Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Sanofi

Market Cap: €92.3b

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

Grafton Group

Market Cap: €1.6b

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

Howden Joinery Group

Market Cap: UK£4.1b

Supplies various kitchen, joinery, and hardware products in the United Kingdom, France, Belgium, and the Republic of Ireland.

Prudential

Market Cap: UK£28.3b

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

Piraeus Bank

Market Cap: €10.5b

Provides various banking products and services in Greece, Europe, and internationally.

CENIT

Market Cap: €64.1m

Provides software solutions and integration services.

Accenture

Market Cap: €110.0b

Provides strategy and consulting, industry X, song, and technology and operation services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

GFT Technologies

Market Cap: €570.1m

Provides digital transformation services.

Forbo Holding

Market Cap: CHF 1.0b

Engages in the production and sell of floor coverings, building and construction adhesives, and belt for power transmission and conveyor technology worldwide.

SBM Offshore

Market Cap: €5.9b

Provides floating production solutions to the offshore energy industry worldwide.

Wesdome Gold Mines

Market Cap: €3.9b

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

Intred

Market Cap: €142.6m

A telecommunications operator, provides data and voice services in Italy.

Travel + Leisure

Market Cap: €4.1b

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

Sword Group

Market Cap: €302.9m

Provides IT and software solutions in Luxembourg, Europe, and Asia.

Heidelberg Materials

Market Cap: €30.8b

Produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide.

Pentair

Market Cap: €12.1b

Provides various water solutions in the United States, Western Europe, China, Latin America, the Middle East, Southeast Asia, Australia, and Canada.

PORR

Market Cap: €1.3b

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

Alkane Resources

Market Cap: CA$2.0b

Operates as a gold exploration and production company in Australia.

ENEA

Market Cap: €10.7b

Generates, transmits, distributes, and trades in electricity in Poland.

Montea Comm. VA

Market Cap: €1.6b

A listed real estate company under Belgian law that specializes in logistics property in Belgium, the Netherlands, France, and Germany.

Grupa Pracuj

Market Cap: zł3.0b

Operates HR technology platform in Poland, Ukraine, and Germany.

DEUTZ

Market Cap: €1.5b

Engages in the development, production, distribution, maintenance, and servicing of diesel and gas engines in Germany, Rest of Europe, the Middle East, Africa, the Asia Pacific, and the United States.

China Hongqiao Group

Market Cap: €292.1b

An investment holding company, manufactures and sells aluminum products in the People's Republic of China, India, Europe, Malaysia, North America, the rest of Southeast Asia, and internationally.

Atmus Filtration Technologies

Market Cap: US$4.0b

Designs, manufactures, and sells filtration products under the Fleetguard brand in the United States and internationally.

High Tide

Market Cap: US$290.1m

Engages in the cannabis retail business in Canada, the United States, and internationally.

Arcadis

Market Cap: €3.0b

Engages in the design, engineering, architecture, and consultancy solutions for natural and built assets in The Americas, Europe, the Middle East, and the Asia Pacific.

Man Wah Holdings

Market Cap: €13.9b

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

NetEase

Market Cap: €579.1b

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.

CellaVision

Market Cap: SEK 2.9b

Develops and sells instruments, software, and reagents for blood and body fluids analysis in Sweden and internationally.

Grupa Pracuj

Market Cap: €3.0b

Operates HR technology platform in Poland, Ukraine, and Germany.

Calfrac Well Services

Market Cap: US$605.5m

Provides specialized oilfield services in Canada, the United States, and Argentina.

Tongcheng Travel Holdings

Market Cap: €34.4b

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

Gecina

Market Cap: €5.4b

A leading operator that fully integrates all real estate expertise, owning, managing, and developing a unique prime portfolio valued at 17.6bn euros as at December 31, 2025.

Viva Wine Group

Market Cap: SEK 2.9b

Develops, markets, imports, and sells wines.

GE HealthCare Technologies

Market Cap: €29.2b

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.