Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Akzo Nobel

Market Cap: €8.7b

Produces and sells paints and coatings worldwide.

Rainbow Tours

Market Cap: €2.0b

Operates as a tour operator in Poland, the Czech Republic, Greece, Spain, Turkey, Slovakia, Lithuania, and internationally.

ABM Industries

Market Cap: US$2.3b

Through its subsidiaries, engages in the provision of facility maintenance, engineering and infrastructure solutions in the United States and internationally.

ProCredit Holding

Market Cap: €446.5m

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

SAP

Market Cap: US$173.8b

Provides enterprise application and business solutions worldwide.

PTC

Market Cap: US$17.0b

Operates as software company in the Americas, Europe, and the Asia Pacific.

Angel Oak Mortgage REIT

Market Cap: US$204.8m

A real estate finance company, focuses on acquiring and investing in first lien nonqualified mortgage loans and other mortgage-related assets in the United States mortgage market.

Bosideng International Holdings

Market Cap: €47.3b

Engages in the apparel business in the People’s Republic of China.

Tokuyama

Market Cap: €279.4b

Produces and sells various chemical products in Japan.

TravelSky Technology

Market Cap: US$29.0b

Provides information technology (IT) solutions for the aviation and travel industries in the People’s Republic of China.

FirstRand

Market Cap: €483.9b

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

Green Thumb Industries

Market Cap: €2.0b

Manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States.

Lithia Motors

Market Cap: €5.8b

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

Corebridge Financial

Market Cap: €11.5b

Provides retirement solutions and insurance products in the United States.

Slide Insurance Holdings

Market Cap: US$2.2b

Offers property and casualty insurance services in the United States.

Pollard Banknote

Market Cap: €489.9m

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

Asbury Automotive Group

Market Cap: US$3.8b

Operates as an automotive retailer in the United States.

China Life Insurance

Market Cap: US$1.1t

Operates as a life insurance company in the People’s Republic of China.

XP

Market Cap: US$9.8b

Provides financial products and services in Brazil.

Mersen

Market Cap: €573.4m

Manufactures and sells electrical power products and advanced materials in France, North America, rest of Europe, the Asia-Pacific, and internationally.

Atalaya Mining Copper

Market Cap: €1.2b

Engages in the mineral exploration and development in Spain.

Grupa Pracuj

Market Cap: €2.8b

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

Intrum

Market Cap: €5.1b

Provides payment solutions, and credit and collection services in Europe and internationally.

Sabre

Market Cap: US$573.0m

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

Persimmon

Market Cap: UK£3.5b

Operates as a house builder in the United Kingdom.

Concentra Group Holdings Parent

Market Cap: US$2.8b

Provides occupational health services in the United States.

DENTSPLY SIRONA

Market Cap: €2.3b

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

CDW

Market Cap: €15.5b

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

Geely Automobile Holdings

Market Cap: US$237.3b

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

Urban Outfitters

Market Cap: US$5.7b

Offers lifestyle products and services.

Silgan Holdings

Market Cap: US$4.1b

Manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally.

Acrow

Market Cap: €271.1m

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

LKQ

Market Cap: US$7.5b

Engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories.

Aviat Networks

Market Cap: €291.7m

Provides microwave networking and wireless access networking solutions in North America, Africa, the Middle East, Europe, Latin America, and the Asia Pacific.

Elixirr International

Market Cap: €306.2m

Through its subsidiaries, provides management consultancy services in the United Kingdom, the United States, and internationally.