Global Undervalued Stocks Based On Cash Flows

GMO internet group

Market Cap: JP¥337.5b

Provides various internet services in Japan and internationally.

elumeo

Market Cap: €10.1m

Through its subsidiaries, engages in the design, procurement, and distribution of gemstone jewelry.

B&S Group

Market Cap: €492.4m

Distributes consumer goods worldwide.

Icelandic Salmon

Market Cap: NOK 2.3b

Engages in production, processing, and sale of salmon and salmon-based products in Europe, North America, and Asia.

Tristel

Market Cap: UK£183.1m

Develops, manufactures, and sells infection prevention products in the United Kingdom, Australia, Germany, Western Europe, and internationally.

NCC

Market Cap: SEK 19.6b

Operates as a construction company in Sweden, Norway, Denmark, and Finland.

Nexam Chemical Holding

Market Cap: SEK 318.3m

Develops solutions that enhance properties and performance of plastics in Sweden, Europe, and internationally.

Catapult Sports

Market Cap: AU$1.1b

A sports science and analytics company, engages in the development and supply of technologies that improve the performance of athletes and sports teams in Australia, Europe, the Middle East, Africa, the Asia Pacific, and the Americas.

Bike24 Holding

Market Cap: €131.2m

Operates an online cycling platform in Germany, Austria, Switzerland, rest of Europe, and internationally.

Shenzhen Clou Electronics

Market Cap: CN¥13.7b

Provides equipment and solutions for smart grid, energy storage, and integrated energy services in China and internationally.

APR

Market Cap: ₩14.6t

Manufactures and sells cosmetic products for men and women.

Cint Group

Market Cap: SEK 2.1b

Operates as a research and measurement technology in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Mahindra Logistics

Market Cap: ₹35.1b

Provides integrated logistics and mobility solutions in India and internationally.

freee K.K

Market Cap: JP¥129.7b

Engages in the provision of cloud-based accounting and HR software solutions in Japan.

Pan-United

Market Cap: S$1.0b

An investment holding company, engages in the concrete and logistics businesses in Singapore and internationally.

AbbVie

Market Cap: US$381.1b

A research-based biopharmaceutical company, engages in the research and development, manufacturing, commercializing, and sale of medicines and therapies worldwide.

Nordic LEVEL Group AB (publ.)

Market Cap: SEK 98.6m

Provides safety and security solutions primarily in Sweden.

Nexstim

Market Cap: €63.6m

A medical technology company, engages in the development of non-invasive brain stimulation technologies in Finland, rest of Europe, North America, and internationally.

Ambu

Market Cap: DKK 17.7b

Researches, develops, manufactures, markets, and sells medical technology solutions in North America, Europe, and internationally.

M&G

Market Cap: UK£7.5b

Through its subsidiaries, provides investment and savings products to institutional clients and individual policyholders in the United Kingdom and internationally.

L&K Engineering (Suzhou)Ltd

Market Cap: CN¥35.2b

Engages in the provision of specialized engineering technical services in China.

Live Oak Bancshares

Market Cap: US$1.7b

Operates as the bank holding company for Live Oak Banking Company that provides various banking products and services in the United States.

Oxford Biomedica

Market Cap: UK£757.0m

A contract development and manufacturing organization, focuses on delivering therapies to patients worldwide.

Rayonier

Market Cap: US$6.2b

A land resources real estate investment trust (REIT) with a portfolio comprising over four million acres in the U.S.

B90 Holdings

Market Cap: UK£10.1m

Operates online sportsbook and casino products in the Isle of Man.

Holcim

Market Cap: CHF 41.7b

Provides building materials and solutions in Europe, Latin America, and Asia, Middle East, and Africa.

Matrix Design

Market Cap: CN¥6.4b

Engages in the space design and soft furnishing businesses in China.

Strike Group

Market Cap: JP¥70.5b

Provides mergers and acquisitions brokerage services for small and medium-sized companies in Japan.

Casta Diva Group

Market Cap: €29.3m

Operates as a communication company in Italy and internationally.

Vincorion

Market Cap: €900.0m

Develops and manufactures power and mechatronic solutions for defense platforms and aviation systems in Germany and internationally.

Kocaer Celik Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺24.9b

Engages in the production and sale of iron and steel products in Turkey and internationally.

Sichuan Kelun-Biotech Biopharmaceutical

Market Cap: HK$107.9b

A biopharmaceutical company, engages in the research and development, manufacturing, and commercialization of novel drugs in oncology, immunology, metabolism, and other therapeutic areas in the People’s Republic of China and internationally.

Uranium Energy

Market Cap: US$6.4b

Engages in exploration, pre-extraction, extraction, and processing of uranium and titanium concentrates properties in the United States, Canada, and the Republic of Paraguay.

Kingstone Companies

Market Cap: US$230.6m

Through its subsidiary, Kingstone Insurance Company, provides property and casualty insurance products in the United States.

Sanoma Oyj

Market Cap: €1.5b

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

Rheinmetall

Market Cap: €57.6b

Provides mobility and security technologies in Germany, Rest of Europe, North, Middle, and South America, Asia and the Near East, and internationally.