U.S. Undervalued Stocks Based On Cash Flows

Horizon Bancorp

Market Cap: US$786.3m

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

SLM

Market Cap: US$5.4b

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.

Owens Corning

Market Cap: US$10.7b

Provides residential and commercial building products in the United States, Europe, the Asia Pacific, and internationally.

Constellium

Market Cap: US$2.2b

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.

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.

Enovix

Market Cap: US$2.5b

Designs, develops, and manufactures lithium-ion battery cells in the United States and internationally.

Metropolitan Bank Holding

Market Cap: US$788.4m

Operates as the bank holding company for Metropolitan Commercial Bank that provides a range of business, commercial, and retail banking products and services.

e.l.f. Beauty

Market Cap: US$7.6b

A beauty company, provides cosmetics and skin care products worldwide.

McGraw Hill

Market Cap: US$2.5b

McGraw Hill, Inc., doing business as McGraw Hill, provides information solutions for K-12, higher education, and professional markets in the United States and internationally.

EQT

Market Cap: US$35.2b

Engages in the production, gathering, and transmission of natural gas.

Wix.com

Market Cap: US$7.7b

Operates a cloud-based web development platform for registered users and creators worldwide.

Corpay

Market Cap: US$20.2b

Operates as a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments in the United States, Brazil, the United Kingdom, and internationally.

First Advantage

Market Cap: US$2.5b

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

Beacon Financial

Market Cap: US$2.0b

Operates as the bank holding company for Beacon Bank & Trust that provides various banking solutions in New England and New York, the United States.

FinWise Bancorp

Market Cap: US$242.1m

Operates as the bank holding company for FinWise Bank that provides various banking products and services to individual and corporate customers in Utah.

Udemy

Market Cap: US$1.1b

A learning company, that operates a marketplace platform for learning skills in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

TowneBank

Market Cap: US$2.7b

Provides retail and commercial banking services for individuals, commercial enterprises, and professionals in Virginia and North Carolina.

Alnylam Pharmaceuticals

Market Cap: US$64.4b

Alnylam Pharmaceuticals, Inc. discovers, develops, and commercializes therapeutics based on ribonucleic acid interference.

Phibro Animal Health

Market Cap: US$1.6b

Operates as an animal health and mineral nutrition company in the United States, Latin America and Canada, Europe, the Middle East, Africa, and the Asia Pacific.

ChoiceOne Financial Services

Market Cap: US$411.9m

Operates as the bank holding company for ChoiceOne Bank that provides banking services in Michigan.

NeuroPace

Market Cap: US$355.3m

Operates as a medical device company in the United States.

Super Group (SGHC)

Market Cap: US$6.3b

Operates as an online sports betting and gaming operator.

ACNB

Market Cap: US$463.6m

A financial holding company, offers banking, insurance, and financial services to individual, business, and government customers in the United States.

Palomar Holdings

Market Cap: US$3.1b

A specialty insurance company, provides property and casualty insurance to individuals and businesses in the United States.

Midland States Bancorp

Market Cap: US$354.4m

Operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities.

Old National Bancorp

Market Cap: US$8.1b

Operates as the bank holding company for Old National Bank that provides consumer and commercial banking services in the United States.

Northwest Bancshares

Market Cap: US$1.8b

Operates as the bank holding company for Northwest Bank, a state-chartered savings bank that provides personal and business banking solutions in the United States.

Bowhead Specialty Holdings

Market Cap: US$818.6m

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

HCI Group

Market Cap: US$2.5b

Engages in the property and casualty insurance, insurance management, reinsurance, real estate, and information technology businesses in the United States.

KeyCorp

Market Cap: US$19.3b

Operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States.

Avadel Pharmaceuticals

Market Cap: US$1.5b

Operates as a biopharmaceutical company in the United States.

Gilat Satellite Networks

Market Cap: US$892.5m

Provides satellite-based broadband communication solutions in Israel, the United States, Peru, and internationally.

German American Bancorp

Market Cap: US$1.5b

Operates as a financial holding company for German American Bank that provides retail and commercial banking, and health management services.

Perfect

Market Cap: US$194.5m

An artificial intelligence software as a service company, provides artificial intelligence (AI)- and augmented reality (AR)-powered solutions for beauty, fashion, and skincare industries worldwide.

Waystar Holding

Market Cap: US$7.1b

Develops a cloud-based software solution for healthcare payments.

SolarEdge Technologies

Market Cap: US$2.4b

Designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally.