Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Carrefour

Market Cap: €12.6b

Engages in the operation of stores that offer food and non-food products in various formats and channels in France, Spain, Italy, Belgium, Poland, Romania, Brazil, and Argentina, as well as in the Middle East, Africa, and Asia.

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.

Apeloa PharmaceuticalLtd

Market Cap: CN¥17.5b

Provides raw materials and intermediates to various pharmaceutical factories in the People’s Republic of China and internationally.

Adaro Minerals Indonesia

Market Cap: Rp36.8t

Engages in metallurgical coal mining business in Indonesia.

Tong Yang Life Insurance

Market Cap: ₩807.8b

Engages in the life insurance business in South Korea.

China Resources Land

Market Cap: HK$183.3b

An investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China.

DFI Retail Group Holdings

Market Cap: US$3.0b

Operates as a retailer in Asia.

Security Bank

Market Cap: ₱53.9b

Provides banking and financial products and services to wholesale and retail clients in the Philippines.

CNGR Advanced MaterialLtd

Market Cap: CN¥33.9b

Engages in the research, development, processing, production, and sale of lithium battery cathode material precursors and new energy recycling materials in the fields of new materials and energy.

Bank CIMB Niaga

Market Cap: Rp41.2t

Provides various banking products and services in Indonesia and internationally.

Summerset Group Holdings

Market Cap: AU$2.7b

Develops, owns, and operates integrated retirement villages in New Zealand and Australia.

Ningbo Orient Wires & CablesLtd

Market Cap: CN¥34.9b

Provides land and subsea cable solutions in China and internationally.

CLIO CosmeticsLtd

Market Cap: ₩361.9b

Provides makeup products in South Korea and internationally.

WemadeLtd

Market Cap: ₩1.0t

Develops and publishes games in South Korea and internationally.

Adairs

Market Cap: AU$390.4m

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

KH Neochem

Market Cap: JP¥94.9b

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

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥40.2b

Manufactures and sells power distribution and utilization systems in China and internationally.

Srisawad Corporation

Market Cap: ฿44.6b

Provides financial services in Thailand and internationally.

JNBY Design

Market Cap: HK$7.7b

Engages in the design, marketing, retail, and sale of fashion apparels, accessory products, and household goods in the People’s Republic of China and internationally.

China Everbright Environment Group

Market Cap: HK$21.1b

An investment holding company, provides environmental solutions worldwide.

Huaxin Cement

Market Cap: CN¥23.7b

Manufactures and sells cement in China and internationally.

Beijing New Building Materials

Market Cap: CN¥51.1b

Manufactures and sells building materials in China and internationally.

Canara Bank

Market Cap: ₹794.0b

Provides various banking products and services in India and internationally.

Indorama Ventures

Market Cap: ฿119.0b

Engages in the manufacture and distribution of petrochemical products in Thailand and internationally.

Beijing Urban Construction Investment & Development

Market Cap: CN¥10.0b

Beijing Urban Construction Investment & Development Co., Ltd.

Innocean Worldwide

Market Cap: ₩745.2b

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

Fujian Funeng

Market Cap: CN¥25.5b

Engages in the production and sale of electricity and heat in China.

Cheil Worldwide

Market Cap: ₩1.8t

Provides various marketing solutions worldwide.

Shenzhen YHLO Biotech

Market Cap: CN¥9.5b

Researches, develops, produces, sells, and services in vitro diagnostic instruments and reagents in China and internationally.

ATI

Market Cap: US$7.4b

Produces and sells specialty materials and complex components worldwide.

Preferred Bank

Market Cap: US$1.1b

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

Alta Equipment Group

Market Cap: US$175.1m

Owns and operates integrated equipment dealership platforms in the United States and Canada.

Enovis

Market Cap: €2.2b

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

BWG

Market Cap: NOK 18.4b

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

Amneal Pharmaceuticals

Market Cap: €2.8b

A global biopharmaceutical company, develops, manufactures, markets, and distributes generics, injectables, biosimilars, and specialty branded pharmaceutical products worldwide.