Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Baoshan Iron & Steel

Market Cap: CN¥126.1b

Manufactures and sells steel products in China and internationally.

Aurelia Metals

Market Cap: AU$499.6m

Engages in the exploration and production of mineral properties in Australia.

Scotts Miracle-Gro

Market Cap: €3.5b

Engages in the manufacture, marketing, and sale of products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally.

ProCredit Holding

Market Cap: €475.9m

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

Sangoma Technologies

Market Cap: US$167.4m

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

NetEase

Market Cap: €579.1b

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.

TAURON Polska Energia

Market Cap: zł16.1b

Through its subsidiaries, generates, distributes, and supplies electricity and heat in Poland and the Czech Republic.

Indofood Sukses Makmur

Market Cap: €59.0t

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

Orsero

Market Cap: €255.4m

Imports and distributes fruits and vegetables in Europe, Latin America, and Central America.

Silgan Holdings

Market Cap: US$4.0b

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

Daiwa House Industry

Market Cap: €2.7t

Engages in the construction work business in Japan, the United States, and internationally.

Gecina

Market Cap: €5.4b

A leading operator that fully integrates all real estate expertise, owning, managing, and developing a unique prime portfolio valued at 17.6bn euros as at December 31, 2025.

Brambles

Market Cap: US$23.0b

Operates as a supply-chain logistics company.

Oji Holdings

Market Cap: €659.9b

Manufactures and sells pulp and paper products in Japan, China, rest of Asia, North and South America, Europe, Oceania, and internationally.

Bosideng International Holdings

Market Cap: €48.5b

Engages in the apparel business in the People’s Republic of China.

Concentra Group Holdings Parent

Market Cap: US$3.3b

Provides occupational health services in the United States.

Research Solutions

Market Cap: €72.0m

Through its subsidiaries, provides research cloud-based software-as-a-service software platform and related services to corporate, academic, government and individual researchers in the United States, Europe, and internationally.

Calfrac Well Services

Market Cap: US$613.6m

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

Red Rock Resorts

Market Cap: US$5.3b

Through its interest in Station Casinos LLC, develops and manages casino and entertainment properties in the United States.

Calfrac Well Services

Market Cap: CA$613.6m

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

Viva Wine Group

Market Cap: SEK 2.9b

Develops, markets, imports, and sells wines.

GE HealthCare Technologies

Market Cap: €29.3b

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.

Bayerische Motoren Werke

Market Cap: US$45.4b

Develops, manufactures, and sells automobiles and motorcycles, spare parts, and accessories worldwide.

Huron Consulting Group

Market Cap: US$1.6b

Provides global professional services in the United States and internationally.

Acrow

Market Cap: €249.2m

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

Valmet Oyj

Market Cap: €4.2b

Develops and supplies process technologies, automation, and services for the pulp, paper, and energy industries in North America, Latin America, EMEA, China, and Asia-Pacific.

Grupa Pracuj

Market Cap: zł3.0b

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

JOYY

Market Cap: US$2.8b

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

Lithia Motors

Market Cap: €6.3b

Operates as an automotive retailer in the United States, the United Kingdom, and Canada.

Sanofi

Market Cap: €92.3b

Engages in the research, development, manufacture, and marketing of therapeutic solutions.

Sword Group

Market Cap: €302.9m

Provides IT and software solutions in Luxembourg, Europe, and Asia.

OSB Group

Market Cap: UK£1.7b

Through its subsidiaries, operates as a specialist mortgage lending company in the United Kingdom and India.

Tristel

Market Cap: UK£184.5m

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

Westwing Group

Market Cap: €272.7m

Operates as an e-commerce retailer in the home and living sector.

Bayerische Motoren Werke

Market Cap: €45.4b

Develops, manufactures, and sells automobiles and motorcycles, spare parts, and accessories worldwide.