Global Potentially Undervalued Companies

MGM Resorts International

Market Cap: US$8.5b

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

CVS Health

Market Cap: US$77.0b

Provides health solutions in the United States.

Absa Group

Market Cap: €139.7b

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

KWS SAAT SE KGaA

Market Cap: €1.9b

KWS SAAT SE & Co. KGaA breeds, produces, and distributes seeds for agriculture.

Otsuka Holdings

Market Cap: €3.6t

Engages in the pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide.

M.P. Evans Group

Market Cap: €546.8m

Through its subsidiaries, owns and develops oil palm plantations in Indonesia and Malaysia.

Vetoquinol

Market Cap: €858.7m

A veterinary pharmaceutical company, designs, develops, and sells veterinary drugs and non-medicinal products in Europe, the Americas, and the Asia Pacific region.

KBR

Market Cap: US$6.6b

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

Seiko Epson

Market Cap: €594.4b

Develops, manufactures, sells, and provides services for products in the printing solutions, visual communications, manufacturing-related and wearables, and other businesses.

DOF Group

Market Cap: €21.4b

Owns and operates a fleet of offshore and subsea vessels.

Colabor Group

Market Cap: CA$84.7m

Colabor Group Inc., together with its subsidiaries, markets, distributes, and wholesales food and food-related products in Canada.

Exxaro Resources

Market Cap: R35.6b

Engages in coal, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Asia, and internationally.

Gauzy

Market Cap: US$159.1m

An integrated light and vision control company, develops, manufactures, and supplies vision and light control technologies in Israel, the United States, France, rest of Europe, Asia, and internationally.

Capgemini

Market Cap: €25.4b

Provides consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

Argan

Market Cap: €1.6b

ARGAN is the only French real estate company specializing in the DEVELOPMENT & RENTAL OF PREMIUM WAREHOUSES listed on EURONEXT and is the leading player of its market in France.

lastminute.com

Market Cap: CHF 167.7m

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

Pollard Banknote

Market Cap: €526.5m

Manufactures and sells lottery and charitable gaming products and solutions in the United States, Canada, and internationally.

Semapa - Sociedade de Investimento e Gestão SGPS

Market Cap: €1.4b

Through its subsidiaries, produces and sells uncoated woodfree (UWF) printing and writing paper in Portugal, rest of Europe, the United States, Africa, Asia, and Oceania.

LKQ

Market Cap: US$10.4b

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.

TEGNA

Market Cap: US$2.7b

Operates as a journalism company in the United States.

Ultimate Products

Market Cap: UK£64.2m

Supplies branded household products in the United Kingdom, Germany, Rest of Europe, and internationally.

EVS Broadcast Equipment

Market Cap: €454.9m

Provides live video technology for broadcast and media productions in the United States, Europe, Africa, Middle East, and Asia Pacific.

Kenmare Resources

Market Cap: UK£339.1m

Engages in the production and sale of mineral sand products in China, the rest of Asia, Europe, the United States, and internationally.

Austevoll Seafood

Market Cap: NOK 20.1b

A seafood company, produces and sells salmon and trout, whitefish, and pelagic in Norway, the European Union, the United Kingdom, Eastern Europe, Africa, North America, Asia, and South America.

ADENTRA

Market Cap: CA$642.8m

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.

Montea Comm. VA

Market Cap: €1.4b

Montea NV is a public regulated real estate company under Belgian law (GVV/SIR) that specializes in logistics real estate in Belgium, the Netherlands, France, and Germany.

Quest Resource Holding

Market Cap: €44.2m

Provides solutions for the reuse, recycling, and disposal of various waste streams and recyclables in the United States.

Noodles

Market Cap: US$34.1m

A restaurant concept company, develops and operates fast-casual restaurants in the United States.

Bertrandt

Market Cap: €185.7m

Provides engineering services.

CENIT

Market Cap: €73.3m

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.

Alaris Equity Partners Income Trust

Market Cap: €849.3m

A private equity firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, growth capital, and mature investments.

q.beyond

Market Cap: €110.9m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

Arnoldo Mondadori Editore

Market Cap: €563.3m

Engages in publishing of books and magazines in Italy, rest of Europe, and the United States.

Autohome

Market Cap: US$3.0b

Operates as an online destination for automobile consumers in the People’s Republic of China.

TotalEnergies

Market Cap: €113.9b

A multi-energy company, produces and markets oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables, and electricity in France, rest of Europe, and internationally.

ProCredit Holding

Market Cap: €618.4m

Provides commercial banking products and services for small and medium enterprises and private customers in Europe, South America, and Germany.