Global Undervalued Stocks Based On Cash Flows

DigiTouch

Market Cap: €26.8m

Provides digital marketing and digital transformation services in Italy.

MilDef Group

Market Cap: SEK 6.3b

Develops, manufactures, and sells rugged IT solutions in Sweden, Norway, Finland, Denmark, the United Kingdom, Germany, Switzerland, the United States, Australia, and internationally.

New Wave Group

Market Cap: SEK 14.9b

Designs, acquires, and develops brands and products in the corporate, sports, gifts, and home furnishings sectors in Sweden, the United States, Central Europe, rest of Nordiac countries, Southern Europe, and internationally.

B&S Group

Market Cap: €492.4m

Distributes consumer goods worldwide.

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas

Market Cap: R$2.2b

Engages in the acquisition, development, exploration, and sale of agricultural properties in Brazil, Paraguay, and Bolivia.

UMB Financial

Market Cap: US$9.4b

Operates as the bank holding company that provides banking services and asset servicing in the United States and internationally.

Gildan Activewear

Market Cap: CA$13.7b

Manufactures and sells various apparel products.

DroneShield

Market Cap: AU$4.1b

Engages in the development, commercialization, and sale of hardware and software technology for drone detection and security in Australia and the United States.

CleanBnB

Market Cap: €9.2m

Develops, produces, and manages software and data management solutions for real estate management sector.

Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme

Market Cap: €75.7m

Engages in the distribution of commercial brands in various market sectors in Greece, Romania, Bulgaria, and internationally.

Money Forward

Market Cap: JP¥227.6b

Provides financial solutions for individuals, financial institutions, and corporations primarily in Japan.

Benefit Systems

Market Cap: zł12.7b

Provides non-pay employee benefits solutions in Poland, Czech Republic, Slovakia, Bulgaria, Croatia, and Turkey.

Cromwell Property Group

Market Cap: AU$1.1b

A real estate investment manager with $4.2 billion of assets under management in Australia and New Zealand on 30 June 2025.

Bowhead Specialty Holdings

Market Cap: US$828.8m

Provides commercial specialty property and casualty insurance products in the United States.

Endúr

Market Cap: NOK 4.7b

Operates as a supplier of construction and maintenance projects, services, and solutions for infrastructure in Norway and the Norwegian Continental Shelf, Sweden, and internationally.

WesBanco

Market Cap: US$3.3b

Operates as the bank holding company for WesBanco Bank, Inc.

Dexterra Group

Market Cap: CA$810.1m

Engages in the provision of support services for the creation, management, and operation of infrastructure in Canada.

Sumisaujana Group Berhad

Market Cap: RM 158.8m

An investment holding company, engages in the manufacture and trade of oil and gas (O&G) specialty chemicals and additives in Malaysia, Thailand, Indonesia, Saudi Arabia, Oman, and internationally.

Ningxia Building Materials GroupLtd

Market Cap: CN¥6.4b

Manufactures and sells cement, cement clinkers, concrete, and aggregates in China.

Freshworks

Market Cap: US$3.3b

A software development company, provides software-as-a-service products in North America, Europe, the Middle East, Africa, Asia Pacific, and internationally.

ArcticZymes Technologies

Market Cap: NOK 1.2b

A life sciences company, develops, manufactures, and commercializes recombinant enzymes for use in molecular research, in vitro diagnostics, and biomanufacturing.

D.I

Market Cap: ₩823.4b

Manufactures and supplies semiconductor inspection equipment in South Korea and internationally.

Takara Bio

Market Cap: JP¥97.4b

Engages in the businesses of reagents, equipment, contract services, and genetic medicine in Japan, China, the rest of Asia, the United States, Europe, and internationally.

Andritz

Market Cap: €7.1b

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

Knowit

Market Cap: SEK 3.1b

Operates as a consultancy company in Sweden and internationally.

Calix

Market Cap: US$3.6b

Provides cloud and software platforms, and systems and services in the United States, rest of Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Ryvu Therapeutics

Market Cap: zł611.5m

A clinical-stage drug discovery and development company, engages in developing of small molecule therapies for treatment in oncology in Poland, European Union, and internationally.

Oddity Tech

Market Cap: US$2.0b

Operates as a consumer tech company that builds digital-first brands for the beauty and wellness industries in the United States and internationally.

Matica Fintec

Market Cap: €63.8m

Designs, produces, and markets hardware and software solutions for financial and digital ID markets.

Esautomotion

Market Cap: €37.1m

Develops, manufactures, and sells integrated CNC systems in Italy.

Informa

Market Cap: UK£11.6b

Operates as an international events, digital services, and academic research company in the United Kingdom, Continental Europe, North America, China, and internationally.

Nokian Panimo Oyj

Market Cap: €25.2m

Engages in the brewery business in Finland.

Spindox

Market Cap: €73.7m

Provides information and communication technology services and solutions in Italy, Europe, and internationally.

Lumi Gruppen

Market Cap: NOK 1.0b

Operates as an education provider in Norway.

Fifth Third Bancorp

Market Cap: US$33.5b

Operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States.

Sonova Holding

Market Cap: CHF 13.1b

Manufactures and sells hearing care solutions for children and adults in Switzerland, the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific.