Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

China Foods

Market Cap: HK$7.8b

An investment holding company, manufactures, distributes, markets, and sells Coca-Cola series products in the People’s Republic of China.

Nilfisk Holding

Market Cap: €2.5b

Develops, manufactures, and sells cleaning solutions and services worldwide.

Copa Holdings

Market Cap: €4.6b

Through its subsidiaries, provides airline passenger and cargo transport services.

Lenovo Group

Market Cap: €125.3b

An investment holding company, develops, manufactures, and markets technology products and services.

Steelcase

Market Cap: US$1.2b

Provides a portfolio of furniture and architectural products and services in the United States and internationally.

Robert Walters

Market Cap: €112.5m

Provides professional recruitment consultancy services worldwide.

LKQ

Market Cap: US$9.9b

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.

Fidelity National Financial

Market Cap: €14.6b

Provides various insurance products in the United States.

CEWE Stiftung KGaA

Market Cap: €694.1m

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

CENIT

Market Cap: €68.6m

Provides software solutions and associated software consulting and integration services.

Transcontinental

Market Cap: €1.7b

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

Premier Foods

Market Cap: UK£1.7b

Manufactures, distributes, and sells branded and own label food products in the United Kingdom, other European countries, and internationally.

Arnoldo Mondadori Editore

Market Cap: €550.3m

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

SergeFerrari Group

Market Cap: €62.8m

Designs, develops, manufactures, and markets composite materials for lightweight architectural and outdoor applications in France and internationally.

Hafnia

Market Cap: US$26.6b

Owns and operates oil product tankers in Bermuda.

Tsingtao Brewery

Market Cap: €86.3b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Bank Mandiri (Persero)

Market Cap: €438.7t

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

Quest Resource Holding

Market Cap: €42.4m

Provides solutions for the reuse, recycling, and disposal of various waste streams and recyclables in the United States.

Steelcase

Market Cap: €1.2b

Provides a portfolio of furniture and architectural products and services in the United States and internationally.

Perrigo

Market Cap: €3.8b

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

Otsuka Holdings

Market Cap: €3.5t

Engages in the pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide.

CES Energy Solutions

Market Cap: €1.6b

Engages in the design, implementation, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada.

Regional Management

Market Cap: US$323.4m

A diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States.

lastminute.com

Market Cap: CHF 165.1m

Operates in the online travel industry providing dynamic holiday packages in Italy, Spain, the United Kingdom, France, Germany, and internationally.

Banco Itaú Chile

Market Cap: CL$2.7t

Provides various banking services in Chile and Colombia.

FDJ United

Market Cap: €5.6b

Engages in the gaming operation and distribution business in France and internationally.

Grafton Group

Market Cap: €1.8b

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

Valeura Energy

Market Cap: €770.1m

Engages in the exploration, development, and production of petroleum and natural gas in Thailand and in Turkey.

Aica Kogyo Company

Market Cap: €225.0b

Develops, produces, and sells chemical products, and laminates and building materials in Japan and internationally.

Axalta Coating Systems

Market Cap: US$6.7b

Through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Land Securities Group

Market Cap: UK£4.3b

Land Securities Group Plc is one of the leading real estate companies in the UK.

Koenig & Bauer

Market Cap: €240.9m

Develops and manufactures printing and postprint systems worldwide.

Cosmo Energy Holdings

Market Cap: €523.4b

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

Enhabit

Market Cap: €358.5m

Provides home health and hospice services in the United States.

Singulus Technologies

Market Cap: €16.7m

Develops and assembles machines and systems for thin-film coating and surface treatment processes worldwide.