10 of the Best Undervalued International Stocks to Buy

10 of the Best Undervalued International Stocks to Buy

These 10 international companies from the Morningstar Global Markets ex-US Moat Focus Index look undervalued as of Jan. 15, 2026.

• Taiwan Semiconductor Manufacturing TSM

• Gildan Activewear GIL

• Ambev ABEV

• Yum China YUMC

• Rogers Communications RCI

• Sanofi SNY

• Fresenius Medical Care FMS

• Koninklijke Philips PHG

• NetEase NTES

• Tencent Holdings TCEHY

For those comfortable investing in individual stocks, Morningstar’s strategy for stock investing applies around the globe. First, favor companies with durable competitive advantages, or economic moats. These companies should be able to fend off competition and outearn their costs of capital for years to come. Then, buy these companies when their stocks are trading below what they’re worth—in our parlance, below our fair value estimates. We think undervalued stocks with economic moats make excellent long-term investments.

The Morningstar Global Markets ex-US Moat Focus Index is a quality-focused subset of the Morningstar Global Markets ex-US Index, a broad index representing 97% of the developed-market (excluding the United States) and emerging-market market capitalization. Morningstar ranks the wide- and narrow-moat stocks in the broad index by lowest price/fair value to find the 50 cheapest wide- and narrow-moat stocks. These stocks represent the most compelling values in the global moat universe.

I saw this interesting list from one of Morningstar’s posts. Let us research before investing. Ascertain an adequate margin of safety before setting a target price.

@TigerStars

$Taiwan Semiconductor Manufacturing(TSM)$

$TENCENT(00700)$

$Sanofi SA(SNY)$