Global Potentially Undervalued Companies

ZTO Express (Cayman)

Market Cap: US$15.4b

Provides express delivery and other value-added logistics services in the People's Republic of China.

Pearson

Market Cap: UK£6.8b

Provides educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally.

Nedbank Group

Market Cap: €100.0b

Provides various wholesale and retail banking services in South Africa and internationally.

Arch Capital Group

Market Cap: €33.3b

Provides insurance, reinsurance, and mortgage insurance products in the United States, Canada, Bermuda, the United Kingdom, Europe, and Australia.

Exor

Market Cap: €17.3b

Engages in the automotive, agriculture and construction, sports car, commercial vehicle, and powertrain businesses worldwide.

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna

Market Cap: Kč90.2b

Provides various banking products and services in Poland and internationally.

Huhtamäki Oyj

Market Cap: €3.2b

Provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally.

CEWE Stiftung KGaA

Market Cap: €667.2m

Operates as a photo service and online printing provider in Germany and internationally.

lastminute.com

Market Cap: CHF 161.0m

Operates in the online travel industry providing dynamic holiday packages in Italy, Spain, the United Kingdom, France, Germany, and internationally.

Eiffage

Market Cap: €10.5b

Engages in the construction and concessions industries in France, rest of Europe, and internationally.

ContentreeJoongAng

Market Cap: ₩201.4b

Operates as an entertainment and media company in South Korea and internationally.

KT&G

Market Cap: ₩14.2t

Engages in the production, distribution, and sale of tobacco products in South Korea, Europe, and internationally.

UNID

Market Cap: ₩500.6b

Manufactures and sells potassium based chemical products in South Korea and internationally.

MONY Group

Market Cap: €1.1b

Engages in the provision of price comparison and lead generation services through its websites and applications in the United Kingdom.

Etablissements Maurel & Prom

Market Cap: €938.4m

Engages in exploration and production of oil and gas, and hydrocarbons in Gabon, Tanzania, Angola, and Venezuela.

Regeneron Pharmaceuticals

Market Cap: US$57.7b

Regeneron Pharmaceuticals, Inc. discovers, invents, develops, manufactures, and commercializes medicines for treating various diseases worldwide.

Kaspi.kz

Market Cap: €16.6b

Provides payments, marketplace, and fintech solutions for consumers and merchants in Kazakhstan, Azerbaijan, and Ukraine.

Deutsche Telekom

Market Cap: €148.7b

Provides integrated telecommunication services worldwide.

Quanta Computer

Market Cap: NT$1.0t

Manufactures, processes, and sells laptop computers and telecommunication products in the United States, Mainland China, the Netherlands, Japan, and internationally.

Dentium

Market Cap: ₩490.7b

Manufactures and sells dental medical instrument worldwide.

Dong-A Socio Holdings

Market Cap: ₩714.4b

Engages in the pharmaceutical business in South Korea.

TRE Holdings

Market Cap: JP¥78.0b

Through its subsidiaries, engages in the waste treatment and recycling businesses in Japan.

Wistron

Market Cap: NT$364.8b

Engages in the design, manufacture, and sale of information technology products in the United States, Europe, China, and internationally.

Ariston Holding

Market Cap: €1.5b

Through its subsidiaries, produces and distributes hot water and space heating solutions in the Netherlands, Germany, Italy, Switzerland, and internationally.

Sea1 Offshore

Market Cap: €3.8b

Owns and operates offshore support vessels for the offshore energy service industry.

Beijing New Building Materials

Market Cap: CN¥44.1b

Manufactures and sells building materials in China and internationally.

PLDT

Market Cap: ₱243.7b

Provides telecommunications and digital services in the Philippines.

NEOWIZ

Market Cap: ₩491.9b

Develops and publishes games for PCs and mobiles in South Korea.

SeAH Steel

Market Cap: ₩372.4b

Manufactures and sells steel products in South Korea.

KRAFTON

Market Cap: ₩14.4t

Engages in the software development and related ancillary businesses in Asia, Korea, the United States, Europe, and internationally.

MeiHua Holdings GroupLtd

Market Cap: CN¥31.2b

Manufactures nutritional solutions and products in China and internationally.

Zhejiang Longsheng GroupLtd

Market Cap: CN¥34.2b

Engages in the research and development, production, and sales of chemical products.

Omnicom Group

Market Cap: US$15.1b

Offers advertising, marketing, and corporate communications services.

Hansae

Market Cap: ₩386.3b

Manufactures and sells finished clothing products in Vietnam, Indonesia, Nicaragua, Guatemala, Myanmar, and Haiti.

Yamaichi ElectronicsLtd

Market Cap: JP¥60.2b

Manufactures and sells test, connector, and optical-related products in Japan and internationally.

Permian Resources

Market Cap: US$10.9b

An independent oil and natural gas company, focuses on the development of crude oil and associated liquids-rich natural gas reserves in the United States.