Global Undervalued Stocks Based On Cash Flows

Rosebank Industries

Market Cap: UK£1.3b

Does not have significant operations.

PEXA Group

Market Cap: AU$2.5b

Operates a digital property settlements platform in Australia.

Zhongjin GoldLtd

Market Cap: CN¥150.8b

Engages in the mining, smelting, and sale of non-ferrous metals in China.

ArcticZymes Technologies

Market Cap: NOK 1.2b

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

Midland States Bancorp

Market Cap: US$475.9m

Operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities.

FACC

Market Cap: €598.9m

Engages in the development, production, and maintenance of aircraft components worldwide.

WesBanco

Market Cap: US$3.4b

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

Cromwell Property Group

Market Cap: AU$1.1b

A real estate investment manager with $4.2 billion of assets under management in Australia and New Zealand on 30 June 2025.

B&S Group

Market Cap: €492.4m

Distributes consumer goods worldwide.

Troax Group

Market Cap: SEK 5.7b

Through its subsidiaries, produces and sells mesh panels in the Nordic region, the United Kingdom, North America, Europe, and internationally.

Nemetschek

Market Cap: €7.5b

Provides software solutions for architecture, engineering, construction, operation, and media industries in Germany, the rest of Europe, the Americas, the Asia Pacific, and internationally.

Modivo

Market Cap: zł9.5b

Engages in the retail sale of footwear and other products in Poland, Central and Eastern Europe, and Western Europe.

Timee

Market Cap: JP¥114.5b

Plans, develops, and operates a part-time job platform in Japan.

CURVES HOLDINGS

Market Cap: JP¥71.7b

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

DIGITAL HEARTS HOLDINGS

Market Cap: JP¥19.0b

Engages in the debugging, media, and other businesses.

Livero

Market Cap: JP¥12.4b

Provides cloud platforms in Japan.

Sanken Electric

Market Cap: JP¥149.8b

Engages in the manufacture and sale of electric equipment and apparatus in Japan and internationally.

cyan

Market Cap: €49.0m

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

KORU Medical Systems

Market Cap: US$221.9m

Develops, manufactures, and commercializes subcutaneous infusion solutions primarily for the subcutaneous drug delivery market in the United States and internationally.

LapWall Oyj

Market Cap: €57.8m

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

Vishnu Chemicals

Market Cap: ₹34.6b

Engages in the manufacture and sale of chromium chemicals in India.

TTS (Transport Trade Services)

Market Cap: RON 1.1b

Provides freight forwarding services in Romania.

Morimatsu International Holdings

Market Cap: HK$13.0b

Designs, manufactures, installs, operates, and maintains core equipment, process systems, and solutions primarily for chemical reactions, biological reactions, and polymerization.

Eltel

Market Cap: SEK 1.5b

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

EMRO

Market Cap: ₩501.9b

Provides supply chain management software in South Korea and internationally.

LaKeel

Market Cap: JP¥5.0b

Provides product, consulting, and professional services in Japan.

AGX Group Berhad

Market Cap: RM 220.8m

Through its subsidiaries, provides logistics services in Malaysia, Singapore, the Philippines, Myanmar, Korea, Vietnam, and internationally.

Upstart Holdings

Market Cap: US$2.9b

Operates a cloud-based artificial intelligence (AI) lending platform in the United States.

Zscaler

Market Cap: US$22.8b

Operates as a cloud security company worldwide.

SDI Group

Market Cap: UK£83.6m

Designs and manufactures scientific and technology products based on digital imaging and sensing and control applications worldwide.

Chifeng Jilong Gold MiningLtd

Market Cap: CN¥73.0b

Engages in mining, metallurgical processing, and sales of gold worldwide.

TOKYO BASELtd

Market Cap: JP¥16.6b

Provides clothing products in Japan.

Dometic Group

Market Cap: SEK 12.7b

Provides mobile living solutions for food and beverage, climate, power and control, and other applications in the United States, Germany, Australia, Italy, France, the United Kingdom, Japan, Canada, the Netherlands, Sweden, and internationally.

Viking Holdings

Market Cap: US$35.0b

Engages in the passenger shipping and other forms of passenger transport in North America, the United Kingdom, and internationally.

RaySearch Laboratories

Market Cap: SEK 6.2b

A medical technology company, provides software solutions for cancer treatment worldwide.

Teleste Oyj

Market Cap: €65.0m

Provides broadband, security, and information technologies and related services in Finland and internationally.