Global Undervalued Stocks Based On Cash Flows

Electro Optic Systems Holdings

Market Cap: AU$1.9b

Engages in the development, manufacture, and sale of telescopes and dome enclosures, laser satellite tracking systems, remote weapon systems, and high laser weapon.

Nexstim

Market Cap: €63.3m

A medical technology company, engages in the development of non-invasive brain stimulation technologies in Finland, rest of Europe, North America, and internationally.

B&S Group

Market Cap: €492.4m

Distributes consumer goods worldwide.

Nanya Technology

Market Cap: NT$962.1b

Research, develops, manufactures, and sells semiconductor products in Taiwan, Japan, Malaysia, China, the United States, Thailand, Germany, Singapore, Poland and internationally.

Live Oak Bancshares

Market Cap: US$1.7b

Operates as the bank holding company for Live Oak Banking Company that provides various banking products and services in the United States.

Gilead Sciences

Market Cap: US$162.0b

A biopharmaceutical company, discovers, develops, and commercializes medicines in the areas of unmet medical need in the United States, Europe, and internationally.

Revenio Group Oyj

Market Cap: €374.6m

Provides ophthalmological devices and software solutions for the diagnosis of glaucoma, macular degeneration, and diabetic retinopathy in Finland, the United States, and internationally.

Ework Group

Market Cap: SEK 1.0b

Engages in the provision of total talent solutions for IT/OT, research and development, engineering, and business development in Sweden, Norway, Finland, Germany, Denmark, Poland, the Netherlands, and Slovakia.

Super Group (SGHC)

Market Cap: US$7.0b

Operates as an online sports betting and gaming operator.

Mahindra Logistics

Market Cap: ₹35.2b

Provides integrated logistics and mobility solutions in India and internationally.

Cogstate

Market Cap: AU$447.4m

A neuroscience solutions company, engages in the creation, validation, and commercialization of digital brain health assessments worldwide.

Holcim

Market Cap: CHF 40.0b

Provides building materials and solutions in Europe, Latin America, and Asia, Middle East, and Africa.

Korea Circuit

Market Cap: ₩2.5t

Engages in the production and sale of printed circuit boards worldwide.

elumeo

Market Cap: €10.3m

Through its subsidiaries, engages in the design, procurement, and distribution of gemstone jewelry.

TIMAH

Market Cap: Rp26.7t

Engages in tin mining and smelting operations in Indonesia and internationally.

Capricorn Metals

Market Cap: AU$6.1b

Explores, develops, evaluates, and produces gold in Australia.

Oxford Biomedica

Market Cap: UK£749.7m

A contract development and manufacturing organization, focuses on delivering therapies to patients worldwide.

Tristel

Market Cap: UK£184.5m

Develops, manufactures, and sells infection prevention products in the United Kingdom, Australia, Germany, Western Europe, and internationally.

Upstart Holdings

Market Cap: US$2.8b

Operates a cloud-based artificial intelligence (AI) lending platform in the United States.

BEAUTY GARAGE

Market Cap: JP¥18.1b

BEAUTY GARAGE Inc. purchases and sells beautician and beauty products and equipment.

Icelandic Salmon

Market Cap: NOK 2.4b

Engages in production, processing, and sale of salmon and salmon-based products in Europe, North America, and Asia.

Plus Alpha ConsultingLtd

Market Cap: JP¥101.1b

Provides marketing and HR solutions in japan.

Rayonier

Market Cap: US$6.1b

A land resources real estate investment trust (REIT) with a portfolio comprising over four million acres in the U.S.

Kingstone Companies

Market Cap: US$231.6m

Through its subsidiary, Kingstone Insurance Company, provides property and casualty insurance products in the United States.

Matrix Design

Market Cap: CN¥6.3b

Engages in the space design and soft furnishing businesses in China.

BTG Consulting

Market Cap: UK£195.9m

Provides business recovery, financial advisory, and property services consultancy services in the United Kingdom.

M&G

Market Cap: UK£7.5b

Through its subsidiaries, provides investment and savings products to institutional clients and individual policyholders in the United Kingdom and internationally.

Yunnan Energy New Material (Group)

Market Cap: CN¥71.5b

Provides film products in China and internationally.

Rheinmetall

Market Cap: €56.3b

Provides mobility and security technologies in Germany, Rest of Europe, North, Middle, and South America, Asia and the Near East, and internationally.

AbbVie

Market Cap: US$375.1b

A research-based biopharmaceutical company, engages in the research and development, manufacturing, commercializing, and sale of medicines and therapies worldwide.

Ganesha Ecosphere

Market Cap: ₹25.6b

Primarily manufactures and sells recycled polyester staple fiber in India.

Sanoma Oyj

Market Cap: €1.5b

Operates as a media and learning company in Finland, the Netherlands, Poland, Spain, Belgium, Italy, and internationally.

Solstice Advanced Materials

Market Cap: US$13.4b

Operates as a specialty chemicals and advanced materials company in the United States and internationally.

DEUTZ

Market Cap: €1.5b

Engages in the development, production, distribution, maintenance, and servicing of diesel and gas engines in Germany, Rest of Europe, the Middle East, Africa, the Asia Pacific, and the United States.

Military Commercial Bank

Market Cap: ₫198.6t

Provides banking products and services in Vietnam.

B90 Holdings

Market Cap: UK£10.1m

Operates online sportsbook and casino products in the Isle of Man.