Global Undervalued Stocks Based On Cash Flows

Cicor Technologies

Market Cap: CHF 813.6m

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

Lotes

Market Cap: NT$159.5b

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

On the Beach Group

Market Cap: UK£324.4m

Operates as an online retailer of short haul beach holidays under the On the Beach brand name in the United Kingdom.

MAAS Group Holdings

Market Cap: AU$1.7b

Together with subsidiaries, engages in the provision of construction materials to the civil infrastructure, renewable energy, building and construction, and mining sectors.

Hanza

Market Cap: SEK 5.9b

Provides manufacturing solutions.

Atea

Market Cap: NOK 16.4b

Provides IT infrastructure and related solutions for businesses and public sector organizations in the Nordic countries and Baltic regions.

Aquafil

Market Cap: €162.5m

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.

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.

Hess Midstream

Market Cap: US$7.0b

Owns, operates, develops, and acquires midstream assets and provide fee-based services to Hess and third-party customers in the United States.

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.

Airtasker

Market Cap: AU$163.8m

Engages in the provision of technology-enabled online marketplaces for local services in Australia.

PPC

Market Cap: R8.6b

Engages in the production and sale of cement, aggregates, ready mix concrete, and fly ash in South Africa, Botswana, and Zimbabwe.

Ningxia Building Materials GroupLtd

Market Cap: CN¥6.4b

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

GPT Healthcare

Market Cap: ₹12.2b

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

Suzhou Hengmingda Electronic Technology

Market Cap: CN¥11.2b

Suzhou Hengmingda Electronic Technology Co., Ltd.

Pandora

Market Cap: DKK 65.2b

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

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.

Forterra

Market Cap: UK£379.2m

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

GomSpace Group

Market Cap: SEK 2.7b

Through its subsidiaries, manufactures and sells nanosatellites and components, and turnkey solutions for satellites in Denmark, Sweden, France, rest of Europe, the United States, Asia, and internationally.

Horizon Bancorp

Market Cap: US$791.3m

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

Andes Technology

Market Cap: NT$13.7b

Provides embedded system application solutions.

Lingotes Especiales

Market Cap: €57.0m

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.

Zhejiang Century Huatong GroupLtd

Market Cap: CN¥143.5b

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

SLM

Market Cap: US$5.6b

Through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States.

Mentice

Market Cap: SEK 275.6m

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

Kinsus Interconnect Technology

Market Cap: NT$66.2b

Engages in the manufacture and sale of electronic products in Taiwan and internationally.

Tibet GaoZheng Explosive

Market Cap: CN¥10.6b

Produces and sells civil explosives and blasting products in China.

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥32.9b

Designs, develops, manufactures, sells, and supplies auto parts in China.

Nordisk Bergteknik

Market Cap: SEK 692.6m

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

Dogus Otomotiv Servis ve Ticaret

Market Cap: ₺38.3b

Engages in automotive and real estate businesses in Turkey.

AuMas Resources Berhad

Market Cap: RM 1.4b

An investment holding company, engages in gold mining business in Malaysia.

Gooch & Housego

Market Cap: UK£150.1m

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.

Flux Power Holdings

Market Cap: US$104.2m

Through its subsidiary, designs, develops, manufactures, and sells lithium-ion energy storage solutions in North America.

Echo Investment

Market Cap: zł2.3b

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

Sandoz Group

Market Cap: CHF 20.7b

Develops, manufactures, and markets generic pharmaceuticals and biosimilars worldwide.

SigmaRoc

Market Cap: UK£1.3b

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