Global Undervalued Stocks Based On Cash Flows

Sichuan Kelun-Biotech Biopharmaceutical

Market Cap: HK$106.3b

A biopharmaceutical company, engages in the research and development, manufacturing, and commercialization of novel drugs in oncology, immunology, and other therapeutic areas in the People’s Republic of China and internationally.

Sailvan Times

Market Cap: CN¥7.8b

Sells lifestyle products through third-party e-commerce platforms in China and internationally.

WuXi XDC Cayman

Market Cap: HK$72.0b

An investment holding company, operates as a contract research, development, and manufacturing organization in China, North America, Europe, and internationally.

B&S Group

Market Cap: €492.4m

Distributes consumer goods worldwide.

Navamedic

Market Cap: NOK 465.2m

A pharmaceutical company, develops, produces, markets, and sells pharmaceuticals and related products in Norway, Sweden, Denmark, Finland, the Netherlands, and internationally.

Serviceware

Market Cap: €129.7m

Provides a portfolio of software solutions for the digitalization and automation of service processes in Germany, Austria, Switzerland, and internationally.

Crocs

Market Cap: US$4.0b

Designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and kids under the Crocs and HEYDUDE Brands in the United States and internationally.

Altus Group

Market Cap: CA$1.9b

Provides commercial real estate (CRE) intelligence in Canada, the United States, the United Kingdom, France, rest of EMEA, Australia, and rest of the Asia Pacific.

Crexendo

Market Cap: US$191.9m

Provides cloud communication platform software and unified communications as a service in the United States and internationally.

Nordisk Bergteknik

Market Cap: SEK 649.6m

Provides rock handling and foundation solutions in Sweden, Norway, Finland, and internationally.

Dino Polska

Market Cap: zł32.4b

Operates a network of medium-sized grocery supermarkets under the Dino brand in Poland.

Sibanye Stillwater

Market Cap: R138.1b

Operates as a precious metals mining company in South Africa, the United States, Europe, and Australia.

SiteMinder

Market Cap: AU$762.4m

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

Exel Composites Oyj

Market Cap: €51.6m

Manufactures and sells pultruded composite profiles and tubes in Europe, North America, the Asia-Pacific, and internationally.

Saigon Thuong Tin Commercial Bank

Market Cap: ₫115.4t

Provides banking products and services to individual and corporate clients.

CuriosityStream

Market Cap: US$168.1m

A media and entertainment company, provides factual content through multiple channels.

Revenio Group Oyj

Market Cap: €495.4m

Provides ophthalmological devices and software solutions for the diagnosis of glaucoma, macular degeneration, and diabetic retinopathy in Finland, the United States, and internationally.

Ganesha Ecosphere

Market Cap: ₹22.8b

Primarily manufactures and sells recycled polyester staple fiber in India.

Ellington Financial

Market Cap: US$1.5b

Through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States.

Teleste Oyj

Market Cap: €66.1m

Provides broadband, security, and information technologies and related services in Finland and internationally.

Bar Harbor Bankshares

Market Cap: US$532.6m

Operates as the holding company for Bar Harbor Bank & Trust that provides banking and nonbanking products and services primarily to consumers and businesses.

EQB

Market Cap: CA$4.0b

Through its subsidiary, Equitable Bank, provides personal and commercial banking services to retail and commercial customers in Canada.

ENVIONEER

Market Cap: ₩77.1b

Develops, manufactures, and sells wet-process-based advanced composite materials in South Korea.

GS P&L

Market Cap: ₩863.6b

Through its subsidiaries, operates as a hospitality company in Korea.

Alnylam Pharmaceuticals

Market Cap: US$41.9b

Alnylam Pharmaceuticals, Inc. discovers, develops, manufactures, and commercializes therapeutics based on ribonucleic acid interference in the United States, Europe, and internationally.

Careium

Market Cap: SEK 471.9m

Provides technology-enabled care services in Sweden, Norway, the United Kingdom, the Netherlands, Germany, France, and Spain.

Recordati Industria Chimica e Farmaceutica

Market Cap: €10.0b

Researches, develops, produces, and sells pharmaceuticals in Italy, the United States, Spain, France, Germany, Russia, Ukraine, Turkey, Portugal, North Africa, and internationally.

Zhaojin Mining Industry

Market Cap: HK$113.0b

An investment holding company, engages in exploration, mining, processing, smelting, and sale of gold and other metallic products in the People’s Republic of China and internationally.

DIGITAL HEARTS HOLDINGS

Market Cap: JP¥18.7b

Engages in the debugging, media, and other businesses.

Ependion

Market Cap: SEK 2.9b

Provides digital solutions for secure control, management, visualization, and data communication for industrial applications.

Bally's Intralot

Market Cap: €1.6b

Supplies integrated gaming and transaction processing systems, game content, sports betting management, and interactive gaming services to state-licensed gaming organizations worldwide.

Xi'an NovaStar Tech

Market Cap: CN¥14.8b

Designs and develops light-emitting diode (LED) display control solutions in China and internationally.

Lotes

Market Cap: NT$248.5b

Designs, manufactures, and sells electronic interconnect and hardware components in Taiwan, Mainland China, and internationally.

Cadre Holdings

Market Cap: US$1.3b

Manufactures and distributes safety equipment and other related products that provides protection to users in hazardous or life-threatening situations in the United States and internationally.

OceanaGold

Market Cap: CA$9.2b

Engages in the exploration, development, and operation of gold and gold/copper mines in the United States, the Philippines, and New Zealand.

Sinomine Resource Group

Market Cap: CN¥53.0b

Engages in the development and utilization of lithium battery new energy raw materials, rare light metals, and solid minerals in China and internationally.