Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Otsuka Holdings

Market Cap: €4.1t

Engages in the pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide.

INDUS Holding

Market Cap: €551.4m

A private equity firm specializing in mergers and acquisitions and corporate spin-offs.

GE HealthCare Technologies

Market Cap: €33.1b

Engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally.

lastminute.com

Market Cap: CHF 161.0m

Operates in the online travel industry providing dynamic holiday packages in Italy, Spain, the United Kingdom, France, Germany, and internationally.

Persimmon

Market Cap: UK£3.7b

Operates as a house builder in the United Kingdom.

Corebridge Financial

Market Cap: €17.8b

Provides retirement solutions and insurance products in the United States.

Mattel

Market Cap: €5.4b

A toy and family entertainment company, designs, manufactures, and markets toys and consumer products in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

Verallia Société Anonyme

Market Cap: €2.8b

Manufactures and sells glass packaging products for beverages and food products worldwide.

EKINOPS

Market Cap: €84.9m

Provides network solutions to service providers and enterprises worldwide.

Aica Kogyo Company

Market Cap: €229.1b

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

Transcontinental

Market Cap: €1.6b

Engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, and internationally.

Grand Pharmaceutical Group

Market Cap: €29.5b

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.

Axalta Coating Systems

Market Cap: US$6.1b

Through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Ion Beam Applications

Market Cap: €312.6m

Designs, produces, and markets solutions for cancer diagnosis and treatments in Belgium, the United States, and internationally.

China Construction Bank

Market Cap: US$2.0t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

Rainbow Tours

Market Cap: €1.7b

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

Cosmo Pharmaceuticals

Market Cap: CHF 1.0b

Focuses on the development and commercialization products for gastroenterology, dermatology, and healthtech worldwide.

Cheerwin Group

Market Cap: €3.0b

An investment holding company, manufactures and trades household insecticides and repellents, household cleaning, air care, personal care, pet stores and pet products, and other products in the People’s Republic of China.

Valeura Energy

Market Cap: €805.5m

Engages in the exploration, development, and production of petroleum and natural gas in Thailand and in Turkey.

Forbo Holding

Market Cap: CHF 1.0b

Engages in the production and sale floor coverings, building and construction adhesives, and power transmission and conveyor technology worldwide.

Absa Group

Market Cap: €149.4b

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

Acrow

Market Cap: €334.2m

Provides smart integrated construction systems across formwork, industrial services, and commercial scaffolding in Australia.

74Software

Market Cap: €1.1b

Operates as a software company in France.

Perrigo

Market Cap: €3.0b

Provides over-the-counter health and wellness solutions in the United States, Europe, and internationally.

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.

Premier Foods

Market Cap: UK£1.7b

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

Sanofi

Market Cap: €95.3b

Engages in the research, development, manufacture, and marketing of therapeutic solutions.

Suzano

Market Cap: R$60.8b

Manufactures and sells pulp and paper products in Brazil and internationally.

Sendas Distribuidora

Market Cap: R$12.7b

Engages in the retail and wholesale sale of food products, bazaar items, and other products in Brazil.

BYD Electronic (International)

Market Cap: US$89.7b

An investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People’s Republic of China and internationally.

Renew Holdings

Market Cap: €631.7m

Provides engineering services in the United Kingdom.

Hikma Pharmaceuticals

Market Cap: €3.7b

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

Intertek Group

Market Cap: US$7.2b

Provides quality assurance solutions to various industries in the United Kingdom, the United States, China, Australia, and internationally.

McBride

Market Cap: €214.0m

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, Asia-Pacific, and internationally.It operates through five segments: Liquids, Powders, Unit dosing, Aerosols, and Asia Pacific.

PORR

Market Cap: €1.1b

Operates as a construction company in Austria, Germany, Poland, the Czech Republic, Italy, Romania, Switzerland, Serbia, Great Britain, Slovakia, Norway, Belgium, and internationally.