Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Carnival Corporation &

Market Cap: €33.5b

A cruise company, provides leisure travel services in North America, Australia, Europe, and internationally.

CDW

Market Cap: €18.6b

Provides information technology (IT) solutions in the United States, the United Kingdom, and Canada.

Fortune Brands Innovations

Market Cap: US$6.0b

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.

Axalta Coating Systems

Market Cap: US$6.3b

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.

Cheniere Energy

Market Cap: €44.1b

An energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States.

KBR

Market Cap: US$5.2b

Provides scientific, technology, and engineering solutions to governments and commercial customers worldwide.

Rithm Capital

Market Cap: US$6.3b

Operates as an asset manager focused on real estate, credit, and financial services in the United States.

Origin Enterprises

Market Cap: €396.8m

Provides agronomy services company in Ireland, the United Kingdom, Brazil, Poland, Romania, Latin America, and internationally.

F5

Market Cap: €13.9b

Provides multicloud application security and delivery solutions in the United States, Europe, the Middle East, Africa, and the Asia Pacific region.

Crown Castle

Market Cap: US$38.9b

Crown Castle owns, operates and leases approximately 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S.

Cardlytics

Market Cap: US$64.9m

Operates an advertising platform in the United States and the United Kingdom.

GFT Technologies

Market Cap: €472.4m

Provides digital transformation services.

Sendas Distribuidora

Market Cap: R$12.6b

Engages in the retail and wholesale sale of food products, bazaar items, and other products in Brazil.

Indofood Sukses Makmur

Market Cap: €65.2t

Operates as a food solutions company in Indonesia, the Middle East, Africa, the rest of Asia, and internationally.

Thryv Holdings

Market Cap: US$249.3m

Provides digital marketing solutions and cloud-based tools to the small-to-medium-sized businesses in the United States.

PTC

Market Cap: US$20.7b

Operates as software company in the Americas, Europe, and the Asia Pacific.

Grupa Pracuj

Market Cap: €3.7b

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

Torex Gold Resources

Market Cap: US$6.1b

Operates as an intermediate gold producer.

LKQ

Market Cap: US$7.6b

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.

Beazley

Market Cap: €4.7b

Provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, 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.

Intertek Group

Market Cap: US$7.1b

Provides quality assurance solutions to various industries in the United Kingdom, the United States, China, Australia, and internationally.

Quanex Building Products

Market Cap: US$571.6m

Provides components for the fenestration industry in the United States, Europe, Canada, Asia, and internationally.

Korn Ferry

Market Cap: US$3.5b

Engages in the provision of organizational consulting services worldwide.

TAKKT

Market Cap: €248.1m

Operates as a B2B direct marketing company for business equipment in Europe and North America.

Valeura Energy

Market Cap: €736.7m

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

Mitek Systems

Market Cap: US$411.7m

Provides mobile image capture and digital identity verification solutions worldwide.

Blue Bird

Market Cap: US$1.6b

Designs, engineers, manufactures, and sells school buses in the United States, Canada, and internationally.

Capital Bancorp

Market Cap: US$463.9m

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

Havas

Market Cap: €1.4b

Provides communications and marketing services in France, the United Kingdom, rest of Europe, North America, Latin America, the Asia-Pacific, and Africa.

Sangoma Technologies

Market Cap: US$241.6m

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

Uber Technologies

Market Cap: €173.9b

Develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

Akzo Nobel

Market Cap: €9.4b

Produces and sells paints and coatings worldwide.

Alaris Equity Partners Income Trust

Market Cap: €885.5m

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

Wesdome Gold Mines

Market Cap: €3.2b

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