Global Potentially Undervalued Companies

Modern Times Group MTG

Market Cap: SEK 12.0b

Through its subsidiaries, engages in the provision of game franchises in Sweden, the United Kingdom, Germany, rest of Europe, Singapore, India, the United States, and New Zealand.

Text

Market Cap: €1.3b

Develops and distributes online text communication software for businesses worldwide.

Sangoma Technologies

Market Cap: CA$261.7m

Develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications in the United States of America and internationally.

Headwater Exploration

Market Cap: €1.6b

Engages in the exploration, development, and production of petroleum and natural gas resources in Canada.

Eiffage

Market Cap: €10.4b

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

China Resources Land

Market Cap: €223.3b

An investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China.

Amadeus FiRe

Market Cap: €317.2m

Provides personnel and training services in Germany.

ProFrac Holding

Market Cap: US$689.1m

Operates as a technology-focused energy services holding company in the United States.

Nagarro

Market Cap: €629.1m

Provides digital product engineering and technology solutions in Germany, the United States of America, and internationally.

United Parcel Service

Market Cap: US$71.6b

A package delivery and logistics provider, offers transportation and delivery services.

Italian Exhibition Group

Market Cap: €265.1m

Italian Exhibition Group S.p.A. organizes and operates exhibitions worldwide.

Entain

Market Cap: US$5.5b

Operates as a sports-betting and gaming company in the United Kingdom, Ireland, Italy, rest of Europe, Australia, New Zealand, and internationally.

Kforce

Market Cap: €563.3m

Provides professional staffing services and solutions in the United States.

Smithfield Foods

Market Cap: €9.5b

Produces packaged meats and fresh pork in the United States and internationally.

Grafton Group

Market Cap: UK£1.7b

Distributes and sells building materials and construction related products in Ireland, the United Kingdom, the Netherlands, Finland, and Spain.

Summerset Group Holdings

Market Cap: €2.6b

Develops, owns, and operates integrated retirement villages in New Zealand and Australia.

Edenred

Market Cap: €5.7b

Provides digital platform for services and payments for companies, employees, and merchants worldwide.

ARC Resources

Market Cap: €15.4b

Engages in the acquiring and developing crude oil, natural gas, condensate, and natural gas liquids in Canada.

Amdocs

Market Cap: €9.3b

Through its subsidiaries, provides software and services to communications, entertainment, and media service providers worldwide.

Shin-Etsu Chemical

Market Cap: US$8.2t

Provides infrastructure, electronics, and functional materials in Japan.

Siemens Healthineers

Market Cap: €52.6b

Through its subsidiaries, develops, manufactures, and sells a range of diagnostic and therapeutic products and services to healthcare providers worldwide.

Halfords Group

Market Cap: UK£305.5m

Through its subsidiaries, provides motoring and cycling products and services in the United Kingdom.

Heidelberger Druckmaschinen

Market Cap: €586.2m

Manufactures, sells, and deals in printing presses and other print media industry products in Europe, the Middle East, Africa, the Asia Pacific, and the Americas.

lastminute.com

Market Cap: €161.0m

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

Marex Group

Market Cap: €2.5b

A financial services platform provider company, provides liquidity, market access, and infrastructure services to clients in the energy, commodities, and financial markets in the United Kingdom, the United States, and internationally.

Henan Pinggao ElectricLtd

Market Cap: CN¥20.8b

Researches and develops, manufactures, sells, and services high voltage, super-high voltage, and ultra-high voltage AC/DC switchgear in China.

China Telecom

Market Cap: HK$694.7b

Provides mobile communications, wireline and satellite communications, internet access, cloud computing and computing power, AI, big data, quantum, ICT integration in the People’s Republic of China.

J. Kumar Infraprojects

Market Cap: ₹47.6b

Engages in the construction business in India.

Vardhman Textiles

Market Cap: ₹117.7b

Manufactures, purchases, and sells textiles and fibres in India and internationally.

China Oilfield Services

Market Cap: HK$57.6b

Provides integrated oilfield services in China, Indonesia, Mexico, Norway, the Rest of the Middle East, and internationally.

AIMA Technology Group

Market Cap: CN¥31.4b

Engages in the research and development, production, and sale of electric bicycles, mopeds, and motorcycles in China and internationally.

Asahi Group Holdings

Market Cap: JP¥2.9t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Kumho Petro ChemicalLtd

Market Cap: ₩2.6t

Manufactures and sells synthetic rubber and resins, specialty chemicals, nanocarbon, energy, and building materials in South Korea and internationally.

GT Capital Holdings

Market Cap: ₱146.0b

A conglomerate, engages in the banking, automotive assembly, importation, distribution, dealership and financing, property development, life and non-life insurance, and infrastructure and utilities in the Philippines and internationally.

SIMMTECH

Market Cap: ₩802.1b

Engages in the developing and manufacturing of high-layer printed circuit boards (PCBs) for semiconductors worldwide.

Partron

Market Cap: ₩322.9b

Manufactures and sells electronic components South Korea and internationally.