Global Potentially Undervalued Companies

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.

Noodles

Market Cap: US$36.2m

A restaurant concept company, develops and operates fast-casual restaurants in the United States.

Fidelity National Financial

Market Cap: €15.0b

Provides various insurance products in the United States.

Burford Capital

Market Cap: US$2.4b

Provides legal finance products and services worldwide.

Steelcase

Market Cap: €1.2b

Provides a portfolio of furniture and architectural products and services in the United States and internationally.

CES Energy Solutions

Market Cap: €1.5b

Engages in the design, implementation, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada.

Wynn Resorts

Market Cap: US$9.2b

Designs, develops, and operates integrated resorts.

Regional Management

Market Cap: US$279.4m

A diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States.

Gauzy

Market Cap: US$164.9m

An integrated light and vision control company, develops, manufactures, and supplies vision and light control technologies in Israel, the United States, France, rest of Europe, Asia, and internationally.

Amphastar Pharmaceuticals

Market Cap: US$1.2b

A bio-pharmaceutical company, develops, manufactures, markets, and sells generic and proprietary injectable, inhalation, and intranasal products in the United States, China, and France.

MGM Resorts International

Market Cap: US$9.2b

Through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally.

q.beyond

Market Cap: €110.1m

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

ProCredit Holding

Market Cap: €540.7m

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

GE HealthCare Technologies

Market Cap: €32.6b

Engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally.

Robert Walters

Market Cap: €125.3m

Provides professional recruitment consultancy services worldwide.

Perrigo

Market Cap: €3.6b

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

Thungela Resources

Market Cap: €11.3b

Engages in the mining and production of thermal coal in South Africa and Australia.

Arcadis

Market Cap: €3.9b

Offers design, engineering, architecture, and consultancy solutions for natural and built assets in The Americas, Europe, the Middle East, and the Asia Pacific.

Bayerische Motoren Werke

Market Cap: €44.5b

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

Austevoll Seafood

Market Cap: NOK 18.9b

A seafood company, produces and sells salmon and trout, whitefish, and pelagic in Norway, the European Union, the United Kingdom, Eastern Europe, Africa, North America, Asia, and South America.

MINISO Group Holding

Market Cap: €5.3b

An investment holding company, engages in the retail and wholesale of lifestyle products and pop toy products in China, rest of Asia, the Americas, Europe, Indonesia, and internationally.

Kumba Iron Ore

Market Cap: R87.4b

Engages in the exploration, extraction, beneficiation, marketing, sale, and shipping of iron ore for the steel industry in South Africa.

GFT Technologies

Market Cap: €574.2m

Provides digital transformation services.

Griffon

Market Cap: US$3.2b

Through its subsidiaries, provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally.

ProCredit Holding

Market Cap: €540.7m

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

Colabor Group

Market Cap: CA$82.6m

Colabor Group Inc., together with its subsidiaries, markets, distributes, and wholesales food and food-related products in Canada.

Carmila

Market Cap: €2.3b

As the third-largest listed owner of commercial property in Europe, Carmila was founded by Carrefour and large institutional investors in order to enhance the value of shopping centres adjoining Carrefour hypermarkets in France, Spain and Italy.

Sanofi

Market Cap: €101.4b

A healthcare company, engages in the research, development, manufacture, and marketing of therapeutic solutions in the United States, Europe, and internationally.

Arnoldo Mondadori Editore

Market Cap: €546.4m

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

Pollard Banknote

Market Cap: €603.1m

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

Aica Kogyo Company

Market Cap: €227.8b

Develops, produces, and sells chemical products, and laminates and building materials in Japan and internationally.

Vetoquinol

Market Cap: €825.7m

A veterinary pharmaceutical company, designs, develops, and sells veterinary drugs and non-medicinal products in Europe, the Americas, and the Asia Pacific region.

TEGNA

Market Cap: US$2.7b

Operates as a journalism company in the United States.

Huron Consulting Group

Market Cap: US$2.1b

Provides consultancy and managed services in the United States and internationally.

Casta Diva Group

Market Cap: €24.5m

Operates as a communication company in Italy and internationally.