Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Hoenle

Market Cap: €57.2m

Develops, manufactures, and distributes industrial UV technologies and systems in Germany and internationally.

Aston Martin Lagonda Global Holdings

Market Cap: UK£402.1m

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.

Champion Iron

Market Cap: US$2.6b

Engages in the acquisition, exploration, development, and production of iron ore properties in Canada.

GFT Technologies

Market Cap: €469.8m

Provides digital transformation services.

Bertrandt

Market Cap: €174.8m

Provides engineering services.

Atalaya Mining Copper

Market Cap: €1.3b

Engages in the mineral exploration and development in Spain.

Banca IFIS

Market Cap: €1.4b

Provides financial services and solutions for enterprises.

Euroseas

Market Cap: US$444.5m

Provides ocean-going transportation services worldwide.

Aegon

Market Cap: €9.0b

Provides insurance, pensions, retirement, and asset management services in the Americas, the Netherlands, the United Kingdom, and internationally.

MINISO Group Holding

Market Cap: €5.1b

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.

Geely Automobile Holdings

Market Cap: US$187.7b

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

Gecina

Market Cap: €5.1b

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.

XP

Market Cap: US$9.4b

Provides financial products and services in Brazil.

Tongcheng Travel Holdings

Market Cap: €44.8b

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

Sabio Holdings

Market Cap: CA$16.2m

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.

Sangoma Technologies

Market Cap: US$204.3m

Develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications in the United States of America and internationally.

Grupa Pracuj

Market Cap: €2.6b

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

Cooper-Standard Holdings

Market Cap: €516.1m

Through its subsidiary, manufactures sealing systems and fluid handling systems in the North America, Europe, the Asia Pacific, and the South America.

Capital Bancorp

Market Cap: US$475.0m

Operates as the bank holding company for Capital Bank, N.A.

Barrett Business Services

Market Cap: US$693.1m

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

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.

Globe Life

Market Cap: US$10.9b

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

Highwood Asset Management

Market Cap: CA$71.6m

Together with its subsidiary, operates as an oil and gas exploration and production company in Canada.

Brinker International

Market Cap: €6.3b

Owns, develops, operates, and franchises casual dining restaurants in the United States and internationally.

Herc Holdings

Market Cap: US$3.6b

Operates as an equipment rental supplier in the United States and internationally.

Robert Walters

Market Cap: UK£61.2m

Provides professional recruitment consultancy services worldwide.

Wesdome Gold Mines

Market Cap: €3.8b

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

PENN Entertainment

Market Cap: €1.8b

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

Science Applications International

Market Cap: €4.1b

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

Ameriprise Financial

Market Cap: US$40.3b

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

High Tide

Market Cap: CA$298.7m

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

Northam Platinum Holdings

Market Cap: €136.1b

Through its subsidiary, Northam Platinum Limited, engages in the production and sale of platinum group metals.

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.

Bilia

Market Cap: SEK 11.5b

Operates as a full-service supplier for car ownership in Sweden, Norway, Luxemburg, and Belgium.

Brunswick

Market Cap: US$4.5b

Designs, manufactures, and markets recreation products in the United States, Europe, the Asia-Pacific, Canada, and internationally.