Global Undervalued Stocks Based On Cash Flows

Titagarh Rail Systems

Market Cap: ₹96.6b

Engages in the manufacture and sale of freight and passenger rail systems in India and internationally.

Ategrity Specialty Insurance Company Holdings

Market Cap: US$988.7m

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

Baazar Style Retail

Market Cap: ₹22.6b

Engages in the retail of various apparel and non-apparel consumer products in India.

Smartbroker Holding

Market Cap: €203.1m

Operates as online broker in Germany.

RHI Magnesita

Market Cap: UK£1.3b

Develops, produces, sells, installs, and maintains refractory products and systems used in industrial high-temperature processes worldwide.

Atea

Market Cap: NOK 15.9b

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

Power Solutions International

Market Cap: US$1.8b

Designs, engineers, manufactures, markets, and sells engines and power systems in the United States, the rest of North America, the Pacific Rim, Europe, and internationally.

Mare Group

Market Cap: €65.4m

Provides digital engineering services in Italy and Europe.

B&S Group

Market Cap: €492.4m

Distributes consumer goods worldwide.

DNOW

Market Cap: US$2.3b

Distributes pipe, valves, fittings, and pumps in the United States, Canada, and internationally.

Shenzhen Kinwong Electronic

Market Cap: CN¥59.5b

Engages in research, development, production, and sale of printed circuit boards (PCB) and electronic materials in China and internationally.

COVER

Market Cap: JP¥96.5b

COVER Corporation distribute videos and music through VTubers distribution platform in Japan.

Revenio Group Oyj

Market Cap: €480.0m

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

Integral Diagnostics

Market Cap: AU$849.3m

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.

LapWall Oyj

Market Cap: €57.8m

Designs, manufactures and sells wood-structured elements in Finland.

CUC

Market Cap: JP¥30.5b

Offers healthcare services in Japan and internationally.

Casta Diva Group

Market Cap: €30.8m

Operates as a communication company in Italy and internationally.

AppLovin

Market Cap: US$146.3b

Provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally.

Cogstate

Market Cap: AU$408.3m

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

Canatu Oyj

Market Cap: €270.2m

Develops and sells carbon nanotubes (CNTs) and related products, and manufacturing equipment for the semiconductor, automotive, and medical diagnostics industries in Finland, the United States, Japan, and Taiwan.

Apotea

Market Cap: SEK 6.8b

Operates an online pharmacy in Sweden.

TBC Bank Group

Market Cap: UK£2.7b

Through its subsidiaries, provides banking, leasing, insurance, brokerage, and card processing services to corporate and individual customers in Georgia, Azerbaijan, and Uzbekistan.

Eltel

Market Cap: SEK 1.4b

Operates as an infrastructure and service provider for critical communication and power networks in Finland, Sweden, Norway, Denmark, Lithuania, Germany, and internationally.

Lum Chang Creations

Market Cap: S$311.9m

Operates as an urban revitalization specialist that offers conservation and restoration works in Singapore and Malaysia.

Maps

Market Cap: €32.9m

A software solution provider, designs and develops technological solutions to support decision-making processes in public and private businesses and organizations.

Multiconsult

Market Cap: NOK 4.5b

Engages in the provision of engineering design, consultancy, and architecture services in Norway, Sweden, Denmark, Poland, and internationally.

Aneka Tambang

Market Cap: Rp94.7t

Operates as a diversified metals and mining company in Indonesia.

Coastal Financial

Market Cap: US$1.3b

Operates as the bank holding company for Coastal Community Bank that provides various banking products and services to consumers and small and medium-sized businesses in the Puget Sound region in Washington.

cyan

Market Cap: €44.2m

Through its subsidiaries, provides cybersecurity solutions and telecommunication services in Europe, the Middle East, Africa, and the Asia-Pacific.

Transformers and Rectifiers (India)

Market Cap: ₹92.6b

Manufactures and sells transformers in India.

SinterCast

Market Cap: SEK 626.8m

Provides process control technology to produce compacted graphite iron (CGI) for the foundry and automotive industries in Brazil, Mexico, Sweden, the United States of America, Korea, China, Spain, Japan, the United Kingdom, and internationally.

Qrf Comm. VA

Market Cap: €86.6m

A publicly owned real estate investment trust.

FB Financial

Market Cap: US$2.9b

Operates as a bank holding company for FirstBank that provides a suite of commercial and consumer banking services.

Serviceware

Market Cap: €130.2m

Provides a portfolio of software solutions for the digitalization and automation of service processes in Germany, Austria, Switzerland, and internationally.

Dynatrace

Market Cap: US$10.1b

Engages in the advancement of observability for digital businesses, which transforms the complexity of modern digital ecosystems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

DEUTZ

Market Cap: €1.6b

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.