Global Retail Potentially Undervalued Companies

Betterware de MéxicoP.I. de

Market Cap: US$676.3m

Operates as a direct-to-consumer selling company in the United States and Mexico.

HORNBACH Holding KGaA

Market Cap: €1.3b

Through its subsidiaries, develops and operates do-it-yourself (DIY) megastores with garden centers in Germany and other European countries.

Abercrombie & Fitch

Market Cap: US$4.0b

Through its subsidiaries, operates as an omnichannel retailer in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Lithia Motors

Market Cap: €6.6b

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

LKQ

Market Cap: US$6.7b

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.

MINISO Group Holding

Market Cap: €3.6b

An investment holding company, engages in the retail and wholesale of design-led lifestyle and pop toy products in Mainland China, the rest of Asia, North and Latin America, Europe, and internationally.

C&A Modas

Market Cap: R$3.3b

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

KMD Brands

Market Cap: NZ$133.2m

Designs, markets, wholesales, and retails apparel, footwear, and equipment for surfing and the outdoors under the Kathmandu, Rip Curl, and Oboz brand names.

Zhejiang China Commodities City Group

Market Cap: CN¥57.0b

Through its subsidiaries, develops, manages, and operates an online trading platform service in China.

HORNBACH Holding KGaA

Market Cap: €1.3b

Through its subsidiaries, develops and operates do-it-yourself (DIY) megastores with garden centers in Germany and other European countries.

Alibaba Group Holding

Market Cap: US$219.3b

Through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses in the People's Republic of China and internationally.

Map Aktif Adiperkasa

Market Cap: €17.7t

Operates as a sporting goods retailer in Indonesia.

Dunelm Group

Market Cap: €1.6b

Engages in the retail of homewares in the United Kingdom.

Pepkor Holdings

Market Cap: €81.5b

Operates as a retailer in Angola, Botswana, Brazil, Eswatini, Lesotho, Malawi, Mozambique, Namibia, South Africa, and Zambia.

Grupo SBF

Market Cap: R$2.3b

Engages in the sale of sporting goods and leisure products in Brazil.

JD.com

Market Cap: US$34.1b

Operates as a supply chain-based technology and service provider in the People’s Republic of China and Europe.

United Electronics

Market Cap: ر.س5.4b

Engages in the wholesale and retail trade of electric appliances, electronic gadgets, computers and their spare parts and accessories, furniture, and office equipment and tools in the Kingdom of Saudi Arabia and internationally.

Dunelm Group

Market Cap: UK£1.6b

Engages in the retail of homewares in the United Kingdom.

Abercrombie & Fitch

Market Cap: US$4.0b

Through its subsidiaries, operates as an omnichannel retailer in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Dunelm Group

Market Cap: UK£1.6b

Engages in the retail of homewares in the United Kingdom.

Build-A-Bear Workshop

Market Cap: €370.1m

Operates as a mall-based, experiential specialty retailer for children in the United States, Canada, the United Kingdom, Ireland, North America, and Europe.

Lithia Motors

Market Cap: US$6.6b

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

Abercrombie & Fitch

Market Cap: €4.0b

Through its subsidiaries, operates as an omnichannel retailer in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Abercrombie & Fitch

Market Cap: €4.0b

Through its subsidiaries, operates as an omnichannel retailer in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

PAL GROUP Holdings

Market Cap: JP¥248.3b

Engages in the planning, manufacture, wholesale, and retail of clothing products, including men’s and women’s clothing and accessories in Japan.

Academy Sports and Outdoors

Market Cap: €2.9b

Through its subsidiaries, operates as a sporting goods and outdoor recreational retailer in the United States.

Group 1 Automotive

Market Cap: US$3.5b

Through its subsidiaries, operates in the automotive retail industry in the United States and the United Kingdom.

MINISO Group Holding

Market Cap: US$3.6b

An investment holding company, engages in the retail and wholesale of design-led lifestyle and pop toy products in Mainland China, the rest of Asia, North and Latin America, Europe, and internationally.

Academy Sports and Outdoors

Market Cap: US$2.9b

Through its subsidiaries, operates as a sporting goods and outdoor recreational retailer in the United States.

AFG International

Market Cap: ر.س1.5b

Operates as a franchise retailer of fashion products in the Kingdom of Saudi Arabia, Jordan, Egypt, the Republic of Kazakhstan, Uzbekistan, the Republic of Azerbaijan, Georgia, and Armenia.

Platform Group SE KGaA

Market Cap: €21.4m

A software company, operates online platforms for B2B and B2C customers.

Abercrombie & Fitch

Market Cap: €4.0b

Through its subsidiaries, operates as an omnichannel retailer in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Platform Group SE KGaA

Market Cap: €21.4m

A software company, operates online platforms for B2B and B2C customers.

Alibaba Group Holding

Market Cap: €219.3b

Through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses in the People's Republic of China and internationally.

JD.com

Market Cap: €34.1b

Operates as a supply chain-based technology and service provider in the People’s Republic of China and Europe.

LKQ

Market Cap: €6.7b

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.