Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Carrefour

Market Cap: €12.6b

Engages in the operation of stores that offer food and non-food products in various formats and channels in France, Spain, Italy, Belgium, Poland, Romania, Brazil, and Argentina, as well as in the Middle East, Africa, and Asia.

China Foods

Market Cap: HK$7.8b

An investment holding company, manufactures, distributes, markets, and sells Coca-Cola series products in the People’s Republic of China.

GFT Technologies

Market Cap: €526.5m

Provides digital transformation services.

Morgan Advanced Materials

Market Cap: €603.0m

Operates as a materials science and application engineering company primarily the United Kingdom.

Stabilus

Market Cap: €699.0m

Manufactures and sells gas springs, dampers, electromechanical damper opening systems, vibration isolation products, and industrial components in Europe, the Middle East, Africa, North and South America, the Asia-Pacific, and internationally.

Intron Technology Holdings

Market Cap: €1.8b

An investment holding company, operates as an automotive electronics solutions provider in Hong Kong, the Mainland China, and internationally.

Aica Kogyo Company

Market Cap: €206.8b

Develops, produces, and sells chemical products, and laminates and building materials in Japan and internationally.

Quest Resource Holding

Market Cap: €79.3m

Provides solutions for the reuse, recycling, and disposal of various waste streams and recyclables in the United States.

FirstRand

Market Cap: €408.3b

Provides transactional, lending, investment, and insurance products and services in South Africa, rest of Africa, the United Kingdom, and internationally.

Regional Management

Market Cap: €294.9m

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.

Reynolds Consumer Products

Market Cap: €4.9b

Produces and sells products in cooking, waste and storage, and tableware product categories in the United States and internationally.

Woodside Energy Group

Market Cap: €43.1b

Engages in the exploration, evaluation, development, production, marketing, and sale of hydrocarbons in the Asia Pacific, Africa, the Americas, and the Europe.

Solid World Group

Market Cap: €29.0m

Provides a range of software products, scanners, and 3D printers that assists the design, prototyping, and production of industrial products in Italy.

CES Energy Solutions

Market Cap: €1.6b

Engages in design, implement, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada.

Steelcase

Market Cap: €1.3b

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

Capgemini

Market Cap: €24.8b

Engages in the provision of 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.

Amneal Pharmaceuticals

Market Cap: €2.8b

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

Hostelworld Group

Market Cap: UK£153.9m

Operates as an online travel agent focused on the hostel market worldwide.

Mutares SE KGaA

Market Cap: €697.1m

A private equity firm specializing in investments in secondary direct, special situations, bridge financing, recapitalization, distressed/vulture, management succession, reorganization, carve-outs, turnarounds, spin-offs and re-funding.

Menicon

Market Cap: €98.3b

Manufactures and sells contact lenses and lens care products.

Shenzhou International Group Holdings

Market Cap: €87.8b

An investment holding company, engages in the manufacture, printing, and sale of knitwear products in Mainland China, European Union, the United States, Japan, and internationally.

PENN Entertainment

Market Cap: €2.4b

Provides integrated entertainment, sports content, and casino gaming experiences.

Nilfisk Holding

Market Cap: €2.4b

Develops, manufactures, and sells cleaning solutions and services worldwide.

Five9

Market Cap: €2.2b

Provides intelligent cloud software for contact centers in the United States and internationally.

MONY Group

Market Cap: UK£1.1b

Engages in the provision of price comparison and lead generation services through its websites and applications in the United Kingdom.

Cummins

Market Cap: €45.5b

Offers various power solutions worldwide.

Jiangsu Changshu Rural Commercial Bank

Market Cap: CN¥21.5b

Jiangsu Changshu Rural Commercial Bank Co., Ltd.

Cheil Worldwide

Market Cap: ₩1.8t

Provides various marketing solutions worldwide.

Samsung C&T

Market Cap: ₩18.6t

Engages in the engineering and construction, trading and investment, fashion, and resort businesses in South Korea, Europe, the Middle East, Africa, the Asia Pacific, and the Americas.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥302.9b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Jiangsu Changshu Rural Commercial Bank

Market Cap: CN¥21.5b

Jiangsu Changshu Rural Commercial Bank Co., Ltd.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp239.7t

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

LX Semicon

Market Cap: ₩936.8b

Operates as a semiconductor company in South Korea, China, Vietnam, Taiwan, Japan, and internationally.

Sportsman's Warehouse Holdings

Market Cap: US$39.9m

Operates as an outdoor sporting goods retailer in the United States.

Northern Oil and Gas

Market Cap: €2.8b

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