Global Undervalued Stocks Based On Cash Flows

Hybrid Software Group

Market Cap: €123.1m

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.

Digital Workforce Services Oyj

Market Cap: €38.4m

Provides business process automation services and technology solutions in Finland, Sweden, Norway, Denmark, Poland, rest of the European Union, and internationally.

First National

Market Cap: US$167.2m

Operates as the bank holding company for First Bank that provides various commercial banking services to small and medium-sized businesses, individuals, estates, local governmental entities, and non-profit organizations in Virginia.

TowneBank

Market Cap: US$2.4b

Provides retail and commercial banking services for individuals, commercial enterprises, and professionals in Virginia and North Carolina.

Pegasus

Market Cap: JP¥11.5b

Manufactures and sells industrial sewing machines worldwide.

Moog

Market Cap: US$5.2b

Designs, manufactures, and integrates precision motion and fluid controls and controls systems for original equipment manufacturers and end users in the aerospace, defense, and industrial markets in the United States, Germany, and internationally.

Swire Properties

Market Cap: HK$93.4b

Develops, owns, and operates mixed-use, primarily commercial properties in Hong Kong, Mainland China, and the United States.

Docebo

Market Cap: CA$1.2b

Develops and provides a learning management platform for training in North America and internationally.

Chenbro Micom

Market Cap: NT$26.5b

Engages in the research and development, design, manufacture, processing, and trading of computer peripherals and system of expendables in the United States, China, Taiwan, Singapore, and internationally.

Propel Holdings

Market Cap: CA$941.9m

Operates as a financial technology company.

Lindab International

Market Cap: SEK 14.4b

Manufactures and sells products and solutions for ventilation systems in Sweden, Denmark, Germany, France, the United Kingdom, Norway, Ireland, and internationally.

Empreendimentos Pague Menos

Market Cap: R$1.9b

Operates a chain of pharmacies in Brazil.

Aptitude Software Group

Market Cap: UK£145.9m

Provides financial management software in the United Kingdom and internationally.

LPP

Market Cap: zł29.0b

Designs, manufactures, and distributes apparel for women, men, and children.

SAMG Entertainment

Market Cap: ₩289.2b

Produces TV series and animated feature films, and AD and games worldwide.

Ready Capital

Market Cap: US$758.2m

Operates as a real estate finance company in the United States.

Aozora Bank

Market Cap: JP¥258.2b

Provides various banking products and services in Japan and internationally.

MedinCell

Market Cap: €466.5m

A pharmaceutical company, develops long acting injectables in various therapeutic areas in France.

TF Bank

Market Cap: SEK 7.4b

A digital bank, provides consumer banking services and e-commerce solutions through a proprietary IT platform in Sweden .

Expert.ai

Market Cap: €126.5m

An artificial intelligence (AI) platform company, develops and sells cognitive computing software products based on AI algorithms to read and understand written language worldwide.

Hindustan Foods

Market Cap: ₹68.0b

Engages in the business of contract manufacturing of fast moving consumer goods in India and internationally.

Atlassian

Market Cap: US$53.1b

Through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide.

Rise Consulting Group

Market Cap: JP¥22.6b

Offers management consulting services in Japan.

NBT Bancorp

Market Cap: US$1.9b

A financial holding company, provides commercial banking, retail banking, and wealth management services.

BalnibarbiLtd

Market Cap: JP¥12.4b

Operates and manages restaurants in Japan.

Acrow

Market Cap: AU$319.5m

Provides smart integrated construction systems across formwork, industrial services, and commercial scaffolding in Australia.

World Fitness Services

Market Cap: NT$8.7b

Engages in the physical fitness, sports, and sauna business in Taiwan.

Kromek Group

Market Cap: UK£33.3m

Develops, manufactures, and sells radiation detection components and devices for the advanced imaging, CBRN detection, and biological threat detection markets.

Washington Trust Bancorp

Market Cap: US$524.5m

Operates as the bank holding company for The Washington Trust Company, of Westerly that provides various banking and financial services to individuals and businesses.

Insource

Market Cap: JP¥71.8b

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

First Bancorp

Market Cap: US$1.5b

Operates as the bank holding company for First Bank that provides banking products and services for individuals and businesses.

Cenergy Holdings

Market Cap: €1.8b

Manufactures and sells aluminium, copper, cables, steel and steel pipes, and other related products in Belgium and internationally.

Mips

Market Cap: SEK 9.3b

Develops, manufactures, and sells helmet-based safety systems in North America, Europe, Sweden, Asia, and Australia.

Tongqinglou Catering

Market Cap: CN¥5.6b

Provides catering services in China.

Fodelia Oyj

Market Cap: €58.1m

Operates as a food company in Finland.

People & Technology

Market Cap: ₩1.0t

Offers coating, calendaring, slitting, automation, and other machineries.