Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

China Mengniu Dairy

Market Cap: HK$55.0b

An investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People’s Republic of China and internationally.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥15.5b

Researches, develops, manufactures, and sells minimally invasive medical devices to hospitals and clinics worldwide.

Adairs

Market Cap: AU$360.0m

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

C&D International Investment Group

Market Cap: HK$35.7b

An investment holding company, engages in the property development, real estate industry chain investment services, and industry investment activities in the People’s Republic of China.

Guangdong Haid Group

Market Cap: CN¥96.8b

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

China Railway Group

Market Cap: CN¥130.5b

Operates as a multi-functional integrated construction company in Mainland China and internationally.

Anker Innovations

Market Cap: CN¥62.7b

Develops and sells mobile charging products.

KH Neochem

Market Cap: JP¥96.6b

Researches, manufactures, and sells of petrochemical products in Japan and internationally.

BOC Aviation

Market Cap: HK$47.3b

Operates as an aircraft operating leasing company in Mainland China, Hong Kong, Macau, Taiwan, rest of the Asia Pacific, the Americas, Europe, the Middle East, and Africa.

Industrial Bank

Market Cap: CN¥428.1b

Provides banking services in the People’s Republic of China.

China Resources Land

Market Cap: HK$200.1b

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

IPH

Market Cap: AU$964.9m

Provides intellectual property (IP) services and products.

Métropole Télévision

Market Cap: €1.5b

Operates as a multimedia group in France.

Robert Walters

Market Cap: €99.0m

Provides professional recruitment consultancy services worldwide.

Alaris Equity Partners Income Trust

Market Cap: €887.7m

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

Flowco Holdings

Market Cap: US$1.5b

Through its subsidiaries, provides production optimization, artificial lift, and methane abatement solutions for the oil and natural gas industry in the United States.

Kaufman & Broad

Market Cap: €572.7m

Operates as a property developer and builder in France.

Lithia Motors

Market Cap: €7.6b

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

EOG Resources

Market Cap: €57.8b

Explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in producing basins in the United States, the Republic of Trinidad and Tobago, and internationally.

ARYZTA

Market Cap: CHF 1.3b

Provides products and services for in-store bakery solutions in Europe and internationally.

Global Dominion Access

Market Cap: €476.9m

Provides integral services for business process efficiency and sustainability worldwide.

Civitas Resources

Market Cap: US$2.7b

An exploration and production company, focuses on the acquisition, development, and production of crude oil and associated liquids-rich natural gas.

Cadeler

Market Cap: NOK 16.5b

Engages in offshore wind farm installation, operations, and maintenance services in Denmark.

Kyivstar Group

Market Cap: US$3.2b

Provides a range of mobile communication and home Internet services in Ukraine.

Arnoldo Mondadori Editore

Market Cap: €542.5m

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

Cyfrowy Polsat

Market Cap: €8.5b

Provides digital satellite platform and terrestrial television (TV), and telecommunication services primarily in Poland.

Gecina

Market Cap: €6.0b

A leading operator, that fully integrates all real estate expertise, owning, managing, and developing a unique prime portfolio valued at €17.0bn as at June 30, 2025.

Yalla Group

Market Cap: US$1.2b

Operates a social networking and gaming platform in the Middle East and North Africa region.

Surgery Partners

Market Cap: US$2.8b

Owns and operates a network of surgical facilities and ancillary services in the United States.

Rainbow Tours

Market Cap: €1.8b

Operates as a tour operator in Poland, the Czech Republic, Greece, Spain, Turkey, Slovakia, Lithuania, and internationally.

Origin Enterprises

Market Cap: €402.1m

Provides agronomy services company in Ireland, the United Kingdom, Brazil, Poland, Romania, Latin America, and internationally.

Suzano

Market Cap: R$60.4b

Manufactures and sells pulp and paper products in Brazil and internationally.

Korn Ferry

Market Cap: US$3.4b

Engages in the provision of organizational consulting services worldwide.

Ag Growth International

Market Cap: CA$678.3m

Manufactures and distributes equipment for bulk agriculture commodities worldwide.

Fortune Brands Innovations

Market Cap: US$6.1b

Engages in the provision of home and security products for residential home repair, remodeling, new construction, and security applications in the United States and internationally.