Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Allstate

Market Cap: €50.4b

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

GFT Technologies

Market Cap: €445.2m

Provides digital transformation services.

Mayr-Melnhof Karton

Market Cap: €1.5b

Manufactures and sells cartonboard and folding cartons in Germany, Austria, and internationally.

CEWE Stiftung KGaA

Market Cap: €676.6m

Operates as a photo service and online printing provider in Germany and internationally.

Kemira Oyj

Market Cap: €2.8b

Operates as a chemicals company in Finland, rest of Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Capgemini

Market Cap: €21.7b

Provides consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

HORNBACH Holding KGaA

Market Cap: €1.3b

Through its subsidiaries, develops and operates do-it-yourself (DIY) megastores with garden centers in Germany and other European countries.

Delta Air Lines

Market Cap: €37.9b

Provides scheduled air transportation for passengers and cargo in the United States and internationally.

JOST Werke

Market Cap: €727.9m

Manufactures and supplies safety-critical systems for the commercial vehicle industry in Germany, Europe, North America, Asia, Pacific, and Africa.

Brinker International

Market Cap: €4.7b

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

PORR

Market Cap: €1.1b

Operates as a construction company in Austria, Germany, Poland, the Czech Republic, Italy, Romania, Switzerland, Serbia, Great Britain, Slovakia, Norway, Belgium, and internationally.

Vallourec

Market Cap: €3.9b

Through its subsidiaries, provides tubular solutions for the oil and gas, industry, and new energies markets in Europe, North America, South America, Asia, the Middle East, and internationally.

Delta Air Lines

Market Cap: CHF 37.9b

Provides scheduled air transportation for passengers and cargo in the United States and internationally.

Hochschild Mining

Market Cap: UK£1.6b

A precious metals company, engages in the exploration, mining, processing, and sale of gold and silver deposits in Peru, Argentina, the United Kingdom, Canada, Brazil, and Chile.

Jazz Pharmaceuticals

Market Cap: €8.4b

Jazz Pharmaceuticals plc identifies, develops, and commercializes pharmaceutical products in the United States, Europe, and internationally.

Cosmo Pharmaceuticals

Market Cap: CHF 1.1b

Focuses on the development and commercialization products for gastroenterology, dermatology, and healthtech worldwide.

Civitas Resources

Market Cap: US$2.6b

An exploration and production company, focuses on the acquisition, development, and production of crude oil and associated liquids-rich natural gas.

Arnoldo Mondadori Editore

Market Cap: €542.5m

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

Sanofi

Market Cap: €105.0b

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

Ero Copper

Market Cap: CA$3.0b

Engages in the exploration, development, and production of mining projects in Brazil.

Thryv Holdings

Market Cap: US$306.3m

Provides digital marketing solutions and cloud-based tools to the small-to-medium-sized businesses in the United States.

ACI Worldwide

Market Cap: US$4.9b

Develops, markets, installs, and supports software products and services for facilitating electronic payments in the United States and internationally.

Valeura Energy

Market Cap: €688.7m

Engages in the exploration, development, and production of petroleum and natural gas in Thailand and in Turkey.

Quanex Building Products

Market Cap: US$640.0m

Provides components for the fenestration industry in the United States, Europe, Canada, Asia, and internationally.

McBride

Market Cap: €202.4m

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.

CTO Realty Growth

Market Cap: €547.1m

A publicly traded real estate investment trust that owns and operates a portfolio of high-quality, retail-based properties located primarily in higher growth markets in the United States.

China Mengniu Dairy

Market Cap: €54.7b

An investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People’s Republic of China and internationally.

OFG Bancorp

Market Cap: €1.7b

A financial holding company, provides a range of banking and financial services in the United States.

Métropole Télévision

Market Cap: €1.5b

Operates as a multimedia group in France.

Robert Walters

Market Cap: €96.4m

Provides professional recruitment consultancy services worldwide.

Blau Farmacêutica

Market Cap: R$2.4b

A pharmaceutical company provides drug products in Brazil, Argentina, Chile, Colombia, Uruguay, Ecuador, Peru, and the United States.

Korn Ferry

Market Cap: US$3.4b

Engages in the provision of organizational consulting services worldwide.

Suzano

Market Cap: R$60.0b

Manufactures and sells pulp and paper products in Brazil and internationally.

Central Asia Metals

Market Cap: €262.7m

Operates as a base metals producer.

Pollard Banknote

Market Cap: €550.8m

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