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.

LKQ

Market Cap: US$8.2b

Engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories.

Grafton Group

Market Cap: €1.8b

Distributes and sells building materials and construction related products in Ireland, the United Kingdom, the Netherlands, Finland, and Spain.

Beazley

Market Cap: €4.8b

Provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally.

Robert Walters

Market Cap: €98.0m

Provides professional recruitment consultancy services worldwide.

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

Market Cap: ج.م34.0b

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

Econocom Group

Market Cap: €301.0m

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

Aspen Pharmacare Holdings

Market Cap: €45.3b

Manufactures and markets specialty and branded pharmaceutical products in Africa, the Middle East, the Americas, Europe CIS, Australasia, and Asia.

Huron Consulting Group

Market Cap: US$2.2b

Provides consultancy and managed services in the United States and internationally.

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.

Regeneron Pharmaceuticals

Market Cap: €61.1b

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

Grand Pharmaceutical Group

Market Cap: €33.9b

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.

Transcontinental

Market Cap: €1.7b

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

q.beyond

Market Cap: €112.1m

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

Ero Copper

Market Cap: CA$2.1b

Engages in the exploration, development, and production of mining projects in Brazil.

Highwood Asset Management

Market Cap: CA$78.9m

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

Acrow

Market Cap: €323.4m

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

Arnoldo Mondadori Editore

Market Cap: €547.7m

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

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.

Semapa - Sociedade de Investimento e Gestão SGPS

Market Cap: €1.5b

Through its subsidiaries, produces and sells pulp, printing and writing papers, and tissues in Portugal, the rest of Europe, the United States, Africa, Asia, and Oceania.

Serabi Gold

Market Cap: CA$145.4m

Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.

Teva Pharmaceutical Industries

Market Cap: €21.2b

Develops, manufactures, markets, and distributes generic and other medicines, and biopharmaceutical products in the United States, Europe, Israel, and internationally.

Infinity Natural Resources

Market Cap: US$837.1m

Engages in the acquisition, exploration, and development of properties to produce oil, natural gas, and natural gas liquids from underground reservoirs in the United States.

Business First Bancshares

Market Cap: US$752.5m

Operates as the bank holding company for b1BANK that provides various banking products and services in Louisiana and Texas.

Perrigo

Market Cap: €3.4b

Provides over-the-counter health and wellness solutions in the United States, Europe, and internationally.

Origin Enterprises

Market Cap: €405.6m

Provides agronomy services company in Ireland, the United Kingdom, Brazil, Poland, Romania, Latin America, and internationally.

McEwen

Market Cap: CA$587.6m

Engages in the exploration, development, production, and sale of gold and silver deposits in the United States, Canada, Mexico, and Argentina.

GFT Technologies

Market Cap: €464.6m

Provides digital transformation services.

Ribbon Communications

Market Cap: US$703.0m

Provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally.

ACI Worldwide

Market Cap: US$5.1b

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

CleanSpark

Market Cap: €2.8b

Operates as a bitcoin mining company in the Americas.

ProCredit Holding

Market Cap: €573.7m

Provides commercial banking products and services for small and medium enterprises and private customers in Europe, South America, and Germany.

Indofood Sukses Makmur

Market Cap: €67.6t

Operates as a food solutions company in Indonesia, the Middle East, Africa, rest of Asia, internationally.

Bidvest Group

Market Cap: €82.8b

An investment holding company, engages in services, trading, and distribution businesses in South Africa and internationally.

Chorus Aviation

Market Cap: CA$554.3m

Through its subsidiaries, provides aviation services.