Global Undervalued Stocks Based On Cash Flows

Nan Juen International

Market Cap: NT$22.7b

Engages in the research, development, manufacturing, and trading of steel ball guide rails in the United States, Asia, Europe, Africa, and internationally.

PharmaResearch

Market Cap: ₩4.5t

Operates as a biopharmaceutical company primarily in South Korea.

Sumisaujana Group Berhad

Market Cap: RM 166.0m

An investment holding company, engages in the manufacture and trade of oil and gas (O&G) specialty chemicals and additives in Malaysia, Thailand, Indonesia, Saudi Arabia, Oman, and internationally.

CAB Payments Holdings

Market Cap: UK£165.0m

Through its subsidiaries, provides foreign exchange (FX) and cross-border payments services to banks, fintech companies, supranationals, and governments in the United Kingdom and internationally.

Kits Eyecare

Market Cap: CA$623.2m

Operates a digital eyecare platform in the United States and Canada.

Nichols

Market Cap: UK£340.8m

Engages in supply of soft drinks to the retail, wholesale, catering, licensed, and leisure industries in the United Kingdom, the Middle East, Africa, and internationally.

ArcticZymes Technologies

Market Cap: NOK 1.1b

A life sciences company, develops, manufactures, and commercializes recombinant enzymes for use in molecular research, in vitro diagnostics, and biomanufacturing.

Workiva

Market Cap: US$4.7b

Provides cloud-based reporting solutions in the Americas and internationally.

Tasmea

Market Cap: AU$1.1b

Provides shutdown, maintenance, emergency breakdown, and capital upgrade services in Australia.

Sportradar Group

Market Cap: US$6.9b

Provides sports data services for the sports betting and media industries in Switzerland, the United States, North America, Africa, the Asia Pacific, the Middle East, Europe, Latin America, and the Caribbean.

Jæren Sparebank

Market Cap: NOK 1.9b

Engages in providing various financial products and services to individuals and businesses in Norway.

ASE Technology Holding

Market Cap: NT$1.2t

Provides semiconductor manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally.

Nokian Panimo Oyj

Market Cap: €24.9m

Engages in the brewery business in Finland.

Fevertree Drinks

Market Cap: UK£928.1m

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

Sea

Market Cap: US$82.8b

Through its subsidiaries, operates as a consumer internet company in Southeast Asia, Latin America, the rest of Asia, and internationally.

Dingdong (Cayman)

Market Cap: US$615.1m

Operates an e-commerce company in China.

NEUCA

Market Cap: zł3.7b

Engages in the wholesale distribution of pharmaceuticals in Poland.

Baazar Style Retail

Market Cap: ₹19.3b

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

CURVES HOLDINGS

Market Cap: JP¥74.3b

Engages in the operation and management of fitness club for women under the Curves brand name in Japan and internationally.

Great Giant Fibre Garment

Market Cap: NT$14.1b

Engages in manufacturing and selling garments and textiles in Taiwan.

Esautomotion

Market Cap: €37.1m

Develops, manufactures, and sells industrial automation products and services in Italy.

Recupero Etico Sostenibile

Market Cap: €83.3m

Provides waste management services in Italy.

Benefit Systems

Market Cap: zł11.8b

Provides non-pay employee benefits solutions in Poland, Czech Republic, Slovakia, Bulgaria, Croatia, and Turkey.

Technocraft Industries (India)

Market Cap: ₹51.0b

Engages in scaffolding business in India and internationally.

Investar Holding

Market Cap: US$262.8m

Operates as the bank holding company for Investar Bank that provides a range of commercial banking products to individuals, professionals, and small to medium-sized businesses in south Louisiana, southeast Texas, and Alabama in the United States.

Mobvista

Market Cap: HK$23.9b

Engages in the provision of advertising and marketing technology services required to develop the mobile internet ecosystem to customers worldwide.

Kinaxis

Market Cap: CA$4.7b

Provides cloud-based subscription software for supply chain operations in the United States, Europe, Asia, and Canada.

Ategrity Specialty Insurance Company Holdings

Market Cap: US$979.1m

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

LINK Mobility Group Holding

Market Cap: NOK 9.7b

Provides mobile and communication-platform-as-a-service solutions.

Streamwide

Market Cap: €193.7m

Designs, develops, markets, and maintains a set of service software for mobiles and telecommunication operators worldwide.

Fodelia Oyj

Market Cap: €44.5m

Operates as a food company in Finland.

Visional

Market Cap: JP¥405.4b

Provides human resources platform solutions in Japan.

Andes Technology

Market Cap: NT$12.4b

Provides embedded system application solutions.

Kuraray

Market Cap: JP¥499.7b

Engages in the production and sale of resins, chemicals, fibers, activated carbon, and high-performance membranes and systems worldwide.

Hensoldt

Market Cap: €9.5b

Provides sensor solutions for defense and security applications worldwide.

Takara Bio

Market Cap: JP¥96.5b

Engages in the businesses of reagents, equipment, contract services, and genetic medicine in Japan, China, the rest of Asia, the United States, Europe, and internationally.