Global Retail Undervalued over 20% based on DCF

Kumulus Vape

Market Cap: €9.3m

An e-merchant, sells and distributes vaping products and related products in France.

Living HouseLtd

Market Cap: JP¥1.6b

Engages in the retail and wholesale of home furnishings in Japan.

Truong Long Engineering and Auto

Market Cap: ₫254.4b

Engages in the dealing and distribution of trucks and specialized vehicles under the Hino brand in Vietnam.

Clover Pakistan

Market Cap: PK₨2.7b

Clover Pakistan Limited purchases, acquires, sells, stores, transports, markets, distributes, supplies, imports, exports, disposes, and trades in petroleum and petroleum products, oil, gas, hydrocarbons, petrochemicals, asphalt, and bituminous substances in Pakistan.

Silverwood Brands

Market Cap: UK£4.4m

Engages in the sale and distribution of beauty products in the United Kingdom, Asia, and Europe.

Boutique Newcity

Market Cap: ฿170.4m

Engages in trading and servicing garments and others in Thailand.

Atlas Nexus Group

Market Cap: Rp89.3b

Manufactures and sells agricultural drones.

Hanoi Beer Trading

Market Cap: ₫95.3b

Primarily engages in the distribution of beverage products in Vietnam.

Equilateral Enterprises

Market Cap: ₹205.1m

Primarily engages in the trading of gems and jewelry, and diamonds in India.

Robinson Europe

Market Cap: zł5.7m

Engages in the wholesale and retail trade of fishing and other sporting goods in Poland and internationally.

Pasari Spinning Mills

Market Cap: ₹83.1m

Does not have any significant operations.

RO Jewels

Market Cap: ₹75.2m

RO Jewels Limited is involved in wholesaling and trading of gold and silver chains in India.

Risa International

Market Cap: ₹70.2m

Engages in the trading of textiles in India.