Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

REC

Market Cap: ₹976.0b

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

Apeejay Surrendra Park Hotels

Market Cap: ₹31.6b

Owns and operates hotels in India.

Chambal Fertilisers and Chemicals

Market Cap: ₹192.9b

Produces and sells fertilizers primarily in India.

Allstate

Market Cap: €50.4b

Provides property and casualty, and other insurance products in the United States and Canada.

Verizon Communications

Market Cap: €166.4b

Through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide.

ICG

Market Cap: UK£5.6b

A private equity firm specializing in direct and fund of fund investments.

GFT Technologies

Market Cap: €445.2m

Provides digital transformation services.

LPKF Laser & Electronics

Market Cap: €150.2m

Develops, manufactures, and sells laser-based solutions for the technology industry worldwide.

Mayr-Melnhof Karton

Market Cap: €1.5b

Manufactures and sells cartonboard and folding cartons in Germany, Austria, and internationally.

CEWE Stiftung KGaA

Market Cap: €676.6m

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

Altea Green Power

Market Cap: €117.3m

Supplies and manages renewable energy plants in Italy and the United States.

Gamma Communications

Market Cap: UK£892.1m

Provides technology-based communications and software services to small, medium, and large-sized organizations in the United Kingdom, rest of Europe, and internationally.

Veolia Environnement

Market Cap: €21.0b

Designs and provides water, waste, and energy management solutions.

Kemira Oyj

Market Cap: €2.8b

Operates as a chemicals company in Finland, rest of Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Rithm Capital

Market Cap: US$6.1b

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

Capgemini

Market Cap: €21.7b

Provides consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

HORNBACH Holding KGaA

Market Cap: €1.3b

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

Telefónica

Market Cap: €21.0b

Provides telecommunications services in Europe and Latin America.

Gecina

Market Cap: €5.9b

A leading operator, that fully integrates all real estate expertise, owning, managing, and developing a unique prime portfolio valued at €17.0bn as at June 30, 2025.

Austevoll Seafood

Market Cap: NOK 18.4b

A seafood company, produces and sells salmon and trout, whitefish, and pelagic in Norway, the European Union, the United Kingdom, Eastern Europe, Africa, North America, Asia, and South America.

Cheniere Energy

Market Cap: €45.1b

An energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States.

Delta Air Lines

Market Cap: €37.9b

Provides scheduled air transportation for passengers and cargo in the United States and internationally.

JOST Werke

Market Cap: €727.9m

Manufactures and supplies safety-critical systems for the commercial vehicle industry in Germany, Europe, North America, Asia, Pacific, and Africa.

BWG

Market Cap: NOK 20.3b

An investment holding company, engages in ship owning and chartering activities worldwide.

Econocom Group

Market Cap: €280.3m

Designs and develops digital solutions for public and private companies in Belgium and internationally.

Brinker International

Market Cap: €4.7b

Owns, develops, operates, and franchises casual dining restaurants in the United States and internationally.

PORR

Market Cap: €1.1b

Operates as a construction company in Austria, Germany, Poland, the Czech Republic, Italy, Romania, Switzerland, Serbia, Great Britain, Slovakia, Norway, Belgium, and internationally.

GL Events

Market Cap: €777.3m

Provides integrated solutions and services for events in France and internationally.

Robert Walters

Market Cap: UK£96.4m

Provides professional recruitment consultancy services worldwide.

ANTA Sports Products

Market Cap: €222.6b

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

ProSiebenSat.1 Media

Market Cap: €1.2b

Operates as a media company in Germany, Austria, Switzerland, the United States, and internationally.

PayPal Holdings

Market Cap: €63.9b

Operates a technology platform that enables digital payments for merchants and consumers worldwide.

q.beyond

Market Cap: €105.6m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

Compagnie des Alpes

Market Cap: €991.5m

Engages in the operation of leisure facilities in France and internationally.

Vallourec

Market Cap: €3.9b

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.