Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

BRP

Market Cap: €5.6b

Designs, develops, manufactures, and sells powersports vehicles and marine products in the United States, Canada, Europe, Asia Pacific, Latin America, and internationally.

4imprint Group

Market Cap: UK£1.0b

Operates as a direct marketer of promotional products in North America, the United Kingdom, and Ireland.

Samsonite Group

Market Cap: HK$19.8b

Engages in the design, manufacture, sourcing, and distribution of luggage, business and computer bags, outdoor and casual bags, and travel accessories in Asia, North America, Europe, and Latin America.

Guangdong Haid Group

Market Cap: CN¥81.6b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

NSL Foods

Market Cap: ฿6.5b

Engages in the manufacture and distribution of bakery and snack products in Thailand.

OSB Group

Market Cap: UK£1.8b

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

FRP Advisory Group

Market Cap: UK£285.7m

Provides business advisory services to companies, lenders, investors, individuals, and other stakeholders in the United Kingdom.

Gamma Communications

Market Cap: UK£846.1m

Provides technology-based communications and software services to small, medium, and large-sized organizations in the United Kingdom, rest of Europe, and internationally.

Acrow

Market Cap: AU$271.1m

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

Ingenia Communities Group

Market Cap: AU$1.6b

A leading operator, owner and developer of communities offering quality affordable rental and holiday accommodation focused on the growing seniors’ market in Australia.

Trajan Group Holdings

Market Cap: AU$57.2m

Develops, manufactures, and sells analytical and life science products and devices in Malaysia, Japan, Australia, New Zealand, the United States, Europe, the Middle East, Africa, and India.

A.G. BARR

Market Cap: UK£708.0m

Manufactures, distributes, and sells soft drinks and cocktail solutions in the United Kingdom and internationally.

Beijing Dabeinong Technology GroupLtd

Market Cap: CN¥16.7b

Beijing Dabeinong Technology Group Co.,Ltd.

Genscript Biotech

Market Cap: HK$30.0b

An investment holding company, engages in the manufacture and sale of life science research products and services in the United States of America, Europe, Mainland China, Europe, Asia Pacific, and internationally.

China Hongqiao Group

Market Cap: HK$324.3b

An investment holding company, manufactures and sells aluminum products in the People's Republic of China, India, Europe, Malaysia, North America, the rest of Southeast Asia, and internationally.

Xtep International Holdings

Market Cap: HK$11.7b

Designs, develops, manufactures, markets, and sells footwear, apparel, and accessories for adults and children in Mainland China.

Aluminum Corporation of China

Market Cap: HK$221.4b

Primarily engages in the exploration and mining of bauxite, coal, and other resources in the People's Republic of China and internationally.

GWA Group

Market Cap: AU$521.6m

Research, designs, manufactures, imports, and markets building fixtures and fittings to residential and commercial premises in Australia, New Zealand, the United Kingdom, and internationally.

Hangzhou Binjiang Real Estate GroupLtd

Market Cap: CN¥29.7b

Engages in the real estate development and related businesses in China.

Aurelia Metals

Market Cap: AU$491.1m

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

Fosun International

Market Cap: HK$33.5b

Operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally.

Hansen Technologies

Market Cap: AU$1.0b

Engages in the development, integration, and support of billing and customer information systems.

Stanmore Resources

Market Cap: AU$2.1b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

Industrial Bank

Market Cap: CN¥379.5b

Provides banking products and services in the People’s Republic of China.

Lion

Market Cap: JP¥420.6b

Manufactures and sells consumer and industrial products in Japan and internationally.

Metcash

Market Cap: AU$3.0b

Operates as a wholesale distribution and marketing company in Australia.

Bear Electric ApplianceLtd

Market Cap: CN¥6.4b

Engages in the research and development, design, production, and sale of small household appliances under Bear brand name in China and internationally.

Konica Minolta

Market Cap: JP¥249.5b

Engages in digital workplace, professional print, healthcare, and industry business in Japan, China, other Asian countries, the United States, Europe, and internationally.

Sansiri

Market Cap: ฿24.5b

Engages in the property development business in Thailand.

Anhui Conch Cement

Market Cap: CN¥106.2b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

C&D International Investment Group

Market Cap: HK$33.2b

An investment holding company, engages in the property development, real estate industry chain investment services, and industry investment activities in the People’s Republic of China.

Shenzhen Gas

Market Cap: CN¥19.9b

Provides urban gas, natural gas, and LPG energy.

Howden Joinery Group

Market Cap: UK£4.2b

Supplies various kitchen, joinery, and hardware products in the United Kingdom, France, Belgium, and the Republic of Ireland.

Prosegur Cash

Market Cap: €956.5m

Provides integrated cash cycle management solutions and automating payments in retail establishments and ATM management in Europe, LATAM, and internationally.

Banco Latinoamericano de Comercio Exterior S. A

Market Cap: US$2.0b

Banco Latinoamericano de Comercio Exterior, S.