This screen lists stocks on European exchanges with a price-to-book ratio below 1, a price-to-cash-flow ratio below 10, return on equity above 15% and a current ratio above 1, excluding micro caps, sorted by price-to-cash-flow. Buying profitable companies for less than their book value is a classic value approach. Cheap stocks can stay cheap, so check why the market is discounting a company before buying. Prices are in euros, and the list covers stocks traded on Xetra, Euronext Paris, Euronext Amsterdam, Euronext Milan and the Madrid Stock Exchange with at least 0.5 million euros in average daily trading value.