Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Prudential

Market Cap: UK£26.7b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.

OceanaGold

Market Cap: €11.7b

Engages in the exploration, development, and operation of gold and gold/copper mines in the United States, the Philippines, and New Zealand.

Delta Air Lines

Market Cap: €38.3b

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

Premier Foods

Market Cap: UK£1.7b

Manufactures, distributes, and sells branded and own label food products in the United Kingdom, other European countries, and internationally.

Man Wah Holdings

Market Cap: €18.0b

An investment holding company, engages in the manufacture and distribution of sofas and ancillary products in the People's Republic of China, Europe, Vietnam, Mexico, and internationally.

Carnival Corporation &

Market Cap: €35.7b

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

Tongcheng Travel Holdings

Market Cap: €45.6b

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

Cooper-Standard Holdings

Market Cap: €564.4m

Through its subsidiary, manufactures sealing systems and fluid handling systems in the North America, Europe, the Asia Pacific, and the South America.

On the Beach Group

Market Cap: €284.3m

Operates as an online retailer of short haul beach holidays under the On the Beach brand in the United Kingdom and Republic of Ireland.

Ernst Russ

Market Cap: €249.3m

A publicly owned investment manager.

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.

Lithia Motors

Market Cap: €6.1b

Operates as an automotive retailer in the United States, the United Kingdom, and Canada.

PENN Entertainment

Market Cap: €1.9b

Provides integrated entertainment, sports content, and casino gaming experiences in the United States and internationally.

Science Applications International

Market Cap: €4.3b

Provides technical, engineering, and enterprise information technology (IT) services in the United States.

Brinker International

Market Cap: €5.9b

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

Myer Holdings

Market Cap: €571.1m

Operates department stores in Australia and New Zealand.

C&A Modas

Market Cap: R$3.6b

Operates as a fashion retailer for women, men, and children in Brazil and internationally.

Bidvest Group

Market Cap: €79.9b

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

Alaris Equity Partners Income Trust

Market Cap: €1.0b

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

China Yuchai International

Market Cap: €1.5b

Manufactures, assembles, and sells diesel and natural gas engines for trucks, buses, pickups, construction and agricultural equipment, and marine and power generation applications.

Hoenle

Market Cap: €59.2m

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

q.beyond

Market Cap: €100.2m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

Suzano

Market Cap: R$67.9b

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

China Tower

Market Cap: €193.3b

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

Perrigo

Market Cap: €1.5b

Provides over-the-counter health and wellness solutions in the United States, Europe, and internationally.

Construtora Tenda

Market Cap: R$3.7b

Operates as a construction company in Brazil.

Hollywood Bowl Group

Market Cap: UK£434.9m

Operates ten-pin bowling and mini-golf centers in the United Kingdom and Canada.

Enovis

Market Cap: €1.4b

A medical technology company, focuses on developing clinically differentiated solutions in the United States and internationally.

AMG Critical Materials

Market Cap: US$1.1b

Develops, produces, and sells energy storage materials.

Arnoldo Mondadori Editore

Market Cap: €518.8m

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

Green Thumb Industries

Market Cap: €2.1b

Manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States.

Ayvens

Market Cap: €7.8b

Provides service leasing and vehicle fleet management services in the France, Rest of Europe, Latin America, Asia, and internationally.

Wesdome Gold Mines

Market Cap: €3.6b

Wesdome Gold Mines Ltd. mines, develops, and explores for gold and silver deposits in Canada.

MINISO Group Holding

Market Cap: €5.1b

An investment holding company, engages in the retail and wholesale of design-led lifestyle and pop toy products in Mainland China, the rest of Asia, North and Latin America, Europe, and internationally.

Asahi Group Holdings

Market Cap: €2.4t

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