Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Argan

Market Cap: €1.7b

ARGAN is the only French real estate company specializing in the DEVELOPMENT & RENTAL OF PREMIUM WAREHOUSES listed on EURONEXT and is the leading player of its market in France.

L.D.C

Market Cap: €3.0b

Produces and sells poultry and processed products in France and internationally.

Eiffage

Market Cap: €11.5b

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

Ernst Russ

Market Cap: €233.1m

A publicly owned investment manager.

EOG Resources

Market Cap: €58.5b

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.

Sulzer

Market Cap: CHF 4.7b

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

United Bank for Africa

Market Cap: ₦1.5t

Primarily provides corporate, commercial, and retail banking services in Nigeria, rest of Africa, and internationally.

EVS Broadcast Equipment

Market Cap: €483.4m

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

Koenig & Bauer

Market Cap: €166.2m

Develops and manufactures printing and postprint systems worldwide.

LPKF Laser & Electronics

Market Cap: €145.3m

Develops, manufactures, and sells laser-based solutions for the technology industry worldwide.

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.

LKQ

Market Cap: US$7.6b

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.

Kardemir Karabük Demir Çelik Sanayi Ve Ticaret

Market Cap: ₺28.2b

Kardemir Karabük Demir Çelik Sanayi ve Ticaret A.S.

Jiang Zhong PharmaceuticalLtd

Market Cap: CN¥13.7b

Engages in the manufacture of pharmaceutical products in China.

Limbach Holdings

Market Cap: US$822.6m

Operates as a building systems solution company in the United States.

Ventura Offshore Holding

Market Cap: NOK 2.2b

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

Regional Management

Market Cap: €369.5m

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.

Herc Holdings

Market Cap: US$4.5b

Operates as an equipment rental supplier in the United States and internationally.

Silgan Holdings

Market Cap: US$4.2b

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

Beijing Urban Construction Investment & Development

Market Cap: CN¥9.8b

Beijing Urban Construction Investment & Development Co., Ltd.

Mitek Systems

Market Cap: US$404.4m

Provides mobile image capture and digital identity verification solutions worldwide.

Beazley

Market Cap: €4.7b

Provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally.

Serabi Gold

Market Cap: CA$218.9m

Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.

Shofu

Market Cap: €66.6b

Manufactures and sells dental materials and equipment worldwide.

Arcadis

Market Cap: €3.4b

Offers design, engineering, architecture, and consultancy solutions for natural and built assets in The Americas, Europe, the Middle East, and the Asia Pacific.

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥4.8b

Produces and sells solid content, water-based solvent free, and special function coating products in China.

Infinity Natural Resources

Market Cap: US$806.0m

Engages in the acquisition, exploration, and development of properties to produce oil, natural gas, and natural gas liquids from underground reservoirs in the United States.

Spectrum Brands Holdings

Market Cap: €1.4b

Operates as a branded consumer products and home essentials company in North America, Europe, the Middle East, Africa, Latin America, and Asia-Pacific regions.

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.

Kuaishou Technology

Market Cap: €293.0b

An investment holding company, provides live streaming, online marketing, and other services in the People’s Republic of China.

Suzano

Market Cap: R$58.8b

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

Capgemini

Market Cap: €22.9b

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.

Robert Walters

Market Cap: €89.1m

Provides professional recruitment consultancy services worldwide.

Befesa

Market Cap: €1.1b

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

Tennant

Market Cap: US$1.3b

Designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.