Global Undervalued Stocks Based On Cash Flows

PolyNovo

Market Cap: AU$891.2m

Designs, manufactures, and sells biodegradable medical devices in the United States, Australia, New Zealand, and internationally.

Figeac Aero Société Anonyme

Market Cap: €456.4m

Manufactures, supplies, and sells equipment and sub-assemblers for aeronautics sector in France.

Lectra

Market Cap: €950.1m

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

Surgical Science Sweden

Market Cap: SEK 7.7b

Develops and markets virtual reality simulators for evidence-based medical training in Europe, North and South America, Asia, and internationally.

Talenom Oyj

Market Cap: €160.1m

Provides accounting and other services for small and medium-sized enterprises in Finland, Sweden, Spain, and Italy.

Shenzhen KSTAR Science and Technology

Market Cap: CN¥13.5b

Shenzhen KSTAR Science and Technology Co., Ltd.

Foraco International

Market Cap: CA$160.8m

Provides drilling services in North America, South America, the Asia Pacific, the Middle East, Africa, and Europe.

Suzhou Zelgen BiopharmaceuticalsLtd

Market Cap: CN¥29.6b

Suzhou Zelgen Biopharmaceuticals Co.,Ltd.

JOST Werke

Market Cap: €773.3m

Manufactures and supplies safety-critical systems for the commercial vehicle industry in Germany, Europe, North America, Asia, Pacific, and Africa.

ALUX

Market Cap: ₩152.4b

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

Ridley

Market Cap: AU$1.1b

Engages in the provision of animal nutrition solutions in Australia.

FDJ United

Market Cap: €5.5b

Engages in the gaming operation and distribution business in France and internationally.

goeasy

Market Cap: CA$3.0b

Provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada.

Atea

Market Cap: NOK 15.9b

Provides IT infrastructure and related solutions for businesses and public sector organizations in the Nordic countries and Baltic regions.

SpiderPlus

Market Cap: JP¥17.7b

Engages in information and communication technology business in Japan.

Sheng Siong Group

Market Cap: S$3.2b

An investment holding company, operates a chain of supermarket retail stores in Singapore.

Insource

Market Cap: JP¥77.5b

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

Diagnostyka

Market Cap: zł6.1b

Operates as a medical laboratory.

Wanguo Gold Group

Market Cap: HK$32.9b

An investment holding company, engages in mining, ore processing, and sale of concentrate products in the People’s Republic of China and Solomon Islands.

Westwing Group

Market Cap: €176.6m

Engages in the home and living e-commerce retail.

Forum Engineering

Market Cap: JP¥64.3b

Provides personnel management services for mechanical and electrical engineers in Japan.

Elan

Market Cap: JP¥51.9b

Engages in the nursing care business primarily in Japan.

Gogo

Market Cap: US$2.2b

Provides broadband connectivity services to the aviation industry in the United States and internationally.

Nan Ya Printed Circuit Board

Market Cap: NT$114.7b

Manufactures and sells printed circuit boards (PCBs) in Taiwan, the United States, Mainland China, Korea, and internationally.

Hibino

Market Cap: JP¥23.5b

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

Logic Instrument

Market Cap: €20.6m

Manufactures, distributes, and sells mobile computers for professional applications.

Definitive Healthcare

Market Cap: US$597.1m

Provides software as a service (SaaS) healthcare commercial intelligence platform in the United States and internationally.

Nanya Technology

Market Cap: NT$138.0b

Research, develops, manufactures, and sells semiconductor products in Taiwan, Japan, Malaysia, China, the United States, Thailand, Germany, Singapore, Poland and internationally.

Camden National

Market Cap: US$629.9m

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.

Camurus

Market Cap: SEK 41.8b

A biopharmaceutical company, develops and commercializes medicines for severe and chronic diseases in Europe, Africa, the Middle East, North America, and Asia.

cottaLTD

Market Cap: JP¥4.7b

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

Guangdong Marubi Biotechnology

Market Cap: CN¥15.9b

Engages in the research and development, design, production, sale, and service of various cosmetics in China.

Sparebank 68° Nord

Market Cap: NOK 532.2m

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

Pennant Group

Market Cap: US$792.1m

Provides healthcare services in the United States.

Andritz

Market Cap: €6.5b

Engages in the provision of industrial machinery, equipment, and services in Europe, North America, South America, China, Asia, Africa, Australia, and internationally.

Inspur Digital Enterprise Technology

Market Cap: HK$12.1b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.