Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Enel Américas

Market Cap: Col$8.3t

Generates, transmits, and distributes electricity in Brazil, Colombia, Central America, Argentina.

Far East Horizon

Market Cap: HK$35.8b

Provides various financial services in Mainland China, Hong Kong, and internationally.

Morimatsu International Holdings

Market Cap: HK$9.0b

Designs, manufactures, installs, operates, and maintains core equipment, process systems, and solutions primarily for chemical reactions, biological reactions, and polymerization.

Rohto PharmaceuticalLtd

Market Cap: JP¥523.6b

Manufactures and markets pharmaceutical products, cosmetics, and functional foods worldwide.

Guangdong Haid Group

Market Cap: CN¥74.9b

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

Inspur Digital Enterprise Technology

Market Cap: HK$3.1b

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.

Hyosung TNC

Market Cap: ₩2.0t

Manufactures and sells fiber in South Korea and internationally.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥201.2b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥12.0b

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

JVM

Market Cap: ₩272.4b

Develops and sells automation systems and software of dispensing, packaging, and medication management for hospitals and pharmacies worldwide.

Tourism Holdings

Market Cap: NZ$480.0m

Operates as a tourism company worldwide.

Nippon Paint Holdings

Market Cap: JP¥2.2t

Engages in the paints and fine chemicals businesses in Japan, Asia, the United States, Europe, and internationally.

Security Bank

Market Cap: ₱48.5b

Provides banking and financial products and services to wholesale and retail clients in the Philippines.

Ansell

Market Cap: AU$3.6b

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.

Shenzhen Gas

Market Cap: CN¥19.2b

Provides urban gas, natural gas, and LPG energy.

Jinzai Food GroupLtd

Market Cap: CN¥4.9b

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

Duc Giang Chemicals Group

Market Cap: ₫18.2t

Manufactures industrial products in Vietnam.

Ricegrowers

Market Cap: AU$841.6m

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

Aluminum Corporation of China

Market Cap: HK$222.8b

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

Beijing New Building Materials

Market Cap: CN¥45.8b

Manufactures and sells building materials in China.

China Aviation Oil (Singapore)

Market Cap: S$1.8b

Trades in and supplies jet fuel to civil aviation industry worldwide.

Chongqing Baiya Sanitary Products

Market Cap: CN¥7.5b

Chongqing Baiya Sanitary Products Co., Ltd.

Indofood Sukses Makmur

Market Cap: Rp61.2t

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

Ping An Bank

Market Cap: CN¥218.3b

Provides commercial banking products and services for individual and corporate customers, government agencies, institutions, and other small businesses in China and internationally.

Stanmore Resources

Market Cap: AU$2.1b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

Samsonite Group

Market Cap: HK$19.5b

Engages in the design, manufacture, sourcing, and distribution of luggage, business and computer bags, outdoor and casual bags, and travel accessories in Asia, North America, Europe, and Latin America.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp292.2t

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

Sinoma International EngineeringLtd

Market Cap: CN¥24.0b

Operates in the cement technology equipment and engineering services industry in China and internationally.

Industrial Bank

Market Cap: CN¥375.6b

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

Vietnam International Commercial Bank

Market Cap: ₫54.5t

Provides various banking products and services to organizations and individuals primarily in Vietnam.

Sao Ta Foods

Market Cap: ₫2.4t

Engages in farming, processing, and preserving aquatic products.

Military Commercial Bank

Market Cap: ₫208.6t

Provides banking products and services in Vietnam.

Qoria

Market Cap: AU$388.9m

Qoria Limited markets, distributes, and sells cyber safety products and services in Australia, New Zealand, the United Kingdom, the United States, Europe, and internationally.

IndiQube Spaces

Market Cap: ₹34.7b

Provides workplace solutions and value-added services in India.

Acrow

Market Cap: AU$260.2m

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