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.

Nissui

Market Cap: JP¥284.2b

Engages in marine, food products, fine chemicals, distribution, and marine-related/engineering businesses in Japan and internationally.

Future

Market Cap: JP¥162.4b

Provides IT consulting and services primarily in Japan.

Dai Nippon Printing

Market Cap: JP¥1.0t

Primarily engages in the printing business.

Tokyo Century

Market Cap: JP¥756.7b

Provides equipment leasing, mobility and fleet management, specialty financing, and international businesses in Japan, the United States, Ireland, The United Kingdom, Germany, Singapore, Malaysia, Thailand, China, the Philippines, Panama, Mexico, Brazil, and internationally.

Solid World Group

Market Cap: €28.4m

Provides a range of software products, scanners, and 3D printers that assists the design, prototyping, and production of industrial products in Italy.

Lenovo Group

Market Cap: €148.1b

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

Argan

Market Cap: €1.6b

Engages in designing, building, developing, owning, leasing, and managing logistical platforms in France.

Gecina

Market Cap: €6.4b

As a specialist for centrality and uses, Gecina operates innovative and sustainable living spaces.

Fomento de Construcciones y Contratas

Market Cap: €4.9b

Engages in the environmental services, water management, infrastructure development, and real estate businesses in Europe and internationally.

Comer Industries

Market Cap: €811.0m

Designs and produces engineering systems and mechatronic solutions for power transmission applications in Italy and internationally.

Woodside Energy Group

Market Cap: US$43.4b

Engages in the exploration, evaluation, development, production, marketing, and sale of hydrocarbons in the Asia Pacific, Africa, the Americas, and the Europe.

Ultimate Products

Market Cap: UK£65.7m

Supplies branded household products in the United Kingdom, Germany, Rest of Europe, and internationally.

Ag Growth International

Market Cap: CA$687.5m

Manufactures and sells equipment for the agriculture industry in Canada, the United States, and internationally.

Casta Diva Group

Market Cap: €22.8m

Operates as a communication company in Italy and internationally.

Alaris Equity Partners Income Trust

Market Cap: €880.0m

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

Griffon

Market Cap: US$3.3b

Through its subsidiaries, provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally.

HMC Capital

Market Cap: €3.0b

Owns and manages real estate focused funds in Australia.

ProCredit Holding

Market Cap: €594.9m

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

East West Bancorp

Market Cap: US$12.2b

Operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States.

Montrose Environmental Group

Market Cap: US$541.2m

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

Red Rock Resorts

Market Cap: US$4.6b

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

q.beyond

Market Cap: €96.9m

Engages in the cloud, SAP, Microsoft, data intelligence, security, and software development business in Germany and internationally.

Crocs

Market Cap: €5.8b

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.

Menicon

Market Cap: €100.9b

Manufactures and sells contact lenses and lens care products.

Timken

Market Cap: €5.2b

Designs, manufactures, and sells engineered bearings and industrial motion products, and related services in the United States and internationally.

Sangoma Technologies

Market Cap: US$221.7m

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

Energean

Market Cap: UK£1.5b

Engages in the exploration, production, and development of oil and gas.

MGM Resorts International

Market Cap: US$9.1b

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

Bosideng International Holdings

Market Cap: €47.3b

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

Hostelworld Group

Market Cap: €154.5m

Operates as an online travel agent focused on the hostel market worldwide.

Fortrea Holdings

Market Cap: €869.5m

A contract research organization, provides biopharmaceutical product and medical device development solutions to pharmaceutical, biotechnology, and medical device customers worldwide.

Oshkosh

Market Cap: US$6.2b

Provides purpose-built vehicles and equipment worldwide.

ACT Energy Technologies

Market Cap: CA$176.0m

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