Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Hoenle

Market Cap: €54.2m

Develops, manufactures, and distributes industrial UV technologies and systems in Germany and internationally.

Intred

Market Cap: €152.5m

A telecommunications operator, provides data and voice services in Italy.

GFT Technologies

Market Cap: €475.5m

Provides digital transformation services.

Konecranes

Market Cap: €6.6b

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

Aegean Airlines

Market Cap: €1.0b

Operates as an airline company that engages in the provision of public airline transportation services in Greece and internationally.

CENIT

Market Cap: €55.6m

Provides software solutions and associated software consulting and integration services.

Pepper Money

Market Cap: €790.6m

Operates as a non-bank lender in the mortgage and asset finance markets in Australia and New Zealand.

Piraeus Bank

Market Cap: €9.8b

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

C&A Modas

Market Cap: R$3.4b

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

Arnoldo Mondadori Editore

Market Cap: €535.6m

Engages in publishing of books and magazines in Italy, rest of Europe, and the United States.

Mears Group

Market Cap: €340.3m

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

Regis Resources

Market Cap: €5.3b

Engages in the exploration, evaluation, and development of gold projects in Australia.

Bank Mandiri (Persero)

Market Cap: €409.3t

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

Corebridge Financial

Market Cap: €13.3b

Provides retirement solutions and insurance products in the United States.

Befesa

Market Cap: €1.3b

Offers environmental recycling services to the steel and aluminum industries in the European, Asian, and North American markets.

Pollard Banknote

Market Cap: €497.8m

Engages in the manufacture and sale of lottery and charitable gaming products and solutions in the United States, Canada, and internationally.

Perrigo

Market Cap: €1.6b

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

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.

CEWE Stiftung KGaA

Market Cap: €635.2m

Operates as a photo service and online printing provider in Germany and internationally.

Scotts Miracle-Gro

Market Cap: €3.6b

Engages in the manufacture, marketing, and sale of products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally.

Suzano

Market Cap: R$54.2b

Manufactures and sells pulp and paper products in Brazil and internationally.

Gecina

Market Cap: €5.3b

A leading operator that fully integrates all real estate expertise, owning, managing, and developing a unique prime portfolio valued at 17.6bn euros as at December 31, 2025.

GE HealthCare Technologies

Market Cap: €27.8b

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.

TF1

Market Cap: €1.4b

Operates as a media and entertainment company, primarily engages in television broadcasting, content creation, and distribution of audiovisual rights in France, Continental Europe, and internationally.

Yuexiu Transport Infrastructure

Market Cap: €6.6b

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

Koninklijke Philips

Market Cap: €21.3b

Operates as a health technology company in North America, the Greater China, and internationally.

Carmila

Market Cap: €2.4b

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

Bonheur

Market Cap: NOK 11.4b

Engages in the renewable energy, wind service, and cruise businesses in the United Kingdom, Norway, Europe, Asia, the Americas, Africa, and Internationally.

Infotel

Market Cap: €241.7m

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

Accenture

Market Cap: €110.4b

Provides strategy and consulting, industry X, song, and technology and operation services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Regis Resources

Market Cap: US$5.3b

Engages in the exploration, evaluation, and development of gold projects in Australia.

Stella-Jones

Market Cap: US$4.5b

Manufactures and sells industrial pressure-treated wood products in Canada and the United States.

MTU Aero Engines

Market Cap: €15.7b

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.

Cosmo Energy Holdings

Market Cap: €615.9b

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

Sword Group

Market Cap: €294.9m

Provides IT and software solutions in Luxembourg, Europe, and Asia.