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.

Solid World Group

Market Cap: €19.5m

Provides a range of software products, scanners, and 3D printers that assists the design, prototyping, and production of industrial products in Italy.

Summerset Group Holdings

Market Cap: AU$2.7b

Develops, owns, and operates integrated retirement villages in New Zealand and Australia.

China Tower

Market Cap: HK$192.3b

Provides telecommunication tower infrastructure services in the People's Republic of China.

MCNEX

Market Cap: ₩389.9b

Manufactures and sells camera modules in South Korea and internationally.

Anhui Conch Cement

Market Cap: US$136.3b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

Sao Ta Foods

Market Cap: ₫2.2t

Engages in farming, processing, and preserving aquatic products.

Vietnam International Commercial Bank

Market Cap: ₫54.2t

Provides banking products and services to organizations and individuals.

Samsung C&T

Market Cap: ₩17.7t

Engages in the engineering and construction, trading and investment, fashion, and resort businesses in South Korea, Europe, the Middle East, Africa, the Asia Pacific, and the Americas.

Wus Printed Circuit (Kunshan)

Market Cap: CN¥50.7b

Engages in the research, development, design, manufacture, and sale of printed circuit boards in China.

AME Elite Consortium Berhad

Market Cap: RM 971.4m

An investment holding company, engages in the design, development, and construction of manufacturing plants and industrial parks in Malaysia.

COSCO SHIPPING Ports

Market Cap: HK$15.3b

An investment holding company, manages and operates ports and terminals in Mainland China, Hong Kong, Europe, and internationally.

Adairs

Market Cap: AU$374.6m

Operates as a specialty retailer of home furnishings, furniture, and decoration products in Australia and New Zealand.

F&F

Market Cap: ₩2.4t

Manufactures and sells sewn wearing apparels in South Korea.

HAESUNG DS

Market Cap: ₩397.0b

Manufactures and sells semiconductor components in South Korea and internationally.

Beijing New Building Materials

Market Cap: CN¥49.2b

Manufactures and sells building materials in China and internationally.

China Resources Power Holdings

Market Cap: HK$95.8b

An investment holding company, invests in, develops, operates, and manages power plants and coal mines in the People’s Republic of China.

Inner Mongolia MengDian HuaNeng Thermal Power

Market Cap: CN¥26.6b

Engages in thermal power generation business.

Santos

Market Cap: AU$17.8b

Explores, develops, produces, transports, and markets hydrocarbons in Australia and Papua New Guinea.

Jiangshan Oupai Door Industry

Market Cap: CN¥2.5b

Engages in the research, development, manufacture, processing, sale, and service of wooden doors in China and internationally.

LX Semicon

Market Cap: ₩813.2b

Operates as a semiconductor company in South Korea, China, Vietnam, Taiwan, Japan, and internationally.

China Resources Land

Market Cap: HK$191.1b

An investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China.

China Overseas Property Holdings

Market Cap: HK$17.2b

An investment holding company, provides property management services in Hong Kong, Macau, and Mainland China.

Middle East Healthcare

Market Cap: ر.س5.9b

A healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Middle East and North Africa.

Daido Steel

Market Cap: JP¥206.8b

Manufactures and sells steel products in Japan and internationally.

Security Bank

Market Cap: ₱51.7b

Provides banking and financial products and services to wholesale and retail clients in the Philippines.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥36.7b

Manufactures and sells power distribution and utilization systems in China and internationally.

Guangdong Mingyang ElectricLtd

Market Cap: CN¥12.2b

Engages in the research, development, production, and sale of high/low voltage switchgear, transformer, and power transmission and distribution equipment in China.

KMD Brands

Market Cap: AU$238.4m

Designs, markets, wholesales, and retails apparel, footwear, and equipment for surfing and the outdoors under the Kathmandu, Rip Curl, and Oboz brands in New Zealand, Australia, North America, Europe, Southeast Asia, and Brazil.

Srisawad Corporation

Market Cap: ฿43.8b

Provides financial services in Thailand and internationally.

Hoa Phat Group

Market Cap: ₫163.1t

Produces and sells steel products in Vietnam.

Emaar Properties PJSC

Market Cap: د.إ108.7b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

Otsuka Holdings

Market Cap: JP¥3.5t

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

CITIC

Market Cap: HK$257.2b

Operates in financial services, advanced intelligent manufacturing, advanced materials, consumption, urbanization, resources and energy, and engineering contracting businesses worldwide.