Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Sabre

Market Cap: €604.8m

Operates as a software and technology company for the travel industry in the United States, Europe, Asia-Pacific, and internationally.

CDW

Market Cap: €14.2b

Provides information technology (IT) solutions in the United States, the United Kingdom, and Canada.

Transcontinental

Market Cap: €464.9m

Engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, and internationally.

On the Beach Group

Market Cap: €201.4m

Operates as an online retailer of short haul beach holidays under the On the Beach brand in the United Kingdom and Republic of Ireland.

TAL Education Group

Market Cap: €5.9b

Provides K-12 after-school tutoring services in the People’s Republic of China.

Indofood Sukses Makmur

Market Cap: €61.0t

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

Northern Oil and Gas

Market Cap: €2.5b

An independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States.

NetEase

Market Cap: €579.1b

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

PENN Entertainment

Market Cap: €2.1b

Provides integrated entertainment, sports content, and casino gaming experiences in the United States and internationally.

China Hongqiao Group

Market Cap: €292.1b

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.

Pollard Banknote

Market Cap: €438.2m

Engages in the manufacture and sale of lottery and charitable gaming products and solutions in the United States, Canada, and internationally.

Arcos Dorados Holdings

Market Cap: €1.8b

Operates as a franchisee of McDonald’s restaurants.

Globus Medical

Market Cap: €11.5b

Develops and commercializes healthcare solutions for patients with musculoskeletal disorders in the United States and internationally.

Forward Air

Market Cap: €278.3m

Operates as an asset-light freight and logistics company in the United States, Mexico, Europe, Asia, and Canada.

Bank Mandiri (Persero)

Market Cap: €393.5t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Malaysia, Hong Kong, Timor Leste, Shanghai, England, and the Cayman Islands.

Asahi Group Holdings

Market Cap: €2.2t

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

Indivior Pharmaceuticals

Market Cap: €4.6b

Engages in the development, manufacture, and sale of buprenorphine-based prescription drugs for the treatment of opioid dependence and related disorders in the United States, Europe, Canada, Australia, and internationally.

OceanaGold

Market Cap: €8.9b

Engages in the exploration, development, and operation of gold and gold/copper mines in the United States, the Philippines, and New Zealand.

Regional Management

Market Cap: €325.6m

A diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States.

Man Wah Holdings

Market Cap: €13.9b

An investment holding company, engages in the manufacture and distribution of sofas and ancillary products in the People's Republic of China, Europe, North America, and internationally.

ANTA Sports Products

Market Cap: €210.2b

Engages in the research, design, development, manufacture, market, and sale of professional sports footwear, apparel, and accessories in China and internationally.

CDW

Market Cap: €14.2b

Provides information technology (IT) solutions in the United States, the United Kingdom, and Canada.

Grand Pharmaceutical Group

Market Cap: €19.2b

An investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical preparations and medical devices, biotechnology and healthcare products, and pharmaceutical raw materials.

Acrow

Market Cap: €247.7m

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

Yuexiu Transport Infrastructure

Market Cap: €6.8b

Invests in, constructs, develops, operates, and manages expressways and bridges in the People’s Republic of China.

DENTSPLY SIRONA

Market Cap: €2.0b

Develops, manufactures, and markets dental equipment supported by cloud-enabled solutions, dental products, and healthcare consumable products in urology and enterology worldwide.

Equasens Société anonyme

Market Cap: €577.2m

Provides healthcare IT solutions in Europe.

Ansell

Market Cap: €3.7b

Designs, sources, develops, manufactures, distributes, and sells hand and body protection solutions in the Asia Pacific, Europe, the Middle East, Africa, Latin America, the Caribbean, and North America.

Cosmo Energy Holdings

Market Cap: €569.2b

Through its subsidiaries, engages in the petroleum business in Japan and internationally.

ProCredit Holding

Market Cap: €482.4m

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

Northpointe Bancshares

Market Cap: €599.6m

Operates as the bank holding company for Northpointe Bank provides various banking products and services in the United States.

Konecranes

Market Cap: €6.7b

Manufactures, sells, and services material handling products in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

Lithia Motors

Market Cap: €6.3b

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

Valmet Oyj

Market Cap: €4.3b

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.

Vetoquinol

Market Cap: €838.0m

A veterinary pharmaceutical company, designs, develops, and sells veterinary drugs and non-medicinal products for cattle, pigs, dogs, and cats in Europe, the Americas, and the Asia Pacific region.