Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Vallourec

Market Cap: €3.8b

Through its subsidiaries, provides tubular solutions for the oil and gas, industry, and new energies markets in Europe, North America, South America, Asia, the Middle East, and internationally.

Housing and Development Bank- Egypt (S.A.E)

Market Cap: ج.م47.6b

Together with its, provides corporate and retail banking services in Egypt.

BYD Electronic (International)

Market Cap: US$79.5b

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.

ARYZTA

Market Cap: CHF 1.3b

Provides products and services for in-store bakery solutions in Europe and internationally.

Srisawad Corporation

Market Cap: ฿42.4b

Provides financial services in Thailand and internationally.

Future

Market Cap: JP¥175.8b

Provides IT consulting and services primarily in Japan.

C&D International Investment Group

Market Cap: HK$34.5b

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.

Inspur Digital Enterprise Technology

Market Cap: HK$8.5b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

Aeon (M) Bhd

Market Cap: RM 1.5b

Operates and manages a retail chain of departmental stores and supermarkets in Malaysia.

LX Semicon

Market Cap: ₩818.1b

Operates as a semiconductor company in South Korea, China, Vietnam, Taiwan, Japan, and internationally.

China Construction Bank

Market Cap: HK$2.1t

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.

Adairs

Market Cap: AU$319.2m

Operates as a specialty retailer of home furnishings, furniture, and decoration products in Australia and New Zealand.

Geely Automobile Holdings

Market Cap: CN¥197.9b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

Worley

Market Cap: AU$6.4b

Provides professional services to the energy, chemicals, and resources sectors in the Americas, Europe, the Middle East, Africa, Australia, the Asia Pacific, and China.

China National Building Material

Market Cap: HK$39.0b

An investment holding company, engages in building material, new materials, and engineering technical services businesses.

Innocean Worldwide

Market Cap: ₩732.0b

Provides marketing and communications services in the Americas, Europe, Asia, Oceania, the Middle East, and internationally.

Rithm Capital

Market Cap: US$6.1b

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

Suzano

Market Cap: R$64.1b

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

Cardlytics

Market Cap: US$60.5m

Operates an advertising platform in the United States and the United Kingdom.

Crown Castle

Market Cap: US$38.6b

Crown Castle owns, operates and leases approximately 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S.

On the Beach Group

Market Cap: €322.4m

Operates as an online retailer of short haul beach holidays under the On the Beach brand name in the United Kingdom.

Sasseur Real Estate Investment Trust

Market Cap: S$860.1m

Invests in a portfolio of real estate and related assets.

IRB Infrastructure Developers

Market Cap: ₹258.5b

Engages in the infrastructure development business in India.

China Mobile

Market Cap: HK$1.8t

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

Fosun International

Market Cap: HK$35.9b

Operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally.

Hansen Technologies

Market Cap: AU$1.1b

Engages in the development, integration, and support of billing and customer information systems.

Cheil Worldwide

Market Cap: ₩2.1t

Provides various marketing solutions worldwide.

F&F

Market Cap: ₩2.5t

Manufactures and sells sewn wearing apparels in South Korea.

SK

Market Cap: ₩14.1t

Engages in petroleum refining, telecommunications, wholesale and retail, chemicals, construction, and other businesses in Korea.

Acrow

Market Cap: AU$322.3m

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

Aurelia Metals

Market Cap: AU$431.6m

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

REC

Market Cap: ₹1.0t

Engages in the provision of financing services for power generation, transmission, and distribution projects in India.

Nido Education

Market Cap: AU$138.4m

Owns, operates, and manages long day early childhood education and care centres under the Nido Early School brand in Australia.

Centurion

Market Cap: S$1.2b

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

Binggrae

Market Cap: ₩644.6b

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