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.

Chorus Aviation

Market Cap: US$551.6m

Through its subsidiaries, provides aviation services.

Highwood Asset Management

Market Cap: CA$79.6m

Together with its subsidiary, operates as an oil and gas exploration and production company in Canada.

Carlsberg

Market Cap: US$106.1b

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

Luceco

Market Cap: €187.0m

Manufactures and distributes wiring accessories, LED lighting, and portable power products in the United Kingdom, the Americas, Europe, the Middle East, Africa, the Asia Pacific.

Copa Holdings

Market Cap: €4.8b

Through its subsidiaries, provides airline passenger and cargo transport services.

CEWE Stiftung KGaA

Market Cap: €651.5m

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

Corebridge Financial

Market Cap: €18.4b

Provides retirement solutions and insurance products in the United States.

Flowco Holdings

Market Cap: US$1.4b

Through its subsidiaries, provides production optimization, artificial lift, and methane abatement solutions for the oil and natural gas industry in the United States.

DOF Group

Market Cap: €23.5b

Owns and operates a fleet of offshore and subsea vessels.

Aica Kogyo Company

Market Cap: €231.9b

Develops, produces, and sells chemical products, and laminates and building materials in Japan and internationally.

Colabor Group

Market Cap: CA$77.5m

Colabor Group Inc., together with its subsidiaries, markets, distributes, and wholesales food and food-related products in Canada.

Central Asia Metals

Market Cap: €282.5m

Operates as a base metals producer.

Evonik Industries

Market Cap: €7.9b

Produces and sells specialty chemicals in the Asia-Pacific, Europe, the Middle East, Africa, Central and South America, and North America.

Valeura Energy

Market Cap: €898.7m

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

Amneal Pharmaceuticals

Market Cap: €2.9b

A global biopharmaceutical company, develops, manufactures, markets, and distributes generics, injectables, biosimilars, and specialty branded pharmaceutical products worldwide.

Renault

Market Cap: €9.1b

Engages in the design, manufacture, sale, repair, maintenance, and leasing of motor vehicles in Europe, Eurasia, Africa, the Middle East, the Asia Pacific, and the Americas.

Plumas Bancorp

Market Cap: US$286.3m

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.

Sangoma Technologies

Market Cap: US$265.4m

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

Havas

Market Cap: €1.5b

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

urban-gro

Market Cap: US$4.9m

Engages in the designing, engineering, building, and integrating complex environmental equipment systems for indoor controlled environment agriculture (CEA) cultivation and retail facilities in the United States, Canada, and Europe.

Lenovo Group

Market Cap: €136.2b

An investment holding company, develops, manufactures, and markets technology products and services.

Thungela Resources

Market Cap: €10.8b

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

Transcontinental

Market Cap: €1.6b

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

Acrow

Market Cap: €321.8m

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

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.

lastminute.com

Market Cap: CHF 170.6m

Operates in the online travel industry providing dynamic holiday packages in Italy, Spain, the United Kingdom, France, Germany, and internationally.

ACI Worldwide

Market Cap: US$4.9b

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

Rainbow Tours

Market Cap: €2.1b

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

Regeneron Pharmaceuticals

Market Cap: €59.5b

Regeneron Pharmaceuticals, Inc. discovers, invents, develops, manufactures, and commercializes medicines for treating various diseases worldwide.

XP

Market Cap: US$9.3b

Provides financial products and services in Brazil.

Cosmo Pharmaceuticals

Market Cap: CHF 914.9m

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

ACT Energy Technologies

Market Cap: CA$161.2m

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

INDUS Holding

Market Cap: €562.6m

A private equity firm specializing in mergers and acquisitions and corporate spin-offs.

Casta Diva Group

Market Cap: €12.0m

Operates as a communication company in Italy and internationally.