Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

World Kinect

Market Cap: US$1.3b

Operates as an energy management company in the United States, the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Carlsberg

Market Cap: US$112.3b

Produces and markets beer and other beverage products in Denmark, China, the United Kingdom, and internationally.

NETGEAR

Market Cap: US$699.6m

Provides connectivity solutions the Americas; Europe, the Middle East, Africa; and the Asia Pacific.

Construtora Tenda

Market Cap: R$3.0b

Operates as a construction company in Brazil.

Euroseas

Market Cap: US$381.2m

Provides ocean-going transportation services worldwide.

Flowco Holdings

Market Cap: US$1.6b

Through its subsidiaries, provides production optimization, artificial lift, and methane abatement solutions for the oil and natural gas industry in the United States.

Iochpe-Maxion

Market Cap: R$1.5b

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

Enovis

Market Cap: US$1.6b

Operates as a medical technology company focus on developing clinically differentiated solutions in the United States and internationally.

Blue Bird

Market Cap: US$1.6b

Designs, engineers, manufactures, and sells school buses in the United States, Canada, and internationally.

Thryv Holdings

Market Cap: US$265.8m

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

Merchants Bancorp

Market Cap: US$1.5b

Operates as the diversified bank holding company in the United States.

China Construction Bank

Market Cap: US$2.0t

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.

PTC

Market Cap: US$21.0b

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

Iluka Resources

Market Cap: US$2.5b

Engages in the exploration, project development, mining, processing, marketing, and rehabilitation of mineral sands in Australia, China, rest of Asia, Europe, the Americas, and internationally.

LKQ

Market Cap: US$7.8b

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.

TravelSky Technology

Market Cap: US$30.9b

Provides information technology (IT) solutions for the aviation and travel industries in the People’s Republic of China.

Torex Gold Resources

Market Cap: US$6.6b

Operates as an intermediate gold producer.

ABM Industries

Market Cap: US$2.6b

Through its subsidiaries, engages in the provision of facility maintenance, engineering and infrastructure solutions in the United States and internationally.

Yalla Group

Market Cap: US$1.1b

Operates a social networking and gaming platform in the Middle East and North Africa region.

BYD Electronic (International)

Market Cap: US$75.6b

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.

DHT Holdings

Market Cap: US$2.0b

Through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, Norway, and India.

Coterra Energy

Market Cap: US$19.6b

An independent oil and gas company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States.

Zevra Therapeutics

Market Cap: US$499.4m

A commercial-stage company, focuses on addressing unmet needs for the treatment of rare diseases in the United States.

Spectrum Brands Holdings

Market Cap: €1.4b

Operates as a branded consumer products and home essentials company in North America, Europe, the Middle East, Africa, Latin America, and Asia-Pacific regions.

Tennant

Market Cap: US$1.4b

Designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Curaleaf Holdings

Market Cap: US$2.9b

Produces and distributes cannabis products in the United States and internationally.

Sangoma Technologies

Market Cap: US$229.3m

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

Capital Bancorp

Market Cap: US$470.5m

Operates as the bank holding company for Capital Bank, N.A.

Sabio Holdings

Market Cap: CA$15.7m

Operates as a technology provider in the advertising areas of connected TV (CTV) and over-the-top (OTT) streaming in the United States and the United Kingdom.

q.beyond

Market Cap: €87.2m

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

Hafnia

Market Cap: US$26.7b

Owns and operates oil product tankers in Bermuda.

Public Storage

Market Cap: US$45.9b

A member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities.

C&A Modas

Market Cap: R$3.8b

Operates as a fashion retailer for women, men, and children in Brazil and internationally.

ACI Worldwide

Market Cap: US$5.0b

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

Barrett Business Services

Market Cap: US$928.6m

Provides business management solutions for small and mid-sized companies in the United States.