Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Ayvens

Market Cap: €7.7b

Provides service leasing and vehicle fleet management services in the France, Rest of Europe, Latin America, Asia, and internationally.

Brinker International

Market Cap: €6.4b

Owns, develops, operates, and franchises casual dining restaurants in the United States and internationally.

Wesdome Gold Mines

Market Cap: €3.2b

Wesdome Gold Mines Ltd. mines, develops, and explores for gold and silver deposits in Canada.

Alaris Equity Partners Income Trust

Market Cap: €924.5m

A private equity firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, growth capital, and mature investments.

Huhtamäki Oyj

Market Cap: €2.9b

Provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally.

Robert Walters

Market Cap: €51.4m

Provides professional recruitment consultancy services worldwide.

PENN Entertainment

Market Cap: €1.8b

Provides integrated entertainment, sports content, and casino gaming experiences in the United States and internationally.

Tongcheng Travel Holdings

Market Cap: €43.4b

An investment holding company, provides travel related services in the People’s Republic of China.

Toyoda Gosei

Market Cap: €487.2b

Manufactures and sells automotive parts, optoelectronic products, and general industry products.

Rainbow Tours

Market Cap: €1.9b

Operates as a tour operator in Poland, the Czech Republic, Greece, Spain, Turkey, Slovakia, Lithuania, and internationally.

ANTA Sports Products

Market Cap: €214.1b

Engages in the research, design, development, manufacture, market, and sale of professional sports footwear, apparel, and accessories in China and internationally.

Pan African Resources

Market Cap: UK£2.6b

Engages in the mining, extraction, production, and sale of gold in South Africa.

Reynolds Consumer Products

Market Cap: €4.4b

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

Carnival Corporation &

Market Cap: €35.3b

A cruise company, provides leisure travel services in North America, Australia, Europe, and internationally.

AXA

Market Cap: €77.9b

Through its subsidiaries, insurance, asset management, and banking services worldwide.

Andean Precious Metals

Market Cap: €936.2m

Engages in the acquisition, exploration, development, and processing of mineral resource properties in the United States.

Sabre

Market Cap: €596.7m

Operates as a software and technology company for the travel industry in the United States, Europe, Asia-Pacific, and internationally.

Eurobank

Market Cap: €11.8b

Provides retail, corporate and private banking, asset management, treasury and capital market, and other services in Greece, Bulgaria, Cyprus, and Luxembourg.

Alpha Bank

Market Cap: €7.3b

Provides various banking and financial products and services in Greece and internationally.

Grafton Group

Market Cap: €1.7b

Distributes and sells building materials and construction related products in Ireland, the United Kingdom, Ireland, the Netherlands, Finland, and Spain.

Middleby

Market Cap: US$6.5b

Designs, manufactures, markets, distributes, and services of commercial restaurant and food processing equipment worldwide.

Indofood Sukses Makmur

Market Cap: €52.5t

Operates as a food solutions company in Indonesia, the Middle East, Africa, the rest of Asia, and internationally.

Victrex

Market Cap: UK£484.0m

Through its subsidiaries, engages in the manufacture and sale of polymer solutions worldwide.

Havas

Market Cap: €1.5b

Provides communications and marketing services in France, the United Kingdom, rest of Europe, North America, Latin America, the Asia-Pacific, and Africa.

Green Thumb Industries

Market Cap: €2.1b

Manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States.

American Integrity Insurance Group

Market Cap: €377.7m

Operates as an insurance company in the United States.

Akzo Nobel

Market Cap: €8.4b

Produces and sells paints and coatings worldwide.

Enel Américas

Market Cap: Col$8.1t

Generates, transmits, and distributes electricity in Brazil, Colombia, Central America, Argentina, and Peru.

Premier Foods

Market Cap: UK£1.6b

Manufactures, distributes, and sells branded and own label food products in the United Kingdom, other European countries, and internationally.

Ansell

Market Cap: €4.0b

Designs, sources, develops, manufactures, distributes, and sells hand and body protection solutions in the Asia Pacific, Europe, the Middle East, Africa, Latin America, the Caribbean, and North America.

Intrum

Market Cap: €5.0b

Provides payment solutions, and credit and collection services in Europe and internationally.

FirstRand

Market Cap: €481.4b

Provides transactional, lending, investment, and insurance products and services in South Africa, rest of Africa, the United Kingdom, and internationally.

Bidvest Group

Market Cap: €77.2b

An investment holding company, engages in services, trading, and distribution businesses in South Africa and internationally.

Pepper Money

Market Cap: €754.7m

Operates as a non-bank lender in the mortgage and asset finance markets in Australia and New Zealand.

Kuaishou Technology

Market Cap: €229.8b

An investment holding company, provides live streaming, online marketing, and other services in the People’s Republic of China.