Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Rithm Capital

Market Cap: US$6.5b

Operates as an asset manager focused on real estate, credit, and financial services in the United States.

HP

Market Cap: US$17.8b

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

Hikma Pharmaceuticals

Market Cap: €3.4b

Develops, manufactures, markets, and sells a range of generic, branded, and in-licensed pharmaceutical products.

Block

Market Cap: €40.3b

Block, Inc., together with its subsidiaries, builds ecosystems focused on commerce and financial products and services in the United States and internationally.

KBR

Market Cap: US$5.6b

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

Crown Castle

Market Cap: US$37.7b

Crown Castle owns, operates and leases approximately 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S.

Pharming Group

Market Cap: €1.1b

A biopharmaceutical company, develops and commercializes protein replacement therapies and precision medicines for the treatment of rare diseases in the United States, Europe, and internationally.

Universal Health Services

Market Cap: US$12.8b

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

On the Beach Group

Market Cap: €313.7m

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

American Healthcare REIT

Market Cap: €8.2b

A Maryland-based self-managed REIT, owns and operates a diversified portfolio of clinical healthcare real estate across the U.S., U.K., and the Isle of Man.

McBride

Market Cap: €257.1m

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.

China Resources Land

Market Cap: HK$201.2b

An investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥16.0b

Engages in the research, development, manufacturing, and sale of invasive medical devices in China and internationally.

Tsingtao Brewery

Market Cap: CN¥72.7b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Sichuan Baicha Baidao Industrial

Market Cap: HK$10.1b

An investment holding company, provides tea drink products in the People’s Republic of China.

Industrial Bank

Market Cap: CN¥404.6b

Provides banking products and services in the People’s Republic of China.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥10.2b

Provides chemical supply chain solutions worldwide.

Fosun International

Market Cap: HK$33.9b

Operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally.

Security Bank

Market Cap: ₱50.8b

Provides banking and financial products and services to wholesale and retail clients in the Philippines.

Longfor Group Holdings

Market Cap: HK$66.8b

An investment holding company, engages in the property development, commercial investment, asset management, property management, and smart construction businesses in the People’s Republic of China.

Future

Market Cap: JP¥174.0b

Provides IT consulting and services primarily in Japan.

Grand Pharmaceutical Group

Market Cap: HK$27.4b

An investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical preparations and medical devices, biotechnology and healthcare products, and pharmaceutical raw materials.

Horizon Construction Development

Market Cap: HK$3.4b

Operates as an investment holding company that provides equipment operation services in the People's Republic of China.

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥5.2b

Produces and sells solid content, water-based solvent free, and special function coating products in China.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥10.2b

Provides chemical supply chain solutions worldwide.

Srisawad Corporation

Market Cap: ฿41.4b

Provides financial services in Thailand and internationally.

IRB Infrastructure Developers

Market Cap: ₹239.9b

Engages in the infrastructure development business in India.

Nido Education

Market Cap: AU$121.5m

Owns, operates, and manages long day early childhood education and care centres under the Nido Early School brand in Australia.

Shanghai Zhonggu Logistics

Market Cap: CN¥21.3b

Provides container shipping services in China.

Huaibei Mining HoldingsLtd

Market Cap: CN¥31.9b

Primarily engages in coal mining, washing, processing, sales, and production of coal chemical products in China.

MCNEX

Market Cap: ₩475.6b

Manufactures and sells camera modules in South Korea and internationally.

Bear Electric ApplianceLtd

Market Cap: CN¥7.0b

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

Hu Lane Associate

Market Cap: NT$14.9b

Engages in manufacture and sale of terminal devices, terminal crimping, industrial rubber, and plastic products in Taiwan.

C&D International Investment Group

Market Cap: HK$33.7b

An investment holding company, engages in the property development, real estate industry chain investment services, and industry investment activities in the People’s Republic of China.

Shenzhen Transsion Holdings

Market Cap: CN¥73.4b

Provides smart devices and mobile services in Africa, South and Southeast Asia, the Middle East, Latin America, and internationally.