Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Verastem

Market Cap: US$330.4m

A development-stage biopharmaceutical company, focuses on developing and commercializing drugs for the treatment of cancer in the United States.

Globus Medical

Market Cap: €11.0b

Develops and commercializes healthcare solutions for patients with musculoskeletal disorders in the United States and internationally.

TransUnion

Market Cap: US$13.1b

Operates as a global consumer credit reporting agency that provides risk and information solutions.

China Construction Bank

Market Cap: US$2.3t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

Leidos Holdings

Market Cap: €15.3b

Provides services and solutions for government and commercial customers in the United States and internationally.

HORNBACH Holding KGaA

Market Cap: €1.2b

Through its subsidiaries, develops and operates do-it-yourself (DIY) megastores with garden centers in Germany and other European countries.

China Life Insurance

Market Cap: €1.0t

Operates as a life insurance company in the People’s Republic of China.

Otsuka Holdings

Market Cap: €5.4t

Engages in the pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide.

Bayer

Market Cap: US$35.2b

Operates as a life science company in Europe, the Middle East, Africa, Germany, Switzerland, North America, the United States, the Asia Pacific, China, Latin America, and Brazil.

Parex Resources

Market Cap: US$2.5b

Engages in the exploration, development, production, and marketing of oil and natural gas in Colombia.

Hollywood Bowl Group

Market Cap: UK£489.5m

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

ENEA

Market Cap: €10.2b

Generates, transmits, distributes, and trades in electricity in Poland.

Regis Resources

Market Cap: US$4.2b

Engages in the exploration, evaluation, and development of gold projects in Australia.

Betterware de MéxicoP.I. de

Market Cap: US$684.2m

Operates as a direct-to-consumer selling company in the United States and Mexico.

Man Wah Holdings

Market Cap: €13.7b

An investment holding company, engages in the manufacture and distribution of sofas and ancillary products in the People's Republic of China, Europe, North America, and internationally.

Arcos Dorados Holdings

Market Cap: €1.8b

Operates as a franchisee of McDonald’s restaurants.

TAL Education Group

Market Cap: €5.7b

Provides K-12 after-school tutoring services in the People’s Republic of China.

Bank Mandiri (Persero)

Market Cap: €396.3t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Malaysia, Hong Kong, Timor Leste, Shanghai, England, and the Cayman Islands.

Vetoquinol

Market Cap: €814.7m

A veterinary pharmaceutical company, designs, develops, and sells veterinary drugs and non-medicinal products for cattle, pigs, dogs, and cats in Europe, the Americas, and the Asia Pacific region.

Huhtamäki Oyj

Market Cap: €2.8b

Provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally.

China Life Insurance

Market Cap: US$1.0t

Operates as a life insurance company in the People’s Republic of China.

Vontier

Market Cap: €4.0b

Provides mobility ecosystem solutions worldwide.

ANTA Sports Products

Market Cap: €208.6b

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

bioMérieux

Market Cap: €8.1b

Develops, manufactures, and markets in vitro diagnostic solutions for infectious diseases in France, Europe, Africa, the Middle East, North and South America, the Asia Pacific, and internationally.

Forward Air

Market Cap: €387.4m

Operates as an asset-light freight and logistics company in the United States, Mexico, Europe, Asia, and Canada.

Acrow

Market Cap: €282.0m

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

Astra International

Market Cap: €188.3t

Operates in the automotive, financial services, heavy equipment, mining, construction, energy, agri, infrastructure and logistics, information technology, and property businesses in Indonesia and internationally.

Arnoldo Mondadori Editore

Market Cap: €539.5m

Engages in publishing of books and magazines in Italy, rest of Europe, the United States, internationally.

Bayer

Market Cap: €35.2b

Operates as a life science company in Europe, the Middle East, Africa, Germany, Switzerland, North America, the United States, the Asia Pacific, China, Latin America, and Brazil.

IAMGOLD

Market Cap: CA$12.0b

Through its subsidiaries, operates as a gold producer and developer in Canada and Burkina Faso.

Yuexiu Transport Infrastructure

Market Cap: €6.5b

Invests in, constructs, develops, operates, and manages expressways and bridges in the People’s Republic of China.

Regeneron Pharmaceuticals

Market Cap: €61.2b

Regeneron Pharmaceuticals, Inc. discovers, invents, develops, manufactures, and commercializes medicines to treat various diseases worldwide.

High Tide

Market Cap: CA$284.8m

Engages in the cannabis retail business in Canada, the United States, and internationally.

Boston Beer Company

Market Cap: US$1.8b

Produces and sells alcohol beverages primarily in the United States.

Forbo Holding

Market Cap: CHF 1.0b

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