Global Undervalued Stocks Based On Cash Flows

Sparebank 68° Nord

Market Cap: NOK 524.8m

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

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥32.2b

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

Boreo Oyj

Market Cap: €41.7m

Together with its subsidiairies, owns, acquires, and develops small and medium sized companies in Finland, Sweden, Baltic Countries, and internationally.

Elan

Market Cap: JP¥51.4b

Engages in the nursing care business primarily in Japan.

Horizon Bancorp

Market Cap: US$657.5m

Operates as the bank holding company for Horizon Bank that engages in the provision of commercial and retail banking services.

Camurus

Market Cap: SEK 39.8b

A biopharmaceutical company, develops and commercializes medicines for severe and chronic diseases in Europe, Africa, the Middle East, North America, and Asia.

Camden National

Market Cap: US$619.3m

Operates as the bank holding company for Camden National Bank that provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers in the United States.

Nanya Technology

Market Cap: NT$135.6b

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

Insource

Market Cap: JP¥77.8b

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

Xi'an NovaStar Tech

Market Cap: CN¥14.2b

Engages in the provision of light-emitting diode (LED) display control solutions in China.

Man Group

Market Cap: UK£1.8b

Man Group Limited is a publicly owned investment manager.

ams-OSRAM

Market Cap: CHF 1.1b

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.

Inspire Medical Systems

Market Cap: US$3.7b

A medical technology company, focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA) in the United States and internationally.

RXO

Market Cap: US$2.5b

Engages in truck brokerage business in the United States, Canada, Mexico, Asia, and Europe.

Groupe Dynamite

Market Cap: CA$3.7b

Designs, distributes, and sells women’s apparel under the Dynamite and Garage brand names in Canada and the United States.

Nan Ya Printed Circuit Board

Market Cap: NT$114.0b

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

Rheinmetall

Market Cap: €78.2b

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

Hanza

Market Cap: SEK 5.1b

Provides manufacturing solutions.

Appen

Market Cap: AU$245.0m

Operates as an AI lifecycle company that provides data sourcing, data annotation, and model evaluation solutions in Australia, the United States, and internationally.

Corporativo Fragua. de

Market Cap: Mex$52.3b

Operates pharmacy stores under the Superfarmacia name in Mexico.

H.U. Group Holdings

Market Cap: JP¥184.9b

Operates healthcare business in Japan, the United States, Europe, and internationally.

Ion Beam Applications

Market Cap: €341.8m

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

FB Financial

Market Cap: US$2.2b

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

Origin Bancorp

Market Cap: US$1.1b

Operates as a bank holding company for Origin Bank that provides banking and financial services to small and medium-sized businesses, municipalities, and retail clients in Texas, Louisiana, and Mississippi.

cottaLTD

Market Cap: JP¥4.7b

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

doValue

Market Cap: €464.1m

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.

WesBanco

Market Cap: US$2.8b

Operates as the bank holding company for WesBanco Bank, Inc.

Next Geosolutions Europe

Market Cap: €478.1m

Provides marine geoscience and offshore construction support services in Europe, Asia, and North America.

Astroscale Holdings

Market Cap: JP¥79.4b

Provides on-orbit service solutions.

Definitive Healthcare

Market Cap: US$401.5m

Provides software as a service (SaaS) healthcare commercial intelligence platform in the United States and internationally.

SpiderPlus

Market Cap: JP¥17.9b

Engages in information and communication technology business in Japan.

Forum Engineering

Market Cap: JP¥65.0b

Provides personnel management services for mechanical and electrical engineers in Japan.

Similarweb

Market Cap: US$671.3m

Provides digital data and analytics for power critical business decisions in the United States, Europe, the Asia Pacific, the United Kingdom, Israel, and internationally.

EF-ON

Market Cap: JP¥7.9b

Operates as an energy service company in Japan.

NBT Bancorp

Market Cap: US$1.9b

A financial holding company, provides commercial banking, retail banking, and wealth management services.

Hypera

Market Cap: R$16.4b

Operates as a pharmaceutical company in Brazil.