Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

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.

Axalta Coating Systems

Market Cap: US$6.6b

Through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Acrow

Market Cap: AU$320.3m

Provides smart integrated construction systems across formwork, industrial services, and commercial scaffolding in Australia.

Hu Lane Associate

Market Cap: NT$16.2b

Engages in manufacture and sale of terminal devices, terminal crimping, industrial rubber, and plastic products in Taiwan.

Ningbo Deye Technology Group

Market Cap: CN¥51.7b

Engages in the production and sales of heat exchangers, inverters, and dehumidifiers in South Africa, Brazil, Hongkong, Germany, India, and internationally.

Tsingtao Brewery

Market Cap: HK$85.4b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥12.2b

Manufactures and sells steel structures and supporting products in China and internationally.

Proya CosmeticsLtd

Market Cap: CN¥33.3b

A beauty and personal care company, researches, develops, produces, and sells cosmetics in China.

Shenzhen Transsion Holdings

Market Cap: CN¥94.2b

Provides smart devices and mobile services in Africa, South and Southeast Asia, the Middle East, Latin America, and internationally.

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.8b

Produces and sells seasoning products in China and internationally.

LX Semicon

Market Cap: ₩884.8b

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

Ganyuan Foods

Market Cap: CN¥5.3b

Engages in the research and development, production, and sale of snack foods in China.

China Mengniu Dairy

Market Cap: HK$63.6b

An investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People’s Republic of China and internationally.

Select Harvests

Market Cap: AU$545.7m

Engages in the growing, processing, packaging, and selling of almonds and its by-products in Australia.

Sinoma International EngineeringLtd

Market Cap: CN¥24.2b

Engages in the engineering, equipment manufacture and supply, and other businesses in China and internationally.

Beijing New Building Materials

Market Cap: CN¥45.3b

Manufactures and sells building materials in China and internationally.

Trajan Group Holdings

Market Cap: AU$140.2m

Develops, manufactures, sells, and distributes analytical and life science products and devices in Australia, New Zealand, Malaysia, Japan, the United States, Europe, the Middle East, Africa, and India.

Shenzhen Fuanna Bedding and FurnishingLtd

Market Cap: CN¥6.1b

Engages in the research and development, design, production, and sale of textile home furnishing, sleep home furnishing, and living products in China and internationally.

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥22.5b

Designs, develops, manufactures, sells, and supplies auto parts in China.

Middle East Healthcare

Market Cap: ر.س5.3b

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

CellaVision

Market Cap: SEK 3.8b

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

Arcadis

Market Cap: €3.6b

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

Amneal Pharmaceuticals

Market Cap: €3.0b

A global biopharmaceutical company, develops, manufactures, markets, and distributes generics, injectables, biosimilars, and specialty branded pharmaceutical products worldwide.

Valeura Energy

Market Cap: €875.4m

Engages in the exploration, development, and production of petroleum and natural gas in Thailand and in Turkey.

Torex Gold Resources

Market Cap: US$3.7b

Operates as an intermediate gold producer.

Rainbow Tours

Market Cap: €2.1b

Operates as a tour operator in Poland, the Czech Republic, Greece, Spain, Turkey, Slovakia, Lithuania, and internationally.

Ribbon Communications

Market Cap: US$685.3m

Provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally.

Vestis

Market Cap: US$617.0m

Provides uniform rentals and workplace supplies in the United States and Canada.

Plumas Bancorp

Market Cap: US$287.7m

Operates as the bank holding company for the Plumas Bank that provides various banking products and services for small and middle market businesses and individuals in California, Nevada, and Oregon.

Cosmo Pharmaceuticals

Market Cap: CHF 910.1m

Focuses on the development and commercialization products for gastroenterology, dermatology, and healthtech worldwide.

lastminute.com

Market Cap: CHF 169.0m

Operates in the online travel industry providing dynamic holiday packages in Italy, Spain, the United Kingdom, France, Germany, and internationally.

ACI Worldwide

Market Cap: US$4.8b

Develops, markets, installs, and supports software products and services for facilitating electronic payments in the United States and internationally.

Austriacard Holdings

Market Cap: €204.7m

Operates as a technology company in the fields of people, authentication of object, and information management in Western Europe, Nordics, the Americas, Central and Eastern Europe, Germany, Austria, Switzerland, Türkiye, the Middle East, and Africa.

Acrow

Market Cap: €320.3m

Provides smart integrated construction systems across formwork, industrial services, and commercial scaffolding in Australia.

ProCredit Holding

Market Cap: €541.9m

Provides commercial banking products and services for small and medium enterprises and private customers in Europe, South America, and Germany.