Global Undervalued Stocks Based On Cash Flows

Ategrity Specialty Insurance Company Holdings

Market Cap: US$988.7m

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

Aneka Tambang

Market Cap: Rp93.7t

Operates as a diversified metals and mining company in Indonesia.

Digital Workforce Services Oyj

Market Cap: €28.0m

Provides business process automation services and technology solutions in Finland, Sweden, the United Kingdom, and internationally.

Power Solutions International

Market Cap: US$1.8b

Designs, engineers, manufactures, markets, and sells engines and power systems in the United States, the rest of North America, the Pacific Rim, Europe, and internationally.

Qrf Comm. VA

Market Cap: €86.6m

A publicly owned real estate investment trust.

B&S Group

Market Cap: €492.4m

Distributes consumer goods worldwide.

DNOW

Market Cap: US$2.3b

Distributes pipe, valves, fittings, and pumps in the United States, Canada, and internationally.

Apotea

Market Cap: SEK 6.8b

Operates an online pharmacy in Sweden.

AppLovin

Market Cap: US$140.8b

Provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally.

Multiconsult

Market Cap: NOK 4.5b

Engages in the provision of engineering design, consultancy, and architecture services in Norway, Sweden, Denmark, Poland, and internationally.

Mare Group

Market Cap: €65.4m

Provides digital engineering services in Italy and Europe.

LapWall Oyj

Market Cap: €57.8m

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

Continental

Market Cap: €13.0b

Manufactures tire and develops and produces solutions for automotive manufacturers, industrial, and end customers worldwide.

Acast

Market Cap: SEK 5.3b

Operates as a podcasting company in Europe, North America, and internationally.

JAC Recruitment

Market Cap: JP¥134.8b

Provides recruitment consultancy services in Japan.

Serviceware

Market Cap: €130.2m

Provides a portfolio of software solutions for the digitalization and automation of service processes in Germany, Austria, Switzerland, and internationally.

cyan

Market Cap: €44.2m

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

TBC Bank Group

Market Cap: UK£2.7b

Through its subsidiaries, provides banking, leasing, insurance, brokerage, and card processing services to corporate and individual customers in Georgia, Azerbaijan, and Uzbekistan.

Gabriel Holding

Market Cap: DKK 434.5m

Develops, manufactures, and sells upholstery fabrics, components, upholstered surfaces, and related products and services in Denmark, rest of Europe, North America, Asia, and internationally.

Kogan.com

Market Cap: AU$387.1m

Operates as an online retailer in Australia.

CUC

Market Cap: JP¥30.8b

Offers healthcare services in Japan and internationally.

Coastal Financial

Market Cap: US$1.3b

Operates as the bank holding company for Coastal Community Bank that provides various banking products and services to consumers and small and medium-sized businesses in the Puget Sound region in Washington.

Revenio Group Oyj

Market Cap: €480.0m

Provides ophthalmological devices and software solutions for the diagnosis of glaucoma, macular degeneration, and diabetic retinopathy in Finland, the United States, and internationally.

FB Financial

Market Cap: US$2.9b

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

Camlin Fine Sciences

Market Cap: ₹19.9b

Research, develops, manufactures, and markets specialty chemicals, ingredients, and additive blend products in India and internationally.

Dynatrace

Market Cap: US$10.1b

Engages in the advancement of observability for digital businesses, which transforms the complexity of modern digital ecosystems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Globus Spirits

Market Cap: ₹26.5b

Manufactures and sells bulk alcohol and alcoholic products in India and internationally.

Hantech

Market Cap: ₩483.2b

Produces and sells chemical process equipment/storage tanks and cryogenic containers in South Korea.

DIGITAL HEARTS HOLDINGS

Market Cap: JP¥19.0b

Engages in the debugging, media, and other businesses.

BioLife Solutions

Market Cap: US$971.3m

Develops, manufactures, and markets bioproduction products and services for the cell and gene therapy (CGT) industry in the United States, Europe, the Middle East, Africa, and internationally.

Nordisk Bergteknik

Market Cap: SEK 658.2m

Provides rock handling and foundation solutions in Sweden, Norway, Finland, and internationally.

RHI Magnesita

Market Cap: UK£1.3b

Develops, produces, sells, installs, and maintains refractory products and systems used in industrial high-temperature processes worldwide.

WesBanco

Market Cap: US$3.5b

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

Recordati Industria Chimica e Farmaceutica

Market Cap: €10.0b

Researches, develops, produces, and sells pharmaceuticals in Italy, the United States, Spain, France, Germany, Russia, Ukraine, Turkey, Portugal, North Africa, and internationally.

DEUTZ

Market Cap: €1.6b

Engages in the development, production, distribution, maintenance, and servicing of diesel and gas engines in Germany, Rest of Europe, the Middle East, Africa, the Asia Pacific, and the United States.

Geely Automobile Holdings

Market Cap: HK$268.3b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.