Global Undervalued Stocks Based On Cash Flows

Sparebank 68° Nord

Market Cap: NOK 524.8m

Operates as a savings bank that provides a range of banking services to personal and corporate market in Norway.

Ion Beam Applications

Market Cap: €341.8m

Designs, produces, and markets solutions for cancer diagnosis and treatments in Belgium, the United States, and internationally.

Japan Eyewear Holdings

Market Cap: JP¥51.1b

Through its subsidiaries, engages in the planning, designing, manufacturing, wholesaling, and retailing of eyewear products in Japan.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥31.9b

Manufactures and sells power distribution and utilization systems in China and internationally.

Nanya Technology

Market Cap: NT$137.7b

Research, develops, manufactures, and sells semiconductor products in Taiwan, Japan, Malaysia, China, the United States, Thailand, Germany, Singapore, Poland and internationally.

Wismilak Inti Makmur

Market Cap: Rp1.6t

Manufactures and sells cigarettes in Indonesia and internationally.

Horizon Bancorp

Market Cap: US$657.5m

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

Elan

Market Cap: JP¥52.6b

Engages in the nursing care business primarily in Japan.

Camden National

Market Cap: US$619.3m

Operates as the bank holding company for Camden National Bank that provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers in the United States.

Allied Machinery

Market Cap: CN¥5.4b

Designs, researches and develops, produces, and sells high-precision mechanical parts and precision cavity mold products in China and the United States.

Inspire Medical Systems

Market Cap: US$3.7b

A medical technology company, focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA) in the United States and internationally.

Xi'an NovaStar Tech

Market Cap: CN¥13.9b

Engages in the provision of light-emitting diode (LED) display control solutions in China.

RXO

Market Cap: US$2.5b

Engages in truck brokerage business in the United States, Canada, Mexico, Asia, and Europe.

Insource

Market Cap: JP¥78.3b

Provides various lecturer dispatch type training, open lecture, and other services in Japan.

Groupe Dynamite

Market Cap: CA$3.7b

Designs, distributes, and sells women’s apparel under the Dynamite and Garage brand names in Canada and the United States.

Nan Ya Printed Circuit Board

Market Cap: NT$113.7b

Manufactures and sells printed circuit boards (PCBs) in Taiwan, the United States, Mainland China, Korea, and internationally.

H.U. Group Holdings

Market Cap: JP¥184.5b

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

Dive

Market Cap: JP¥8.0b

Primarily provides staffing and recruitment services for resorts.

Corporativo Fragua. de

Market Cap: Mex$52.3b

Operates pharmacy stores under the Superfarmacia name in Mexico.

Appen

Market Cap: AU$242.4m

Operates as an AI lifecycle company that provides data sourcing, data annotation, and model evaluation solutions in Australia, the United States, and internationally.

Cambi

Market Cap: NOK 3.5b

Provides thermal hydrolysis solutions for sewage sludge and organic waste management in Europe, the Americas, Asia, Africa, and Oceania.

FB Financial

Market Cap: US$2.2b

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

Astroscale Holdings

Market Cap: JP¥81.1b

Provides on-orbit service solutions.

Origin Bancorp

Market Cap: US$1.1b

Operates as a bank holding company for Origin Bank that provides banking and financial services to small and medium-sized businesses, municipalities, and retail clients in Texas, Louisiana, and Mississippi.

Qt Group Oyj

Market Cap: €1.5b

Offers cross-platform solutions for the software development lifecycle in Finland, rest of Europe, the Asia Pacific, and North America.

WesBanco

Market Cap: US$2.8b

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

cottaLTD

Market Cap: JP¥4.7b

Engages in manufacture and sale of confectionary food materials and food packaging materials in Japan and internationally.

Definitive Healthcare

Market Cap: US$401.5m

Provides software as a service (SaaS) healthcare commercial intelligence platform in the United States and internationally.

SpiderPlus

Market Cap: JP¥17.8b

Engages in information and communication technology business in Japan.

Forum Engineering

Market Cap: JP¥65.1b

Provides personnel management services for mechanical and electrical engineers in Japan.

Digital Workforce Services Oyj

Market Cap: €38.2m

Provides business process automation services and technology solutions in Finland, Sweden, Norway, Denmark, Poland, rest of the European Union, and internationally.

Similarweb

Market Cap: US$671.3m

Provides digital data and analytics for power critical business decisions in the United States, Europe, the Asia Pacific, the United Kingdom, Israel, and internationally.

NBT Bancorp

Market Cap: US$1.9b

A financial holding company, provides commercial banking, retail banking, and wealth management services.

Hypera

Market Cap: R$16.4b

Operates as a pharmaceutical company in Brazil.

EF-ON

Market Cap: JP¥7.9b

Operates as an energy service company in Japan.

Profoto Holding

Market Cap: SEK 872.0m

Provides lighting equipment for professional photographers, cinematographers, and studios in Sweden and internationally.