U.S. Undervalued Stocks Based On Cash Flows

First Reliance Bancshares

Market Cap: US$75.8m

Operates as the bank holding company for First Reliance Bank that provides banking products and services in North and South Carolina.

Constellium

Market Cap: US$1.3b

Engages in the design, manufacture, and sale of rolled and extruded aluminum products for the aerospace, packaging, automotive, commercial transportation, general industrial, and defense end-markets.

Shift4 Payments

Market Cap: US$7.2b

Engages in the provision of software and payment processing solutions in the United States and internationally.

Trade Desk

Market Cap: US$26.5b

Operates as a technology company in the United States and internationally.

RXO

Market Cap: US$2.2b

Engages in truck brokerage business in the United States, Canada, Mexico, Asia, and Europe.

Verra Mobility

Market Cap: US$3.5b

Provides smart mobility technology solutions in the United States, Australia, Europe, and Canada.

StoneCo

Market Cap: US$3.8b

Provides financial technology and software solutions to merchants and integrated partners to conduct electronic commerce across in-store, online, and mobile channels in Brazil.

Ready Capital

Market Cap: US$763.4m

Operates as a real estate finance company in the United States.

Veracyte

Market Cap: US$2.5b

Operates as a diagnostics company in the United States and internationally.

Mid Penn Bancorp

Market Cap: US$537.7m

Operates as the bank holding company for Mid Penn Bank that provides commercial banking services to individuals, partnerships, non-profit organizations, and corporations.

First Advantage

Market Cap: US$2.4b

Provides employment background screening, identity, and verification solutions worldwide.

CareTrust REIT

Market Cap: US$5.3b

A self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties.

AGNC Investment

Market Cap: US$8.4b

Provides private capital to housing market in the United States.

BigCommerce Holdings

Market Cap: US$426.0m

Operates a software-as-a-service ecommerce platform for brands and retailers in the United States, North and South America, Europe, the Middle East, Africa, and the Asia Pacific.

Comstock Resources

Market Cap: US$5.4b

An independent energy company, engages in the acquisition, exploration, development, and production of natural gas and oil properties in the United States.

First Bancorp

Market Cap: US$1.7b

Operates as the bank holding company for First Bank that provides banking products and services for individuals and businesses.

BeiGene

Market Cap: US$26.4b

An oncology company, engages in discovering and developing various treatments for cancer patients in the United States, China, Europe, and internationally.

Modine Manufacturing

Market Cap: US$4.3b

Provides thermal management products and solutions in the United States, Italy, Hungary, China, the United Kingdom, and internationally.

Sotera Health

Market Cap: US$3.2b

Provides sterilization, lab testing, and advisory services for the healthcare industry in the United States, Canada, Europe, and internationally.

Royal Caribbean Cruises

Market Cap: US$57.0b

Operates as a cruise company worldwide.

Elastic

Market Cap: US$8.8b

A search artificial intelligence (AI) company, delivers hosted and managed solutions designed to run in hybrid, public or private clouds, and multi-cloud environments in the United States and internationally.

Viking Holdings

Market Cap: US$18.0b

Engages in the passenger shipping and other forms of passenger transport in North America, the United Kingdom, and internationally.

Renasant

Market Cap: US$2.0b

Operates as a bank holding company for Renasant Bank that provides a range of financial, wealth management, fiduciary, and insurance services to retail and commercial customers.

Truist Financial

Market Cap: US$49.3b

A financial services company, provides banking and trust services in the Southeastern and Mid-Atlantic United States.

Reddit

Market Cap: US$21.4b

Operates a digital community in the United States and internationally.

Heritage Financial

Market Cap: US$770.8m

Operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and individuals in the United States.

Flotek Industries

Market Cap: US$207.5m

Operates as a technology-driven green chemistry and data company that serves customers across industrial and commercial markets in the United States, the United Arab Emirates, and internationally.

NBT Bancorp

Market Cap: US$2.0b

A financial holding company, provides commercial banking, retail banking, and wealth management services.

Metallus

Market Cap: US$541.9m

Manufactures and sells alloy steel, and carbon and micro-alloy steel products in the United States and internationally.

Moog

Market Cap: US$5.3b

Designs, manufactures, and integrates precision motion and fluid controls and controls systems for original equipment manufacturers and end users in the aerospace, defense, and industrial markets in the United States, Germany, and internationally.

DoorDash

Market Cap: US$78.9b

Operates a commerce platform that connects merchants, consumers, and independent contractors in the United States and internationally.

Bel Fuse

Market Cap: US$892.3m

Designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits.

Rocket Lab USA

Market Cap: US$10.2b

A space company, provides launch services and space systems solutions in the United States, Canada, Japan, and internationally.

Washington Trust Bancorp

Market Cap: US$534.5m

Operates as the bank holding company for The Washington Trust Company, of Westerly that provides various banking and financial services to individuals and businesses.

First National

Market Cap: US$182.2m

Operates as the bank holding company for First Bank that provides various commercial banking services to small and medium-sized businesses, individuals, estates, local governmental entities, and non-profit organizations in Virginia.

CI&T

Market Cap: US$742.4m

Engages in the provision of strategy, design, and software engineering services worldwide.