Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Sinoma International EngineeringLtd

Market Cap: CN¥22.9b

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

Shandong Yisheng Livestock & Poultry Breeding

Market Cap: CN¥9.4b

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd.

China Mobile

Market Cap: HK$1.9t

Provides telecommunications and information related services in Mainland China and Hong Kong.

Hu Lane Associate

Market Cap: NT$15.1b

Engages in manufacture and sale of terminal devices, terminal crimping, industrial rubber, and plastic products in Taiwan.

Maisons du Monde

Market Cap: €71.2m

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

Sendas Distribuidora

Market Cap: R$12.6b

Engages in the retail and wholesale sale of food products, bazaar items, and other products in Brazil.

Suzano

Market Cap: R$61.1b

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

Iochpe-Maxion

Market Cap: R$1.8b

Produces and sells automotive wheels and structural components for commercial and light vehicles in North America, South America, Europe, Asia, and internationally.

Intrum

Market Cap: €6.5b

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

Sinoma International EngineeringLtd

Market Cap: CN¥22.9b

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

Hollywood Bowl Group

Market Cap: UK£423.8m

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

DOF Group

Market Cap: €24.6b

Owns and operates a fleet of offshore and subsea vessels.

Binggrae

Market Cap: ₩663.1b

Engages in production and sale of dairy products in South Korea and internationally.

Sangoma Technologies

Market Cap: US$235.6m

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

Business First Bancshares

Market Cap: US$716.7m

Operates as the bank holding company for b1BANK that provides various banking products and services in Louisiana and Texas.

KH Neochem

Market Cap: JP¥98.3b

Researches, manufactures, and sells of petrochemical products in Japan and internationally.

Angel Oak Mortgage REIT

Market Cap: US$224.3m

A real estate finance company, focuses on acquiring and investing in first lien non- qualified mortgage loans and other mortgage-related assets in the United States mortgage market.

WemadeLtd

Market Cap: ₩884.2b

Develops and publishes games in South Korea and internationally.

Miura

Market Cap: JP¥335.5b

Produces and sells boilers in Japan and internationally.

Corpovael. de

Market Cap: Mex$988.6m

Engages in the design, urbanization, construction, promotion, and sale of homes in Mexico.

Foxsemicon Integrated Technology

Market Cap: NT$31.9b

Engages in the research, development, design, manufacturing, and sale of semiconductor equipment subsystems and system integration in Taiwan, the United States, China, and internationally.

Trajan Group Holdings

Market Cap: AU$112.1m

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.

Rithm Capital

Market Cap: US$6.2b

Operates as an asset manager focused on real estate, credit, and financial services in the United States.

Transcontinental

Market Cap: CA$1.6b

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

Burford Capital

Market Cap: US$2.6b

Provides legal finance products and services worldwide.

Continental

Market Cap: US$11.4b

A technology company, provides solutions for vehicles, machines, traffic, and transportation worldwide.

Cheerwin Group

Market Cap: HK$3.0b

An investment holding company, manufactures and trades household insecticides and repellents, household cleaning, air care, personal care, pet stores and pet products, and other products in the People’s Republic of China.

Renew Holdings

Market Cap: €634.0m

Provides engineering services in the United Kingdom.

Limbach Holdings

Market Cap: US$1.1b

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

Koenig & Bauer

Market Cap: €230.0m

Develops and manufactures printing and postprint systems worldwide.

Prosegur Cash

Market Cap: €1.0b

Provides integrated cash cycle management solutions and automating payments in retail establishments and ATM management for financial institutions, retail establishments, business, government agencies, central banks, mints, and jewellery stores in Europe, LATAM, and internationally.

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.

Horizon Construction Development

Market Cap: HK$3.9b

Operates as an investment holding company that provides equipment operation services in the People's Republic of China.

Beijing Urban Construction Investment & Development

Market Cap: CN¥10.4b

Beijing Urban Construction Investment & Development Co., Ltd.

Haidilao International Holding

Market Cap: HK$71.8b

An investment holding company, engages in the restaurant operation and delivery businesses.