Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

China Tower

Market Cap: €191.8b

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

TAKKT

Market Cap: €232.7m

Operates as a B2B direct marketing company for business equipment in Europe and North America.

Wesdome Gold Mines

Market Cap: €3.3b

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

Indofood Sukses Makmur

Market Cap: €61.9t

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

PENN Entertainment

Market Cap: €1.7b

Provides integrated entertainment, sports content, and casino gaming experiences.

Sabio Holdings

Market Cap: CA$18.9m

Operates as a technology provider in the advertising areas of connected TV (CTV) and over-the-top (OTT) streaming in the United States and the United Kingdom.

Grand Pharmaceutical Group

Market Cap: €27.1b

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.

Semapa - Sociedade de Investimento e Gestão SGPS

Market Cap: €1.8b

Through its subsidiaries, produces and sells pulp, printing and writing papers, and tissues in Portugal, the rest of Europe, the United States, Africa, Asia, and Oceania.

American Integrity Insurance Group

Market Cap: €359.4m

Operates as an insurance company.

MINISO Group Holding

Market Cap: €5.7b

An investment holding company, engages in the retail and wholesale of design-led lifestyle and pop toy products in Mainland China, the rest of Asia, North and Latin America, Europe, and internationally.

Blue Bird

Market Cap: US$1.7b

Designs, engineers, manufactures, and sells school buses in the United States, Canada, and internationally.

Ernst Russ

Market Cap: €245.9m

A publicly owned investment manager.

Cardlytics

Market Cap: US$47.7m

Operates an advertising platform in the United States and the United Kingdom.

BYD Electronic (International)

Market Cap: US$74.0b

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.

Oracle Corporation Japan

Market Cap: €1.2t

Provides software, hardware, and cloud products and solutions in Japan.

Skymark Airlines

Market Cap: €23.4b

Provides scheduled air transportation services.

Havas

Market Cap: €1.6b

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

Asahi Group Holdings

Market Cap: €2.4t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Tongcheng Travel Holdings

Market Cap: €51.5b

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

CEWE Stiftung KGaA

Market Cap: €687.2m

Operates as a photo service and online printing provider in Germany and internationally.

Pegasystems

Market Cap: €6.8b

Develops, markets, licenses, hosts, and supports enterprise software in the United States, rest of the Americas, the United Kingdom, rest of Europe, the Middle East, Africa, and the Asia-Pacific.

Pearson

Market Cap: €5.7b

Provides educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally.

Science Applications International

Market Cap: €4.4b

Provides technical, engineering, and enterprise information technology (IT) services in the United States.

Cheerwin Group

Market Cap: €3.1b

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.

Pepper Money

Market Cap: €809.0m

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

q.beyond

Market Cap: €102.2m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

Arnoldo Mondadori Editore

Market Cap: €542.5m

Engages in publishing of books and magazines in Italy, rest of Europe, and the United States.

Flowco Holdings

Market Cap: US$2.0b

Through its subsidiaries, provides production optimization, artificial lift, and methane abatement solutions for the oil and natural gas industry in the United States.

M.P. Evans Group

Market Cap: €681.4m

Through its subsidiaries, owns and develops oil palm plantations in Indonesia and Malaysia.

Geely Automobile Holdings

Market Cap: US$172.4b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

NETGEAR

Market Cap: US$595.0m

Provides connectivity solutions the Americas; Europe, the Middle East, Africa; and the Asia Pacific.

Torex Gold Resources

Market Cap: US$6.5b

Operates as an intermediate gold producer.

Hikma Pharmaceuticals

Market Cap: €3.6b

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

GEO Group

Market Cap: €2.1b

The GEO Group, Inc. (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom.

On the Beach Group

Market Cap: €316.6m

Operates as an online retailer of short haul beach holidays under the On the Beach brand name in the United Kingdom.