Global Potentially Undervalued Companies

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.

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Konica Minolta

Market Cap: JP¥218.0b

Engages in digital workplace, professional print, healthcare, and industrial businesses in Japan, China, other Asian countries, the United States, Europe, and internationally.

Exxaro Resources

Market Cap: R35.5b

Engages in coal, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Asia, and internationally.

Exxaro Resources

Market Cap: €35.5b

Engages in coal, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Asia, and internationally.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥12.9b

Manufactures and sells steel structures and supporting products in China and internationally.

Vallourec

Market Cap: €3.5b

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.

Hafnia

Market Cap: US$25.6b

Owns and operates oil product tankers in Bermuda.

Sanofi

Market Cap: €106.6b

A healthcare company, engages in the research, development, manufacture, and marketing of therapeutic solutions in the United States, Europe, and internationally.

Seiko Epson

Market Cap: €607.5b

Develops, manufactures, sells, and provides services for products in the printing solutions, visual communications, manufacturing-related and wearables, and other businesses.

KBR

Market Cap: US$6.8b

Provides scientific, technology, and engineering solutions to governments and commercial customers worldwide.

Thungela Resources

Market Cap: €11.9b

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

Autohome

Market Cap: US$2.9b

Operates as an online destination for automobile consumers in the People’s Republic of China.

Huhtamäki Oyj

Market Cap: €3.4b

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

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.5b

Produces and sells seasoning products in China and internationally.

Austevoll Seafood

Market Cap: NOK 18.8b

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.

United Bank for Africa

Market Cap: ₦1.4t

Primarily provides corporate, commercial, and retail banking services in Nigeria, rest of Africa, and internationally.

Alaris Equity Partners Income Trust

Market Cap: €842.5m

A private equity firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, growth capital, and mature investments.

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.5b

Produces and sells seasoning products in China and internationally.

Taseko Mines

Market Cap: US$976.1m

A mining company, acquires, develops, and operates mineral properties.

Griffon

Market Cap: US$3.2b

Through its subsidiaries, provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally.

KH Neochem

Market Cap: JP¥89.2b

Researches, manufactures, and sells of petrochemical products in Japan and internationally.

Innocean Worldwide

Market Cap: ₩727.2b

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

Iochpe-Maxion

Market Cap: R$1.8b

Produces and sells automotive wheels and structural components for commercial and light vehicles in North America, South America, Europe, Asia, and internationally.

CES Energy Solutions

Market Cap: €1.4b

Engages in the design, implementation, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada.

Merck KGaA

Market Cap: US$50.2b

Operates as a science and technology company in Germany.

Noodles

Market Cap: US$35.7m

A restaurant concept company, develops and operates fast-casual restaurants in the United States.

Bertrandt

Market Cap: €201.3m

Provides engineering services.

CENIT

Market Cap: €74.1m

Operates as an IT consultancy and software company that serves manufacturing and financial services industries in Germany, Austria, Switzerland, North America, Romania, France, Belgium, the Netherlands, and China.

Cheil Worldwide

Market Cap: ₩1.9t

Provides various marketing solutions worldwide.

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥23.0b

Designs, develops, manufactures, sells, and supplies auto parts in China.

Xiamen C&D

Market Cap: CN¥29.2b

Engages in the supply chain and real estate development businesses in China and internationally.

Mitek Systems

Market Cap: US$427.8m

Provides mobile image capture and digital identity verification solutions worldwide.

Ceconomy

Market Cap: €1.3b

Engages in the consumer electronics retail business.

Zhejiang Yinlun MachineryLtd

Market Cap: CN¥20.6b

Engages in the research and development, manufacturing, and sale of various thermal management and exhaust gas post-treatment products.

Gamma Communications

Market Cap: UK£1.1b

Provides technology-based communications and software services for small, medium, and large sized to businesses in the United Kingdom and Europe.