Global Undervalued Stocks Based On Cash Flows

LGI

Market Cap: AU$403.4m

Provides carbon abatement and renewable energy solutions with biogas from landfill in Australia.

Wuhan Guide Infrared

Market Cap: CN¥53.8b

Engages in the design, manufacture, marketing, and sale of infrared thermal imaging detectors and modules, and electro-optical systems in China and internationally.

Micro Systemation

Market Cap: SEK 1.2b

Provides forensic technology for mobile device examination and analysis in Sweden and internationally.

Lyft

Market Cap: US$8.7b

Operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada.

KIYO LearningLtd

Market Cap: JP¥4.6b

Engages in the planning, production, sale, and operation of educational content and services for business people in Japan.

Dynavox Group

Market Cap: SEK 10.5b

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

Decisive Dividend

Market Cap: CA$143.1m

Through its subsidiaries, manufactures and sells wood burning stoves, fireplace inserts, and fireplaces in Canada, the United States, and internationally.

Exel Composites Oyj

Market Cap: €41.2m

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.

Nokian Panimo Oyj

Market Cap: €24.7m

Engages in the brewery business in Finland.

Beijing Beimo High-tech Frictional MaterialLtd

Market Cap: CN¥9.3b

Engages in the research and development, production, and sale of brake products for military aircraft and ground equipment.

Schrödinger

Market Cap: US$1.3b

Develops physics-based computational platform that enables discovery of novel molecules for drug development and materials applications.

Sanoma Oyj

Market Cap: €1.5b

Operates as a media and learning company in Finland, the Netherlands, Poland, Spain, Belgium, and internationally.

Fevertree Drinks

Market Cap: UK£923.7m

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

JUSUNG ENGINEERINGLtd

Market Cap: ₩1.3t

Manufactures and sells semiconductor, display, solar, and lighting equipment in South Korea and internationally.

E-Globe

Market Cap: €11.2m

Engages in the online sale of air conditioners, boilers, stoves, solar panels, fan coils, heat pumps, and water heaters in Italy and internationally.

Esautomotion

Market Cap: €36.9m

Develops, manufactures, and sells industrial automation products and services in Italy.

JINS HOLDINGS

Market Cap: JP¥129.1b

Through its subsidiaries, engages in the planning, manufacturing, sales, and import/export of eyewear in Japan and internationally.

Advanced Medical Solutions Group

Market Cap: UK£455.0m

Develops, manufactures, and distributes products for the surgical, woundcare, and wound-closure markets in the United Kingdom, Germany, rest of Europe, the United States, and internationally.

Digital Workforce Services Oyj

Market Cap: €29.7m

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

Ategrity Specialty Insurance Company Holdings

Market Cap: US$868.6m

Through its subsidiaries, provides excess and surplus lines insurance and reinsurance products to small and medium-sized businesses in the United States.

Xi'an NovaStar Tech

Market Cap: CN¥13.9b

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

PVA TePla

Market Cap: €462.8m

Offers systems and solutions to produce components for energy storage systems, photovoltaic modules, and wind turbines worldwide.

Last One MileLtd

Market Cap: JP¥9.4b

Engages in last mile business in Japan and internationally.

Saigon Thuong Tin Commercial Bank

Market Cap: ₫91.6t

Provides banking products and services to individual and corporate clients.

Pan American Silver

Market Cap: CA$28.3b

Engages in the exploration, mine development, extraction, processing, refining, and reclamation of mines in Canada, Mexico, Peru, Bolivia, Argentina, Chile, and Brazil.

H.U. Group Holdings

Market Cap: JP¥186.9b

Operates healthcare business in Japan, the United States, Europe, and internationally.

Circle

Market Cap: €38.3m

Provides management consultancy, IT, and software solutions for the port, maritime, and logistics sectors in Italy.

GMR Airports

Market Cap: ₹1.0t

GMR Airports Limited development, maintenance, and operation of airports in India.

Investar Holding

Market Cap: US$258.8m

Operates as the bank holding company for Investar Bank that provides a range of commercial banking products to individuals, professionals, and small to medium-sized businesses in south Louisiana, southeast Texas, and Alabama in the United States.

Clearfield

Market Cap: US$415.6m

Designs, manufactures, and distributes fiber management, protection, and delivery products in the United States and internationally.

Motorpoint Group

Market Cap: UK£109.5m

Operates as an omnichannel vehicle retailer in the United Kingdom.

Matica Fintec

Market Cap: €63.6m

Designs, produces, and markets hardware and software solutions for financial and digital ID markets.

Tortilla Mexican Grill

Market Cap: UK£15.5m

Operates, manages, and franchises Mexican restaurants under the Tortilla, Chilango, and Fresh Burritos brands in France, the United Kingdom, and the Middle East.

Atea

Market Cap: NOK 17.3b

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

Aker BioMarine

Market Cap: NOK 8.0b

A biotech innovator, develops and supplies krill-derived products for consumer health and wellness worldwide.

Sportradar Group

Market Cap: US$7.0b

Provides sports data services for the sports betting and media industries in Switzerland, the United States, North America, Africa, the Asia Pacific, the Middle East, Europe, Latin America, and the Caribbean.