Global Potentially Undervalued Companies

Carrefour

Market Cap: €12.6b

Operates as a food retailer in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, 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.

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Security Bank

Market Cap: ₱51.7b

Provides banking and financial products and services to wholesale and retail clients in the Philippines.

Austevoll Seafood

Market Cap: NOK 19.3b

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.

Montrose Environmental Group

Market Cap: US$494.3m

Operates as an environmental services company in the United States, Canada, and internationally.

Senior

Market Cap: UK£516.2m

Designs, manufactures, and sells high-technology components and systems for the original equipment manufacturers in the aerospace, defense, land vehicle, and power and energy markets in North America, the United Kingdom, South Africa, India, China, and internationally.

Montea Comm. VA

Market Cap: €1.4b

Montea NV is a public regulated real estate company under Belgian law (GVV/SIR) that specializes in logistics real estate in Belgium, the Netherlands, France, and Germany.

Alaris Equity Partners Income Trust

Market Cap: €844.0m

A private equity firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, growth capital, and mature investments.

United Natural Foods

Market Cap: €1.5b

Distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada.

Crocs

Market Cap: €5.0b

Designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under the Crocs and HEYDUDE Brands in the United States and internationally.

Lenovo Group

Market Cap: €100.2b

An investment holding company, develops, manufactures, and markets technology products and services.

Alphabet

Market Cap: CHF 1.9t

Offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America.

Tennant

Market Cap: US$1.3b

Designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Card Factory

Market Cap: UK£315.7m

Operates as a specialist retailer of cards, gifts, and celebration essentials in the United Kingdom and internationally.

Deutsche Post

Market Cap: €41.2b

Operates as a mail and logistics company in Germany, rest of Europe, the Americas, the Asia Pacific, the Middle East, and Africa.

Trigano

Market Cap: €1.9b

Designs, manufactures, markets, and sells leisure vehicles for individuals and professionals in Europe.

GL Events

Market Cap: €614.2m

Provides venues and offices for events.

Orion Group Holdings

Market Cap: US$228.9m

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

Central Asia Metals

Market Cap: €279.7m

Operates as a base metals producer.

AIB Group

Market Cap: €12.8b

Provides banking and financial products and services to retail, business, and corporate customers in the Republic of Ireland, the United Kingdom, and internationally.

Hokkaido Electric Power Company

Market Cap: €132.5b

Generates, transmits, and distributes electricity in Japan.

Polar Capital Holdings

Market Cap: €353.8m

Polar Capital Holdings plc is a publicly owned investment manager.

Otsuka Holdings

Market Cap: €3.6t

Engages in the pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide.

Metropolitan Bank Holding

Market Cap: US$599.4m

Operates as the bank holding company for Metropolitan Commercial Bank that provides a range of business, commercial, and retail banking products and services.

M.P. Evans Group

Market Cap: €513.0m

Through its subsidiaries, engages in the ownership and development of oil palm plantations in Indonesia and Malaysia.

MONY Group

Market Cap: UK£1.0b

Engages in the provision of price comparison and lead generation services through its websites and applications in the United Kingdom.

Banca IFIS

Market Cap: €1.1b

Provides financial services and solutions for enterprises.

1st Source

Market Cap: US$1.4b

Operates as the bank holding company for 1st Source Bank that provides commercial and consumer banking services, trust and wealth advisory services, and insurance products to individual and business clients in the United States.

Vanquis Banking Group

Market Cap: €155.8m

Engages in the provision of personal credit products to the non-standard lending market in the United Kingdom and the Republic of Ireland.

AB Volvo

Market Cap: US$511.1b

Manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, the United States, Asia, Africa, and Oceania.

Plumas Bancorp

Market Cap: US$236.2m

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 Northeastern California and Northwestern Nevada.

MGM Resorts International

Market Cap: US$8.1b

Through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally.

Enovis

Market Cap: US$1.8b

Operates as a medical technology company focus on developing clinically differentiated solutions in the United States and internationally.

Ag Growth International

Market Cap: CA$605.4m

Manufactures and distributes equipment for bulk agriculture commodities worldwide.

Grand Pharmaceutical Group

Market Cap: €19.5b

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.