Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Semapa - Sociedade de Investimento e Gestão SGPS

Market Cap: €1.4b

Through its subsidiaries, produces and sells pulp, printing and writing papers, and tissues in Portugal, the rest of Europe, the United States, Africa, Asia, and Oceania.

Serabi Gold

Market Cap: CA$215.8m

Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.

Zevra Therapeutics

Market Cap: US$469.0m

A commercial-stage company, focuses on addressing unmet needs for the treatment of rare diseases in the United States.

Métropole Télévision

Market Cap: €1.5b

Operates as a multimedia group in France.

MINISO Group Holding

Market Cap: €6.0b

An investment holding company, engages in the retail and wholesale of design-led lifestyle and pop toy products in Mainland China, the rest of Asia, North and Latin America, Europe, and internationally.

Polar Capital Holdings

Market Cap: €494.6m

Polar Capital Holdings plc is a publicly owned investment manager.

q.beyond

Market Cap: €91.7m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

LKQ

Market Cap: US$7.9b

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.

TravelSky Technology

Market Cap: US$30.7b

Provides information technology (IT) solutions for the aviation and travel industries in the People’s Republic of China.

China Construction Bank

Market Cap: US$2.0t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

Firan Technology Group

Market Cap: CA$279.7m

Manufactures and sells aerospace and defense electronic products and subsystems in Canada, the United States, and China.

Silgan Holdings

Market Cap: US$4.2b

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

Tennant

Market Cap: US$1.4b

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

Torex Gold Resources

Market Cap: US$6.1b

Operates as an intermediate gold producer.

ACI Worldwide

Market Cap: US$4.9b

Develops, markets, installs, and supports software products and services for facilitating electronic payments in the United States and internationally.

Austal

Market Cap: US$2.6b

Engages in the design, manufacture, and support of vessels for commercial and defense customers in the United States, Australia, Europe, Asia, and South America.

Blue Bird

Market Cap: US$1.6b

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

Intrum

Market Cap: €5.0b

Provides payment solutions, and credit and collection services in Europe and internationally.

Primaris Real Estate Investment Trust

Market Cap: CA$1.8b

Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests primarily in enclosed shopping centres in Canadian markets.

Asahi Group Holdings

Market Cap: €2.6t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Iluka Resources

Market Cap: US$2.5b

Engages in the exploration, project development, mining, processing, marketing, and rehabilitation of mineral sands in Australia, China, rest of Asia, Europe, the Americas, and internationally.

Gildan Activewear

Market Cap: CA$12.4b

Manufactures and sells various apparel products.

BYD Electronic (International)

Market Cap: US$77.1b

An investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People’s Republic of China and internationally.

Halozyme Therapeutics

Market Cap: US$7.3b

A biopharmaceutical company, researches, develops, and commercializes of proprietary enzymes and devices in the United States and internationally.

Sabio Holdings

Market Cap: CA$14.6m

Operates as a technology provider in the advertising areas of connected TV (CTV) and over-the-top (OTT) streaming in the United States and the United Kingdom.

Sangoma Technologies

Market Cap: US$248.2m

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

Valeura Energy

Market Cap: €832.7m

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

Havas

Market Cap: €1.5b

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

Euroseas

Market Cap: US$386.3m

Provides ocean-going transportation services worldwide.

Skymark Airlines

Market Cap: €21.8b

Provides scheduled air transportation services.

Cardlytics

Market Cap: US$58.4m

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

Merck KGaA

Market Cap: US$51.2b

Operates as a science and technology company in Germany and internationally.

M.P. Evans Group

Market Cap: €649.9m

Through its subsidiaries, owns and develops oil palm plantations in Indonesia and Malaysia.

Robert Walters

Market Cap: €84.8m

Provides professional recruitment consultancy services worldwide.

GFT Technologies

Market Cap: €483.5m

Provides digital transformation services.