Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Shenzhen Transsion Holdings

Market Cap: CN¥80.4b

Provides smart devices and mobile services in Africa, South and Southeast Asia, the Middle East, Latin America, and internationally.

China Resources Land

Market Cap: HK$209.8b

An investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China.

Acrow

Market Cap: AU$327.8m

Provides smart integrated construction systems across formwork, industrial services, and commercial scaffolding in Australia.

China Railway Group

Market Cap: CN¥127.0b

Operates as a multi-functional integrated construction company in Mainland China and internationally.

Longfor Group Holdings

Market Cap: HK$69.1b

An investment holding company, engages in the property development, commercial investment, asset management, property management, and smart construction businesses in the People’s Republic of China.

China Overseas Property Holdings

Market Cap: HK$16.1b

An investment holding company, provides property management services in Hong Kong, Macau, and Mainland China.

C&D International Investment Group

Market Cap: HK$36.9b

An investment holding company, engages in the property development, real estate industry chain investment services, and industry investment activities in the People’s Republic of China.

Sichuan Baicha Baidao Industrial

Market Cap: HK$10.2b

An investment holding company, provides tea drink products in the People’s Republic of China.

Trajan Group Holdings

Market Cap: AU$102.2m

Develops, manufactures, and sells analytical and life science products and devices in Malaysia, Japan, Australia, New Zealand, the United States, Europe, the Middle East, Africa, and India.

NetEase Cloud Music

Market Cap: HK$40.4b

An investment holding company, engages in the operation of online platforms to provide music and social entertainment services in the People’s Republic of China.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥14.5b

Engages in the research, development, manufacturing, and sale of invasive medical devices in China and internationally.

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥11.4b

Engages in the manufacture and sale of pharmaceutical raw materials, and food and feed additives under the Star Lake and Yue Bao brand names in China and internationally.

Aeris Resources

Market Cap: AU$563.1m

Explores, produces, and sells precious metals in Australia.

Jinneng Holding Shanxi Coal Industryltd

Market Cap: CN¥24.2b

Engages in the production and sales of coal in China.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.5b

Provides chemical supply chain solutions worldwide.

China Construction Bank

Market Cap: HK$2.1t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥11.2b

Manufactures and sells steel structures and supporting products in China and internationally.

Jiang Zhong PharmaceuticalLtd

Market Cap: CN¥14.6b

Engages in the manufacture of pharmaceutical products in China.

Sinoma International EngineeringLtd

Market Cap: CN¥25.6b

Engages in the engineering, equipment manufacture and supply, and other businesses in China and internationally.

Mitek Systems

Market Cap: US$416.8m

Provides mobile image capture and digital identity verification solutions worldwide.

Eiffage

Market Cap: €11.5b

Engages in the construction and concessions industries in France, rest of Europe, and internationally.

Sulzer

Market Cap: CHF 4.7b

Develops and sells products and services for fluid engineering and chemical processing applications worldwide.

EOG Resources

Market Cap: €59.2b

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.

Cheniere Energy

Market Cap: €45.0b

An energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States.

EVS Broadcast Equipment

Market Cap: €481.3m

Provides live video technology for broadcast and media productions in the United States, Europe, Africa, Middle East, and Asia Pacific.

Ernst Russ

Market Cap: €235.2m

A publicly owned investment manager.

Polar Capital Holdings

Market Cap: €508.1m

Polar Capital Holdings plc is a publicly owned investment manager.

Global Dominion Access

Market Cap: €482.1m

Provides integral services for business process efficiency and sustainability worldwide.

DEME Group

Market Cap: €3.6b

Provides marine solutions in the fields of offshore energy, dredging, marine infrastructure, and environmental works in Belgium, Europe, Africa, the United States, Asia, Oceania, and the Middle East.

Ventura Offshore Holding

Market Cap: NOK 2.1b

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

F5

Market Cap: €13.9b

Provides multicloud application security and delivery solutions in the United States, Europe, the Middle East, Africa, and the Asia Pacific region.

Crown Castle

Market Cap: US$38.4b

Crown Castle owns, operates and leases approximately 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S.

Bonheur

Market Cap: NOK 9.7b

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

Compagnie de Saint-Gobain

Market Cap: €41.4b

Designs, manufactures, and distributes materials and solutions for the construction and industrial markets worldwide.

Befesa

Market Cap: €1.1b

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