Global Potentially Undervalued Companies

Royalty Pharma

Market Cap: US$19.1b

Operates as a buyer of biopharmaceutical royalties and a funder of innovation in the biopharmaceutical industry in the United States.

KWS SAAT SE KGaA

Market Cap: €1.8b

KWS SAAT SE & Co. KGaA breeds, produces, and distributes seeds for agriculture.

CENIT

Market Cap: €72.0m

Operates as an IT consultancy and software company that serves manufacturing and financial services industries in Germany, Austria, Switzerland, North America, Romania, France, Belgium, the Netherlands, and China.

ACI Worldwide

Market Cap: US$5.1b

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

Shofu

Market Cap: €75.6b

Manufactures and sells dental materials and equipment worldwide.

Arnoldo Mondadori Editore

Market Cap: €552.9m

Engages in publishing of books and magazines in Italy, rest of Europe, and the United States.

Sangoma Technologies

Market Cap: US$268.4m

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

Global Dominion Access

Market Cap: €452.2m

Provides integral services for business process efficiency and sustainability worldwide.

Steelcase

Market Cap: US$1.2b

Provides a portfolio of furniture and architectural products and services in the United States and internationally.

TotalEnergies

Market Cap: US$116.9b

A multi-energy company, produces and markets oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables, and electricity in France, rest of Europe, and internationally.

Bristol-Myers Squibb

Market Cap: €95.1b

Bristol-Myers Squibb Company discovers, develops, licenses, manufactures, markets, distributes, and sells biopharmaceutical products worldwide.

Sanofi

Market Cap: €112.4b

A healthcare company, engages in the research, development, manufacture, and marketing of therapeutic solutions in the United States, Europe, and internationally.

Norsk Hydro

Market Cap: NOK 112.2b

Engages in the power production, bauxite extraction, alumina refining, aluminium smelting, and recycling activities worldwide.

INDUS Holding

Market Cap: €553.9m

A private equity firm specializing in mergers and acquisitions and corporate spin-offs.

Fourlis Holdings

Market Cap: €205.0m

Engages in the retail trading activities in Greece, Romania, Bulgaria, Cyprus, and Turkey.

HORIBA

Market Cap: €422.0b

Manufactures and sells instruments and systems in worldwide.

Alaris Equity Partners Income Trust

Market Cap: €848.9m

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

Amphastar Pharmaceuticals

Market Cap: US$1.2b

A bio-pharmaceutical company, develops, manufactures, markets, and sells generic and proprietary injectable, inhalation, and intranasal products in the United States, China, and France.

DEME Group

Market Cap: €3.5b

Provides marine solutions in the fields of offshore energy, dredging, marine infrastructure, and environmental works in Belgium, Europe, Africa, the United States, Asia, Oceania, and the Middle East.

Axalta Coating Systems

Market Cap: US$7.1b

Through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Griffon

Market Cap: US$3.5b

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

Amneal Pharmaceuticals

Market Cap: €2.4b

A global biopharmaceutical company, develops, manufactures, markets, and distributes generics, injectables, biosimilars, and specialty branded pharmaceutical products worldwide.

Sword Group

Market Cap: €310.4m

Provides IT and software solutions worldwide.

DorianG

Market Cap: US$1.0b

Engages in the transportation of liquefied petroleum gas through its LPG tankers worldwide.

Exxaro Resources

Market Cap: €35.5b

Engages in coal, iron ore investment, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Australia, and Asia.

Alta Equipment Group

Market Cap: US$180.2m

Owns and operates integrated equipment dealership platforms in the United States and Canada.

Kenmare Resources

Market Cap: UK£338.2m

Engages in the production and sale of mineral sand products in China, the rest of Asia, Europe, the United States, and internationally.

Geely Automobile Holdings

Market Cap: US$193.9b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

Austevoll Seafood

Market Cap: NOK 20.2b

A seafood company, produces and sells salmon and trout, whitefish, and pelagic in Norway, the European Union, the United Kingdom, Eastern Europe, Africa, North America, Asia, and South America.

Valeura Energy

Market Cap: €784.3m

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

Tenaris

Market Cap: €15.7b

Manufactures and supplies steel pipe products and related services for the energy industry and other industrial applications in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.

Torex Gold Resources

Market Cap: US$3.6b

Operates as an intermediate gold producer.

Exxaro Resources

Market Cap: R35.5b

Engages in coal, iron ore investment, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Australia, and Asia.

Diebold Nixdorf

Market Cap: US$1.8b

Engages in the automating, digitizing, and transforming the way people bank and shop worldwide.

Capgemini

Market Cap: €25.7b

Provides consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

Alibaba Group Holding

Market Cap: US$280.2b

Through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally.