Global Undervalued Stocks Based On Cash Flows

Viking Holdings

Market Cap: US$20.6b

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

Sparebank 68° Nord

Market Cap: NOK 545.3m

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

Asia Commercial Bank

Market Cap: ₫108.1t

Provides various banking products and services to personal and business customers in Vietnam.

PixArt Imaging

Market Cap: NT$33.0b

Researches, designs, produces, and sells CMOS image sensors and related ICs in Taiwan, Hong Kong, China, Japan, and internationally.

Horizon Bancorp

Market Cap: US$643.8m

Operates as the bank holding company for Horizon Bank that engages in the provision of commercial and retail banking services.

Expand Energy

Market Cap: US$27.7b

Operates as an independent natural gas production company in the United States.

J&T Global Express

Market Cap: HK$59.3b

An investment holding company, offers integrated express delivery services in the People’s Republic of China, Indonesia, the Philippines, Malaysia, Thailand, Vietnam, Saudi Arabia, the United Arab Emirates, Mexico, Brazil, and Egypt.

Mid Penn Bancorp

Market Cap: US$508.9m

Operates as the bank holding company for Mid Penn Bank that provides commercial banking services to individuals, partnerships, non-profit organizations, and corporations.

Montana Aerospace

Market Cap: CHF 1.2b

Montana Aerospace AG design, develop, and manufacture system components and complex assemblies worldwide.

Dive

Market Cap: JP¥7.7b

Primarily provides staffing and recruitment services for resorts.

Good Will Instrument

Market Cap: NT$6.3b

Manufactures and markets electrical test and measurement instruments for educational and industrial manufacturing markets.

BigBen Interactive

Market Cap: €19.6m

Designs, produces, and distributes accessories for video game consoles, and smartphones and tablets in France and internationally.

Guangdong Zhongsheng Pharmaceutical

Market Cap: CN¥13.3b

Guangdong Zhongsheng Pharmaceutical Co., Ltd.

Ibstock

Market Cap: UK£622.8m

Manufactures and sells clay and concrete building products and solutions to customers in the residential construction sector in the United Kingdom.

Food & Life Companies

Market Cap: JP¥746.4b

Operates a chain of Sushi restaurants.

Clearfield

Market Cap: US$525.7m

Manufactures and sells various fiber connectivity products in the United States and internationally.

VIGO Photonics

Market Cap: zł453.1m

Manufactures and sells semiconductor materials, and devices for photonic and microelectronic applications worldwide.

TTS (Transport Trade Services)

Market Cap: RON 767.7m

Provides freight forwarding services in Romania.

Crest Nicholson Holdings

Market Cap: UK£483.5m

Engages in building residential homes in the United Kingdom.

StemCell Institute

Market Cap: JP¥10.8b

Engages in the stem cell banking business in Japan.

Ridley

Market Cap: AU$1.1b

Engages in the provision of animal nutrition solutions in Australia.

Lincoln Educational Services

Market Cap: US$709.6m

Provides various career-oriented postsecondary education services to high school graduates and working adults in the United States.

Lectra

Market Cap: €898.8m

Provides industrial intelligence solutions for fashion, automotive, furniture markets, and other industries in Europe, the Americas, the Asia Pacific, and internationally.

Ficont Industry (Beijing)

Market Cap: CN¥5.6b

Provides wind energy, construction, and safety protection equipment in China and internationally.

Arrow Financial

Market Cap: US$422.2m

A bank holding company, provides various commercial and consumer banking, and financial products and services in the Unites States.

Central Pacific Financial

Market Cap: US$714.1m

Operates as the bank holding company for Central Pacific Bank that provides a range of commercial banking products and services to businesses, professionals, and individuals in the United States.

Peoples Financial Services

Market Cap: US$476.7m

Provides commercial and retail banking services.

Livero

Market Cap: JP¥9.1b

Provides cloud platforms in Japan.

Kunshan Kinglai Hygienic MaterialsLtd

Market Cap: CN¥11.8b

Kunshan Kinglai Hygienic Materials Co.,Ltd.

Peijia Medical

Market Cap: HK$4.3b

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

Sahara International Petrochemical

Market Cap: ر.س13.3b

Owns, establishes, operates, and manages industrial projects related to chemical and petrochemical industries in the Kingdom of Saudi Arabia.

First Reliance Bancshares

Market Cap: US$73.5m

Operates as the bank holding company for First Reliance Bank that provides banking products and services in North and South Carolina.

cottaLTD

Market Cap: JP¥4.7b

Engages in manufacture and sale of confectionary food materials and food packaging materials in Japan and internationally.

dormakaba Holding

Market Cap: CHF 3.0b

Provides access and security solutions worldwide.

MetroCity Bankshares

Market Cap: US$689.7m

Operates as the bank holding company for Metro City Bank that provides banking products and services in the United States.

Pansoft

Market Cap: CN¥3.9b

Provides management information solutions and IT integrated services for large enterprises in China.