Global Undervalued Stocks Based On Cash Flows

Aidma Holdings

Market Cap: JP¥47.0b

Engages in the sales, business, and management support businesses in Japan.

JINS HOLDINGS

Market Cap: JP¥129.1b

Through its subsidiaries, engages in the planning, manufacturing, sales, and import/export of eyewear in Japan and internationally.

Kuraray

Market Cap: JP¥488.9b

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

Dynavox Group

Market Cap: SEK 11.0b

Through its subsidiaries, engages in the development and sale of assistive technology products for customers with impaired communication skills.

Neo Performance Materials

Market Cap: CA$646.9m

Engages in the manufacture and sale of rare earth, magnetic powders, magnets, and rare metal-based functional materials in China, Japan, Thailand, South Korea, North America, Europe, and internationally.

Horizon Bancorp

Market Cap: US$872.7m

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

Takara Bio

Market Cap: JP¥95.7b

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.

Visional

Market Cap: JP¥401.8b

Provides human resources platform solutions in Japan.

Clearfield

Market Cap: US$407.1m

Designs, manufactures, and distributes fiber management, protection, and delivery products in the United States and internationally.

Nicolet Bankshares

Market Cap: US$1.8b

Operates as the bank holding company for Nicolet National Bank that provides banking products and services for businesses and individuals in Wisconsin, Michigan, and Minnesota.

Technocraft Industries (India)

Market Cap: ₹51.0b

Engages in scaffolding business in India and internationally.

KB Components

Market Cap: SEK 2.3b

Designs, develops, manufactures, and sells polymer components for light vehicles, heavy vehicles, medical, furniture, industrial, lighting, chrome plating, and industrial window applications in Sweden and internationally.

Unimot

Market Cap: zł1.1b

An independent fuel importer, engages in the wholesale and distribution of diesel oil and other liquid fuels in Poland and internationally.

Nan Juen International

Market Cap: NT$23.2b

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

Innovent Biologics

Market Cap: HK$131.2b

A biopharmaceutical company, engages in the research and development of antibody and protein medicine products in the People’s Republic of China, the United States, and internationally.

Tasmea

Market Cap: AU$1.1b

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

Allcore

Market Cap: €20.4m

Provides tax and business consulting services for small and medium-sized businesses in Italy.

Dime Community Bancshares

Market Cap: US$1.3b

Operates as the holding company for Dime Community Bank that engages in the provision of various commercial banking and financial services.

CURVES HOLDINGS

Market Cap: JP¥73.7b

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

Fifth Third Bancorp

Market Cap: US$31.4b

Operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States.

Gym Group

Market Cap: UK£266.3m

Operates a network of gym facilities under the Gym Group brand name in the United Kingdom.

Resolute Mining

Market Cap: AU$2.6b

Engages in mining, prospecting, and exploration of mineral properties in Africa.

Streamwide

Market Cap: €194.2m

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

WidePoint

Market Cap: US$54.5m

Provides technology management as a service (TMaaS) to the government and business enterprises in the United States and Europe.

Valley National Bancorp

Market Cap: US$6.6b

Operates as the holding company for Valley National Bank that provides various commercial, private banking, retail, insurance, and wealth management financial services products.

Investar Holding

Market Cap: US$263.9m

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.

Daiichi Sankyo Company

Market Cap: JP¥6.2t

Manufactures and sells pharmaceutical products in Japan, the United States, Europe, and internationally.

Exail Technologies

Market Cap: €1.4b

Provides robotics, maritime, navigation, aerospace, and photonics technologies solutions in France and internationally.

SmartStop Self Storage REIT

Market Cap: US$1.8b

SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA) is a self-managed REIT with a fully integrated operations team of more than 1,000 self-storage professionals focused on growing the SmartStop Self Storage brand.

LINK Mobility Group Holding

Market Cap: NOK 9.8b

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

YIT Oyj

Market Cap: €720.1m

Provides construction services in Finland, the Czech Republic, Slovakia, Poland, and internationally.

Perfect

Market Cap: US$173.1m

An artificial intelligence software as a service company, provides artificial intelligence (AI)- and augmented reality (AR)-powered solutions for beauty, fashion, and skincare industries worldwide.

H.U. Group Holdings

Market Cap: JP¥187.6b

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

Forth Corporation

Market Cap: ฿5.4b

Engages in the manufacture and distribution of electronic equipment in Thailand, Netherlands, United States of America, and internationally.

Hemnet Group

Market Cap: SEK 16.3b

Operates a residential property platform in Sweden.

Sanoma Oyj

Market Cap: €1.5b

Operates as a media and learning company in Finland, the Netherlands, Poland, Spain, Belgium, and internationally.