Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Urban Outfitters

Market Cap: US$5.5b

Offers lifestyle products and services.

Plumas Bancorp

Market Cap: US$293.2m

Operates as the bank holding company for the Plumas Bank that provides various banking products and services for small and middle market businesses and individuals in California, Nevada, and Oregon.

First Citizens BancShares

Market Cap: US$22.7b

Operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals in the United States and internationally.

BYD Electronic (International)

Market Cap: US$76.6b

An investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People’s Republic of China and internationally.

Allied Properties Real Estate Investment Trust

Market Cap: €1.8b

Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities.

China Railway Group

Market Cap: CN¥128.9b

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

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥11.8b

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.

IPH

Market Cap: AU$938.7m

Provides intellectual property (IP) services and products.

Select Harvests

Market Cap: AU$498.8m

Engages in the growing, processing, packaging, and selling of almonds and its by-products in Australia.

Shofu

Market Cap: JP¥65.8b

Manufactures and sells dental materials and equipment worldwide.

Carlsberg

Market Cap: US$106.7b

Produces and markets beer and other beverage products in Denmark, China, the United Kingdom, and internationally.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.2b

Provides chemical supply chain solutions worldwide.

Assetwise

Market Cap: ฿5.4b

Engages in property development and other real estate activities in Thailand.

Beijing Urban Construction Investment & Development

Market Cap: CN¥10.1b

Beijing Urban Construction Investment & Development Co., Ltd.

C&D International Investment Group

Market Cap: HK$36.4b

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.

Yuan Long Ping High-Tech Agriculture

Market Cap: CN¥14.5b

Yuan Long Ping High-Tech Agriculture Co., Ltd.

China Conch Venture Holdings

Market Cap: HK$18.3b

An investment holding company, provides various package solutions for energy conservation and environmental protection in Mainland China and the Asia-Pacific.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.2b

Provides chemical supply chain solutions worldwide.

F&F

Market Cap: ₩2.7t

Manufactures and sells sewn wearing apparels in South Korea.

Security Bank

Market Cap: ₱50.6b

Provides banking and financial products and services to wholesale and retail clients in the Philippines.

CapitaLand Malaysia Trust

Market Cap: RM 2.1b

CapitaLand Malaysia Trust (CLMT) is a real estate investment trust (REIT) listed on the Main Market of Bursa Malaysia Securities Berhad since 16 July 2010.

Centurion

Market Cap: S$1.1b

Owns, develops, and manages workers and student accommodation assets in Singapore, Malaysia, Australia, the United Kingdom, and internationally.

Aurelia Metals

Market Cap: AU$372.4m

Engages in the exploration and production of mineral properties in Australia.

China Pacific Insurance (Group)

Market Cap: CN¥320.6b

Provides insurance products to individual and institutional customers in the People’s Republic of China.

Grand Pharmaceutical Group

Market Cap: HK$29.0b

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.

DUG Technology

Market Cap: AU$268.8m

A technology company, provides hardware and software solutions for the technology and resource sectors in Australia, the United States, the United Kingdom, Malaysia, and the United Arab Emirates.

Tenaga Nasional Berhad

Market Cap: RM 76.8b

Engages in the generation, transmission, distribution, and sale of electricity in Malaysia, the United Kingdom, Kuwait, the Republic of Ireland, Australia, and internationally.

GWA Group

Market Cap: AU$629.8m

Research, designs, manufactures, imports, and markets building fixtures and fittings to residential and commercial premises in Australia, New Zealand, the United Kingdom, and internationally.

Sasseur Real Estate Investment Trust

Market Cap: S$853.8m

Invests in a portfolio of real estate and related assets.

Sansiri

Market Cap: ฿23.2b

Engages in the property development business in Thailand.

Shanghai Zhonggu Logistics

Market Cap: CN¥21.9b

Provides container shipping services in China.

Raydium Semiconductor

Market Cap: NT$16.1b

Engages in the design, development, and sale of display drivers, sequential control, and power management integrated circuit (IC) products in China, Hong Kong, Taiwan, and internationally.

Emaar Properties PJSC

Market Cap: د.إ118.0b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

Anker Innovations

Market Cap: CN¥55.9b

Develops and sells mobile charging products.

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥5.0b

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