Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Copa Holdings

Market Cap: €4.5b

Through its subsidiaries, provides airline passenger, and cargo and mail transportation services in North America, South America, Central America, and the Caribbean.

Forbo Holding

Market Cap: CHF 984.8m

Engages in the production and sell of floor coverings, building and construction adhesives, and belt for power transmission and conveyor technology worldwide.

CEWE Stiftung KGaA

Market Cap: €652.2m

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

Perrigo

Market Cap: €1.3b

Provides over-the-counter health and wellness solutions in the United States, Europe, and internationally.

Amphastar Pharmaceuticals

Market Cap: US$884.7m

A bio-pharmaceutical company, develops, manufactures, markets, and sells generic and proprietary injectable, inhalation, and intranasal products in the United States, China, and France.

Bonheur

Market Cap: NOK 9.7b

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

Duell Oyj

Market Cap: €11.7m

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

Hellenic Telecommunications Organization

Market Cap: €6.7b

Engages in the provision of telecommunications and related services to residential and businesses in Greece and Romania.

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.

Gecina

Market Cap: €5.0b

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.

Embla Medical hf

Market Cap: DKK 11.5b

Provides non-invasive orthopedic products in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

Oracle Corporation Japan

Market Cap: €1.2t

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

Lithia Motors

Market Cap: €5.7b

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

Talgo

Market Cap: €367.1m

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

Gap

Market Cap: US$8.9b

Operates as an apparel retail company in the United States, Canada, Japan, Taiwan, and internationally.

Sabre

Market Cap: €521.6m

Operates as a software and technology company for the travel industry in the United States, Europe, Asia-Pacific, and internationally.

Lundin Mining

Market Cap: US$25.2b

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

Luckin Coffee

Market Cap: US$10.5b

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

Standard Chartered

Market Cap: €33.8b

Provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas.

ACI Worldwide

Market Cap: US$4.0b

Develops, markets, installs, and supports software products and services for facilitating electronic payments in the United States and worldwide.

Sabio Holdings

Market Cap: CA$12.7m

Operates as a technology provider in the advertising areas of connected TV (CTV) and over-the-top (OTT) streaming in the United States and the United Kingdom.

Grupa Pracuj

Market Cap: €2.7b

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

First Bank

Market Cap: €388.4m

Provides various banking products and services to small and mid-sized businesses and individuals.

Esprinet

Market Cap: €224.0m

Engages in the wholesale distribution of information technology (IT) products and consumer electronics in Italy, Spain, Portugal, and rest of Europe.

Asbury Automotive Group

Market Cap: US$3.6b

Operates as an automotive retailer in the United States.

TravelSky Technology

Market Cap: US$30.7b

Provides information technology (IT) solutions for the aviation and travel industries in the People’s Republic of China.

A.G. BARR

Market Cap: UK£694.4m

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

Qiagen

Market Cap: US$8.2b

Provides sample to insight solutions that transform biological samples into molecular insights worldwide.

Altea Green Power

Market Cap: €118.2m

Supplies and manages renewable energy plants in Italy and the United States.

LKQ

Market Cap: US$7.2b

Engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories.

Grafton Group

Market Cap: €1.7b

Distributes and sells building materials and construction related products in Ireland, the United Kingdom, Ireland, the Netherlands, Finland, and Spain.

Royal Unibrew

Market Cap: DKK 25.9b

Provides beverages in Denmark, Germany, Norway, Sweden, Italy, the Netherlands, France, Finland, Lithuania, Latvia, Estonia, Belgium, Luxembourg, and internationally.

Silgan Holdings

Market Cap: US$4.0b

Manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally.

Sanofi

Market Cap: €93.9b

Engages in the research, development, manufacture, and marketing of therapeutic solutions.

FRP Advisory Group

Market Cap: UK£257.3m

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