Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥12.4b

Operates as contract development and manufacturing organization (CDMO) company in China and internationally.

Guangdong Haid Group

Market Cap: CN¥77.1b

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

Ganyuan Foods

Market Cap: CN¥4.6b

Engages in the research and development, production, and sales of snack foods in China.

ARN Media

Market Cap: AU$76.7m

Operates as a media and entertainment company in Australia and Hong Kong.

Beijing New Building Materials

Market Cap: CN¥42.2b

Manufactures and sells building materials in China.

China Resources Land

Market Cap: HK$223.8b

An investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China.

Industrial Bank

Market Cap: CN¥384.5b

Provides banking products and services in the People’s Republic of China.

Hansen Technologies

Market Cap: AU$1.0b

Engages in the development, integration, and support of billing and customer information systems.

Morimatsu International Holdings

Market Cap: HK$8.2b

Designs, manufactures, installs, operates, and maintains core equipment, process systems, and solutions primarily for chemical reactions, biological reactions, and polymerization.

Xiamen C&D

Market Cap: CN¥26.1b

Engages in the supply chain and real estate development businesses in China and internationally.

Stanmore Resources

Market Cap: AU$2.0b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

Shenzhen YHLO Biotech

Market Cap: CN¥7.9b

Researches, develops, produces, sells, and services in vitro diagnostic instruments and reagents in China and internationally.

Acrow

Market Cap: AU$296.0m

Provides smart integrated construction systems across formwork, industrial services, and commercial scaffolding in Australia.

Trajan Group Holdings

Market Cap: AU$58.0m

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.

KMD Brands

Market Cap: AU$89.8m

Designs, markets, wholesales, and retails apparel, footwear, and equipment for surfing and the outdoors under the Kathmandu, Rip Curl, and Oboz brand names.

Aurelia Metals

Market Cap: AU$448.8m

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

Aeris Resources

Market Cap: AU$466.9m

Explores, produces, and sells precious metals in Australia.

Ingenia Communities Group

Market Cap: AU$1.6b

A leading operator, owner and developer of communities offering quality affordable rental and holiday accommodation focused on the growing seniors’ market in Australia.

Anhui Conch Cement

Market Cap: CN¥107.1b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

China Hongqiao Group

Market Cap: HK$347.7b

An investment holding company, manufactures and sells aluminum products.

Aluminum Corporation of China

Market Cap: HK$228.3b

Primarily engages in the exploration and mining of bauxite, coal, and other resources in the People's Republic of China and internationally.

C&D International Investment Group

Market Cap: HK$31.8b

An investment holding company, engages in the property development, real estate industry chain investment services, and industry investment activities in the People’s Republic of China.

Genscript Biotech

Market Cap: HK$29.8b

An investment holding company, engages in the manufacture and sale of life science research products and services in the United States of America, Europe, Mainland China, Europe, Asia Pacific, and internationally.

Fosun International

Market Cap: HK$32.8b

Operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally.

Metcash

Market Cap: AU$3.1b

Operates as a wholesale distribution and marketing company in Australia.

Asahi Group Holdings

Market Cap: €2.2t

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

Royal Caribbean Cruises

Market Cap: €71.3b

Operates as a cruise company worldwide.

PTC

Market Cap: US$16.3b

Operates as software company in the Americas, Europe, and the Asia Pacific.

Hoenle

Market Cap: €54.1m

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

Fresenius SE KGaA

Market Cap: €22.7b

A health care company, provides products and services for chronically ill patients in North America, Europe, the Asia-Pacific, Latin America, and Africa.

Abercrombie & Fitch

Market Cap: US$3.9b

Through its subsidiaries, operates as an omnichannel retailer in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Yalla Group

Market Cap: US$1.0b

Operates a social networking and gaming platform in the Middle East and North Africa region.

Angel Oak Mortgage REIT

Market Cap: US$226.7m

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.

Slide Insurance Holdings

Market Cap: US$2.3b

Provides property and casualty insurance services in the United States.

Tongcheng Travel Holdings

Market Cap: €40.7b

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