Global Undervalued Stocks Based On Cash Flows

Old National Bancorp

Market Cap: US$8.2b

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

McGraw Hill

Market Cap: US$2.4b

McGraw Hill, Inc., doing business as McGraw Hill, provides information solutions for K-12, higher education, and professional markets in the United States and internationally.

NexTone

Market Cap: JP¥22.1b

Provides music copyright management and licensing solutions in Japan and internationally.

Hanza

Market Cap: SEK 6.0b

Provides manufacturing solutions.

TaewoongLtd

Market Cap: ₩622.2b

Manufactures and sells open-die forgings and ring rolled products in South Korea and internationally.

Likewise Group

Market Cap: UK£65.2m

Likewise Group Plc, together with its subsidiaries, wholesales and distributes floorcoverings, rugs, and matting products for domestic and commercial flooring markets in the United Kingdom and Rest of Europe.

Aquafil

Market Cap: €169.4m

Engages in the production, reprocessing, and sale of polyamide 6 fibers and polymers in Europe, the Middle East, Africa, Asia, Oceania, and the United States.

Dime Community Bancshares

Market Cap: US$1.2b

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

Eco-Shop Marketing Berhad

Market Cap: RM 8.3b

An investment holding company, operates a chain of dollar stores in Malaysia.

Udemy

Market Cap: US$1.0b

A learning company, that operates a marketplace platform for learning skills in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Cicor Technologies

Market Cap: CHF 855.4m

Develops, and manufactures electronic components, devices, and systems worldwide.

Aecc Aero Science and TechnologyLtd

Market Cap: CN¥9.0b

Engages in the research, development, manufacture, sale, and service of aircraft engines and gas turbine parts in China, rest of Asia, the United States, and Europe.

Forterra

Market Cap: UK£391.0m

Engages in the manufacturing and sale of building products made from clay and concrete in the United Kingdom.

Talgo

Market Cap: €313.4m

Engages in design, manufacture, and maintenance of railway and auxiliary machinery for the maintenance of railway systems rolling stock worldwide.

Suzhou Hengmingda Electronic Technology

Market Cap: CN¥11.1b

Suzhou Hengmingda Electronic Technology Co., Ltd.

Tibet GaoZheng Explosive

Market Cap: CN¥10.5b

Produces and sells civil explosives and blasting products in China.

Mentice

Market Cap: SEK 282.7m

Develops, sells, and markets solutions for training and decision support in the clinical area of interventional angiography in cardiology, neurology, vascular surgery, and radiology.

Lotes

Market Cap: NT$160.6b

Designs, manufactures, and sells electronic interconnect and hardware components in Taiwan, Mainland China, and internationally.

CleanSpace Holdings

Market Cap: AU$54.8m

Designs, manufactures, and sells respirators and related products and services for people working in industrial and healthcare environments in the United Kingdom, rest of Europe, the Asia Pacific, North America, and internationally.

Advanced Medical Solutions Group

Market Cap: UK£478.6m

Develops, manufactures, and distributes products for the surgical, woundcare, and wound-closure markets in the United Kingdom, Germany, rest of Europe, the United States, and internationally.

ArcticZymes Technologies

Market Cap: NOK 1.5b

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

CURVES HOLDINGS

Market Cap: JP¥72.4b

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

doValue

Market Cap: €514.3m

Engages in the management of non-performing loans (NLP), unlikely to pay (UTP), early arrears, and performing loans for banks and investors in Italy, Spain, Greece, and Cyprus.

Ningxia Building Materials GroupLtd

Market Cap: CN¥6.4b

Manufactures and sells cement, cement clinkers, concrete, and aggregates in China.

GPT Healthcare

Market Cap: ₹12.3b

Owns and operates a chain of multispecialty hospitals under the ILS Hospitals brand name in India.

Pandora

Market Cap: DKK 67.1b

Engages in the designing, manufacturing, and marketing of jewelry products.

Andes Technology

Market Cap: NT$13.8b

Provides embedded system application solutions.

Nordisk Bergteknik

Market Cap: SEK 675.4m

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

First Busey

Market Cap: US$2.1b

Operates as the bank holding company for Busey Bank that engages in the provision of retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States.

Insource

Market Cap: JP¥77.6b

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

SigmaRoc

Market Cap: UK£1.3b

Through its subsidiaries, invests in and/or acquires projects in the quarried materials sector.

Lingotes Especiales

Market Cap: €56.0m

Together with its subsidiary, Frenos y Conjuntos, engages in the design, development, casting, machining, and assembly of grey and spheroidal iron parts for the automotive sector in Spain, rest of Europe, Africa, and internationally.

High Quality Food

Market Cap: €6.9m

Engages in the production, transformation, and distribution of food products in Italy and internationally.

AstraZeneca

Market Cap: UK£194.3b

A biopharmaceutical company, focuses on the discovery, development, manufacture, and commercialization of prescription medicines.

Gooch & Housego

Market Cap: UK£153.4m

Engages in the manufacture and sale of acousto-optics, electro-optics, fiber optics, and precision optics and systems in the United Kingdom, North America, Europe, the Asia Pacific, and internationally.

Echo Investment

Market Cap: zł2.3b

Engages in the construction, lease, and sale of office, retail, and residential buildings in Poland.