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.

Eco-Shop Marketing Berhad

Market Cap: RM 7.2b

An investment holding company, operates a chain of dollar stores in Malaysia.

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.

Daya Intiguna Yasa

Market Cap: Rp22.8t

Operates as a household appliance, furniture, stationery, electronic, and sport equipment retailer in Indonesia 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.

Pan-United

Market Cap: S$1.1b

An investment holding company, engages in the concrete and logistics businesses in Singapore 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.

Maguro Group

Market Cap: ฿2.4b

Owns and operates restaurants in Thailand.

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.