Global Undervalued Stocks Based On Cash Flows

National Atomic Company Kazatomprom JSC

Market Cap: US$9.5t

Explores for, produces, processes, markets, and sells uranium and uranium related products.

XD

Market Cap: HK$25.7b

An investment holding company, develops, publishes, operates, and distributes mobile and web games in Mainland China and internationally.

Nexam Chemical Holding

Market Cap: SEK 315.2m

Develops solutions that enhance properties and performance of plastics in Sweden, Europe, and internationally.

Integral Diagnostics

Market Cap: AU$812.0m

A healthcare services company, provides diagnostic imaging services to general practitioners, medical specialists, and allied health professionals and their patients in Australia and New Zealand.

Ambu

Market Cap: DKK 17.4b

Researches, develops, manufactures, markets, and sells medical technology solutions in North America, Europe, and internationally.

Hanjaya Mandala Sampoerna

Market Cap: Rp80.8t

Engages in manufacture, distribution, and trading of cigarettes and other tobacco products in Indonesia and Internationally.

B&S Group

Market Cap: €492.4m

Distributes consumer goods worldwide.

Tristel

Market Cap: UK£182.1m

Develops, manufactures, and sells infection prevention products in the United Kingdom, Australia, Germany, Western Europe, and internationally.

Shenzhen Breo Technology

Market Cap: CN¥1.6b

Engages in research and development, production and sales portable massage products for head and eye massager; and shoulder and neck pain.

Netcompany Group

Market Cap: DKK 15.6b

Engages in the provision of IT solutions to private and public customers in Denmark, Norway, the United Kingdom, the Netherlands, Greece, Belgium, Luxembourg, and internationally.

NCC

Market Cap: SEK 18.7b

Operates as a construction company in Sweden, Norway, Denmark, and Finland.

InterGlobe Aviation

Market Cap: ₹1.7t

Provides air transportation services under the IndiGo brand in India and internationally.

High Quality Food

Market Cap: €6.7m

Engages in the production, transformation, and distribution of food products in Italy and internationally.

Live Oak Bancshares

Market Cap: US$1.8b

Operates as the bank holding company for Live Oak Banking Company that provides various banking products and services in the United States.

Nan Ya Printed Circuit Board

Market Cap: NT$584.8b

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

Merck

Market Cap: US$293.2b

Operates as a healthcare company worldwide.

Workday

Market Cap: US$36.1b

Provides enterprise cloud applications in the United States and internationally.

Vulcan Two Group

Market Cap: UK£72.3m

Operates as an investment company that focus on acquiring companies or businesses focusing on the ePharmacy market.

Technip Energies

Market Cap: €6.2b

Operates as an engineering and technology company in Europe, Central Asia, Africa, the Middle East, the Asia Pacific, and the Americas.

AcrobiosystemsLtd

Market Cap: CN¥6.7b

Engages in the development and manufacture of recombinant proteins, antibodies, and other biological reagents for pharmaceutical and biotechnology companies, and scientific research institutions.

Grupo Aeroportuario del Sureste S. A. B. de C. V

Market Cap: Mex$154.5b

Grupo Aeroportuario del Sureste, S. A. B.

Com.Tel

Market Cap: €34.4m

Provides information and communications technology system integration solutions for companies in Italy.

Biocytogen Pharmaceuticals (Beijing)

Market Cap: HK$43.9b

A biotechnology company, engages in the research and development of novel antibody-based drugs and pre-clinical research services in the People’s Republic of China, the United States, and internationally.

Bonesupport Holding

Market Cap: SEK 14.4b

An orthobiologics company, develops and commercializes injectable bio-ceramic bone graft substitutes in the United States, Europe, and internationally.

Nexstim

Market Cap: €63.3m

A medical technology company, engages in the development of non-invasive brain stimulation technologies in Finland, rest of Europe, North America, and internationally.

Framery Group Oyj

Market Cap: €628.1m

Through its subsidiaries, designs, manufactures, and markets soundproof private workspaces and related software solutions and pods for solving noise and privacy issues in open offices in Europe, Middle East, Africa, North, Central and South America, and Asia Pacific.

Fevertree Drinks

Market Cap: UK£867.8m

Engages in the development and sale of mixer drinks in the United Kingdom, the United States, Europe, and internationally.

Inner Mongolia Xingye Silver & Tin Mining

Market Cap: CN¥70.5b

Engages in the mining and beneficiation of non-ferrous and precious metals in China, Hong Kong, and Mongolia.

TRIAL Holdings

Market Cap: JP¥329.4b

Operates in the retail, logistics, financial / payment services, and retail tech businesses.

Mitie Group

Market Cap: UK£2.2b

Provides facilities management and professional services in the United Kingdom and internationally.

Oxford Biomedica

Market Cap: UK£744.9m

A contract development and manufacturing organization, focuses on delivering therapies to patients worldwide.

Rheinmetall

Market Cap: €56.2b

Provides mobility and security technologies in Germany, Rest of Europe, North, Middle, and South America, Asia and the Near East, and internationally.

Premium Group

Market Cap: JP¥75.6b

Engages in the provision of financing and services worldwide.

Rayonier

Market Cap: US$6.3b

A land resources real estate investment trust (REIT) with a portfolio comprising over four million acres in the U.S.

AbbVie

Market Cap: US$384.7b

A research-based biopharmaceutical company, engages in the research and development, manufacturing, commercializing, and sale of medicines and therapies worldwide.

FB Financial

Market Cap: US$2.7b

Operates as a bank holding company for FirstBank that provides a suite of commercial and consumer banking services.