energy, and food and beverage sectors worldwide.

Q2 Holdings

Market Cap: US$4.7b

Provides digital solutions to financial institutions, financial technology companies, FinTechs, and alternative finance companies (Alt-FIs) in the United States.

Orla Mining

Market Cap: CA$4.3b

Acquires, explores, develops, and exploits mineral properties.

Delignit

Market Cap: €25.8m

Engages in the development, production, and sale of ecological materials and system solutions in Germany.

Saigon Thuong Tin Commercial Bank

Market Cap: ₫102.0t

Provides banking products and services to individual and corporate clients.

Duke Capital

Market Cap: UK£149.4m

A private equity firm specializing in Management Buyouts, buy-and-build strategies, mid-market, minority buyouts, restructuring investments & royalty financing in small and medium size businesses.

MGI Tech

Market Cap: CN¥28.8b

Engages in the research, development, production, and sale of DNA sequencing instruments, reagents, and related products for precision medicine, agriculture, healthcare, and other relevant industries in China and internationally.

Catalyst Metals

Market Cap: AU$1.7b

Explores and evaluates mineral properties in Australia.

Banc of California

Market Cap: US$2.5b

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

Alnylam Pharmaceuticals

Market Cap: US$60.1b

Alnylam Pharmaceuticals, Inc. discovers, develops, and commercializes therapeutics based on ribonucleic acid interference.

Quess

Market Cap: ₹40.3b

Provides staffing and workforce solutions in India and internationally.

Sejin Heavy Industries

Market Cap: ₩734.5b

Manufactures and sells shipbuilding equipment in South Korea.

STIF Société anonyme

Market Cap: €437.0m

Manufactures and sells components for the handling of bulk products in France.

Constellation Software

Market Cap: CA$91.8b

Acquires, builds, and manages vertical market software businesses to develop mission-critical software solutions for public and private sector markets.

ASA International Group

Market Cap: UK£132.0m

Operates as a microfinance institution in Asia and Africa.

Shoper

Market Cap: zł1.4b

Provides Software as a Service solutions for e-commerce in Poland.

Cleopatra Hospitals GroupE

Market Cap: ج.م12.0b

Operates hospitals in Egypt.

iFAST

Market Cap: S$2.6b

Operates as a digital banking and wealth management platform in Singapore, Hong Kong, Malaysia, China, and the United Kingdom.

Mamezo Digital Holdings

Market Cap: JP¥29.1b

Provides IT solutions in Japan.

Northeast Group Berhad

Market Cap: RM 469.9m

An investment holding company, manufactures and sells precision engineering components.

Treasure FactoryLTD

Market Cap: JP¥43.2b

Engages in the development and operation of reuse stores in Japan.

Kanamic NetworkLTD

Market Cap: JP¥21.7b

Operates as an application and communication service provider in the elderly care and medical care fields in Japan.

BCPG

Market Cap: ฿24.4b

A renewable energy company, engages in the solar power, hydropower, wind power, and natural gas businesses in Thailand, Japan, Laos, Taiwan, Vietnam, the Philippines, and the United States.

Mader Group

Market Cap: AU$1.6b

A contracting company, provides specialist technical services in the mining, energy, and industrial sectors in Australia and internationally.

Willis Towers Watson

Market Cap: US$32.7b

Operates as an advisory, broking, and solutions company worldwide.

SKSHU PaintLtd

Market Cap: CN¥34.1b

Produces and sells paints, coatings, and building materials under the 3trees brand in China.

Evergreen Aviation Technologies

Market Cap: NT$67.4b

Provides aircraft maintenance services to airline partners in Taiwan and internationally.

PayPoint

Market Cap: UK£509.7m

Engages in the provision of payments and banking, shopping, and e-commerce services and products in the United Kingdom.

QinetiQ Group

Market Cap: UK£2.5b

Provides science and technology solution in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, and internationally.

Vishnu Chemicals

Market Cap: ₹33.4b

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

Melexis

Market Cap: €2.7b

Designs, develops, tests, and markets advanced integrated semiconductor devices primarily for the automotive industry in Europe, the Middle East, Africa, the Asia Pacific, and North and Latin America.