Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Summerset Group Holdings

Market Cap: AU$2.3b

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

High Tide

Market Cap: CA$282.2m

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

Man Wah Holdings

Market Cap: €16.9b

An investment holding company, engages in the manufacture and distribution of sofas and ancillary products in the People's Republic of China, Europe, Vietnam, Mexico, and internationally.

Grupa Pracuj

Market Cap: €2.6b

Operates HR technology platform in Poland, Ukraine, and Germany.

Sword Group

Market Cap: €288.6m

Provides IT and software solutions.

Piraeus Bank

Market Cap: €8.5b

Provides various banking products and services in Greece, Europe, and internationally.

Angel Oak Mortgage REIT

Market Cap: US$207.0m

A real estate finance company, focuses on acquiring and investing in first lien nonqualified mortgage loans and other mortgage-related assets in the United States mortgage market.

Oracle Corporation Japan

Market Cap: €1.1t

Provides software, hardware, and cloud products and solutions in Japan.

Oshkosh

Market Cap: US$9.3b

Provides purpose-built vehicles and equipment worldwide.

Brunswick

Market Cap: US$4.8b

Designs, manufactures, and markets recreation products in the United States, Europe, the Asia-Pacific, Canada, and internationally.

Bonheur

Market Cap: NOK 9.9b

Engages in the renewable energy, wind service, and cruise businesses in the United Kingdom, Norway, Europe, Asia, the Americas, Africa, and Internationally.

Champion Iron

Market Cap: US$2.8b

Engages in the acquisition, exploration, development, and production of iron ore properties in Canada.

Banco Latinoamericano de Comercio Exterior S. A

Market Cap: US$1.8b

Banco Latinoamericano de Comercio Exterior, S.

Robert Walters

Market Cap: UK£55.0m

Provides professional recruitment consultancy services worldwide.

Urban Outfitters

Market Cap: US$5.5b

Offers lifestyle products and services.

Infotel

Market Cap: €240.0m

Designs, develops, markets, and maintains software solutions in the areas of security, performance, and management in France, rest of Europe, and the United States.

A.G. BARR

Market Cap: UK£694.4m

Manufactures, distributes, and sells soft drinks and cocktail solutions in the United Kingdom and internationally.

Elixirr International

Market Cap: €291.3m

Through its subsidiaries, provides management consultancy services in the United Kingdom, the United States, and internationally.

Autoliv

Market Cap: €7.9b

Through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in the Americas, Europe, China, and Asia.

Business First Bancshares

Market Cap: US$876.0m

Operates as the bank holding company for b1BANK that provides various banking products and services in Louisiana and Texas.

Gecina

Market Cap: €4.9b

A leading operator that fully integrates all real estate expertise, owning, managing, and developing a unique prime portfolio valued at 17.6bn euros as at December 31, 2025.

Lundin Mining

Market Cap: US$28.5b

A diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, Brazil, and Argentina.

High Tide

Market Cap: US$282.2m

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

Asahi Group Holdings

Market Cap: €2.3t

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

Aegean Airlines

Market Cap: €1.1b

Operates as an airline company that engages in the provision of public airline transportation services in Greece and internationally.

Luckin Coffee

Market Cap: US$10.8b

Offers retail services of freshly brewed drinks, and pre-made food and beverage items in the People's Republic of China.

Transcontinental

Market Cap: €457.9m

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

Safran

Market Cap: €117.0b

Engages in the aerospace and defense businesses in France, rest of Europe, the Americas, the Asia-Pacific, Africa, and the Middle East.

Lundin Mining

Market Cap: SEK 28.5b

A diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, Brazil, and Argentina.

Middleby

Market Cap: US$6.5b

Designs, manufactures, markets, distributes, and services of commercial restaurant and food processing equipment worldwide.

Cabka

Market Cap: €44.5m

Manufactures and sells pallets and large containers made from recycled plastic in Europe, North America, and internationally.

Indofood Sukses Makmur

Market Cap: €53.3t

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

Bidvest Group

Market Cap: €77.6b

An investment holding company, engages in services, trading, and distribution businesses in South Africa and internationally.

Duell Oyj

Market Cap: €11.2m

Engages in the wholesale, import, and distribution of powersports aftermarket products in Finland, Central Europe, and the Nordic countries.

Hoenle

Market Cap: €51.2m

Develops, manufactures, and distributes industrial UV technologies and systems in Germany and internationally.