Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

BYD Electronic (International)

Market Cap: US$73.0b

An investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People’s Republic of China and internationally.

ISOTeam

Market Cap: S$71.8m

Operates in the building maintenance and estate upgrading industry in Singapore.

WemadeLtd

Market Cap: ₩929.6b

Develops and publishes games in South Korea and internationally.

LHN

Market Cap: S$286.4m

An investment holding company, engages in space optimization, property development, facilities management services, and energy businesses in Singapore, Hong Kong, Myanmar, Indonesia, and Cambodia.

Inspur Digital Enterprise Technology

Market Cap: HK$4.9b

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.

Security Bank

Market Cap: ₱54.0b

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

National Medical Care

Market Cap: ر.س5.5b

National Medical Care Company establishes, owns, equips, manages, maintains, and operates healthcare facilities in the Kingdom of Saudi Arabia.

REC

Market Cap: ₹927.4b

Engages in the provision of financing services for power generation, transmission, and distribution projects in India.

Sasseur Real Estate Investment Trust

Market Cap: S$866.4m

Invests in a portfolio of real estate and related assets.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥33.9b

Manufactures and sells power distribution in China and internationally.

IndiQube Spaces

Market Cap: ₹37.8b

Provides workplace solutions and value-added services in India.

Huali Industrial Group

Market Cap: CN¥56.4b

Engages in the design, development, production, and sale of sports shoes in China and internationally.

Bethel Automotive Safety Systems

Market Cap: CN¥31.2b

Develops, manufactures, and sells automotive chassis systems and advanced driving systems in China.

Chongqing Baiya Sanitary Products

Market Cap: CN¥9.2b

Chongqing Baiya Sanitary Products Co., Ltd.

Middle East Healthcare

Market Cap: ر.س3.0b

A healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Middle East and North Africa.

Sichuan Baicha Baidao Industrial

Market Cap: HK$9.7b

An investment holding company, provides tea drink products in the People’s Republic of China.

Bear Electric ApplianceLtd

Market Cap: CN¥6.9b

Engages in the research and development, design, production, and sale of small household appliances under Bear brand name in China and internationally.

Tsingtao Brewery

Market Cap: CN¥73.5b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Huaibei Mining HoldingsLtd

Market Cap: CN¥35.2b

Primarily engages in coal mining, washing, processing, sales, and production of coal chemical products in China.

Converge Information and Communications Technology Solutions

Market Cap: ₱102.7b

Converge Information and Communications Technology Solutions, Inc.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥14.8b

Engages in the research, development, manufacturing, and sale of invasive medical devices in China and internationally.

Adairs

Market Cap: AU$354.7m

Operates as a specialty retailer of home furnishings, furniture, and decoration products in Australia and New Zealand.

Vikram Solar

Market Cap: ₹67.8b

Manufactures and sells solar photovoltaic modules/systems in India and internationally.

Guangdong Haid Group

Market Cap: CN¥88.3b

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

China South Publishing & Media Group

Market Cap: CN¥19.6b

Engages in the publishing, printing, distribution, media, and financing businesses in China.

Hansen Technologies

Market Cap: AU$1.1b

Engages in the development, integration, and support of billing and customer information systems.

China Tower

Market Cap: HK$195.8b

Provides telecommunication tower infrastructure services in the People's Republic of China.

Indofood Sukses Makmur

Market Cap: Rp58.4t

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

Aeris Resources

Market Cap: AU$610.6m

Explores, produces, and sells precious metals in Australia.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥10.2b

Provides chemical supply chain solutions worldwide.

ARN Media

Market Cap: AU$114.3m

Operates as a media and entertainment company in Australia and Hong Kong.

Trajan Group Holdings

Market Cap: AU$94.6m

Develops, manufactures, and sells analytical and life science products and devices in Malaysia, Japan, Australia, New Zealand, the United States, Europe, the Middle East, Africa, and India.

Gecina

Market Cap: €5.7b

A leading operator that fully integrates all real estate expertise, owning, managing, and developing a unique prime portfolio valued at 17.6bn pounds as at December 31, 2025.

Havas

Market Cap: €1.7b

Provides communications and marketing services in France, the United Kingdom, rest of Europe, North America, Latin America, the Asia-Pacific, and Africa.

Bertrandt

Market Cap: €198.1m

Provides engineering services.