Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Guangdong Haid Group

Market Cap: CN¥80.2b

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

Acrow

Market Cap: AU$308.4m

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

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥14.7b

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

Anhui Conch Cement

Market Cap: CN¥111.0b

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

Fosun International

Market Cap: HK$33.3b

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

NSL Foods

Market Cap: ฿6.6b

Engages in the manufacture and distribution of bakery and snack products in Thailand.

Xtep International Holdings

Market Cap: HK$12.4b

Designs, develops, manufactures, markets, and sells sports footwear, apparel, and accessories for adults and children in Mainland China.

Beijing New Building Materials

Market Cap: CN¥43.5b

Manufactures and sells building materials in China.

Xiamen C&D

Market Cap: CN¥25.5b

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

Lucky Harvest

Market Cap: CN¥8.2b

Engages in the research, development, production, and sale of precision stamping dies and structural metal parts in China.

Sichuan Baicha Baidao Industrial

Market Cap: HK$8.7b

An investment holding company, provides tea drink products in the People’s Republic of China.

Aeris Resources

Market Cap: AU$443.0m

Explores, produces, and sells precious metals in Australia.

GWA Group

Market Cap: AU$537.7m

Research, designs, manufactures, imports, and markets building fixtures and fittings to residential and commercial premises in Australia, New Zealand, the United Kingdom, and internationally.

Aluminum Corporation of China

Market Cap: HK$231.7b

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

ARN Media

Market Cap: AU$84.5m

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

Industrial Bank

Market Cap: CN¥389.8b

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.

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.

Ingenia Communities Group

Market Cap: AU$1.7b

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

Aurelia Metals

Market Cap: AU$457.2m

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

Metcash

Market Cap: AU$3.2b

Operates as a wholesale distribution and marketing company in Australia.

Oceania Healthcare

Market Cap: AU$521.4m

Owns and operates retirement villages and care centres in New Zealand.

Stanmore Resources

Market Cap: AU$2.0b

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

C&D International Investment Group

Market Cap: HK$33.0b

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.

China Resources Land

Market Cap: HK$227.6b

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

Shenzhen YHLO Biotech

Market Cap: CN¥8.1b

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

American Integrity Insurance Group

Market Cap: €377.1m

Operates as an insurance company in the United States.

ARYZTA

Market Cap: CHF 1.5b

Provides products and services for in-store bakery solutions in Europe and internationally.

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.

TravelSky Technology

Market Cap: US$29.5b

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

Atalaya Mining Copper

Market Cap: €1.2b

Engages in the mineral exploration and development in Spain.

SergeFerrari Group

Market Cap: €78.6m

Designs, develops, manufactures, and markets composite materials for lightweight architectural and outdoor applications in France and internationally.

ProCredit Holding

Market Cap: €514.2m

Provides commercial banking products and services for small and medium enterprises and private clients in Europe, South America, and Germany.

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.

Addus HomeCare

Market Cap: US$1.7b

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