Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Carrefour

Market Cap: €12.6b

Engages in the operation of stores that offer food and non-food products in various formats and channels in France, Spain, Italy, Belgium, Poland, Romania, Brazil, and Argentina, as well as in the Middle East, Africa, and Asia.

China Foods

Market Cap: HK$7.8b

An investment holding company, manufactures, distributes, markets, and sells Coca-Cola series products in the People’s Republic of China.

Fomento de Construcciones y Contratas

Market Cap: €4.9b

Engages in the environmental services, water management, infrastructure development, and real estate businesses in Europe and internationally.

Comer Industries

Market Cap: €811.0m

Designs and produces engineering systems and mechatronic solutions for power transmission applications in Italy and internationally.

Spectrum Brands Holdings

Market Cap: €1.9b

Operates as a branded consumer products and home essentials company in North America, Europe, the Middle East, Africa, Latin America, and Asia-Pacific regions.

Card Factory

Market Cap: UK£292.0m

Operates as a specialist retailer of cards, gifts, and celebration essentials in the United Kingdom and internationally.

Woodside Energy Group

Market Cap: €43.4b

Engages in the exploration, evaluation, development, production, marketing, and sale of hydrocarbons in the Asia Pacific, Africa, the Americas, and the Europe.

Morgan Advanced Materials

Market Cap: €597.4m

Operates as a materials science and application engineering company primarily the United Kingdom.

Ultimate Products

Market Cap: UK£65.7m

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

Teradata

Market Cap: €2.2b

Provides a connected hybrid cloud analytics and data platform in the United States and internationally.

Teva Pharmaceutical Industries

Market Cap: €18.9b

Develops, manufactures, markets, and distributes generic and other medicines, and biopharmaceutical products in the United States, Europe, Israel, and internationally.

Capgemini

Market Cap: €25.0b

Engages in the provision of 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.

Yuexiu Transport Infrastructure

Market Cap: €6.3b

Invests in, constructs, develops, operates, and manages toll expressways and bridges in the People’s Republic of China.

Invesco

Market Cap: €6.9b

A publicly owned investment manager.

Lithia Motors

Market Cap: €7.8b

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

Thungela Resources

Market Cap: €15.2b

Engages in the mining and production of thermal coal in South Africa and Australia.

Polar Capital Holdings

Market Cap: €423.2m

Polar Capital Holdings plc is a publicly owned investment manager.

Gauzy

Market Cap: US$178.6m

An integrated light and vision control company, develops, manufactures, and supplies liquid crystal controllers and films in Israel, the United States, Europe, France, Asia, and internationally.

Origin Enterprises

Market Cap: €328.2m

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

Kenmare Resources

Market Cap: UK£385.9m

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

Royalty Pharma

Market Cap: €19.3b

Operates as a buyer of biopharmaceutical royalties and a funder of innovation in the biopharmaceutical industry in the United States.

GE HealthCare Technologies

Market Cap: €37.7b

Engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally.

SFL

Market Cap: €1.1b

A maritime and offshore asset owning and chartering company, engages in the ownership, operation, and chartering out of vessels and offshore related assets on medium and long-term charters.

Lenovo Group

Market Cap: €148.1b

An investment holding company, develops, manufactures, and markets technology products and services.

Mattel

Market Cap: €6.6b

A toy and family entertainment company, designs, manufactures, and markets toys and consumer products in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

Pepper Money

Market Cap: €598.4m

Operates as a non-bank lender in the mortgage and asset finance markets in Australia and New Zealand.

Tokuyama

Market Cap: €211.9b

Produces and sells various chemical products in Japan.

Eolus Vind

Market Cap: €1.4b

Primarily engages in the development, construction, and operation of renewable energy assets in Sweden, Norway, Finland, the United States, Poland, Spain, and the Baltic states.

Regional Management

Market Cap: €291.6m

A diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States.

QinetiQ Group

Market Cap: €2.1b

Operates as a science and engineering company in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, and internationally.

Taylor Morrison Home

Market Cap: €6.1b

Operates as a land developer and homebuilder in the United States.

Carnival Corporation &

Market Cap: €27.2b

A cruise company, provides leisure travel services in North America, Australia, Europe, and internationally.

McBride

Market Cap: €244.6m

Manufactures and sells private label household and personal care products to retailers and brand owners in the United Kingdom, Germany, France, Italy, Spain, rest of Europe, Asia-Pacific, and internationally.It operates through five segments: Liquids, Powders, Unit dosing, Aerosols, and Asia Pacific.

Wynn Resorts

Market Cap: Mex$9.0b

Designs, develops, and operates integrated resorts.

IPH

Market Cap: AU$1.2b

Provides intellectual property (IP) services and products.