Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Carrefour

Market Cap: €12.6b

Engages in the operation of stores that offer food and non-food products in various formats and channels in France, Spain, Italy, Belgium, Poland, Romania, Brazil, and Argentina, as well as in 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.

QinetiQ Group

Market Cap: €2.1b

Operates as a science and engineering company in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, and internationally.

Vallourec

Market Cap: €4.2b

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

MGM Resorts International

Market Cap: US$9.0b

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

Autoliv

Market Cap: US$6.9b

Through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in Europe, the Americas, China, Japan, and rest of Asia.

KBR

Market Cap: US$6.6b

Provides scientific, technology, and engineering solutions to governments and commercial customers worldwide.

ANTA Sports Products

Market Cap: €250.3b

Engages in the research and development, design, manufacturing, and marketing of shoes, apparel, and accessories in the Mainland of China, Hong Kong, Macao, and internationally.

Dell Technologies

Market Cap: US$68.1b

Designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally.

Leidos Holdings

Market Cap: €17.2b

Provides services and solutions for government and commercial customers in the United States and internationally.

Universal Health Services

Market Cap: US$11.3b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities.

Victory Capital Holdings

Market Cap: €3.8b

Operates as an asset management company in the United States and internationally.

Koninklijke Philips

Market Cap: €21.8b

Operates as a health technology company in North America, the Greater China, and internationally.

Galp Energia SGPS

Market Cap: €10.7b

Operates as an integrated energy operator in Portugal and internationally.

Lockheed Martin

Market Cap: €103.5b

An aerospace and defense company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide.

HP

Market Cap: US$27.0b

Provides personal computing, printing, 3D printing, hybrid work, gaming, and other related technologies in the United States and internationally.

Arcadis

Market Cap: €4.4b

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

Mattel

Market Cap: US$6.5b

A toy and family entertainment company, designs, manufactures, and markets toys and consumer products in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

Taboola.com

Market Cap: €982.3m

Operates an artificial intelligence-based algorithmic engine platform in Israel, the United States, the United Kingdom, Germany, and internationally.

FedEx

Market Cap: US$55.2b

Provides transportation, e-commerce, and business services in the United States and internationally.

Arkema

Market Cap: €5.7b

Manufactures and sells specialty materials in Europe, the United States, Canada, Mexico, China, Hong Kong, Taiwan, and internationally.

Renew Holdings

Market Cap: €542.2m

Provides engineering services in the United Kingdom.

Montea Comm. VA

Market Cap: €1.5b

Montea NV is a public regulated real estate company under Belgian law (GVV/SIR) that specializes in logistics real estate in Belgium, the Netherlands, France, and Germany.

LX Semicon

Market Cap: ₩953.1b

Operates as a semiconductor company in South Korea, China, Vietnam, Taiwan, Japan, and internationally.

Shanghai Baosight SoftwareLtd

Market Cap: CN¥75.1b

Provides industrial solutions in China.

Tangrenshen Group

Market Cap: CN¥7.1b

Engages in the producing, processing, breeding, slaughtering, and selling of pig meat and feed products in China.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥290.9b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Canara Bank

Market Cap: ₹794.0b

Provides various banking products and services in India and internationally.

Seojin SystemLtd

Market Cap: ₩1.3t

Provides telecom equipment, repeaters, mechanical products, and LED and other equipment.

Shaanxi Energy Investment

Market Cap: CN¥34.2b

Engages in the thermal electricity and coal production business in China.

Guangdong Haid Group

Market Cap: CN¥81.0b

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

Zhongjin GoldLtd

Market Cap: CN¥64.3b

Engages in the mining, smelting, and sale of non-ferrous metals in China.

Jiangshan Oupai Door Industry

Market Cap: CN¥3.0b

Engages in the research, development, manufacture, processing, sale, and service of wooden doors in China and internationally.

IRB Infrastructure Developers

Market Cap: ₹282.6b

Engages in the infrastructure development business in India.

Incitec Pivot

Market Cap: AU$5.1b

Manufactures and distributes industrial explosives, industrial chemicals, and fertilizers in Australia and the United State.