Global Undervalued Stocks Based On Cash Flows

Aecc Aero Science and TechnologyLtd

Market Cap: CN¥8.9b

Engages in the research, development, manufacture, sale, and service of aircraft engines and gas turbine parts in China, rest of Asia, the United States, and Europe.

Mentice

Market Cap: SEK 267.2m

Develops, sells, and markets solutions for training and decision support in the clinical area of interventional angiography in cardiology, neurology, vascular surgery, and radiology.

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.

Neogen Chemicals

Market Cap: ₹42.8b

Engages in the manufacture and sale of specialty chemicals in India.

Tongguan Gold Group

Market Cap: HK$12.1b

An investment holding company, engages in the exploration, mining, processing, smelting, and sale of gold and related products in China.

Forterra

Market Cap: UK£358.6m

Engages in the manufacturing and sale of building products made from clay and concrete in the United Kingdom.

DSV

Market Cap: DKK 316.9b

Offers transport and logistics services in Europe, the Middle East, Africa, North America, South America, Asia, Australia, and the Pacific.

TaewoongLtd

Market Cap: ₩622.2b

Manufactures and sells open-die forgings and ring rolled products in South Korea and internationally.

Zhejiang Century Huatong GroupLtd

Market Cap: CN¥140.5b

Engages in the auto parts, Internet games, and cloud data businesses in China and internationally.

ArcticZymes Technologies

Market Cap: NOK 1.6b

A life sciences company, develops, manufactures, and commercializes recombinant enzymes for use in molecular research, in vitro diagnostics, and biomanufacturing.

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.

Sandoz Group

Market Cap: CHF 21.0b

Develops, manufactures, and markets generic pharmaceuticals and biosimilars worldwide.

MAAS Group Holdings

Market Cap: AU$1.7b

Together with subsidiaries, engages in the provision of construction materials to the civil infrastructure, renewable energy, building and construction, and mining sectors.

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.

Airtasker

Market Cap: AU$163.8m

Engages in the provision of technology-enabled online marketplaces for local services in Australia.

Mo-BRUK

Market Cap: zł1.0b

Processes industrial, hazardous, and municipal waste in Poland, Germany, Italy, Slovenia, Denmark, Romania, and Lithuania.

Ningxia Building Materials GroupLtd

Market Cap: CN¥6.4b

Manufactures and sells cement, cement clinkers, concrete, and aggregates in China.

doValue

Market Cap: €531.0m

Engages in the management of non-performing loans (NLP), unlikely to pay (UTP), early arrears, and performing loans for banks and investors in Italy, Spain, Greece, and Cyprus.

Exel Composites Oyj

Market Cap: €38.7m

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.

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.

PPC

Market Cap: R8.6b

Engages in the production and sale of cement, aggregates, ready mix concrete, and fly ash in South Africa, Botswana, and Zimbabwe.

Teikoku Sen-i

Market Cap: JP¥87.7b

Manufactures and sells disaster prevention products and equipment in Japan.

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.

Liontown Resources

Market Cap: AU$3.1b

Engages in the exploration, evaluation, and development of mineral properties in Australia.

AuMas Resources Berhad

Market Cap: RM 1.4b

An investment holding company, engages in gold mining business in Malaysia.

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.

Lingotes Especiales

Market Cap: €57.0m

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.

GPT Healthcare

Market Cap: ₹12.4b

Owns and operates a chain of multispecialty hospitals under the ILS Hospitals brand name in India.

EQT

Market Cap: US$35.2b

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

Exail Technologies

Market Cap: €1.4b

Provides robotics, maritime, navigation, aerospace, and photonics technologies solutions in France and internationally.

Kinsus Interconnect Technology

Market Cap: NT$66.9b

Engages in the manufacture and sale of electronic products in Taiwan and internationally.

Nordisk Bergteknik

Market Cap: SEK 686.9m

Provides rock handling and foundation solutions in Sweden, Norway, Finland, and internationally.

Kitron

Market Cap: NOK 12.0b

Operates as an electronics manufacturing services provider in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, China, Malaysia, and the United States.