Global Undervalued Stocks Based On Cash Flows

Almirall

Market Cap: €2.3b

Operates as a skin health-focused biopharmaceutical company in Spain, Europe, the Middle East, the United States, Asia, and Africa.

Duk San NeoluxLtd

Market Cap: ₩821.6b

Develops and manufactures OLED materials for display industry in South Korea.

Taiwan Union Technology

Market Cap: NT$63.7b

Engages in the manufacture and sale of copper foil substrates, adhesive sheets, and multi-layer laminated boards in Taiwan and internationally.

Lectra

Market Cap: €940.6m

Provides industrial intelligence solutions for fashion, automotive, furniture markets, and other industries in Europe, the Americas, the Asia Pacific, and internationally.

Shanghai Conant Optical

Market Cap: HK$17.7b

Manufactures and sells resin spectacle lenses in Mainland China, the Americas, Asia, Europe, Oceania, and Africa.

Prospect Logistics and Industrial Freehold and Leasehold Real Estate Investment Trust

Market Cap: ฿4.6b

n/a

Taiyo Yuden

Market Cap: JP¥324.6b

Develops, manufactures, and sells electronic components in Japan, China, Hong Kong, and internationally.

Hybrid Software Group

Market Cap: €114.8m

Develops software and hardware technology solutions for graphics and industrial inkjet printing in the United Kingdom, rest of Europe, North and South America, and Asia.

KeePer Technical Laboratory

Market Cap: JP¥92.5b

Develops, manufactures, and sells car coatings, car washing chemicals and equipment, and other products in Japan.

Giant Biogene Holding

Market Cap: HK$58.0b

An investment holding company, designs, develops, manufactures, and sells skin treatment products with recombinant collagen in the People’s Republic of China.

Verra Mobility

Market Cap: US$4.1b

Provides smart mobility technology solutions in the United States, Australia, Europe, and Canada.

Dive

Market Cap: JP¥7.8b

Primarily provides staffing and recruitment services for resorts.

Wenzhou Yihua Connector

Market Cap: CN¥7.4b

Engages in the research, development, manufacture, and sale of communication connector and its components in China.

Ion Beam Applications

Market Cap: €338.3m

Designs, produces, and markets solutions for cancer diagnosis and treatments in Belgium, the United States, and internationally.

UMH Properties

Market Cap: US$1.5b

UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 141 manufactured home communities containing approximately 26,500 developed homesites, of which 10,400 contain rental homes, and over 1,000 self-storage units.

Laboratorios Farmaceuticos Rovi

Market Cap: €2.8b

Manufactures, sells, and markets pharmaceutical products in Spain, European Union, OECD countries, and internationally.

Ridley

Market Cap: AU$1.1b

Engages in the provision of animal nutrition solutions in Australia.

QPR Software Oyj

Market Cap: €16.1m

Provides services and software tools for developing business processes and enterprise architecture in Finland, rest of Europe, Russia, Turkey, and internationally.

doValue

Market Cap: €470.9m

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.

MAC Copper

Market Cap: US$992.9m

Focuses on operating and acquiring metals and mining businesses in Australia.

BalnibarbiLtd

Market Cap: JP¥12.7b

Operates and manages restaurants in Japan.

MilDef Group

Market Cap: SEK 8.4b

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

Roku

Market Cap: US$12.9b

Operates a TV streaming platform in the United States and internationally.

Mahindra Logistics

Market Cap: ₹25.0b

Provides integrated logistics and mobility solutions in India and internationally.

Domino's Pizza Enterprises

Market Cap: AU$1.6b

Operates retail food outlets.

Livero

Market Cap: JP¥9.0b

Provides cloud platforms in Japan.

Alfio Bardolla Training Group

Market Cap: €9.7m

Provides personal finance training services in Italy and internationally.

Green Oleo

Market Cap: €25.5m

Produces and sells fine oleochemicals from bridgeable and renewable sources.

Trøndelag Sparebank

Market Cap: NOK 542.7m

A savings bank, provides banking products and services to private and corporate customers in Norway.

Carl Zeiss Meditec

Market Cap: €4.7b

Operates as a medical technology company in Germany, rest of Europe, North America, and Asia.

T'Way Air

Market Cap: ₩439.0b

Provides air transportation services in South Korea and internationally.

Atlantic Union Bankshares

Market Cap: US$4.8b

Operates as the bank holding company for Atlantic Union Bank that provides banking and related financial products and services to consumers and businesses in the United States.

Zaptec

Market Cap: NOK 2.0b

Engages in the development and sale of chargers, charging systems, and services for electric car charging in Norway, Sweden, Switzerland, Denmark, Iceland, rest of Europe, and internationally.

Cebu Landmasters

Market Cap: ₱8.7b

Engages in the development, leasing, management, and sale of real estate properties in the Philippines.

SharkNinja

Market Cap: US$15.1b

A product design and technology company, engages in the provision of various solutions for consumers in the United States, China, and internationally.

freee K.K

Market Cap: JP¥208.2b

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