Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Carrefour

Market Cap: €12.6b

Engages in the operation of stores that offer food and non-food products in various formats and channels in France, Spain, Italy, Belgium, Poland, Romania, Brazil, and Argentina, as well as in the Middle East, Africa, and Asia.

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.

China Resources Power Holdings

Market Cap: HK$94.3b

An investment holding company, invests in, develops, operates, and manages power plants and coal mines in the People’s Republic of China.

Beijing New Building Materials

Market Cap: CN¥51.1b

Manufactures and sells building materials in China and internationally.

LX Semicon

Market Cap: ₩936.8b

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

DFI Retail Group Holdings

Market Cap: US$3.1b

Operates as a retailer in Asia.

Metcash

Market Cap: AU$3.3b

Operates as a wholesale distribution and marketing company in Australia.

JNBY Design

Market Cap: HK$7.7b

Engages in the design, marketing, retail, and sale of fashion apparels, accessory products, and household goods in the People’s Republic of China and internationally.

COSCO SHIPPING Ports

Market Cap: HK$17.4b

An investment holding company, manages and operates ports and terminals in Mainland China, Hong Kong, Europe, and internationally.

Sportsman's Warehouse Holdings

Market Cap: US$42.1m

Operates as an outdoor sporting goods retailer in the United States.

Shenzhen YHLO Biotech

Market Cap: CN¥9.8b

Researches, develops, produces, sells, and services in vitro diagnostic instruments and reagents in China and internationally.

Steelcase

Market Cap: €1.2b

Provides a portfolio of furniture and architectural products and services in the United States and internationally.

Capgemini

Market Cap: €25.0b

Engages in the provision of consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

Intron Technology Holdings

Market Cap: €1.9b

An investment holding company, operates as an automotive electronics solutions provider in Hong Kong, the Mainland China, and internationally.

Macfarlane Group

Market Cap: UK£160.9m

Through its subsidiaries, designs, manufactures, and distributes protective packaging products to businesses in the United Kingdom and Europe.

Orion Group Holdings

Market Cap: US$216.8m

Operates as a specialty construction company in the infrastructure, industrial, and building sectors in the United States, Alaska, Hawaii, Canada, and the Caribbean Basin.

Transcontinental

Market Cap: CA$1.6b

Engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, and internationally.

Amneal Pharmaceuticals

Market Cap: €2.7b

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

Morgan Advanced Materials

Market Cap: €603.0m

Operates as a materials science and application engineering company primarily the United Kingdom.

Austevoll Seafood

Market Cap: NOK 19.9b

A seafood company, engages in the production of salmon and trout, white fish, and pelagic in Norway, the European Union, the United Kingdom, Eastern Europe, Africa, North America, Asia, and South America.

Ecora Resources

Market Cap: €153.1m

Operates as a natural resource royalty and streaming company in Australia, North and South America, Europe, and internationally.

Fortune Brands Innovations

Market Cap: US$7.6b

Engages in the provision of home and security products for residential home repair, remodeling, new construction, and security applications in the United States and internationally.

Morgan Advanced Materials

Market Cap: UK£603.0m

Operates as a materials science and application engineering company primarily the United Kingdom.

Oshkosh

Market Cap: US$6.2b

Provides purpose-built vehicles and equipment worldwide.

ACT Energy Technologies

Market Cap: CA$182.1m

Provides directional drilling services to oil and natural gas companies in Canada and the United States.

WESCO International

Market Cap: US$7.9b

Provides business-to-business distribution, logistics services, and supply chain solutions in the United States, Canada, and internationally.

Korn Ferry

Market Cap: US$3.5b

Engages in the provision of organizational consulting services worldwide.

Eolus Vind

Market Cap: €1.4b

Primarily engages in the development, construction, and operation of renewable energy assets in Sweden, Norway, Finland, the United States, Poland, Spain, and the Baltic states.

Autoliv

Market Cap: US$7.0b

Through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in Europe, the Americas, China, Japan, and rest of Asia.

Tokuyama

Market Cap: €208.1b

Produces and sells various chemical products in Japan.

Whitecap Resources

Market Cap: US$5.1b

Engages in the acquisition, development, and production of petroleum and natural gas properties and assets in Western Canada.

Murphy Oil

Market Cap: US$3.8b

Operates as an oil and gas exploration and production company in the United States, Canada, and internationally.

Merchants Bancorp

Market Cap: US$1.7b

Operates as the diversified bank holding company in the United States.

Tristel

Market Cap: UK£155.0m

Develops, manufactures, and sells infection prevention products in the United Kingdom, Australia, Germany, Western Europe, and internationally.

Embracer Group

Market Cap: SEK 23.3b

Develops and publishes PC, console, mobile, VR, and board games for the games market worldwide.