Global Undervalued Stocks Based On Cash Flows

Matsuya R&DLtd

Market Cap: JP¥15.2b

Develops, manufactures, and sells stitching systems for automobile safety devices in Japan.

Atea

Market Cap: NOK 15.7b

Provides IT infrastructure and related solutions for businesses and public sector organizations in the Nordic countries and Baltic regions.

ArcticZymes Technologies

Market Cap: NOK 980.6m

A life sciences company, develops, manufactures, and commercializes recombinant enzymes for use in molecular research, in vitro diagnostics, and biomanufacturing.

Echo Investment

Market Cap: zł2.2b

Engages in the construction, lease, and sale of office, retail, and residential buildings in Poland.

Heartland Group Holdings

Market Cap: NZ$742.7m

Provides various financial services in New Zealand and Australia.

ams-OSRAM

Market Cap: CHF 1.0b

Engages in the design, manufacture, and sale of LED and optical sensor solutions in Europe, the Middle East, Africa, the Americas, and the Asia/Pacific.

ATON Green Storage

Market Cap: €15.4m

Engages in the production and sale of storage systems for photovoltaic systems and battery energy storage system.

Ategrity Specialty Insurance Company Holdings

Market Cap: US$954.6m

Through its subsidiaries, provides excess and surplus lines insurance and reinsurance products to small and medium-sized businesses in the United States.

IDI

Market Cap: €563.6m

A private equity firm specializing in leveraged buyouts, expansion capital, middle market, growth capital, acquisition of significant holdings in listed small and medium companies and secondary private equity portfolios, mezzanine financing, loans senior to senior debt, mergers and acquisitions, LBO, development capital, discounted leveraged buyouts loans in mature companies and through co-investments in pre-IPO financing.

Advanced Flower Capital

Market Cap: US$108.0m

Advanced Flower Capital Inc. originates, structures, underwrites, invests in, and manages senior secured loans and other types of mortgage loans and debt securities for established companies operating in the cannabis industry.

Suzhou Zelgen BiopharmaceuticalsLtd

Market Cap: CN¥29.8b

Suzhou Zelgen Biopharmaceuticals Co.,Ltd.

Unimicron Technology

Market Cap: NT$211.0b

Engages in the development, manufacturing, processing, and sale of printed circuit boards, electrical equipment, electronic products, and testing and burn-in systems for integrated circuit products worldwide.

Appen

Market Cap: AU$239.7m

Operates as an AI lifecycle company that provides data sourcing, data annotation, and model evaluation solutions in Australia, the United States, and internationally.

Sparebank 68° Nord

Market Cap: NOK 523.3m

Operates as a savings bank that provides a range of banking services to personal and corporate market in Norway.

Robit Oyj

Market Cap: €23.8m

Engages in the design, manufacture, and sale of drilling consumables for mining, quarrying, construction, and well drilling industries in Finland.

Aquila Part Prod Com

Market Cap: RON 1.8b

Provides distribution and logistics services in Romania, Moldova, Poland, the Netherlands, Germany, and internationally.

Northwest Bancshares

Market Cap: US$1.8b

Operates as the bank holding company for Northwest Bank, a state-chartered savings bank that provides personal and business banking solutions in the United States.

Finger

Market Cap: ₩122.4b

A fintech company, provides digital financial solutions.

archTIS

Market Cap: AU$69.5m

Engages in the design and development of products, solutions, and services for secure information sharing and collaboration in Australia and internationally.

Savaria

Market Cap: CA$1.5b

Provides accessibility solutions for the elderly and physically challenged people in Canada, the United States, Europe, and internationally.

Andes Technology

Market Cap: NT$13.9b

Provides embedded system application solutions.

Willdan Group

Market Cap: US$1.7b

Provides professional, technical, and consulting services primarily in the United States.

Corporativo Fragua. de

Market Cap: Mex$51.7b

Operates pharmacy stores under the Superfarmacia name in Mexico.

Hanza

Market Cap: SEK 5.1b

Provides manufacturing solutions.

GEM

Market Cap: CN¥34.1b

Operates in the waste resource comprehensive utilization industry in China and internationally.

Santos Brasil Participações

Market Cap: R$12.2b

Provides port container handling and logistics services in Brazil.

Clemondo Group

Market Cap: SEK 136.4m

Develops, manufactures, and sells a range of hygiene and cleaning products for automotive, medical care, and industrial sectors in Sweden.

Absolent Air Care Group

Market Cap: SEK 2.9b

Designs, develops, sells, installs, and maintains air filtration units.

Guangdong Lyric Robot AutomationLtd

Market Cap: CN¥10.0b

Guangdong Lyric Robot Automation Co.,Ltd.

Moonpig Group

Market Cap: UK£676.0m

Operates as a data and technology platform for online greeting cards and gifting in the Netherlands, Ireland, Australia, the United States, and the United Kingdom.

Kolmar Korea

Market Cap: ₩1.9t

Researches, develops, produces, and sells beauty and health products in South Korea and internationally.

First Commonwealth Financial

Market Cap: US$1.8b

A financial holding company, provides various consumer and commercial banking products and services in the United States.

Lingotes Especiales

Market Cap: €59.5m

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.

Alfio Bardolla Training Group

Market Cap: €9.7m

Provides personal finance training services in Italy and internationally.

UMB Financial

Market Cap: US$8.7b

Operates as the bank holding company that provides banking services and asset servicing in the United States 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.