Global Healthy potentially undervalued

China Aviation Oil (Singapore)

Market Cap: S$1.8b

Trades in and supplies jet fuel to civil aviation industry worldwide.

Indofood Sukses Makmur

Market Cap: Rp61.7t

Operates as a food solutions company in Indonesia, rest of Asia, Africa, and internationally.

Bank Mandiri (Persero)

Market Cap: Rp442.9t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Malaysia, Hong Kong, Timor Leste, Shanghai, England, and the Cayman Islands.

Aluminum Corporation of China

Market Cap: HK$230.3b

Primarily engages in the exploration and mining of bauxite, coal, and other resources in the People's Republic of China and internationally.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp297.2t

Provides information and communications technology, and telecommunications network services worldwide.

Far East Horizon

Market Cap: HK$35.9b

Provides various financial services in Mainland China, Hong Kong, and internationally.

LHN

Market Cap: S$267.9m

An investment holding company, engages in space optimization, property development, facilities management services, and energy businesses in Singapore, Hong Kong, Myanmar, Indonesia, and Cambodia.

ISOTeam

Market Cap: S$69.4m

Operates in the building maintenance and estate upgrading industry in Singapore.

OSB Group

Market Cap: UK£2.0b

Through its subsidiaries, operates as a specialist mortgage lending company in the United Kingdom and India.

NSL Foods

Market Cap: ฿6.6b

Engages in the manufacture and distribution of bakery and snack products in Thailand.

A.G. BARR

Market Cap: UK£718.0m

Manufactures, distributes, and sells soft drinks and cocktail solutions in the United Kingdom and internationally.

Piraeus Bank

Market Cap: €10.2b

Provides various banking products and services in Greece, Europe, and internationally.

Amphastar Pharmaceuticals

Market Cap: US$944.6m

A bio-pharmaceutical company, develops, manufactures, markets, and sells generic and proprietary injectable, inhalation, and intranasal products in the United States, China, and France.

ICG

Market Cap: UK£5.3b

A private equity firm specializing in direct and fund of fund investments.

Orion Group Holdings

Market Cap: US$471.1m

Operates as a specialty construction company for the infrastructure, industrial, and building sectors in the United States, Canada, and the Caribbean Basin.

Slide Insurance Holdings

Market Cap: US$2.4b

Provides property and casualty insurance services in the United States.

Cabka

Market Cap: €48.9m

Manufactures and sells pallets and large containers made from recycled plastic in Europe, North America, and internationally.

CellaVision

Market Cap: SEK 3.7b

Develops and sells instruments, software, and reagents for blood and body fluids analysis in Sweden and internationally.

Alpha Bank

Market Cap: €8.3b

Provides various banking and financial products and services in Greece and internationally.

Bytes Technology Group

Market Cap: UK£744.6m

Offers software, security, AI, and cloud services in the United Kingdom, Europe, and internationally.

Luckin Coffee

Market Cap: US$10.5b

Offers retail services of freshly brewed drinks, and pre-made food and beverage items in the People's Republic of China.

XP

Market Cap: US$10.5b

Provides financial products and services in Brazil.

ACI Worldwide

Market Cap: US$4.5b

Develops, markets, installs, and supports software products and services for facilitating electronic payments in the United States and worldwide.

Infotel

Market Cap: €263.0m

Designs, develops, markets, and maintains software solutions in the areas of security, performance, and management in France, rest of Europe, and the United States.

Abercrombie & Fitch

Market Cap: US$4.3b

Through its subsidiaries, operates as an omnichannel retailer in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

JOYY

Market Cap: US$3.0b

Engages in the provision of social product matrix and communication technology.

LKQ

Market Cap: US$8.0b

Engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories.

Tecan Group

Market Cap: CHF 1.7b

Provides laboratory instruments and solutions in biopharmaceuticals, forensics, and clinical diagnostics in Europe, North America, Asia, and internationally.

High Tide

Market Cap: CA$287.4m

Engages in the cannabis retail business in Canada, the United States, and internationally.

Lavvi Empreendimentos Imobiliários

Market Cap: R$2.9b

Develops and builds residential and non-residential properties primarily in Brazil.

Trisul

Market Cap: R$1.3b

Engages in the construction and development of real estate properties in Brazil.

C&A Modas

Market Cap: R$3.8b

Operates as a fashion retailer for women, men, and children in Brazil and internationally.

MTU Aero Engines

Market Cap: €16.1b

Engages in the development, manufacture, sale, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally.

KMD Brands

Market Cap: NZ$92.6m

Designs, markets, wholesales, and retails apparel, footwear, and equipment for surfing and the outdoors under the Kathmandu, Rip Curl, and Oboz brand names.

Transcontinental

Market Cap: CA$462.5m

Engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, and internationally.

FinVolution Group

Market Cap: US$1.2b

An investment holding company, operates in the online consumer finance industry in the People’s Republic of China, Indonesia, and internationally.