Global Undervalued Stocks Based On Cash Flows

Barratt Redrow

Market Cap: UK£5.4b

Engages in the housebuilding business in the United Kingdom.

Aidma Holdings

Market Cap: JP¥47.0b

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

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.

Boliden

Market Cap: SEK 155.4b

Engages in the extracting, producing, and recycling of base metals in Sweden, Finland, other Nordic region, Germany, the United Kingdom, Europe, North America, and internationally.

Zhejiang Century Huatong GroupLtd

Market Cap: CN¥139.1b

Engages in the auto parts, Internet games, and artificial intelligence cloud data businesses in China and internationally.

MGM Resorts International

Market Cap: US$9.8b

Through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally.

CAB Payments Holdings

Market Cap: UK£167.5m

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.

CURVES HOLDINGS

Market Cap: JP¥72.9b

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

Huntington Bancshares

Market Cap: US$28.7b

Operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States.

DEUTZ

Market Cap: €1.5b

Develops, manufactures, and sells diesel and gas engines in Germany, Rest of Europe, the Middle East, Africa, the Asia Pacific, and the United States.

Contec.Co.Ltd

Market Cap: ₩215.0b

Provides space ground station, and satellite imagery services in South Korea and internationally.

Mobvista

Market Cap: HK$23.7b

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

WuXi XDC Cayman

Market Cap: HK$85.8b

An investment holding company, operates as a contract research, development, and manufacturing organization in China, North America, Europe, and internationally.

Freshworks

Market Cap: US$3.3b

A software development company, provides software-as-a-service products in North America, Europe, the Middle East, Africa, Asia Pacific, and internationally.

Fodelia Oyj

Market Cap: €44.0m

Operates as a food company in Finland.

PeptiDream

Market Cap: JP¥225.7b

A biopharmaceutical company, engages in the discovery and development of constrained peptides, small molecules, and peptide-drug conjugate therapeutics.

Sea

Market Cap: US$84.6b

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

Meitu

Market Cap: HK$34.0b

An investment holding company, engages in the development and provision of products that streamline the production of photo, video, and design with other AI-powered products in Mainland China and internationally.

ASE Technology Holding

Market Cap: NT$1.2t

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

Xiamen Amoytop Biotech

Market Cap: CN¥33.5b

Engages in research, development, production, and sale of recombinant protein drugs in China and internationally.

STEICO

Market Cap: €290.8m

Develops, produces, and markets ecological construction products made of renewable raw materials in Germany, Austria, Switzerland, Lichtenstein, France, Belgium, Netherlands, Luxemburg, South European countries, and internationally.

Esautomotion

Market Cap: €37.1m

Develops, manufactures, and sells integrated CNC systems in Italy.

Kuraray

Market Cap: JP¥493.7b

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

29Metals

Market Cap: AU$898.9m

Operates as a copper-focused base and precious metals mining company in Australia and Chile.

Elekta

Market Cap: SEK 22.2b

A medical technology company, provides clinical solutions for treating cancer and brain disorders in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Dynavox Group

Market Cap: SEK 10.5b

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

Fidelity National Information Services

Market Cap: US$34.7b

Fidelity National Information Services, Inc.

Fevertree Drinks

Market Cap: UK£933.9m

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

SK hynix

Market Cap: ₩522.0t

Manufactures, distributes, and sells semiconductor products in Korea, China, rest of Asia, the United States, and Europe.

Nokian Panimo Oyj

Market Cap: €24.4m

Engages in the brewery business in Finland.

CNB Financial

Market Cap: US$764.5m

Operates as the bank holding company for CNB Bank that provides various banking products and services for individual, business, governmental, and institutional customers.

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.

Ottobock SE KGaA

Market Cap: €4.6b

Designs and develops medical technology products and solutions for the people with limited mobility in the fields of prosthetics, orthotics, human mobility, and medical care worldwide.

Galderma Group

Market Cap: CHF 39.2b

Operates as a dermatology company worldwide.

Serabi Gold

Market Cap: UK£245.4m

Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.

Heritage Financial

Market Cap: US$825.5m

Operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and individuals in the United States.