Global Healthy potentially undervalued

Hikma Pharmaceuticals

Market Cap: UK£3.4b

Develops, manufactures, markets, and sells a range of generic, branded, and in-licensed pharmaceutical products.

Telecom Plus

Market Cap: UK£1.1b

Provides utility services in the United Kingdom.

Palfinger

Market Cap: €1.2b

Produces and sells crane and lifting solutions in Austria and internationally.

Sanofi

Market Cap: €100.0b

Engages in the research, development, manufacture, and marketing of therapeutic solutions.

McBride

Market Cap: UK£251.5m

Manufactures and sells private label household and personal care products to retailers and brand owners in the United Kingdom, Germany, France, Italy, Spain, rest of Europe, the Asia-Pacific, and internationally.

Afentra

Market Cap: UK£88.2m

Operates as an upstream oil and gas company primarily in Africa.

Viscofan

Market Cap: €2.4b

Manufactures, produces, and distributes casings in Spain.

Logitech International

Market Cap: CHF 12.1b

Through its subsidiaries, designs, manufactures, and markets software-enabled hardware solutions that connect people to working, creating, and gaming worldwide.

Warpaint London

Market Cap: UK£155.5m

Produces and sells cosmetics.

IONOS Group

Market Cap: €3.7b

Through its subsidiaries, provides web presence and productivity, and cloud solutions for companies in Germany, the United States, the United Kingdom, Spain, France, Poland, and Austria.

J.Jill

Market Cap: US$215.4m

Operates as an omnichannel retailer for women’s apparel in the United States.

EMCOR Group

Market Cap: US$27.8b

Provides electrical and mechanical construction and facilities, building, and industrial services in the United States and the United Kingdom.

Chemed

Market Cap: US$6.1b

Provides hospice and palliative care services to patients through a network of physicians, registered nurses, home health aides, social workers, clergy, and volunteers primarily in the United States.

Custom Truck One Source

Market Cap: US$1.4b

Provides specialty equipment rental and sale services to electric utility transmission and distribution, telecommunications, rail, forestry, waste management, and other infrastructure-related industries in the United States and Canada.

Gates Industrial

Market Cap: US$5.7b

Manufactures and sells engineered power transmission and fluid power solutions worldwide.

Grupo SBF

Market Cap: R$2.7b

Grupo SBF S.A. retails and wholesales sports and leisure products in Brazil.

Sangoma Technologies

Market Cap: CA$232.0m

Develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications in the United States of America and internationally.

Byrna Technologies

Market Cap: US$397.7m

A less-lethal self-defense technology company, develops, manufactures, and sells less-lethal personal security solutions in the United States, South Africa, Europe, South America, Asia, and Canada.

StoneCo

Market Cap: US$3.7b

Provides financial technology and software solutions to merchants and integrated partners to conduct electronic commerce across in-store, online, and mobile channels in Brazil.

Tenable Holdings

Market Cap: US$3.0b

Provides cyber exposure management solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan.

DoubleDown Interactive

Market Cap: US$425.7m

Engages in the development and publishing of casual games and mobile applications in South Korea.

Northern Oil and Gas

Market Cap: US$2.1b

An independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States.

Taylor Morrison Home

Market Cap: US$5.8b

Operates as a land developer and homebuilder in the United States.

Cheniere Energy

Market Cap: US$40.8b

An energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States.

AdaptHealth

Market Cap: US$1.3b

Distributes home medical equipment (HME), medical supplies, and home and related services in the United States.

PDD Holdings

Market Cap: US$155.5b

A multinational commerce group that owns and operates a portfolio of businesses.

Anhui Expressway

Market Cap: CN¥23.3b

Engages in the construction, operation, management, and development of the toll roads and associated service sections in the People's Republic of China.

Power Finance

Market Cap: ₹1.2t

A non-banking finance company, provides financial products and related advisory services to the power, logistics, and infrastructure sectors in India.

CSL

Market Cap: AU$84.7b

Engages in the research, development, manufacture, market, and distribution of biopharmaceutical products and vaccines in Australia, the United States, Germany, the United Kingdom, Switzerland, China, Hong Kong, and internationally.

TravelSky Technology

Market Cap: HK$30.9b

Provides information technology (IT) solutions for the aviation and travel industries in the People’s Republic of China.

GFPT

Market Cap: ฿12.9b

Produces and distributes frozen and cooked chicken products in Thailand and internationally.

Sichuan Baicha Baidao Industrial

Market Cap: HK$10.6b

An investment holding company, provides tea drink products in the People’s Republic of China.

China Unicom (Hong Kong)

Market Cap: HK$250.9b

An investment holding company, provides telecommunications and related value-added services in the People’s Republic of China.

Lotes

Market Cap: NT$145.0b

Designs, manufactures, and sells electronic interconnect and hardware components in Taiwan, Mainland China, and internationally.

Thaifoods Group

Market Cap: ฿30.6b

Engages in the production and distribution of chicken and swine products in Thailand.

Eternal Beauty Holdings

Market Cap: HK$2.9b

An investment holding company, engages in the retail, wholesale, and distribution of perfumes, skincare products, color cosmetics, personal care products, eyewear, and home fragrances in China, including Hong Kong and Macau.