Global Undervalued Stocks Based On Cash Flows

National Atomic Company Kazatomprom JSC

Market Cap: US$9.5t

Explores for, produces, processes, markets, and sells uranium and uranium related products.

XD

Market Cap: HK$27.2b

An investment holding company, develops, publishes, operates, and distributes mobile and web games in Mainland China and internationally.

Rheinmetall

Market Cap: €56.2b

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

cBrain

Market Cap: DKK 1.1b

A software company, provides software solutions for government, private, education, and non-profit sectors in Denmark, the European Union, and internationally.

Hanjaya Mandala Sampoerna

Market Cap: Rp80.3t

Engages in manufacture, distribution, and trading of cigarettes and other tobacco products in Indonesia and Internationally.

B&S Group

Market Cap: €492.4m

Distributes consumer goods worldwide.

Netcompany Group

Market Cap: DKK 15.6b

Engages in the provision of IT solutions to private and public customers in Denmark, Norway, the United Kingdom, the Netherlands, Greece, Belgium, Luxembourg, and internationally.

Man Group

Market Cap: UK£3.2b

Man Group Limited is a publicly owned investment manager.

InterGlobe Aviation

Market Cap: ₹1.7t

Provides air transportation services under the IndiGo brand in India and internationally.

Fevertree Drinks

Market Cap: UK£867.8m

Engages in the development and sale of mixer drinks in the United Kingdom, the United States, Europe, and internationally.

Shenzhen Breo Technology

Market Cap: CN¥1.5b

Engages in research and development, production and sales portable massage products for head and eye massager; and shoulder and neck pain.

Hostelworld Group

Market Cap: UK£133.8m

Operates as an online travel agent focused on the hostel market worldwide.

Integral Diagnostics

Market Cap: AU$789.7m

A healthcare services company, provides diagnostic imaging services to general practitioners, medical specialists, and allied health professionals and their patients in Australia and New Zealand.

Tristel

Market Cap: UK£182.1m

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

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.

Paxman

Market Cap: SEK 1.3b

Provides cryotherapy solutions in the United Kingdom, Europe, North and South America, Oceania, and Asia.

Cint Group

Market Cap: SEK 2.1b

Operates as a research and measurement technology in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Workday

Market Cap: US$36.1b

Provides enterprise cloud applications in the United States and internationally.

Vulcan Two Group

Market Cap: UK£72.3m

Operates as an investment company that focus on acquiring companies or businesses focusing on the ePharmacy market.

Constellation Software

Market Cap: CA$62.1b

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

Magellan Financial Group

Market Cap: AU$1.6b

A publicly owned investment manager.

Framery Group Oyj

Market Cap: €628.1m

Through its subsidiaries, designs, manufactures, and markets soundproof private workspaces and related software solutions and pods for solving noise and privacy issues in open offices in Europe, Middle East, Africa, North, Central and South America, and Asia Pacific.

AcrobiosystemsLtd

Market Cap: CN¥6.6b

Engages in the development and manufacture of recombinant proteins, antibodies, and other biological reagents for pharmaceutical and biotechnology companies, and scientific research institutions.

Nan Ya Printed Circuit Board

Market Cap: NT$557.0b

Manufactures and sells printed circuit boards (PCBs) in Taiwan, the United States, Mainland China, Korea, and internationally.

Grupo Aeroportuario del Sureste S. A. B. de C. V

Market Cap: Mex$154.5b

Grupo Aeroportuario del Sureste, S. A. B.

AlzChem Group

Market Cap: €1.9b

Develops, produces, and markets a range of chemical specialties in Germany, European Union, rest of Europe, Asia, NAFTA region, and internationally.

Merck

Market Cap: US$284.4b

Operates as a healthcare company worldwide.

Biocytogen Pharmaceuticals (Beijing)

Market Cap: HK$42.4b

A biotechnology company, engages in the research and development of novel antibody-based drugs and pre-clinical research services in the People’s Republic of China, the United States, and internationally.

Inner Mongolia Xingye Silver & Tin Mining

Market Cap: CN¥76.3b

Engages in the mining and beneficiation of non-ferrous and precious metals in China, Hong Kong, and Mongolia.

Bike24 Holding

Market Cap: €128.1m

Operates an online cycling platform in Germany, Austria, Switzerland, rest of Europe, and internationally.

Casta Diva Group

Market Cap: €28.0m

Operates as a communication company in Italy and internationally.

BTG Consulting

Market Cap: UK£195.1m

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

Premium Group

Market Cap: JP¥75.1b

Engages in the provision of financing and services worldwide.

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.

Mitie Group

Market Cap: UK£2.2b

Provides facilities management and professional services in the United Kingdom and internationally.

AbbVie

Market Cap: US$384.7b

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