Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

NetApp

Market Cap: €19.3b

Provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

Capgemini

Market Cap: €20.6b

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.

Hollywood Bowl Group

Market Cap: UK£432.1m

Operates ten-pin bowling and mini-golf centers in the United Kingdom and Canada.

Housing and Development Bank- Egypt (S.A.E)

Market Cap: ج.م52.3b

Together with its, provides corporate and retail banking services in Egypt.

FRP Advisory Group

Market Cap: UK£325.0m

Provides business advisory services to companies, lenders, investors, individuals, and other stakeholders in the United Kingdom.

Pearson

Market Cap: €5.7b

Provides educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally.

q.beyond

Market Cap: €102.7m

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

Cabka

Market Cap: €41.5m

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

MONY Group

Market Cap: UK£941.1m

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

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.

Carmila

Market Cap: €2.3b

As the third-largest listed owner of commercial property in Europe, Carmila was founded by Carrefour and large institutional investors in order to enhance the value of shopping centres adjoining Carrefour hypermarkets in France, Spain and Italy.

Prosegur Cash

Market Cap: €937.6m

Provides integrated cash cycle management solutions and automating payments in retail establishments and ATM management for financial institutions, retail establishments, business, government agencies, central banks, mints, and jewellery stores in Europe, LATAM, and internationally.

On the Beach Group

Market Cap: €312.3m

Operates as an online retailer of short haul beach holidays under the On the Beach brand name in the United Kingdom.

Havas

Market Cap: €1.6b

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

Lithia Motors

Market Cap: €7.9b

Operates as an automotive retailer in the United States, the United Kingdom, and Canada.

Global Dominion Access

Market Cap: €511.4m

Provides integral services for business process efficiency and sustainability worldwide.

ICG

Market Cap: UK£4.7b

A private equity firm specializing in direct and fund of fund investments.

Talgo

Market Cap: €389.1m

Engages in design, manufacture, and maintenance of railway and auxiliary machinery for the maintenance of railway systems rolling stock worldwide.

EOG Resources

Market Cap: €58.8b

Explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in producing basins in the United States, the Republic of Trinidad and Tobago, and internationally.

q.beyond

Market Cap: €102.7m

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

DaVita

Market Cap: €7.6b

Provides kidney dialysis services for patients suffering from chronic kidney failure in the United States.

CellaVision

Market Cap: SEK 3.4b

Develops and sells instruments, software, and reagents for blood and body fluids analysis in Sweden and internationally.

Maisons du Monde

Market Cap: €63.2m

Through its subsidiaries, provides home and living room related products in France and internationally.

Gamma Communications

Market Cap: UK£844.2m

Provides technology-based communications and software services to small, medium, and large-sized organizations in the United Kingdom, rest of Europe, and internationally.

Gecina

Market Cap: €5.8b

A leading operator, that fully integrates all real estate expertise, owning, managing, and developing a unique prime portfolio valued at €17.0bn as at June 30, 2025.

Grupa Pracuj

Market Cap: zł3.2b

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

GFT Technologies

Market Cap: €519.1m

Provides digital transformation services.

Humana

Market Cap: €22.5b

Provides medical and specialty insurance products in the United States.

Semapa - Sociedade de Investimento e Gestão SGPS

Market Cap: €1.8b

Through its subsidiaries, produces and sells pulp, printing and writing papers, and tissues in Portugal, the rest of Europe, the United States, Africa, Asia, and Oceania.

Wesdome Gold Mines

Market Cap: €3.3b

Wesdome Gold Mines Ltd. mines, develops, and explores for gold and silver deposits in Canada.

American Integrity Insurance Group

Market Cap: €372.0m

Operates as an insurance company.

Cardlytics

Market Cap: US$50.9m

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

CSL

Market Cap: US$85.9b

Engages in the research, development, manufacture, market, and distribution of biopharmaceutical products and vaccines in Australia, the United States, Germany, the United Kingdom, Switzerland, China, Hong Kong, and internationally.

CDW

Market Cap: €16.5b

Provides information technology (IT) solutions in the United States, the United Kingdom, and Canada.

Iochpe-Maxion

Market Cap: R$1.6b

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