Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Euroseas

Market Cap: US$497.9m

Provides ocean-going transportation services worldwide.

JOYY

Market Cap: US$2.9b

Engages in the provision of social product matrix and communication technology.

High Tide

Market Cap: US$292.7m

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

Geely Automobile Holdings

Market Cap: US$247.3b

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

Gap

Market Cap: US$9.0b

Operates as an apparel retail company in the United States, Canada, Japan, Taiwan, and internationally.

Banca IFIS

Market Cap: €1.4b

Provides financial services and solutions for enterprises.

ACI Worldwide

Market Cap: US$4.4b

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

LKQ

Market Cap: US$7.3b

Engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories.

TravelSky Technology

Market Cap: US$28.3b

Provides information technology (IT) solutions for the aviation and travel industries in the People’s Republic of China.

Sangoma Technologies

Market Cap: US$191.0m

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

Prudential

Market Cap: UK£27.5b

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

Military Commercial Bank

Market Cap: ₫209.8t

Provides banking products and services in Vietnam.

Howden Joinery Group

Market Cap: UK£4.2b

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

Mears Group

Market Cap: UK£340.3m

Provides various outsourced services to the public and private sectors in the United Kingdom.

Banco Latinoamericano de Comercio Exterior S. A

Market Cap: US$2.0b

Banco Latinoamericano de Comercio Exterior, S.

China Life Insurance

Market Cap: US$1.1t

Operates as a life insurance company in the People’s Republic of China.

XP

Market Cap: US$9.9b

Provides financial products and services in Brazil.

Babcock International Group

Market Cap: UK£5.4b

Engages in the design, development, manufacture, and integration of specialist systems for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally.

Silgan Holdings

Market Cap: US$4.2b

Manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally.

Calfrac Well Services

Market Cap: CA$543.3m

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

BRP

Market Cap: CA$5.6b

Designs, develops, manufactures, and sells powersports vehicles and marine products in the United States, Canada, Europe, Asia Pacific, Latin America, and internationally.

SAP

Market Cap: US$169.9b

Provides enterprise application and business solutions worldwide.

Amphastar Pharmaceuticals

Market Cap: US$974.4m

A bio-pharmaceutical company, develops, manufactures, markets, and sells generic and proprietary injectable, inhalation, and intranasal products in the United States, China, and France.

Imperial Brands

Market Cap: UK£21.8b

Manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, the Asia, Australasia, and internationally.

Abercrombie & Fitch

Market Cap: US$3.8b

Through its subsidiaries, operates as an omnichannel retailer in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Wienerberger

Market Cap: €2.7b

Produces and sells clay blocks, facing bricks, roof tiles, and ceramic pavers in Europe West, Europe East, and North America.

Forward Air

Market Cap: €673.1m

Operates as an asset-light freight and logistics company in the United States, Mexico, Europe, Asia, and Canada.

Acrow

Market Cap: €271.1m

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

Arcos Dorados Holdings

Market Cap: €1.8b

Operates as a franchisee of McDonald’s restaurants.

Mears Group

Market Cap: €340.3m

Provides various outsourced services to the public and private sectors in the United Kingdom.

Duc Giang Chemicals Group

Market Cap: ₫20.4t

Manufactures industrial products in Vietnam.

Pentair

Market Cap: €12.8b

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

Arjo

Market Cap: SEK 6.6b

Develops and sells medical devices and solutions for patients for clinical and financial outcomes for healthcare in Europe, Asia, Latin America, Africa, and the Pacific.

GE HealthCare Technologies

Market Cap: €27.8b

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.

SergeFerrari Group

Market Cap: €74.3m

Designs, develops, manufactures, and markets composite materials for lightweight architectural and outdoor applications in France and internationally.