Global Potentially Undervalued Companies

Carrefour

Market Cap: €12.6b

Operates as a food retailer in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, 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.

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

BP

Market Cap: UK£52.5b

An integrated energy company, provides carbon products and services.

Rayonier

Market Cap: US$3.9b

Rayonier is a leading timberland real estate investment trust with assets located in some of the most productive softwood timber growing regions in the United States and New Zealand.

Polar Capital Holdings

Market Cap: €361.5m

Polar Capital Holdings plc is a publicly owned investment manager.

Red Rock Resorts

Market Cap: US$4.1b

Through its interest in Station Casinos LLC, develops and manages casino and entertainment properties in the United States.

Bayer

Market Cap: US$20.5b

Operates as a life science company worldwide.

S&T Bancorp

Market Cap: US$1.3b

Operates as the bank holding company for S&T Bank that provides retail and commercial banking products and services to consumer, commercial, and small business in Pennsylvania and Ohio.

MGP Ingredients

Market Cap: US$602.0m

Produces and supplies distilled spirits, branded spirits, and food ingredients worldwide.

Merchants Bancorp

Market Cap: US$1.4b

Operates as the diversified bank holding company in the United States.

Bombardier

Market Cap: US$8.0b

Engages in the design, manufacture, and sale of business aircraft and aircraft structural components worldwide.

Hanmi Financial

Market Cap: US$612.2m

Operates as the holding company for Hanmi Bank that provides business banking products and services in the United States.

TELUS International (Cda)

Market Cap: CA$664.3m

Offers digital customer experience and digital solutions in the Asia-Pacific, the Central America, Europe, Africa, North America, and internationally.

Nexus Industrial REIT

Market Cap: CA$598.3m

A growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition of industrial properties located in primary and secondary markets in Canada, and the ownership and management of its portfolio of properties.

Asbury Automotive Group

Market Cap: US$4.5b

Operates as an automotive retailer in the United States.

Nordex

Market Cap: €3.6b

Develops, manufactures, and distributes multi-megawatt onshore wind turbines worldwide.

TD SYNNEX

Market Cap: US$8.6b

Operates as a distributor and solutions aggregator for the information technology (IT) ecosystem.

TEGNA

Market Cap: US$2.5b

Operates as a journalism company in the United States.

Sword Group

Market Cap: €298.1m

Provides IT and software solutions worldwide.

Trican Well Service

Market Cap: CA$760.8m

An equipment services company, provides various products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells in Canada.

LKQ

Market Cap: US$10.9b

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.

Continental

Market Cap: US$12.6b

A technology company, provides solutions for vehicles, machines, traffic, and transportation worldwide.

United Natural Foods

Market Cap: €1.5b

Distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada.

Julius Bär Gruppe

Market Cap: US$9.9b

Provides wealth management solutions in Switzerland, Europe, the Americas, Asia, and internationally.

Ribbon Communications

Market Cap: US$607.1m

Provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally.

Great Southern Bancorp

Market Cap: US$586.4m

Operates as a bank holding company for Great Southern Bank that provides a range of financial services in the United States.

Absa Group

Market Cap: €141.3b

Provides retail and business banking, corporate and investment banking, insurance, financial, and wealth management products and services in South Africa and internationally.

China Everbright Environment Group

Market Cap: €21.1b

An investment holding company, provides environmental solutions worldwide.

L.D.C

Market Cap: €2.6b

Produces and sells poultry and processed products in France and internationally.

Zijin Mining Group

Market Cap: US$486.1b

A mining company, engages in the exploration, mining, processing, refining, and sale of gold, non-ferrous metals, and other mineral resources in Mainland China and internationally.

Travel + Leisure

Market Cap: €2.8b

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

Kenmare Resources

Market Cap: UK£355.1m

Engages in the production and sale of mineral sand products in China, the rest of Asia, Europe, the United States, and internationally.

Tate & Lyle

Market Cap: €2.2b

Engages in the provision of ingredients and solutions to the food, beverage, and other industries in North America, Asia, Middle East, Africa, Latin America, and Europe.

Aker BP

Market Cap: €137.5b

Explores for, develops, and produces oil and gas on the Norwegian Continental Shelf.

Verbio

Market Cap: €550.2m

Engages in the production and distribution of fuels and finished products in Germany, Europe, North America, and internationally.