Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Aegean Airlines

Market Cap: €1.2b

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

Acrow

Market Cap: €291.3m

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

GFT Technologies

Market Cap: €475.5m

Provides digital transformation services.

Havas

Market Cap: €1.6b

Provides communications and marketing services in France, the United Kingdom, rest of Europe, North America, Latin America, the Asia-Pacific, and Africa.

Akzo Nobel

Market Cap: €8.7b

Produces and sells paints and coatings worldwide.

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.

McBride

Market Cap: €280.7m

Manufactures and sells private label household and personal care products to retailers and brand owners in the United Kingdom, Germany, France, Italy, Spain, rest of Europe, the Asia-Pacific, and internationally.

Forbo Holding

Market Cap: CHF 1.1b

Engages in the production and sell of floor coverings, building and construction adhesives, and belt for power transmission and conveyor technology worldwide.

Perrigo

Market Cap: €1.6b

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

Ansell

Market Cap: €4.0b

Designs, sources, develops, manufactures, distributes, and sells hand and body protection solutions in the Asia Pacific, Europe, the Middle East, Africa, Latin America, the Caribbean, and North America.

Rogers Communications

Market Cap: €24.9b

Operates as a communications, sports, and entertainment company in Canada.

CEWE Stiftung KGaA

Market Cap: €649.1m

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

Calfrac Well Services

Market Cap: US$582.1m

Provides specialized oilfield services in Canada, the United States, and Argentina.

ANTA Sports Products

Market Cap: €234.2b

Engages in the research, design, development, manufacture, market, and sale of professional sports footwear, apparel, and accessories in China and internationally.

Ovintiv

Market Cap: €15.5b

Operates as an oil and natural gas exploration and production company in North America.

Hollywood Bowl Group

Market Cap: UK£453.4m

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

BRP

Market Cap: €7.9b

Designs, develops, manufactures, and sells powersports vehicles and marine products in the United States, Canada, Europe, Asia Pacific, Latin America, and internationally.

CENIT

Market Cap: €56.9m

Provides software solutions and associated software consulting and integration services.

Bertrandt

Market Cap: €155.6m

Provides engineering services.

Corebridge Financial

Market Cap: €12.3b

Provides retirement solutions and insurance products in the United States.

Bertrandt

Market Cap: €155.6m

Provides engineering services.

A. O. Smith

Market Cap: €9.3b

Manufactures and markets residential and commercial gas and electric water heaters, boilers, heat pumps, tanks, and water treatment products in North America, China, Europe, and India.

Pollard Banknote

Market Cap: €484.5m

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

Imperial Brands

Market Cap: UK£22.0b

Manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, the Asia, Australasia, and internationally.

Grafton Group

Market Cap: €1.7b

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

Stanmore Resources

Market Cap: €2.3b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

Carnival Corporation &

Market Cap: €39.7b

A cruise company, provides leisure travel services in North America, Australia, Europe, and internationally.

Mears Group

Market Cap: UK£320.9m

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

American Integrity Insurance Group

Market Cap: €364.0m

Operates as an insurance company in the United States.

Grupa Pracuj

Market Cap: €3.0b

Operates HR technology platform in Poland, Ukraine, and Germany.

Lithia Motors

Market Cap: €6.6b

Operates as an automotive retailer in the United States, the United Kingdom, and Canada.

Andean Precious Metals

Market Cap: €1.1b

Engages in the acquisition, exploration, development, and processing of mineral resource properties in the United States.

Green Thumb Industries

Market Cap: €2.1b

Manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States.

ProCredit Holding

Market Cap: €498.9m

Provides commercial banking products and services for small and medium enterprises and private clients in Europe, South America, and Germany.

Wienerberger

Market Cap: €2.7b

Produces and sells clay blocks, facing bricks, roof tiles, and ceramic pavers in Europe West, Europe East, and North America.