Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Hollywood Bowl Group

Market Cap: UK£426.3m

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

Hoenle

Market Cap: €55.6m

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

Green Thumb Industries

Market Cap: €2.0b

Manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States.

Brinker International

Market Cap: €6.2b

Owns, develops, operates, and franchises casual dining restaurants in the United States and internationally.

LKQ

Market Cap: US$8.4b

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.

McBride

Market Cap: €272.4m

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.

Travere Therapeutics

Market Cap: US$2.7b

A biopharmaceutical company, identifies, develops, and delivers therapies to people living with rare kidney and metabolic diseases in the United States.

Bertrandt

Market Cap: €181.9m

Provides engineering services.

Curaleaf Holdings

Market Cap: US$2.3b

Engages in the retail and wholesale of cannabis products in the United States and internationally.

Hanmi Financial

Market Cap: US$781.9m

Operates as the holding company for Hanmi Bank that provides business banking products and services in the United States.

Enovis

Market Cap: US$1.5b

A medical technology company, focuses on developing clinically differentiated solutions in the United States and internationally.

GFT Technologies

Market Cap: €395.4m

Provides digital transformation services.

Rede D'Or São Luiz

Market Cap: R$87.6b

Engages in the provision of hospital services in Brazil.

Addus HomeCare

Market Cap: US$1.9b

Provides personal care services to elderly, chronically ill, disabled persons, and individuals who are at risk of hospitalization or institutionalization in the United States.

American Integrity Insurance Group

Market Cap: €414.3m

Operates as an insurance company.

q.beyond

Market Cap: €98.4m

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

Asahi Group Holdings

Market Cap: €2.4t

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

Enovis

Market Cap: €1.5b

A medical technology company, focuses on developing clinically differentiated solutions in the United States and internationally.

AAC Technologies Holdings

Market Cap: €37.9b

An investment holding company, provides sensory experience solutions in Greater China, the United States, Europe, Other Asian countries, and internationally.

Myer Holdings

Market Cap: €597.1m

Operates department stores in Australia and New Zealand.

TF1

Market Cap: €1.5b

Operates as a media and entertainment company, primarily engages in television broadcasting, content creation, and distribution of audiovisual rights in France, Continental Europe, and internationally.

Flowco Holdings

Market Cap: US$2.1b

Through its subsidiaries, provides production optimization, artificial lift, and emissions management and monetization solutions for the oil and natural gas industry in the United States.

Resolute Mining

Market Cap: US$3.5b

Engages in mining, prospecting, and exploration of mineral properties in Africa.

TravelSky Technology

Market Cap: US$29.9b

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

Highwood Asset Management

Market Cap: CA$67.4m

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

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.

Cooper-Standard Holdings

Market Cap: €661.4m

Through its subsidiary, manufactures sealing systems and fluid handling systems in the North America, Europe, the Asia Pacific, and the South America.

Barrett Business Services

Market Cap: US$702.7m

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

Geely Automobile Holdings

Market Cap: US$166.5b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

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.

FirstSun Capital Bancorp

Market Cap: US$1.0b

Operates as the bank holding company for Sunflower Bank, National Association that provides commercial and consumer banking and financial services to small and medium-sized companies in Texas, Kansas, Colorado, New Mexico, Arizona, California, and Washington.

Quanex Building Products

Market Cap: US$933.9m

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

Angel Oak Mortgage REIT

Market Cap: US$217.0m

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

Red Rock Resorts

Market Cap: US$6.1b

Through its interest in Station Casinos LLC, develops and manages casino and entertainment properties in the United States.

Tongcheng Travel Holdings

Market Cap: €44.4b

An investment holding company, provides travel related services in the People’s Republic of China.