Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

BRP

Market Cap: €5.6b

Designs, develops, manufactures, and sells powersports vehicles and marine products in the United States, Canada, Europe, Asia Pacific, Latin America, and internationally.

FRP Advisory Group

Market Cap: UK£285.7m

Provides business advisory services to companies, lenders, investors, individuals, and other stakeholders in the United Kingdom.

Anhui Conch Cement

Market Cap: CN¥106.2b

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

Hangzhou Binjiang Real Estate GroupLtd

Market Cap: CN¥29.7b

Engages in the real estate development and related businesses in China.

Konica Minolta

Market Cap: JP¥249.5b

Engages in digital workplace, professional print, healthcare, and industry business in Japan, China, other Asian countries, the United States, Europe, and internationally.

Hoenle

Market Cap: €54.2m

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

Pentair

Market Cap: €12.8b

Provides various water solutions in the United States, Western Europe, China, Latin America, the Middle East, Southeast Asia, Australia, and Canada.

Travel + Leisure

Market Cap: €4.0b

Provides hospitality services and travel products in the United States and internationally.

XP

Market Cap: US$9.9b

Provides financial products and services in Brazil.

High Tide

Market Cap: US$292.7m

Engages in the cannabis retail business in Canada, the United States, and internationally.

China Life Insurance

Market Cap: US$1.1t

Operates as a life insurance company in the People’s Republic of China.

LKQ

Market Cap: US$7.3b

Engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories.

Abercrombie & Fitch

Market Cap: US$3.8b

Through its subsidiaries, operates as an omnichannel retailer in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Yalla Group

Market Cap: US$1.0b

Operates a social networking and gaming platform in the Middle East and North Africa region.

Atmus Filtration Technologies

Market Cap: US$4.3b

Designs, manufactures, and sells filtration products under the Fleetguard brand in the United States and internationally.

BRP

Market Cap: CA$5.6b

Designs, develops, manufactures, and sells powersports vehicles and marine products in the United States, Canada, Europe, Asia Pacific, Latin America, and internationally.

SAP

Market Cap: US$169.9b

Provides enterprise application and business solutions worldwide.

TravelSky Technology

Market Cap: US$28.3b

Provides information technology (IT) solutions for the aviation and travel industries in the People’s Republic of China.

ACI Worldwide

Market Cap: US$4.4b

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

ABM Industries

Market Cap: US$2.4b

Through its subsidiaries, engages in the provision of facility maintenance, engineering and infrastructure solutions in the United States and internationally.

Sangoma Technologies

Market Cap: US$191.0m

Develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications in the United States of America and internationally.

Gap

Market Cap: US$9.0b

Operates as an apparel retail company in the United States, Canada, Japan, Taiwan, and internationally.

Babcock International Group

Market Cap: UK£5.4b

Engages in the design, development, manufacture, and integration of specialist systems for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally.

Shenzhen Gas

Market Cap: CN¥19.9b

Provides urban gas, natural gas, and LPG energy.

Beijing Dabeinong Technology GroupLtd

Market Cap: CN¥16.7b

Beijing Dabeinong Technology Group Co.,Ltd.

Bear Electric ApplianceLtd

Market Cap: CN¥6.4b

Engages in the research and development, design, production, and sale of small household appliances under Bear brand name in China and internationally.

Rohto PharmaceuticalLtd

Market Cap: JP¥532.7b

Manufactures and markets pharmaceutical products, cosmetics, and functional foods worldwide.

Mears Group

Market Cap: UK£340.3m

Provides various outsourced services to the public and private sectors in the United Kingdom.

High Tide

Market Cap: CA$292.7m

Engages in the cannabis retail business in Canada, the United States, and internationally.

Silgan Holdings

Market Cap: US$4.2b

Manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally.

Calfrac Well Services

Market Cap: CA$543.3m

Provides specialized oilfield services in Canada, the United States, and Argentina.

Geely Automobile Holdings

Market Cap: US$247.3b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

Imperial Brands

Market Cap: UK£21.8b

Manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, the Asia, Australasia, and internationally.

SaizeriyaLtd

Market Cap: JP¥248.1b

Operates restaurants in Japan, Australia, Indonesia and Asia.

Howden Joinery Group

Market Cap: UK£4.2b

Supplies various kitchen, joinery, and hardware products in the United Kingdom, France, Belgium, and the Republic of Ireland.