Global Undervalued Stocks Based On Cash Flows

Globalstar

Market Cap: US$3.1b

Provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally.

Inspur Digital Enterprise Technology

Market Cap: HK$10.9b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

Xi'an NovaStar Tech

Market Cap: CN¥14.1b

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

Echo Investment

Market Cap: zł2.2b

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

Gogo

Market Cap: US$2.2b

Provides broadband connectivity services to the aviation industry in the United States and internationally.

Hesai Group

Market Cap: US$2.9b

Through with its subsidiaries, engages in the development, manufacture, and sale of three-dimensional light detection and ranging solutions (LiDAR) in Mainland China, Europe, North America, and internationally.

Supernus Pharmaceuticals

Market Cap: US$2.1b

A biopharmaceutical company, develops and commercializes products for the treatment of central nervous system (CNS) diseases in the United States.

Forum Engineering

Market Cap: JP¥63.4b

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

BHG Group

Market Cap: SEK 4.4b

Operates as a consumer e-commerce company in Sweden, Finland, Denmark, Norway, rest of Europe, and internationally.

Gold Royalty

Market Cap: US$446.7m

A precious metals-focused royalty company, provides financing solutions to the metals and mining industry.

Semrush Holdings

Market Cap: US$1.5b

Develops an online visibility management software-as-a-service platform in the United States, the United Kingdom, and internationally.

TBC Bank Group

Market Cap: UK£2.7b

Through its subsidiaries, provides banking, leasing, insurance, brokerage, and card processing services to corporate and individual customers in Georgia, Azerbaijan, and Uzbekistan.

Patel Engineering

Market Cap: ₹32.5b

Provides infrastructure and construction services in India and internationally.

Logic Instrument

Market Cap: €20.4m

Manufactures, distributes, and sells mobile computers for professional applications.

cyan

Market Cap: €44.4m

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

Insource

Market Cap: JP¥77.6b

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

GEM

Market Cap: CN¥34.2b

Operates in the waste resource comprehensive utilization industry in China and internationally.

BeOne Medicines

Market Cap: US$34.9b

An oncology company, engages in discovering and developing various treatments for cancer patients in the United States, China, Europe, and internationally.

Superloop

Market Cap: AU$1.6b

Operates as a telecommunications and internet service provider in Australia.

Hypera

Market Cap: R$16.3b

Operates as a pharmaceutical company in Brazil.

JOST Werke

Market Cap: €776.3m

Manufactures and supplies safety-critical systems for the commercial vehicle industry in Germany, Europe, North America, Asia, Pacific, and Africa.

Talenom Oyj

Market Cap: €160.1m

Provides accounting and other services for small and medium-sized enterprises in Finland, Sweden, Spain, and Italy.

German American Bancorp

Market Cap: US$1.5b

Operates as a financial holding company for German American Bank that provides retail and commercial banking, and health management services.

Civista Bancshares

Market Cap: US$389.5m

Operates as the financial holding company for Civista Bank that provides community banking services in the United States.

Faraday Technology

Market Cap: NT$45.2b

Operates as a fabless ASIC/SoC and silicon intellectual property (IP) provider in China, Taiwan, Japan, the United States, and internationally.

Polaris Holdings

Market Cap: JP¥51.4b

Operates a chain of hotels in Japan.

Selvita

Market Cap: zł651.6m

Operates as a contract research organization worldwide.

Fositek

Market Cap: NT$60.9b

Engages in the manufacture and wholesale of electronic materials and components.

Atea

Market Cap: NOK 16.0b

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

Franchise Brands

Market Cap: UK£261.9m

Through its subsidiaries, engages in franchising and related activities in the United Kingdom, Ireland, North America, and Continental Europe.

Andes Technology

Market Cap: NT$13.9b

Provides embedded system application solutions.

Hibino

Market Cap: JP¥23.2b

Designs, sells, installs, and maintains audio equipment in Japan and internationally.

LSL Property Services

Market Cap: UK£307.7m

Engages in the provision of business-to-business services to mortgage intermediaries and estate agent franchisees, and valuation services to lenders in the United Kingdom.

Avino Silver & Gold Mines

Market Cap: CA$665.0m

Engages in the acquisition, exploration, and advancement of mineral properties in Mexico.

doValue

Market Cap: €483.1m

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.

Trisura Group

Market Cap: CA$2.1b

A specialty insurance company, operates in the surety, risk solutions, corporate insurance, and reinsurance businesses in Canada, the United States, and internationally.