Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Innocean Worldwide

Market Cap: ₩750.0b

Provides marketing and communications services in the Americas, Europe, Asia, Oceania, the Middle East, and internationally.

Hoa Phat Group

Market Cap: ₫205.3t

Produces and sells steel products in Vietnam.

Trajan Group Holdings

Market Cap: AU$100.7m

Develops, manufactures, and sells analytical and life science products and devices in Malaysia, Japan, Australia, New Zealand, the United States, Europe, the Middle East, Africa, and India.

Guangdong Haid Group

Market Cap: CN¥84.6b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

Aurelia Metals

Market Cap: AU$575.5m

Engages in the exploration and production of mineral properties in Australia.

Chongqing Baiya Sanitary Products

Market Cap: CN¥9.6b

Chongqing Baiya Sanitary Products Co., Ltd.

Summerset Group Holdings

Market Cap: AU$2.9b

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

Middle East Healthcare

Market Cap: ر.س3.3b

A healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Middle East and North Africa.

Grupa Pracuj

Market Cap: zł3.4b

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

United Bank for Africa

Market Cap: ₦1.9t

Primarily provides corporate, commercial, and retail banking services in Nigeria, rest of Africa, and internationally.

Gamma Communications

Market Cap: UK£846.9m

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

Sword Group

Market Cap: €343.9m

Provides IT and software solutions.

FRP Advisory Group

Market Cap: UK£322.5m

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

Allstate

Market Cap: €51.1b

Provides property and casualty, and other insurance products in the United States and Canada.

Gecina

Market Cap: €5.7b

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.

NetApp

Market Cap: €19.7b

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.

Inseego

Market Cap: US$185.6m

Engages in the design and development of cloud-managed wireless wide area network (WAN) and intelligent edge solutions for businesses, consumers, and governments in the United Stated, Europe, and internationally.

Ventura Offshore Holding

Market Cap: NOK 2.3b

A deep-water drilling contractor, provides offshore drilling services to the oil and gas industry in Brazil and internationally.

Cabka

Market Cap: €41.1m

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

EOG Resources

Market Cap: €57.7b

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.

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.

Altea Green Power

Market Cap: €152.8m

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

DaVita

Market Cap: €7.7b

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

ICG

Market Cap: UK£5.5b

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

Kaufman & Broad

Market Cap: €578.6m

Operates as a property developer and builder in France.

Sanofi

Market Cap: €95.9b

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

American Integrity Insurance Group

Market Cap: €375.5m

Operates as an insurance company.

Carnival Corporation &

Market Cap: €37.4b

A cruise company, provides leisure travel services in North America, Australia, Europe, and internationally.

TAKKT

Market Cap: €239.1m

Operates as a B2B direct marketing company for business equipment in Europe and North America.

MONY Group

Market Cap: UK£990.9m

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

MERLIN Properties SOCIMI

Market Cap: €7.0b

MERLIN Properties SOCIMI, S.A. (MC:MRL) is the largest real estate and infrastructure company trading on the Spanish Stock Exchange.

Blue Bird

Market Cap: US$1.6b

Designs, engineers, manufactures, and sells school buses in the United States, Canada, and internationally.

Cardlytics

Market Cap: US$64.9m

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

Arnoldo Mondadori Editore

Market Cap: €547.7m

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

Hafnia

Market Cap: US$28.3b

Owns and operates oil product tankers in Bermuda.