Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Sinoma International EngineeringLtd

Market Cap: CN¥24.5b

Operates in the cement technology equipment and engineering services industry in China and internationally.

Future

Market Cap: JP¥136.8b

Provides IT consulting and services primarily in Japan.

Sinoma International EngineeringLtd

Market Cap: CN¥24.5b

Operates in the cement technology equipment and engineering services industry in China and internationally.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥28.1b

Manufactures and sells power distribution in China and internationally.

Kumagai GumiLtd

Market Cap: JP¥254.2b

Operates as a construction company in Japan and internationally.

Acrow

Market Cap: AU$269.5m

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

Qoria

Market Cap: AU$388.9m

Qoria Limited markets, distributes, and sells cyber safety products and services in Australia, New Zealand, the United Kingdom, the United States, Europe, and internationally.

Stanmore Resources

Market Cap: AU$2.1b

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

MCNEX

Market Cap: ₩381.5b

Manufactures and sells camera modules in South Korea and internationally.

Aeris Resources

Market Cap: AU$466.9m

Explores, produces, and sells precious metals in Australia.

Innocean Worldwide

Market Cap: ₩784.0b

Provides marketing and communications services in the Americas, Europe, Asia, Oceania, the Middle East, and internationally.

Fosun International

Market Cap: HK$33.8b

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

China Hongqiao Group

Market Cap: HK$329.0b

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$11.8b

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

Indofood Sukses Makmur

Market Cap: Rp61.0t

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

Cheil Worldwide

Market Cap: ₩2.0t

Provides various marketing and advertising solutions worldwide.

Aluminum Corporation of China

Market Cap: HK$221.5b

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$537.2m

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

JVM

Market Cap: ₩287.4b

Develops and sells automation systems and software of dispensing, packaging, and medication management for hospitals and pharmacies worldwide.

Metcash

Market Cap: AU$2.9b

Operates as a wholesale distribution and marketing company in Australia.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp286.3t

Provides information and communications technology, and telecommunications network services worldwide.

F&F

Market Cap: ₩2.9t

Manufactures and sells apparel and accessories in South Korea.

Aurelia Metals

Market Cap: AU$499.6m

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

Hansen Technologies

Market Cap: AU$1.0b

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

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.

IndiQube Spaces

Market Cap: ₹36.6b

Provides workplace solutions and value-added services in India.

Genscript Biotech

Market Cap: HK$29.1b

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.

C&D International Investment Group

Market Cap: HK$33.6b

An investment holding company, engages in the property development business in the People’s Republic of China.

KMD Brands

Market Cap: AU$113.4m

Designs, markets, wholesales, and retails apparel, footwear, and equipment for surfing and the outdoors under the Kathmandu, Rip Curl, and Oboz brand names.

Bank CIMB Niaga

Market Cap: Rp41.6t

Provides various banking products and services in Indonesia and internationally.

Bank BTPN Syariah

Market Cap: Rp7.5t

Operates as a sharia commercial bank providing a comprehensive range of banking products and services in Indonesia.

Morimatsu International Holdings

Market Cap: HK$8.4b

Designs, manufactures, installs, operates, and maintains core equipment, process systems, and solutions primarily for chemical reactions, biological reactions, and polymerization.

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.

Viva Wine Group

Market Cap: SEK 2.9b

Develops, markets, imports, and sells wines.