Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Pepper Money

Market Cap: €808.6m

Operates as a non-bank lender in the mortgage and asset finance markets in Australia and New Zealand.

Suzano

Market Cap: R$59.1b

Manufactures and sells pulp and paper products in Brazil and internationally.

Trisul

Market Cap: R$1.3b

Engages in the construction and development of real estate properties in Brazil.

Lavvi Empreendimentos Imobiliários

Market Cap: R$2.9b

Develops and builds residential and non-residential properties primarily in Brazil.

C&A Modas

Market Cap: R$3.9b

Operates as a fashion retailer for women, men, and children in Brazil and internationally.

MCNEX

Market Cap: ₩384.8b

Manufactures and sells camera modules in South Korea and internationally.

Guangdong Haid Group

Market Cap: CN¥80.2b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥14.7b

Operates as contract development and manufacturing organization (CDMO) company in China and internationally.

Tianjin Ringpu Bio-TechnologyLtd

Market Cap: CN¥8.4b

Engages in the research and development, production, and sale of veterinary raw materials, pharmaceutical preparation, functional additives, and veterinary biological products.

Anhui Conch Cement

Market Cap: CN¥111.0b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

Future

Market Cap: JP¥147.7b

Provides IT consulting and services primarily in Japan.

Aluminum Corporation of China

Market Cap: HK$231.7b

Primarily engages in the exploration and mining of bauxite, coal, and other resources in the People's Republic of China and internationally.

Jinzai Food GroupLtd

Market Cap: CN¥4.7b

Engages in the research, development, production, and sale of snack foods in China and internationally.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥32.0b

Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd.

Lion

Market Cap: JP¥449.0b

Manufactures and sells consumer and industrial products in Japan and internationally.

CapitaLand Malaysia Trust

Market Cap: RM 2.1b

CapitaLand Malaysia Trust (CLMT) is a real estate investment trust (REIT) listed on the Main Market of Bursa Malaysia Securities Berhad since 16 July 2010.

NSL Foods

Market Cap: ฿6.6b

Engages in the manufacture and distribution of bakery and snack products in Thailand.

Hansen Technologies

Market Cap: AU$1.0b

Engages in the development, integration, and support of billing and customer information systems.

Ansell

Market Cap: AU$3.9b

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.

Sichuan Baicha Baidao Industrial

Market Cap: HK$8.7b

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

Aeris Resources

Market Cap: AU$443.0m

Explores, produces, and sells precious metals in Australia.

Kumagai GumiLtd

Market Cap: JP¥254.5b

Operates as a construction company in Japan and internationally.

Nido Education

Market Cap: AU$85.3m

Owns, operates, and manages long day early childhood education and care centers under the Nido Early School brand in Australia.

Atturra

Market Cap: AU$160.3m

Provides advisory and information technology solutions in Australia, New Zealand, Singapore, North America, and Hong Kong.

Beijing New Building Materials

Market Cap: CN¥43.5b

Manufactures and sells building materials in China.

Converge Information and Communications Technology Solutions

Market Cap: ₱90.5b

Converge Information and Communications Technology Solutions, Inc.

Xiamen C&D

Market Cap: CN¥25.5b

Engages in the supply chain and real estate development businesses in China and internationally.

Aurelia Metals

Market Cap: AU$457.2m

Engages in the exploration and production of mineral properties in Australia.

Emaar Properties PJSC

Market Cap: د.إ112.1b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

Indofood Sukses Makmur

Market Cap: Rp61.5t

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

Inspur Digital Enterprise Technology

Market Cap: HK$2.8b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

Hansen Technologies

Market Cap: AU$1.0b

Engages in the development, integration, and support of billing and customer information systems.

Ricegrowers

Market Cap: AU$907.0m

Operates as a rice food company in Australia, New Zealand, the Pacific Islands, Europe, the Middle East, Africa, Asia, and North America.

Hwaseung Enterprise

Market Cap: ₩282.0b

Manufactures and sells shoes.

Industrial Bank

Market Cap: CN¥389.8b

Provides banking products and services in the People’s Republic of China.