Global Undervalued Stocks Based On Cash Flows

InterGlobe Aviation

Market Cap: ₹1.7t

Provides air transportation services under the IndiGo brand in India and internationally.

Antam (Persero)

Market Cap: Rp62.7t

Operates as a diversified metals and mining company in Indonesia.

Vista Group International

Market Cap: NZ$540.8m

Provides software and technology solutions to the film industry sectors in New Zealand and internationally.

B&S Group

Market Cap: €492.4m

Distributes consumer goods worldwide.

Pan-United

Market Cap: S$1.0b

An investment holding company, engages in the concrete and logistics businesses in Singapore and internationally.

DEUTZ

Market Cap: €1.5b

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.

China XLX Fertiliser

Market Cap: HK$14.7b

An investment holding company, engages in the development, manufacture, and sale of urea primarily in Mainland China and internationally.

Rheinmetall

Market Cap: €55.4b

Provides mobility and security technologies in Germany, Rest of Europe, North, Middle, and South America, Asia and the Near East, and internationally.

Almonty Industries

Market Cap: CA$7.9b

Engages in mining, processing, and shipping of tungsten concentrates.

Innovent Biologics

Market Cap: HK$132.8b

A biopharmaceutical company, engages in the research and development of antibody and protein medicine products in the People’s Republic of China, the United States, Europe, and internationally.

M&G

Market Cap: UK£7.5b

Through its subsidiaries, provides investment and savings products to institutional clients and individual policyholders in the United Kingdom and internationally.

Nanjing Vazyme Biotech

Market Cap: CN¥6.9b

Offers technology solutions for life science, biomedicine, and in vitro diagnostics.

Holcim

Market Cap: CHF 41.7b

Provides building materials and solutions in Europe, Latin America, and Asia, Middle East, and Africa.

Klaviyo

Market Cap: US$4.7b

Provides a cloud-based software-as-a-service platform in the United States, rest of the Americas, the Asia-Pacific, the United Kingdom, rest of Europe, the Middle East, and Africa.

Live Oak Bancshares

Market Cap: US$1.7b

Operates as the bank holding company for Live Oak Banking Company that provides various banking products and services in the United States.

Ework Group

Market Cap: SEK 1.0b

Engages in the provision of total talent solutions for IT/OT, research and development, engineering, and business development in Sweden, Norway, Finland, Germany, Denmark, Poland, the Netherlands, and Slovakia.

Sanoma Oyj

Market Cap: €1.5b

Operates as a media and learning company in Finland, the Netherlands, Poland, Spain, Belgium, Italy, and internationally.

Bonesupport Holding

Market Cap: SEK 14.6b

An orthobiologics company, develops and commercializes injectable bio-ceramic bone graft substitutes in the United States, Europe, and internationally.

Strike Group

Market Cap: JP¥69.7b

Provides mergers and acquisitions brokerage services for small and medium-sized companies in Japan.

Vincorion

Market Cap: €875.5m

Develops and manufactures power and mechatronic solutions for defense platforms and aviation systems in Germany and internationally.

BTG Consulting

Market Cap: UK£201.6m

Provides business recovery, financial advisory, and property services consultancy services in the United Kingdom.

HD-Hyundai Marine Engine

Market Cap: ₩2.2t

Manufactures and sells marine engines, industrial facilities, and plants in South Korea and internationally.

Nido Education

Market Cap: AU$67.8m

Owns, operates, and manages long day early childhood education and care centers under the Nido Early School brand in Australia.

Rio2

Market Cap: CA$1.7b

Engages in the exploration, development, and mining of mineral properties in Canada, Peru, Bahamas, and Chile.

elumeo

Market Cap: €10.3m

Through its subsidiaries, engages in the design, procurement, and distribution of gemstone jewelry.

Green Oleo

Market Cap: €18.6m

Produces and sells fine oleochemicals from renewable raw materials.

Sansan

Market Cap: JP¥209.2b

Engages in the planning, development, and selling of cloud-based solutions in Japan.

Oracle

Market Cap: US$662.4b

Offers products and services that address enterprise information technology environments worldwide.

RHI Magnesita

Market Cap: UK£1.4b

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

AbbVie

Market Cap: US$383.6b

A research-based biopharmaceutical company, engages in the research and development, manufacturing, commercializing, and sale of medicines and therapies worldwide.

STI

Market Cap: ₩389.2b

Operates in the semiconductor equipment industry in Korea.

Rayhoo Motor DiesLtd

Market Cap: CN¥6.3b

Engages in the automobile manufacturing equipment and automobile lightweight parts businesses in China and internationally.

Hostelworld Group

Market Cap: UK£137.5m

Operates as an online travel agent focused on the hostel market worldwide.

Cint Group

Market Cap: SEK 2.0b

Operates as a research and measurement technology in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Eurotech

Market Cap: €82.6m

Engages in the research, development, and marketing of miniaturized computers and high-performance computers in Italy, Europe, North America, and Asia.

Rayonier

Market Cap: US$6.3b

A land resources real estate investment trust (REIT) with a portfolio comprising over four million acres in the U.S.