Global Potentially Undervalued Companies

Carrefour

Market Cap: €12.6b

Operates as a food retailer in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, the Middle East, Africa, and Asia.

China Foods

Market Cap: HK$7.8b

An investment holding company, manufactures, distributes, markets, and sells Coca-Cola series products in the People’s Republic of China.

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

PLDT

Market Cap: US$276.6b

Provides telecommunications and digital services in the Philippines.

Anhui Conch Cement

Market Cap: US$134.0b

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

Trajan Group Holdings

Market Cap: AU$115.0m

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

Bayerische Motoren Werke

Market Cap: US$43.5b

Develops, manufactures, and sells automobiles and motorcycles, spare parts, and accessories worldwide.

ACM Research

Market Cap: US$1.2b

Develops, manufactures, and sells capital equipment worldwide.

Fidelity National Financial

Market Cap: €16.4b

Provides various insurance products in the United States.

China Tower

Market Cap: €191.2b

Provides telecommunication tower infrastructure services in the People's Republic of China.

United Natural Foods

Market Cap: €1.5b

Distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada.

M.P. Evans Group

Market Cap: €513.0m

Through its subsidiaries, engages in the ownership and development of oil palm plantations in Indonesia and Malaysia.

Indivior

Market Cap: €859.0m

Develops, manufactures, and sells buprenorphine-based prescription drugs for the treatment of opioid dependence and related disorders in the United States, Europe, Canada, Australia, and internationally.

Otsuka Holdings

Market Cap: €3.5t

Engages in the pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide.

Grand Pharmaceutical Group

Market Cap: €19.5b

An investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical preparations and medical devices, biotechnology and healthcare products, and pharmaceutical raw materials.

Keppel

Market Cap: €11.3b

An investment holding company, engages in the infrastructure, real estate, and connectivity business.

Hikma Pharmaceuticals

Market Cap: €4.2b

Develops, manufactures, markets, and sells a range of generic, branded, and in-licensed pharmaceutical products.

GFT Technologies

Market Cap: €579.2m

Provides digital transformation services.

Lenovo Group

Market Cap: €100.2b

An investment holding company, develops, manufactures, and markets technology products and services.

Hammond Power Solutions

Market Cap: €929.2m

Engages in the design, manufacture, and sale of various transformers in Canada, the United States, Mexico, and India.

SFL

Market Cap: €1.0b

A maritime and offshore asset owning and chartering company, engages in the ownership, operation, and chartering out of vessels and offshore related assets on medium and long-term charters.

Pepper Money

Market Cap: €608.3m

Operates as a non-bank lender in the mortgage and asset finance markets in Australia and New Zealand.

Alaris Equity Partners Income Trust

Market Cap: €833.5m

A private equity firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, growth capital, and mature investments.

SergeFerrari Group

Market Cap: €58.5m

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

Evercore

Market Cap: €7.3b

Operates as an independent investment banking firm in the Americas, Europe, Middle East, Africa, and Asia-Pacific.

Pollard Banknote

Market Cap: €487.5m

Manufactures and sells lottery and charitable gaming products and solutions in the United States, Canada, and internationally.

ACM Research

Market Cap: €1.2b

Develops, manufactures, and sells capital equipment worldwide.

Quest Resource Holding

Market Cap: €46.4m

Provides solutions for the reuse, recycling, and disposal of various waste streams and recyclables in the United States.

Bidvest Group

Market Cap: €76.9b

An investment holding company, engages in services, trading, and distribution businesses in South Africa and internationally.

China Everbright Environment Group

Market Cap: €20.9b

An investment holding company, provides environmental solutions worldwide.

Absa Group

Market Cap: €141.8b

Provides retail and business banking, corporate and investment banking, insurance, financial, and wealth management products and services in South Africa and internationally.

Open Text

Market Cap: €6.5b

Engages in the provision of information management products and services.

Cummins

Market Cap: €37.8b

Offers various power solutions worldwide.

Transcontinental

Market Cap: €1.5b

Engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, and internationally.

Hunting

Market Cap: €403.0m

Manufactures components, technology systems, and precision parts worldwide.

Kenmare Resources

Market Cap: UK£366.3m

Engages in the production and sale of mineral sand products in China, the rest of Asia, Europe, the United States, and internationally.