Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

KBR

Market Cap: US$5.6b

Provides scientific, technology, and engineering solutions to governments and commercial customers worldwide.

Housing and Development Bank- Egypt (S.A.E)

Market Cap: ج.م52.2b

Together with its, provides corporate and retail banking services in Egypt.

Longfor Group Holdings

Market Cap: HK$66.8b

An investment holding company, engages in the property development, commercial investment, asset management, property management, and smart construction businesses in the People’s Republic of China.

China Resources Land

Market Cap: HK$201.2b

An investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China.

Shanghai Zhonggu Logistics

Market Cap: CN¥21.3b

Provides container shipping services in China.

Sichuan Baicha Baidao Industrial

Market Cap: HK$10.1b

An investment holding company, provides tea drink products in the People’s Republic of China.

REC

Market Cap: ₹951.5b

Engages in the provision of financing services for power generation, transmission, and distribution projects in India.

DUG Technology

Market Cap: AU$281.8m

A technology company, provides hardware and software solutions for the technology and resource sectors in Australia, the United States, the United Kingdom, Malaysia, and the United Arab Emirates.

Anhui Expressway

Market Cap: CN¥22.6b

Engages in the construction, operation, management, and development of the toll roads and associated service sections in the People's Republic of China.

China Railway Group

Market Cap: CN¥123.9b

Operates as a multi-functional integrated construction company in Mainland China and internationally.

Anker Innovations

Market Cap: CN¥56.3b

Operates as a smart hardware technology company in China and internationally.

Fosun International

Market Cap: HK$33.9b

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

Summerset Group Holdings

Market Cap: AU$2.9b

Develops, owns, and operates integrated retirement villages in New Zealand and Australia.

Delta Air Lines

Market Cap: €44.1b

Provides scheduled air transportation for passengers and cargo in the United States and internationally.

Sword Group

Market Cap: €343.9m

Provides IT and software solutions.

Altea Green Power

Market Cap: €152.8m

Supplies and manages renewable energy plants in Italy and the United States.

DaVita

Market Cap: €7.6b

Provides kidney dialysis services for patients suffering from chronic kidney failure in the United States.

Ventura Offshore Holding

Market Cap: NOK 2.3b

A deep-water drilling contractor, provides offshore drilling services to the oil and gas industry in Brazil and internationally.

United Bank for Africa

Market Cap: ₦1.9t

Primarily provides corporate, commercial, and retail banking services in Nigeria, rest of Africa, and internationally.

Grupa Pracuj

Market Cap: zł3.4b

Operates HR technology platform in Poland, Ukraine, and Germany.

ICG

Market Cap: UK£5.5b

A private equity firm specializing in direct and fund of fund investments.

Sanofi

Market Cap: €95.9b

Engages in the research, development, manufacture, and marketing of therapeutic solutions.

Gecina

Market Cap: €5.7b

A leading operator, that fully integrates all real estate expertise, owning, managing, and developing a unique prime portfolio valued at €17.0bn as at June 30, 2025.

EOG Resources

Market Cap: €58.8b

Explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in producing basins in the United States, the Republic of Trinidad and Tobago, and internationally.

Carmila

Market Cap: €2.3b

As the third-largest listed owner of commercial property in Europe, Carmila was founded by Carrefour and large institutional investors in order to enhance the value of shopping centres adjoining Carrefour hypermarkets in France, Spain and Italy.

Huaqin Technology

Market Cap: CN¥90.6b

Engages in the development, manufacturing, and operation service of software, hardware, systems for tech companies worldwide.

China Construction Bank

Market Cap: HK$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.

Inseego

Market Cap: US$174.4m

Engages in the design and development of cloud-managed wireless wide area network (WAN) and intelligent edge solutions for businesses, consumers, and governments in the United Stated, Europe, and internationally.

Allstate

Market Cap: €50.7b

Provides property and casualty, and other insurance products in the United States and Canada.

NetEase Cloud Music

Market Cap: HK$38.7b

An investment holding company, engages in the operation of online platforms to provide music and social entertainment services in the People’s Republic of China.

NetApp

Market Cap: €19.3b

Provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

Gamma Communications

Market Cap: UK£846.9m

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

FRP Advisory Group

Market Cap: UK£322.5m

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

Grand Pharmaceutical Group

Market Cap: HK$27.4b

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.

Quanex Building Products

Market Cap: US$854.3m

Manufactures and distributes components for original equipment manufacturers (OEM) in the building products industry in the United States, Europe, Canada, Asia, and internationally.