Global Undervalued Stocks Based On Cash Flows

archTIS

Market Cap: AU$59.4m

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

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.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥31.9b

Manufactures and sells power distribution and utilization systems in China and internationally.

EQT

Market Cap: US$32.4b

Engages in the production, gathering, and transmission of natural gas.

Devsisters

Market Cap: ₩493.4b

Engages in the development of mobile games in South Korea and internationally.

Heartland Group Holdings

Market Cap: NZ$761.5m

Provides various financial services in New Zealand and Australia.

goeasy

Market Cap: CA$2.9b

Provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada.

TerraVest Industries

Market Cap: CA$3.6b

Manufactures and sells goods and services to agriculture, mining, energy production and distribution, chemical, utilities, transportation and construction, and other markets in Canada, the United States, and internationally.

Libertas 7

Market Cap: €62.8m

Engages in the real estate and investment businesses in Spain.

Duolingo

Market Cap: US$16.0b

Operates as a mobile learning platform in the United States, the United Kingdom, and internationally.

Insource

Market Cap: JP¥77.0b

Provides various lecturer dispatch type training, open lecture, and other services in Japan.

Xiaocaiyuan International Holding

Market Cap: HK$11.8b

An investment holding company, engages in the restaurant business in the People’s Republic of China.

GEM

Market Cap: CN¥33.2b

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

Xi'an NovaStar Tech

Market Cap: CN¥14.2b

Designs and develops light-emitting diode (LED) display control solutions in China and internationally.

Exel Composites Oyj

Market Cap: €40.4m

Manufactures and sells composite profiles and tubes made with pultrusion, pull-winding, and continuous lamination processes in Europe, North America, the Asia Pacific, and internationally.

Sparebank 68° Nord

Market Cap: NOK 526.2m

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

PetroVietnam Power Corporation - JSC

Market Cap: ₫34.0t

Engages in the production and distribution of industrial and consumer electricity in Vietnam.

First Commonwealth Financial

Market Cap: US$1.7b

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

Atlantic Union Bankshares

Market Cap: US$4.4b

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.

Tecnotree Oyj

Market Cap: €79.0m

Provides telecommunication IT solutions for charging, billing, customer care, and messaging and content services in Europe, the Americas, the Middle East, Africa, and the Asia Pacific.

Lyft

Market Cap: US$5.9b

Operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada.

Superloop

Market Cap: AU$1.7b

Operates as a telecommunications and internet service provider in Australia.

Inspur Digital Enterprise Technology

Market Cap: HK$12.0b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

Rheinmetall

Market Cap: €81.1b

Provides mobility and security technologies in Germany; the rest of Europe; North, Middle, and South America; Asian regions, and internationally.

cottaLTD

Market Cap: JP¥4.7b

Engages in manufacture and sale of confectionary food materials and food packaging materials in Japan and internationally.

Hibino

Market Cap: JP¥24.0b

Designs, sells, installs, and maintains audio equipment in Japan and internationally.

Hypera

Market Cap: R$15.8b

Operates as a pharmaceutical company in Brazil.

Upsales Technology

Market Cap: SEK 658.4m

Operates as a software-as-a-service company that develops and sells web-based business systems with a focus on sales, marketing, and analysis in Sweden and internationally.

Patel Engineering

Market Cap: ₹30.9b

Provides infrastructure and construction services in India and internationally.

Alfio Bardolla Training Group

Market Cap: €9.5m

Provides personal finance training services in Italy and internationally.

Guangdong Marubi Biotechnology

Market Cap: CN¥16.0b

Engages in the research and development, design, production, sale, and service of various cosmetics in China.

doValue

Market Cap: €470.2m

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.

Absolent Air Care Group

Market Cap: SEK 2.9b

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

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.

Pluxee

Market Cap: €2.5b

Offers employee benefits and engagement solutions services in France, Latin America, Continental Europe, and internationally.

Honkarakenne Oyj

Market Cap: €16.9m

Designs, manufactures, and sells log and solid-wood house packages in Finland.