Global Undervalued Stocks Based On Cash Flows

Nick Scali

Market Cap: AU$1.6b

Engages in the sourcing and retailing of household furniture and related accessories in Australia, New Zealand, and the United Kingdom.

Eltel

Market Cap: SEK 1.5b

Operates as an infrastructure and service provider for critical communication and power networks in Finland, Sweden, Norway, Denmark, Lithuania, Germany, and internationally.

HUMAN MADE

Market Cap: JP¥77.8b

Designs and produces apparel and lifestyle products.

Midland States Bancorp

Market Cap: US$500.5m

Operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities.

Haypp Group

Market Cap: SEK 3.8b

Operates as an online retailer of tobacco-free nicotine pouches and snus products in Sweden, Norway, the rest of Europe, and the United States.

CURVES HOLDINGS

Market Cap: JP¥70.8b

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

B&S Group

Market Cap: €492.4m

Distributes consumer goods worldwide.

Genuine Parts

Market Cap: US$16.2b

Distributes automotive and industrial replacement parts.

Ryvu Therapeutics

Market Cap: zł615.0m

A clinical-stage drug discovery and development company, engages in developing of small molecule therapies for treatment in oncology in Poland, European Union, and internationally.

Medley

Market Cap: JP¥63.2b

Operates platforms for recruitment and medical businesses in Japan and the United States.

Sicily by Car

Market Cap: €104.7m

Engages in the car rental business in Italy.

BluMetric Environmental

Market Cap: CA$76.4m

Provides sustainable solutions for environmental issues in Canada, the United States, and internationally.

Palfinger

Market Cap: €1.5b

Produces and sells crane and lifting solutions in Austria and internationally.

SiteMinder

Market Cap: AU$931.4m

Provides software and online licensing solutions in the Asia Pacific, Europe, the Middle East, Africa, and the Americas.

WesBanco

Market Cap: US$3.5b

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

Grieg Seafood

Market Cap: NOK 8.1b

Through its subsidiaries, operates as a fish farming company in Norway, the United Kingdom, rest of Europe, the United States, Canada, Asia, and internationally.

Cromwell Property Group

Market Cap: AU$1.1b

A real estate investment manager with $4.2 billion of assets under management in Australia and New Zealand on 30 June 2025.

cyan

Market Cap: €49.0m

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

Yangzijiang Shipbuilding (Holdings)

Market Cap: S$15.2b

An investment holding company, engages in the shipbuilding activities in the Greater China, Canada, Japan, Italy, Greece, Germany, Bulgaria, United Kingdom, Singapore, and internationally.

EMRO

Market Cap: ₩500.6b

Provides supply chain management software in South Korea and internationally.

Helens International Holdings

Market Cap: HK$1.1b

An investment holding company, engages in the bar operations and franchise business in the People’s Republic of China (PRC) and Hong Kong.

Vishnu Chemicals

Market Cap: ₹34.7b

Engages in the manufacture and sale of chromium chemicals in India.

Hypera

Market Cap: R$15.1b

Operates as a pharmaceutical company in Brazil.

LapWall Oyj

Market Cap: €58.0m

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

Peraso

Market Cap: US$8.3m

A fabless semiconductor company, develops, markets, and sells semiconductor devices and antenna modules in North America, Hong Kong, Taiwan, and internationally.

Upstart Holdings

Market Cap: US$2.9b

Operates a cloud-based artificial intelligence (AI) lending platform in the United States.

KB Components

Market Cap: SEK 2.2b

Designs, develops, manufactures, and sells polymer components for light vehicles, heavy vehicles, medical, furniture, industrial, lighting, chrome plating, and industrial window applications in Sweden and internationally.

Zeta Global Holdings

Market Cap: US$4.0b

Operates an omnichannel data-driven cloud platform that provides enterprises with consumer intelligence and marketing automation software in the United States and internationally.

TTS (Transport Trade Services)

Market Cap: RON 1.2b

Provides freight forwarding services in Romania.

SDI Group

Market Cap: UK£83.6m

Designs and manufactures scientific and technology products based on digital imaging and sensing and control applications worldwide.

Troax Group

Market Cap: SEK 5.8b

Through its subsidiaries, produces and sells mesh panels in the Nordic region, the United Kingdom, North America, Europe, and internationally.

Alphatec Holdings

Market Cap: US$1.9b

A medical technology company, designs, develops, and advances technologies for the surgical treatment of spinal disorders in the United States and internationally.

HD Renewable Energy

Market Cap: NT$15.0b

Engages in the development of solar power generation systems, engineering construction, and maintenances in Taiwan.

Viking Holdings

Market Cap: US$35.0b

Engages in the passenger shipping and other forms of passenger transport in North America, the United Kingdom, and internationally.

Environmental Group

Market Cap: AU$91.3m

Engages in the design, application, and servicing of gas, vapor and dust emission control systems, and inlet and exhaust systems for gas turbines in Australia and internationally.

KORU Medical Systems

Market Cap: US$219.6m

Develops, manufactures, and commercializes subcutaneous infusion solutions primarily for the subcutaneous drug delivery market in the United States and internationally.