Global Undervalued Stocks Based On Cash Flows

Mandom

Market Cap: JP¥65.1b

Engages in the manufacture and sale of cosmetics, perfumes, and quasi-drugs in Japan, Indonesia, and internationally.

Camden National

Market Cap: US$702.8m

Operates as the bank holding company for Camden National Bank that provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers in the United States.

Aecon Group

Market Cap: CA$1.3b

Aecon Group Inc., together with its subsidiaries, provide construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally.

Almirall

Market Cap: €2.3b

Operates as a skin health-focused biopharmaceutical company in Spain, Europe, the Middle East, the United States, Asia, and Africa.

Hibino

Market Cap: JP¥22.8b

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

Resurs Holding

Market Cap: SEK 5.5b

Through its subsidiaries, engages in the provision of payment solutions and consumer loans in Sweden, Norway, Finland, and Denmark.

Aspocomp Group Oyj

Market Cap: €37.7m

Manufactures and sells printed circuit boards (PCBs) in Finland, Europe, and internationally.

OceanaGold

Market Cap: CA$4.4b

A gold and copper producer, engages in exploration, development, and operation of mineral properties in the United States, the Philippines, and New Zealand.

Medy-Tox

Market Cap: ₩1.1t

Operates as a biopharmaceutical company in South Korea.

Medhelp Care Aktiebolag

Market Cap: SEK 152.2m

A software-as-a-service company, operates a health platform for data-driven corporate health and supports in Sweden and Denmark.

Livero

Market Cap: JP¥9.0b

Provides cloud platforms in Japan.

Nanya New Material TechnologyLtd

Market Cap: CN¥8.9b

Manufactures, designs, develops, and sells composite materials.

STMicroelectronics

Market Cap: €24.0b

Designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

HL Holdings

Market Cap: ₩387.9b

Engages in the automobile, construction, and education/sports businesses in South Korea and internationally.

Carter Bankshares

Market Cap: US$414.3m

Operates as the bank holding company for Carter Bank & Trust that provides various retail and commercial banking products and insurance services in the United States.

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.

Oriental Kopi Holdings Berhad

Market Cap: RM 1.7b

Owns and operates café chain under the Oriental Kopi brand name in Malaysia and internationally.

ACNB

Market Cap: US$443.6m

A financial holding company, offers banking, insurance, and financial services to individual, business, and government customers in the United States.

SILICON2

Market Cap: ₩3.5t

Engages in the distribution of cosmetics products worldwide.

StrongPoint

Market Cap: NOK 514.4m

Engages in the development, sale, and implementation of integrated technology solutions to retailers in Scandinavia and internationally.

Magna Mining

Market Cap: CA$353.6m

Engages in the acquisition, exploration, and development of mineral properties in Canada.

adidas

Market Cap: €37.0b

Designs, develops, produces, and markets athletic and sports lifestyle products in Europe, North America, Greater China, Latin America, Japan, and South Korea.

Range Intelligent Computing Technology Group

Market Cap: CN¥86.3b

Provides server hosting services to internet companies and large cloud vendors in China.

Hybrid Software Group

Market Cap: €114.7m

Develops software and hardware technology solutions for graphics and industrial inkjet printing in the United Kingdom, rest of Europe, North and South America, and Asia.

Hugel

Market Cap: ₩3.6t

Develops and manufactures biopharmaceuticals in South Korea and internationally.

ALUX

Market Cap: ₩154.1b

Manufactures, supplies, and sells educational robots and drones to the education markets in South Korea.

Atakey Patates Gida Sanayi ve Ticaret

Market Cap: ₺6.0b

Atakey Patates Gida Sanayi ve Ticaret A.S.

Peijia Medical

Market Cap: HK$5.1b

Engages in the research, development, manufacturing, and sales of transcatheter valve therapeutic and neurointerventional procedural medical devices in the People’s Republic of China.

Sparebank 68° Nord

Market Cap: NOK 538.1m

Operates as a savings bank that provides a range of banking services to personal and corporate market in Norway.

Sulzer

Market Cap: CHF 4.9b

Develops and sells products and services for fluid engineering and chemical processing applications worldwide.

Grupo Hotelero Santa Fe. de

Market Cap: Mex$2.7b

Acquires, develops, and operates beach and urban hotels in Mexico.

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.

Acadia Realty Trust

Market Cap: US$2.5b

An equity real estate investment trust focused on delivering long-term, profitable growth.

Honkarakenne Oyj

Market Cap: €16.2m

Designs, manufactures, and sells log and solid-wood house packages in Finland.

Selvita

Market Cap: zł585.5m

Operates as a contract research organization worldwide.

StoneCo

Market Cap: US$4.0b

Provides financial technology and software solutions to merchants and integrated partners to conduct electronic commerce across in-store, online, and mobile channels in Brazil.