Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Capgemini

Market Cap: €19.4b

Provides consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

Highwood Asset Management

Market Cap: CA$65.2m

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

Quanex Building Products

Market Cap: US$978.0m

Manufactures and distributes components for original equipment manufacturers (OEM) in the building products industry in the United States, Europe, Canada, Asia, and internationally.

Merck KGaA

Market Cap: US$52.8b

Operates as a science and technology company in Germany and internationally.

Infinity Natural Resources

Market Cap: US$1.1b

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.

McBride

Market Cap: €280.1m

Manufactures and sells private label household and personal care products to retailers and brand owners in the United Kingdom, Germany, France, Italy, Spain, rest of Europe, the Asia-Pacific, and internationally.

Barrett Business Services

Market Cap: US$969.9m

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

Genpact

Market Cap: €6.9b

Provides business process outsourcing and information technology services in India, rest of Asia, North and Latin America, and Europe.

ANTA Sports Products

Market Cap: €225.3b

Engages in the research, design, development, manufacture, market, and sale of professional sports footwear, apparel, and accessories in China and internationally.

Hikma Pharmaceuticals

Market Cap: €3.4b

Develops, manufactures, markets, and sells a range of generic, branded, and in-licensed pharmaceutical products.

High Tide

Market Cap: US$282.8m

Engages in the cannabis retail business in Canada, the United States, and internationally.

KBR

Market Cap: US$5.5b

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

Rithm Capital

Market Cap: US$6.0b

Operates as an asset manager focused on real estate, credit, and financial services in the United States.

Pepper Money

Market Cap: €782.3m

Operates as a non-bank lender in the mortgage and asset finance markets in Australia and New Zealand.

CVS Health

Market Cap: US$99.5b

Provides health solutions in the United States.

GEO Group

Market Cap: €2.2b

The GEO Group, Inc. (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom.

Cardlytics

Market Cap: US$49.0m

Operates an advertising platform in the United States and the United Kingdom.

Arnoldo Mondadori Editore

Market Cap: €546.4m

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

Pegasystems

Market Cap: €6.8b

Develops, markets, licenses, hosts, and supports enterprise software in the United States, rest of the Americas, the United Kingdom, rest of Europe, the Middle East, Africa, and the Asia-Pacific.

Sangoma Technologies

Market Cap: US$211.9m

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

Intertek Group

Market Cap: US$6.9b

Provides quality assurance solutions to various industries in the United Kingdom, the United States, China, Australia, and internationally.

JOYY

Market Cap: US$3.2b

Engages in the provision of social product matrix and communication technology.

NetEase

Market Cap: US$596.5b

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.

Middle East Healthcare

Market Cap: ر.س3.1b

A healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Middle East and North Africa.

China Mobile

Market Cap: HK$1.8t

Provides telecommunications and information related services in Mainland China and Hong Kong.

Adairs

Market Cap: AU$315.7m

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

China Railway Group

Market Cap: CN¥128.9b

Operates as a multi-functional integrated construction company in Mainland China and internationally.

Horizon Construction Development

Market Cap: HK$3.2b

Operates as an investment holding company that provides equipment operation services in the People's Republic of China.

China Tower

Market Cap: HK$189.7b

Provides telecommunication tower infrastructure services in the People's Republic of China.

Shanghai Zhonggu Logistics

Market Cap: CN¥21.6b

Provides container shipping services in China.

Acrow

Market Cap: AU$308.4m

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

Aurelia Metals

Market Cap: AU$499.3m

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

Fosun International

Market Cap: HK$32.3b

Operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally.

Aeris Resources

Market Cap: AU$568.9m

Explores, produces, and sells precious metals in Australia.

Sichuan Baicha Baidao Industrial

Market Cap: HK$10.0b

An investment holding company, provides tea drink products in the People’s Republic of China.