Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

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.

Tongcheng Travel Holdings

Market Cap: €45.2b

An investment holding company, provides travel related services in the People’s Republic of China.

Banco Itaú Chile

Market Cap: CL$2.7t

Provides various banking services in Chile and Colombia.

Loomis

Market Cap: SEK 25.7b

Provides secure payment solutions in the United States, France, Switzerland, Spain, the United Kingdom, Sweden, and internationally.

Cenergy Holdings

Market Cap: €1.9b

Manufactures and sells aluminium, copper, cables, steel and steel pipes, and other related products in Belgium, Greece, Other European Union countries, Other European countries, the United States, and internationally.

Yalla Group

Market Cap: US$992.5m

Operates a social networking and gaming platform in the Middle East and North Africa region.

Hubei Xingfa Chemicals Group

Market Cap: CN¥22.2b

Develops, produces, and sells phosphorus-based chemicals in China and internationally.

Talgo

Market Cap: €372.4m

Designs, manufactures, and maintains high-speed light rail vehicles worldwide.

Zhejiang Yinlun MachineryLtd

Market Cap: CN¥19.4b

Engages in the research and development, manufacturing, and sale of various thermal management and exhaust gas post-treatment products.

freenet

Market Cap: €3.2b

Provides telecommunications, broadcasting, and multimedia services for mobile communications/mobile internet, and digital lifestyle sectors in Germany.

Absa Group

Market Cap: €143.4b

Provides retail and business banking, corporate and investment banking, insurance, financial, and wealth management products and services in South Africa and internationally.

MCNEX

Market Cap: ₩451.3b

Manufactures and sells camera modules in South Korea and internationally.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥30.2b

Manufactures and sells power distribution and utilization systems in China and internationally.

Plumas Bancorp

Market Cap: US$248.8m

Operates as the bank holding company for the Plumas Bank that provides various banking products and services for small and middle market businesses and individuals in California, Nevada, and Oregon.

Ribbon Communications

Market Cap: US$685.0m

Provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally.

Iochpe-Maxion

Market Cap: R$1.9b

Produces and sells automotive wheels and structural components for commercial and light vehicles in North America, South America, Europe, Asia, and internationally.

Baoxiniao Holding

Market Cap: CN¥5.4b

Engages in the research and development, production, and sale of branded men and women clothing products in China.

KH Neochem

Market Cap: JP¥90.3b

Researches, manufactures, and sells of petrochemical products in Japan and internationally.

Business First Bancshares

Market Cap: US$689.5m

Operates as the bank holding company for b1BANK that provides various banking products and services in Louisiana and Texas.

DFI Retail Group Holdings

Market Cap: US$3.6b

Operates as a retailer in Hong Kong, Mainland China, Macau, Taiwan, Singapore, Cambodia, Malaysia, Indonesia, and Brunei.

Merchants Bancorp

Market Cap: US$1.4b

Operates as the diversified bank holding company in the United States.

MGM Resorts International

Market Cap: US$9.2b

Through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally.

Harley-Davidson

Market Cap: US$2.8b

Manufactures and sells motorcycles in the United States and internationally.

Lindblad Expeditions Holdings

Market Cap: US$609.4m

Provides marine expedition adventures and travel experience worldwide.

CENIT

Market Cap: €74.5m

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.

Chain Bridge Bancorp

Market Cap: US$157.7m

Operates as a bank holding company for Chain Bridge Bank, N.A.

KBR

Market Cap: US$6.3b

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

Reynolds Consumer Products

Market Cap: €4.5b

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

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.4b

Produces and sells seasoning products in China and internationally.

ADENTRA

Market Cap: CA$675.4m

Engages in the wholesale distribution of architectural building products to the residential, repair and remodel, and commercial construction markets in Canada and the United States.

McBride

Market Cap: €259.7m

Manufactures and sells private label household and personal care products to retailers and brand owners in the United Kingdom, Germany, France, Italy, Spain, rest of Europe, Asia-Pacific, and internationally.It operates through five segments: Liquids, Powders, Unit dosing, Aerosols, and Asia Pacific.

INDUS Holding

Market Cap: €507.9m

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

Lenovo Group

Market Cap: €112.3b

An investment holding company, develops, manufactures, and markets technology products and services.

Tsingtao Brewery

Market Cap: €88.3b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Vallourec

Market Cap: €3.6b

Through its subsidiaries, provides tubular solutions for the oil and gas, industry, and new energies markets in Europe, North America, South America, Asia, the Middle East, and internationally.