Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Sangoma Technologies

Market Cap: US$235.0m

Develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications in the United States of America and internationally.

Sendas Distribuidora

Market Cap: R$13.1b

Engages in the retail and wholesale sale of food products, bazaar items, and other products in Brazil.

Thryv Holdings

Market Cap: US$253.2m

Provides digital marketing solutions and cloud-based tools to the small-to-medium-sized businesses in the United States.

Sonic Healthcare

Market Cap: US$10.3b

Offers medical diagnostic services, and administrative services and facilities to medical practitioners in Australia, the United States, Germany, and internationally.

Preferred Bank

Market Cap: US$1.1b

Provides various banking products and services to small and mid-sized businesses, entrepreneurs, real estate developers, professionals, and high net worth individuals.

PTC

Market Cap: US$20.7b

Operates as software company in the Americas, Europe, and the Asia Pacific.

Allied Properties Real Estate Investment Trust

Market Cap: €1.8b

Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities.

Huaqin Technology

Market Cap: CN¥87.3b

Engages in the development, manufacturing, and operation service of software, hardware, systems for tech companies worldwide.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥11.9b

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

Indofood Sukses Makmur

Market Cap: Rp61.7t

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

Chambal Fertilisers and Chemicals

Market Cap: ₹183.2b

Produces and sells fertilizers primarily in India.

Raydium Semiconductor

Market Cap: NT$15.8b

Engages in the design, development, and sale of display drivers, sequential control, and power management integrated circuit (IC) products in China, Hong Kong, Taiwan, and internationally.

AWC Berhad

Market Cap: RM 208.7m

An investment holding company, provides integrated facilities management and engineering services.

Sansiri

Market Cap: ฿23.0b

Engages in the property development business in Thailand.

Binggrae

Market Cap: ₩663.1b

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

Aeris Resources

Market Cap: AU$488.4m

Explores, produces, and sells precious metals in Australia.

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥4.9b

Produces and sells solid content, water-based solvent free, and special function coating products in China.

Sinoma International EngineeringLtd

Market Cap: CN¥23.8b

Engages in the engineering, equipment manufacture and supply, and other businesses in China and internationally.

Bethel Automotive Safety Systems

Market Cap: CN¥28.3b

Develops, manufactures, and sells automotive safety systems and advanced driver assistance systems in China.

Inspur Digital Enterprise Technology

Market Cap: HK$9.1b

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.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥11.9b

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

Tenaga Nasional Berhad

Market Cap: RM 76.8b

Engages in the generation, transmission, distribution, and sale of electricity in Malaysia, the United Kingdom, Kuwait, the Republic of Ireland, Australia, and internationally.

Aurelia Metals

Market Cap: AU$380.8m

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

GWA Group

Market Cap: AU$624.5m

Research, designs, manufactures, imports, and markets building fixtures and fittings to residential and commercial premises in Australia, New Zealand, the United Kingdom, and internationally.

DUG Technology

Market Cap: AU$268.2m

A technology company, provides hardware and software solutions for the technology and resource sectors in Australia, the United States, the United Kingdom, Malaysia, and the United Arab Emirates.

CapitaLand Malaysia Trust

Market Cap: RM 2.1b

CapitaLand Malaysia Trust (CLMT) is a real estate investment trust (REIT) listed on the Main Market of Bursa Malaysia Securities Berhad since 16 July 2010.

Emaar Properties PJSC

Market Cap: د.إ116.7b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

Adairs

Market Cap: AU$318.3m

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

Guangdong Haid Group

Market Cap: CN¥97.0b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

Haidilao International Holding

Market Cap: HK$75.0b

An investment holding company, engages in the restaurant operation and delivery businesses in Mainland China, Hong Kong, Macau, and Taiwan.

WT Microelectronics

Market Cap: NT$147.1b

Develops and sells electronic and communication components in the United States, Taiwan, China, and internationally.

Anker Innovations

Market Cap: CN¥55.7b

Develops and sells mobile charging products.

REC

Market Cap: ₹946.5b

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

China Pacific Insurance (Group)

Market Cap: CN¥327.2b

Provides insurance products to individual and institutional customers in the People’s Republic of China.

Centurion

Market Cap: S$1.1b

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