Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

CapitaLand Malaysia Trust

Market Cap: RM 2.1b

CapitaLand Malaysia Trust (CLMT) is a real estate investment trust (REIT) listed on the Main Market of Bursa Malaysia Securities Berhad since 16 July 2010.

Aeon (M) Bhd

Market Cap: RM 1.5b

Operates and manages a retail chain of departmental stores and supermarkets in Malaysia.

Angel Oak Mortgage REIT

Market Cap: US$201.8m

A real estate finance company, focuses on acquiring and investing in first lien nonqualified mortgage loans and other mortgage-related assets in the United States mortgage market.

INDUS Holding

Market Cap: €682.1m

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

Grand Pharmaceutical Group

Market Cap: €24.2b

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.

Compagnie de Saint-Gobain

Market Cap: €33.3b

Designs, manufactures, and distributes materials and solutions for the construction and industrial markets worldwide.

Regis Resources

Market Cap: €4.7b

Engages in the exploration, evaluation, and development of gold projects in Australia.

Janus International Group

Market Cap: US$729.0m

Manufactures and supplies turn-key self-storage, commercial, and industrial building solutions in North America and internationally.

Prudential

Market Cap: UK£26.7b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.

Korn Ferry

Market Cap: US$3.2b

Engages in the provision of organizational consulting services worldwide.

Globe Life

Market Cap: US$10.7b

Through its subsidiaries, provides various life and supplemental health insurance products to lower middle- and middle-income families in the United States.

Toyoda Gosei

Market Cap: €488.7b

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

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.

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.

Myer Holdings

Market Cap: €493.3m

Operates department stores in Australia and New Zealand.

Infotel

Market Cap: €241.4m

Designs, develops, markets, and maintains software solutions in the areas of security, performance, and management in France, rest of Europe, and the United States.

Man Wah Holdings

Market Cap: €17.4b

An investment holding company, engages in the manufacture and distribution of sofas and ancillary products in the People's Republic of China, Europe, Vietnam, Mexico, and internationally.

Persimmon

Market Cap: UK£3.6b

Operates as a house builder in the United Kingdom.

Andritz

Market Cap: €5.9b

Engages in the provision of industrial machinery, equipment, and services in Europe, North America, South America, China, Asia, Africa, Australia, and internationally.

Tokuyama

Market Cap: €267.9b

Produces and sells various chemical products in Japan.

Autoliv

Market Cap: €7.5b

Through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in the Americas, Europe, China, and Asia.

First Citizens BancShares

Market Cap: US$21.6b

Operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals in the United States and internationally.

Forward Air

Market Cap: €488.1m

Operates as an asset-light freight and logistics company in the United States, Mexico, Europe, Asia, and Canada.

Robert Walters

Market Cap: €55.3m

Provides professional recruitment consultancy services worldwide.

Slide Insurance Holdings

Market Cap: US$2.0b

Offers property and casualty insurance services in the United States.

Ameriprise Financial

Market Cap: US$39.8b

Operates as a diversified financial services company in the United States and internationally.

Aston Martin Lagonda Global Holdings

Market Cap: €371.6m

Engages in the design, development, manufacture, and marketing of luxury sports cars in the United Kingdom, the Americas, the Middle East, Africa, rest of Europe, and the Asia Pacific.

Corebridge Financial

Market Cap: €11.2b

Provides retirement solutions and insurance products in the United States.

Julius Bär Gruppe

Market Cap: US$11.4b

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

PENN Entertainment

Market Cap: €1.7b

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

Akzo Nobel

Market Cap: €8.2b

Produces and sells paints and coatings worldwide.

Tongcheng Travel Holdings

Market Cap: €44.9b

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

Barrett Business Services

Market Cap: US$704.2m

Provides business management solutions for small and mid-sized companies in the United States.

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.

Bidvest Group

Market Cap: €77.1b

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