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.

Nilfisk Holding

Market Cap: €2.6b

Develops, manufactures, and sells cleaning solutions and services worldwide.

Five9

Market Cap: €2.3b

Provides intelligent cloud software for contact centers in the United States and internationally.

PENN Entertainment

Market Cap: €2.6b

Provides integrated entertainment, sports content, and casino gaming experiences.

Arnoldo Mondadori Editore

Market Cap: €554.2m

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

Timken

Market Cap: €5.3b

Designs, manufactures, and sells engineered bearings and industrial motion products, and related services in the United States and internationally.

Reynolds Consumer Products

Market Cap: €5.0b

Produces and sells products in cooking, waste and storage, and tableware product categories in the United States and internationally.

Aica Kogyo Company

Market Cap: €212.2b

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

OceanaGold

Market Cap: €3.1b

A gold and copper producer, engages in exploration, development, and operation of mineral properties in the United States, the Philippines, and New Zealand.

First Mid Bancshares

Market Cap: US$852.6m

A financial holding company, provides community banking products and services to commercial, retail, and agricultural customers in the United States.

MONY Group

Market Cap: UK£1.1b

Engages in the provision of price comparison and lead generation services through its websites and applications in the United Kingdom.

Vanquis Banking Group

Market Cap: €149.4m

Engages in the provision of personal credit products to the non-standard lending market in the United Kingdom and the Republic of Ireland.

Ecora Resources

Market Cap: €158.5m

Operates as a natural resource royalty and streaming company in Australia, North and South America, Europe, and internationally.

ProCredit Holding

Market Cap: €576.0m

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

CES Energy Solutions

Market Cap: €1.7b

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

Amneal Pharmaceuticals

Market Cap: €2.7b

A global biopharmaceutical company, develops, manufactures, markets, and distributes generics, injectables, biosimilars, and specialty branded pharmaceutical products worldwide.

Steelcase

Market Cap: €1.3b

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

Royalty Pharma

Market Cap: €19.3b

Operates as a buyer of biopharmaceutical royalties and a funder of innovation in the biopharmaceutical industry in the United States.

SFL

Market Cap: €1.1b

A maritime and offshore asset owning and chartering company, engages in the ownership, operation, and chartering out of vessels and offshore related assets on medium and long-term charters.

Target

Market Cap: €47.8b

Operates as a general merchandise retailer in the United States.

DENTSPLY SIRONA

Market Cap: €3.1b

Develops, manufactures, and markets dental equipment supported by cloud-enabled solutions, dental products, and healthcare consumable products in urology and enterology worldwide.

DFI Retail Group Holdings

Market Cap: US$3.0b

Operates as a retailer in Asia.

Menicon

Market Cap: €100.9b

Manufactures and sells contact lenses and lens care products.

Ultimate Products

Market Cap: €64.4m

Supplies branded household products in the United Kingdom, Germany, Rest of Europe, and internationally.

Fortune Brands Innovations

Market Cap: US$7.8b

Engages in the provision of home and security products for residential home repair, remodeling, new construction, and security applications in the United States and internationally.

Fortrea Holdings

Market Cap: €835.3m

A contract research organization, provides biopharmaceutical product and medical device development solutions to pharmaceutical, biotechnology, and medical device customers worldwide.

Bosideng International Holdings

Market Cap: €46.0b

Engages in the apparel business in the People’s Republic of China.

Yuexiu Transport Infrastructure

Market Cap: €6.3b

Invests in, constructs, develops, operates, and manages toll expressways and bridges in the People’s Republic of China.

Teva Pharmaceutical Industries

Market Cap: €18.7b

Develops, manufactures, markets, and distributes generic and other medicines, and biopharmaceutical products in the United States, Europe, Israel, and internationally.

Capgemini

Market Cap: €25.0b

Engages in the provision of consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

Teradata

Market Cap: €2.2b

Provides a connected hybrid cloud analytics and data platform in the United States and internationally.

Lenovo Group

Market Cap: €144.9b

An investment holding company, develops, manufactures, and markets technology products and services.

Fomento de Construcciones y Contratas

Market Cap: €4.8b

Engages in the environmental services, water management, infrastructure development, and real estate businesses in Europe and internationally.

Aspen Pharmacare Holdings

Market Cap: €77.6b

Manufactures and supplies specialty and branded pharmaceutical products worldwide.