Global Undervalued Stocks Based On Cash Flows

Matsuya R&DLtd

Market Cap: JP¥15.2b

Develops, manufactures, and sells stitching systems for automobile safety devices in Japan.

Atea

Market Cap: NOK 15.8b

Provides IT infrastructure and related solutions for businesses and public sector organizations in the Nordic countries and Baltic regions.

Xi'an NovaStar Tech

Market Cap: CN¥14.2b

Designs and develops light-emitting diode (LED) display control solutions in China and internationally.

Finger

Market Cap: ₩121.8b

A fintech company, provides digital financial solutions.

Savaria

Market Cap: CA$1.5b

Provides accessibility solutions for the elderly and physically challenged people in Canada, the United States, Europe, and internationally.

Unimicron Technology

Market Cap: NT$211.7b

Engages in the development, manufacturing, processing, and sale of printed circuit boards, electrical equipment, electronic products, and testing and burn-in systems for integrated circuit products worldwide.

Sparebank 68° Nord

Market Cap: NOK 530.7m

Operates as a savings bank that provides a range of banking services to personal and corporate market in Norway.

Exel Composites Oyj

Market Cap: €40.6m

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.

TBC Bank Group

Market Cap: UK£2.7b

Through its subsidiaries, provides banking, leasing, insurance, brokerage, and card processing services to corporate and individual customers in Georgia, Azerbaijan, and Uzbekistan.

Hanza

Market Cap: SEK 5.1b

Provides manufacturing solutions.

Robit Oyj

Market Cap: €23.9m

Engages in the design, manufacture, and sale of drilling consumables for mining, quarrying, construction, and well drilling industries in Finland.

Heartland Group Holdings

Market Cap: NZ$752.1m

Provides various financial services in New Zealand and Australia.

Aquila Part Prod Com

Market Cap: RON 1.8b

Provides distribution and logistics services in Romania, Moldova, Poland, the Netherlands, Germany, and internationally.

SIMMTECH

Market Cap: ₩867.1b

Engages in the developing and manufacturing of high-layer printed circuit boards (PCBs) for semiconductors worldwide.

Vysarn

Market Cap: AU$263.7m

Provides water and environmental services in Western Australia.

UMB Financial

Market Cap: US$8.3b

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

ams-OSRAM

Market Cap: CHF 1.0b

Engages in the design, manufacture, and sale of LED and optical sensor solutions in Europe, the Middle East, Africa, the Americas, and the Asia/Pacific.

Guangdong Lyric Robot AutomationLtd

Market Cap: CN¥9.9b

Guangdong Lyric Robot Automation Co.,Ltd.

Andes Technology

Market Cap: NT$14.0b

Provides embedded system application solutions.

GEM

Market Cap: CN¥34.1b

Operates in the waste resource comprehensive utilization industry in China and internationally.

Appen

Market Cap: AU$246.4m

Operates as an AI lifecycle company that provides data sourcing, data annotation, and model evaluation solutions in Australia, the United States, and internationally.

Willdan Group

Market Cap: US$1.7b

Provides professional, technical, and consulting services primarily in the United States.

PixArt Imaging

Market Cap: NT$28.7b

Researches, designs, produces, and sells CMOS image sensors and related ICs in Taiwan, Hong Kong, China, Japan, and internationally.

First Commonwealth Financial

Market Cap: US$1.7b

A financial holding company, provides various consumer and commercial banking products and services in the United States.

Norconsult

Market Cap: NOK 13.9b

Provides consultancy services with focus on community planning, engineering design, and architecture in the Nordics and internationally.

OrbusNeich Medical Group Holdings

Market Cap: HK$3.8b

An investment holding company, engages in the manufacture, trading, sale, and marketing of medical devices/instruments for the treatment of coronary and peripheral vascular diseases.

First Busey

Market Cap: US$2.0b

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.

LigaChem Biosciences

Market Cap: ₩5.4t

A clinical stage biopharmaceutical company, engages in the discovery and development of medicines for unmet medical needs.

Santos Brasil Participações

Market Cap: R$12.2b

Provides port container handling and logistics services in Brazil.

Pluxee

Market Cap: €2.5b

Offers employee benefits and engagement solutions services in France, Latin America, Continental Europe, and internationally.

Mulia Boga Raya

Market Cap: Rp4.0t

Produces and sells cheese and mayonnaise for salad dressing under the Prochiz brand name in Indonesia.

Lingotes Especiales

Market Cap: €60.0m

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.

Devsisters

Market Cap: ₩523.6b

Engages in the development of mobile games in South Korea and internationally.

Range Intelligent Computing Technology Group

Market Cap: CN¥83.2b

Provides server hosting services to internet companies and large cloud vendors in China.

Inspur Digital Enterprise Technology

Market Cap: HK$12.0b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

Shoals Technologies Group

Market Cap: US$746.4m

Provides electrical balance of system (EBOS) solutions and components in the United States and internationally.