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.

Robert Walters

Market Cap: €102.0m

Provides professional recruitment consultancy services worldwide.

CleanSpark

Market Cap: €2.7b

Operates as a bitcoin mining company in the Americas.

Huron Consulting Group

Market Cap: US$2.2b

Provides consultancy and managed services in the United States and internationally.

Verallia Société Anonyme

Market Cap: €2.9b

Manufactures and sells glass packaging products for beverages and food products worldwide.

Acrow

Market Cap: €318.8m

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

CNH Industrial

Market Cap: €14.9b

An equipment and services company, engages in the design, production, marketing, sale, and financing of agricultural and construction equipment in North America, Europe, the Middle East, Africa, South America, and the Asia Pacific.

Ag Growth International

Market Cap: CA$797.3m

Manufactures and distributes equipment for bulk agriculture commodities worldwide.

ACT Energy Technologies

Market Cap: CA$159.2m

Provides directional drilling services to oil and natural gas companies in Canada and the United States.

Intrum

Market Cap: €6.5b

Provides payment solutions and credit and collection services in Europe and internationally.

Torex Gold Resources

Market Cap: US$3.8b

Operates as an intermediate gold producer.

Flowserve

Market Cap: US$7.2b

Designs, manufactures, distributes, and services industrial flow management equipment in the United States, Canada, Mexico, Europe, the Middle East, Africa, and the Asia Pacific.

XP

Market Cap: US$9.8b

Provides financial products and services in Brazil.

Rainbow Tours

Market Cap: €2.1b

Operates as a tour operator in Poland, the Czech Republic, Greece, Spain, Turkey, Slovakia, Lithuania, and internationally.

Cosmo Pharmaceuticals

Market Cap: CHF 1.0b

Focuses on the development and commercialization products for gastroenterology, dermatology, and healthtech worldwide.

Premier Foods

Market Cap: UK£1.6b

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

Sword Group

Market Cap: €333.1m

Provides IT and software solutions worldwide.

Maisons du Monde

Market Cap: €75.5m

Through its subsidiaries, provides home and living room related products in France and internationally.

Hollywood Bowl Group

Market Cap: UK£422.7m

Operates ten-pin bowling and mini-golf centers in the United Kingdom and internationally.

Grupo Mateus

Market Cap: R$16.3b

Operates a supermarket chain in Brazil.

McEwen

Market Cap: CA$595.2m

Engages in the exploration, development, production, and sale of gold and silver deposits in the United States, Canada, Mexico, and Argentina.

ACI Worldwide

Market Cap: US$5.1b

Develops, markets, installs, and supports software products and services for facilitating electronic payments in the United States and internationally.

Carmila

Market Cap: €2.4b

As the third-largest listed owner of commercial property in Europe, Carmila was founded by Carrefour and large institutional investors in order to enhance the value of shopping centres adjoining Carrefour hypermarkets in France, Spain and Italy.

Sangoma Technologies

Market Cap: US$273.4m

Develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications in the United States of America and internationally.

Austevoll Seafood

Market Cap: NOK 18.8b

A seafood company, produces and sells salmon and trout, whitefish, and pelagic in Norway, the European Union, the United Kingdom, Eastern Europe, Africa, North America, Asia, and South America.

Capgemini

Market Cap: €20.6b

Provides consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

Veolia Environnement

Market Cap: €20.3b

Designs and provides water, waste, and energy management solutions.

Diebold Nixdorf

Market Cap: US$2.3b

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

Grafton Group

Market Cap: €1.7b

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

Thungela Resources

Market Cap: €12.0b

Engages in the mining and production of thermal coal in South Africa and Australia.

Transcontinental

Market Cap: €1.7b

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

Vestis

Market Cap: US$609.1m

Provides uniform rentals and workplace supplies in the United States and Canada.

Grand Pharmaceutical Group

Market Cap: €32.9b

An investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical preparations and medical devices, biotechnology and healthcare products, and pharmaceutical raw materials.

EKINOPS

Market Cap: €89.1m

Provides network solutions to service providers and enterprises worldwide.

Valeura Energy

Market Cap: €855.2m

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