Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

CapitaLand Malaysia Trust

Market Cap: RM 2.1b

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

KH Neochem

Market Cap: JP¥100.4b

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

Aeon (M) Bhd

Market Cap: RM 1.8b

Operates and manages a retail chain of departmental stores and supermarkets in Malaysia.

Indofood Sukses Makmur

Market Cap: €66.3t

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

Carlsberg

Market Cap: US$108.2b

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

Corebridge Financial

Market Cap: €18.0b

Provides retirement solutions and insurance products in the United States.

Stingray Group

Market Cap: €690.8m

Operates as a music, media, and technology company in Canada, the United States, and internationally.

Persimmon

Market Cap: UK£3.5b

Operates as a house builder in the United Kingdom.

Asahi Group Holdings

Market Cap: €2.7t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Casta Diva Group

Market Cap: €12.5m

Operates as a communication company in Italy and internationally.

Robert Walters

Market Cap: €92.4m

Provides professional recruitment consultancy services worldwide.

McBride

Market Cap: €186.2m

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, Asia-Pacific, and internationally.It operates through five segments: Liquids, Powders, Unit dosing, Aerosols, and Asia Pacific.

PORR

Market Cap: €1.1b

Operates as a construction company in Austria, Germany, Poland, the Czech Republic, Italy, Romania, Switzerland, Serbia, Great Britain, Slovakia, Norway, Belgium, and internationally.

Huhtamäki Oyj

Market Cap: €3.2b

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

Premier Foods

Market Cap: UK£1.6b

Manufactures, distributes, and sells branded and own label food products in the United Kingdom, other European countries, and internationally.

Luceco

Market Cap: €193.7m

Manufactures and distributes wiring accessories, LED lighting, and portable power products in the United Kingdom, the Americas, Europe, the Middle East, Africa, the Asia Pacific.

DOF Group

Market Cap: €23.9b

Owns and operates a fleet of offshore and subsea vessels.

Cosmo Pharmaceuticals

Market Cap: CHF 1.1b

Focuses on the development and commercialization products for gastroenterology, dermatology, and healthtech worldwide.

Intrum

Market Cap: €6.1b

Provides payment solutions, and credit and collection services in Europe and internationally.

Rainbow Tours

Market Cap: €2.0b

Operates as a tour operator in Poland, the Czech Republic, Greece, Spain, Turkey, Slovakia, Lithuania, and internationally.

Polar Capital Holdings

Market Cap: €436.2m

Polar Capital Holdings plc is a publicly owned investment manager.

TotalEnergies

Market Cap: €113.6b

A multi-energy company, produces and markets oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables, and electricity in France, rest of Europe, and internationally.

CEWE Stiftung KGaA

Market Cap: €677.7m

Operates as a photo service and online printing provider in Germany and internationally.

China Mengniu Dairy

Market Cap: €59.2b

An investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People’s Republic of China and internationally.

Mattel

Market Cap: €5.7b

A toy and family entertainment company, designs, manufactures, and markets toys and consumer products in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

Havas

Market Cap: €1.5b

Provides communications and marketing services in France, the United Kingdom, rest of Europe, North America, Latin America, the Asia-Pacific, and Africa.

Bertrandt

Market Cap: €183.3m

Provides engineering services.

Beazley

Market Cap: €4.9b

Provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally.

74Software

Market Cap: €1.1b

Operates as a software company in France.

Arnoldo Mondadori Editore

Market Cap: €551.6m

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

PLDT

Market Cap: US$240.5b

Provides telecommunications and digital services in the Philippines.

Transcontinental

Market Cap: €1.7b

Engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, and internationally.

Grand Pharmaceutical Group

Market Cap: €31.3b

An investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical preparations and medical devices, biotechnology and healthcare products, and pharmaceutical raw materials.

MONY Group

Market Cap: UK£1.1b

Engages in the provision of price comparison and lead generation services through its websites and applications in the United Kingdom.

GFT Technologies

Market Cap: €434.2m

Provides digital transformation services.