Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

Spectrum Pharmaceuticals, Inc., a biopharmaceutical company, develops and commercializes oncology drug products.

Asbury Automotive Group

Market Cap: US$3.3b

Operates as an automotive retailer in the United States.

Gap

Market Cap: US$7.7b

Operates as an apparel retail company in the United States, Canada, Japan, Taiwan, and internationally.

Geely Automobile Holdings

Market Cap: US$233.3b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

BRP

Market Cap: €5.6b

Designs, develops, manufactures, and sells powersports vehicles and marine products in the United States, Canada, Europe, Asia Pacific, Latin America, and internationally.

Unibail-Rodamco-Westfield

Market Cap: US$13.7b

Unibail-Rodamco-Westfield (URW) operates vibrant retail-anchored destinations in many of the world’s best cities and urban areas.

Bidvest Group

Market Cap: €79.4b

An investment holding company, engages in services, trading, and distribution businesses in South Africa and internationally.

Barco

Market Cap: €732.1m

Develops visualization solutions, and collaboration and networking technologies for the entertainment, enterprise, and healthcare markets in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Forbo Holding

Market Cap: CHF 1.0b

Engages in the production and sell of floor coverings, building and construction adhesives, and belt for power transmission and conveyor technology worldwide.

Diebold Nixdorf

Market Cap: US$2.4b

Engages in the automating, digitizing, and transforming the way people bank and shop worldwide.

Sabre

Market Cap: €630.5m

Operates as a software and technology company for the travel industry in the United States, Europe, Asia-Pacific, and internationally.

Perrigo

Market Cap: €1.5b

Provides over-the-counter health and wellness solutions in the United States, Europe, and internationally.

Red Rock Resorts

Market Cap: US$5.1b

Through its interest in Station Casinos LLC, develops and manages casino and entertainment properties in the United States.

Alcoa

Market Cap: €16.5b

Engages in the bauxite mining, alumina refining, aluminum production, and energy generation business in Australia, Brazil, Canada, Iceland, Norway, Spain, the United States, and internationally.

Mears Group

Market Cap: €342.8m

Provides various outsourced services to the public and private sectors in the United Kingdom.

China Hongqiao Group

Market Cap: €311.3b

An investment holding company, manufactures and sells aluminum products in the People's Republic of China, India, Europe, Malaysia, North America, the rest of Southeast Asia, and internationally.

NetEase

Market Cap: €571.1b

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.

Bayerische Motoren Werke

Market Cap: US$45.2b

Develops, manufactures, and sells automobiles and motorcycles, spare parts, and accessories worldwide.

Oshkosh

Market Cap: US$7.5b

Provides purpose-built vehicles and equipment worldwide.

GE HealthCare Technologies

Market Cap: €27.6b

Engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally.

Travel + Leisure

Market Cap: €3.9b

Provides hospitality services and travel products in the United States and internationally.

Bosideng International Holdings

Market Cap: €49.7b

Engages in the apparel business in the People’s Republic of China.

Inspire Medical Systems

Market Cap: US$1.2b

A medical technology company, focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA) in the United States and internationally.

Atmus Filtration Technologies

Market Cap: US$4.2b

Designs, manufactures, and sells filtration products under the Fleetguard brand in the United States and internationally.

China Life Insurance

Market Cap: €1.1t

Operates as a life insurance company in the People’s Republic of China.

Calfrac Well Services

Market Cap: CA$583.4m

Provides specialized oilfield services in Canada, the United States, and Argentina.

TravelSky Technology

Market Cap: US$28.2b

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

Wells Fargo

Market Cap: €224.7b

A financial services company, provides diversified banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally.

Lithia Motors

Market Cap: €6.0b

Operates as an automotive retailer in the United States, the United Kingdom, and Canada.

LiveRamp Holdings

Market Cap: US$1.9b

A technology company, operates a data collaboration platform in the United States, Europe, the Asia-Pacific, and internationally.

Otsuka

Market Cap: €1.1t

Provides information services in Japan.

Vontier

Market Cap: €3.9b

Provides mobility ecosystem solutions worldwide.

StandardAero

Market Cap: US$8.4b

Provides aerospace engine aftermarket services for fixed and rotary wing aircraft in the United States, Canada, the United Kingdom, Rest of Europe, Asia, and internationally.

Ansell

Market Cap: €3.6b

Designs, sources, develops, manufactures, distributes, and sells hand and body protection solutions in the Asia Pacific, Europe, the Middle East, Africa, Latin America, the Caribbean, and North America.

Yuexiu Transport Infrastructure

Market Cap: €6.7b

Invests in, constructs, develops, operates, and manages expressways and bridges in the People’s Republic of China.

DENTSPLY SIRONA

Market Cap: €2.0b

Develops, manufactures, and markets dental equipment supported by cloud-enabled solutions, dental products, and healthcare consumable products in urology and enterology worldwide.