Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Oji Holdings

Market Cap: €664.3b

Manufactures and sells pulp and paper products in Japan, China, rest of Asia, North and South America, Europe, Oceania, and internationally.

FRP Advisory Group

Market Cap: UK£268.2m

Provides business advisory services to companies, lenders, investors, individuals, and other stakeholders in the United Kingdom.

Bosideng International Holdings

Market Cap: €49.4b

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

Arcos Dorados Holdings

Market Cap: €1.9b

Operates as a franchisee of McDonald’s restaurants.

Silgan Holdings

Market Cap: US$4.0b

Manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally.

Forward Air

Market Cap: €327.6m

Operates as an asset-light freight and logistics company in the United States, Mexico, Europe, Asia, and Canada.

Pentair

Market Cap: €11.5b

Provides various water solutions in the United States, Western Europe, China, Latin America, the Middle East, Southeast Asia, Australia, and Canada.

Bank Mandiri (Persero)

Market Cap: €380.4t

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

Brambles

Market Cap: US$22.3b

Operates as a supply-chain logistics company.

Globus Medical

Market Cap: €11.2b

Develops and commercializes healthcare solutions for patients with musculoskeletal disorders in the United States and internationally.

Douglas Dynamics

Market Cap: US$1.0b

Operates as a manufacturer and upfitter of commercial vehicle attachments and equipment in North America.

Research Solutions

Market Cap: €70.1m

Through its subsidiaries, provides research cloud-based software-as-a-service software platform and related services to corporate, academic, government and individual researchers in the United States, Europe, and internationally.

ProCredit Holding

Market Cap: €479.4m

Provides commercial banking products and services for small and medium enterprises and private clients in Europe, South America, and Germany.

EOG Resources

Market Cap: €71.7b

Explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in producing basins in the United States, the Republic of Trinidad and Tobago, and internationally.

Equasens Société anonyme

Market Cap: €591.5m

Provides healthcare IT solutions in Europe.

Prudential

Market Cap: UK£26.8b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.

DNO

Market Cap: €17.5b

Engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa.

Grafton Group

Market Cap: €1.6b

Distributes and sells building materials and construction related products in Ireland, the United Kingdom, Ireland, the Netherlands, Finland, and Spain.

Howden Joinery Group

Market Cap: UK£4.1b

Supplies various kitchen, joinery, and hardware products in the United Kingdom, France, Belgium, and the Republic of Ireland.

TAURON Polska Energia

Market Cap: zł16.5b

Through its subsidiaries, generates, distributes, and supplies electricity and heat in Poland and the Czech Republic.

EOG Resources

Market Cap: €71.7b

Explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in producing basins in the United States, the Republic of Trinidad and Tobago, and internationally.

Calfrac Well Services

Market Cap: CA$620.6m

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

Range Resources

Market Cap: US$9.3b

Operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States.

Lithia Motors

Market Cap: €6.7b

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

Cosmo Energy Holdings

Market Cap: €578.3b

Through its subsidiaries, engages in the petroleum business in Japan and internationally.

Alkane Resources

Market Cap: CA$2.0b

Operates as a gold exploration and production company in Australia.

INDUS Holding

Market Cap: €751.8m

A private equity firm specializing in mergers and acquisitions and corporate spin-offs.

Carmila

Market Cap: €2.3b

A leading European commercial real estate company, with 250 shopping centres across France, Spain and Italy.

CENIT

Market Cap: €81.2m

Provides software solutions and integration services.

MINISO Group Holding

Market Cap: €3.8b

An investment holding company, engages in the retail and wholesale of design-led lifestyle and pop toy products in Mainland China, the rest of Asia, North and Latin America, Europe, and internationally.

Grupa Pracuj

Market Cap: €3.2b

Operates HR technology platform in Poland, Ukraine, and Germany.

Vetoquinol

Market Cap: €838.0m

A veterinary pharmaceutical company, designs, develops, and sells veterinary drugs and non-medicinal products for cattle, pigs, dogs, and cats in Europe, the Americas, and the Asia Pacific region.

Otis Worldwide

Market Cap: €27.3b

Engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally.

Konecranes

Market Cap: €6.7b

Manufactures, sells, and services material handling products in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

Ventura Offshore Holding

Market Cap: NOK 3.4b

A deep-water drilling contractor, provides offshore drilling services in deep and ultra-deep waters for the oil and gas industry in Brazil and internationally.