Global Undervalued Stocks Based On Cash Flows

Shanghai V-Test Semiconductor Tech

Market Cap: CN¥12.1b

Shanghai V-Test Semiconductor Tech. Co., Ltd.

Mentice

Market Cap: SEK 275.6m

Develops, sells, and markets solutions for training and decision support in the clinical area of interventional angiography in cardiology, neurology, vascular surgery, and radiology.

MAAS Group Holdings

Market Cap: AU$1.7b

Together with subsidiaries, engages in the provision of construction materials to the civil infrastructure, renewable energy, building and construction, and mining sectors.

Agilyx

Market Cap: NOK 2.1b

Provides plastic waste solutions in Europe, the United States, and the Asia pacific.

Lotes

Market Cap: NT$158.9b

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

Dynavox Group

Market Cap: SEK 11.0b

Through its subsidiaries, engages in the development and sale of assistive technology products for customers with impaired communication skills.

Sandoz Group

Market Cap: CHF 20.7b

Develops, manufactures, and markets generic pharmaceuticals and biosimilars worldwide.

Hess Midstream

Market Cap: US$7.0b

Owns, operates, develops, and acquires midstream assets and provide fee-based services to Hess and third-party customers in the United States.

Airtasker

Market Cap: AU$163.8m

Engages in the provision of technology-enabled online marketplaces for local services in Australia.

CleanSpace Holdings

Market Cap: AU$54.4m

Designs, manufactures, and sells respirators and related products and services for people working in industrial and healthcare environments in the United Kingdom, rest of Europe, the Asia Pacific, North America, and internationally.

Mo-BRUK

Market Cap: zł1.0b

Processes industrial, hazardous, and municipal waste in Poland, Germany, Italy, Slovenia, Denmark, Romania, and Lithuania.

PPC

Market Cap: R8.6b

Engages in the production and sale of cement, aggregates, ready mix concrete, and fly ash in South Africa, Botswana, and Zimbabwe.

GPT Healthcare

Market Cap: ₹12.4b

Owns and operates a chain of multispecialty hospitals under the ILS Hospitals brand name in India.

Ningxia Building Materials GroupLtd

Market Cap: CN¥6.4b

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

doValue

Market Cap: €529.1m

Engages in the management of non-performing loans (NLP), unlikely to pay (UTP), early arrears, and performing loans for banks and investors in Italy, Spain, Greece, and Cyprus.

Suzhou Hengmingda Electronic Technology

Market Cap: CN¥11.0b

Suzhou Hengmingda Electronic Technology Co., Ltd.

Pandora

Market Cap: DKK 65.2b

Engages in the designing, manufacturing, and marketing of jewelry products.

First Busey

Market Cap: US$2.1b

Operates as the bank holding company for Busey Bank that engages in the provision of retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States.

Horizon Bancorp

Market Cap: US$791.3m

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

Zhejiang Century Huatong GroupLtd

Market Cap: CN¥143.5b

Engages in the auto parts, Internet games, and cloud data businesses in China and internationally.

Andes Technology

Market Cap: NT$14.1b

Provides embedded system application solutions.

SLM

Market Cap: US$5.6b

Through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States.

Kinsus Interconnect Technology

Market Cap: NT$66.2b

Engages in the manufacture and sale of electronic products in Taiwan and internationally.

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥34.2b

Designs, develops, manufactures, sells, and supplies auto parts in China.

Exel Composites Oyj

Market Cap: €38.0m

Manufactures and sells composite profiles and tubes made with pultrusion, pull-winding, and continuous lamination processes in Europe, North America, the Asia Pacific, and internationally.

Tibet GaoZheng Explosive

Market Cap: CN¥10.6b

Produces and sells civil explosives and blasting products in China.

Lingotes Especiales

Market Cap: €57.0m

Together with its subsidiary, Frenos y Conjuntos, engages in the design, development, casting, machining, and assembly of grey and spheroidal iron parts for the automotive sector in Spain, rest of Europe, Africa, and internationally.

AuMas Resources Berhad

Market Cap: RM 1.4b

An investment holding company, engages in gold mining business in Malaysia.

Yangtze Optical Fibre And Cable Limited

Market Cap: HK$54.5b

Engages in the production and sale of optical fiber preforms rods, optical fiber, and optical fiber cables in China and internationally.

Flux Power Holdings

Market Cap: US$104.2m

Through its subsidiary, designs, develops, manufactures, and sells lithium-ion energy storage solutions in North America.

Kitron

Market Cap: NOK 12.3b

Operates as an electronics manufacturing services provider in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, China, Malaysia, and the United States.

SigmaRoc

Market Cap: UK£1.3b

Through its subsidiaries, invests in and/or acquires projects in the quarried materials sector.

Nordisk Bergteknik

Market Cap: SEK 692.6m

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

SBO

Market Cap: €434.2m

Manufactures and sells steel products worldwide.

Digital Workforce Services Oyj

Market Cap: €39.0m

Provides business process automation services and technology solutions in Finland, Sweden, Norway, Denmark, Poland, rest of the European Union, and internationally.

Exail Technologies

Market Cap: €1.4b

Provides robotics, maritime, navigation, aerospace, and photonics technologies solutions in France and internationally.