Global Undervalued Stocks Based On Cash Flows

Prosegur Cash

Market Cap: €1.0b

Provides integrated cash cycle management solutions and automating payments in retail establishments and ATM management for financial institutions, retail establishments, business, government agencies, central banks, mints, and jewellery stores in Europe, LATAM, and internationally.

E-Globe

Market Cap: €12.4m

Engages in the online sale of air conditioners, boilers, stoves, solar panels, fan coils, heat pumps, and water heaters in Italy and internationally.

Takara Bio

Market Cap: JP¥111.1b

Engages in the businesses of reagents, equipment, contract services, and genetic medicine in Japan, China, the rest of Asia, the United States, Europe, and internationally.

Suning.com

Market Cap: CN¥15.7b

Operates as a retail business in China.

Ferrari Group

Market Cap: €764.2m

Provides shipping, integrated logistics, and value-added services for jewelry and precious goods in Europe, Asia, North America, Brazil, and internationally.

Waystar Holding

Market Cap: US$7.1b

Develops a cloud-based software solution for healthcare payments.

Bowhead Specialty Holdings

Market Cap: US$793.6m

Provides commercial specialty property and casualty insurance products in the United States.

Spindox

Market Cap: €73.4m

Provides information and communication technology services in Italy and internationally.

Exail Technologies

Market Cap: €1.4b

Provides robotics, maritime, navigation, aerospace, and photonics technologies solutions in France and internationally.

PVA TePla

Market Cap: €547.5m

Offers systems and solutions to produce components for energy storage systems, photovoltaic modules, and wind turbines worldwide.

Vimi Fasteners

Market Cap: €15.6m

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.

NRW Holdings

Market Cap: AU$2.2b

Through its subsidiaries, provides diversified contract services to the resources and infrastructure sectors in Australia.

Esautomotion

Market Cap: €39.2m

Develops, manufactures, and sells industrial automation products and services in Italy.

Stille

Market Cap: SEK 1.6b

Develops, manufactures, and distributes medtech products in Sweden and internationally.

doValue

Market Cap: €513.2m

Engages in the management of non-performing loans (NLP), unlikely to pay (UTP), early arrears, and performing loans for banks and investors in Italy, Spain, Greece, and Cyprus.

IDP Education

Market Cap: AU$1.6b

Engages in the placement of students into education institutions in Australia, the United Kingdom, the United States, Canada, New Zealand, and Ireland.

Sea

Market Cap: US$92.3b

Through its subsidiaries, operates as a consumer internet company in Southeast Asia, Latin America, the rest of Asia, and internationally.

Inspire Medical Systems

Market Cap: US$2.2b

A medical technology company, focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA) in the United States and internationally.

Axfood

Market Cap: SEK 55.9b

Engages in the food retail and wholesale businesses primarily in Sweden.

Heritage Financial

Market Cap: US$762.3m

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.

WesBanco

Market Cap: US$2.9b

Operates as the bank holding company for WesBanco Bank, Inc.

Bird Construction

Market Cap: CA$1.7b

Provides construction services in Canada.

freee K.K

Market Cap: JP¥205.4b

Engages in the provision of cloud-based accounting and HR software solutions in Japan.

Nagarro

Market Cap: €610.7m

Provides digital product engineering and technology solutions in Germany, the United States of America, and internationally.

Kotobuki Spirits

Market Cap: JP¥285.3b

Produces and sells sweets in Japan and internationally.

Palm Hills DevelopmentsE

Market Cap: ج.م22.5b

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

Palomar Holdings

Market Cap: US$3.0b

A specialty insurance company, provides property and casualty insurance to individuals and businesses in the United States.

SBO

Market Cap: €453.1m

Manufactures and sells steel products worldwide.

IbidenLtd

Market Cap: JP¥2.0t

Manufactures and sells electronic and ceramics products in Japan, Asia, North America, and internationally.

Artemis Gold

Market Cap: CA$7.9b

Focuses on the identification, acquisition, and development of gold properties.

Truecaller

Market Cap: SEK 9.7b

Develops and publishes mobile caller ID applications for individuals and business in India, the Middle East, Africa, and internationally.

Witted Megacorp Oyj

Market Cap: €22.0m

Operates as a software development company in Finland, Norway, and Sweden.

Mangata Holding

Market Cap: zł345.9m

Manufactures and sells fittings, castings, fasteners, and components in Poland, the European Union, and internationally.

Forterra

Market Cap: UK£383.9m

Engages in the manufacturing and sale of building products made from clay and concrete in the United Kingdom.

BILL Holdings

Market Cap: US$5.0b

Provides financial operations platform for small and midsize businesses worldwide.

Zhejiang Tenchen Controls

Market Cap: CN¥4.2b

Engages in the research, development, production, sale, and service of automobile seats in China and internationally.