Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp302.1t

Provides information and communications technology, and telecommunications network services worldwide.

Grupa Pracuj

Market Cap: €2.8b

Operates HR technology platform in Poland, Ukraine, and Germany.

Sabio Holdings

Market Cap: CA$15.4m

Operates as a technology provider in the advertising areas of connected TV (CTV) and over-the-top (OTT) streaming in the United States and the United Kingdom.

LiveRamp Holdings

Market Cap: US$1.8b

A technology company, operates a data collaboration platform in the United States, Europe, the Asia-Pacific, and internationally.

First Bank

Market Cap: €380.2m

Provides various banking products and services to small and mid-sized businesses and individuals.

East West Bancorp

Market Cap: US$14.4b

Operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States.

Curaleaf Holdings

Market Cap: US$2.5b

Engages in the retail and wholesale of cannabis products in the United States and internationally.

American Integrity Insurance Group

Market Cap: €375.7m

Operates as an insurance company in the United States.

Arnoldo Mondadori Editore

Market Cap: €510.0m

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

Business First Bancshares

Market Cap: €857.0m

Operates as the bank holding company for b1BANK that provides various banking products and services in Louisiana and Texas.

XP

Market Cap: US$9.8b

Provides financial products and services in Brazil.

Pollard Banknote

Market Cap: €502.1m

Engages in the manufacture and sale of lottery and charitable gaming products and solutions in the United States, Canada, and internationally.

Travere Therapeutics

Market Cap: US$2.6b

A biopharmaceutical company, identifies, develops, and delivers therapies to people living with rare kidney and metabolic diseases in the United States.

Sabre

Market Cap: €626.3m

Operates as a software and technology company for the travel industry in the United States, Europe, Asia-Pacific, and internationally.

Bosideng International Holdings

Market Cap: US$47.5b

Engages in the apparel business in the People’s Republic of China.

Abercrombie & Fitch

Market Cap: US$4.0b

Through its subsidiaries, operates as an omnichannel retailer in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Brinker International

Market Cap: €6.2b

Owns, develops, operates, and franchises casual dining restaurants in the United States and internationally.

Gap

Market Cap: US$8.9b

Operates as an apparel retail company in the United States, Canada, Japan, Taiwan, and internationally.

Myer Holdings

Market Cap: €527.9m

Operates department stores in Australia and New Zealand.

Ayvens

Market Cap: €7.9b

Provides service leasing and vehicle fleet management services in the France, Rest of Europe, Latin America, Asia, and internationally.

Ernst Russ

Market Cap: €244.6m

A publicly owned investment manager.

Regis Resources

Market Cap: US$5.3b

Engages in the exploration, evaluation, and development of gold projects in Australia.

Hochschild Mining

Market Cap: UK£3.0b

A precious metals company, engages in the exploration, mining, processing, and sale of gold and silver deposits in Peru, Argentina, the United Kingdom, Canada, Brazil, and Chile.

Torex Gold Resources

Market Cap: US$6.1b

A mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Mexico and the United States.

JOYY

Market Cap: US$3.0b

Engages in the provision of social product matrix and communication technology.

Huhtamäki Oyj

Market Cap: €3.0b

Provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally.

Green Thumb Industries

Market Cap: €2.1b

Manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States.

Orion Group Holdings

Market Cap: US$410.5m

Operates as a specialty construction company for the infrastructure, industrial, and building sectors in the United States, Canada, and the Caribbean Basin.

Geely Automobile Holdings

Market Cap: US$195.8b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

Hoenle

Market Cap: €56.9m

Develops, manufactures, and distributes industrial UV technologies and systems in Germany and internationally.

GFT Technologies

Market Cap: €477.2m

Provides digital transformation services.

Enovis

Market Cap: US$1.3b

A medical technology company, focuses on developing clinically differentiated solutions in the United States and internationally.

A. O. Smith

Market Cap: €9.1b

Manufactures and markets residential and commercial gas and electric water heaters, boilers, heat pumps, tanks, and water treatment products in North America, China, Europe, and India.

Prudential

Market Cap: UK£26.9b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.

Aston Martin Lagonda Global Holdings

Market Cap: UK£399.7m

Engages in the design, development, manufacture, and marketing of luxury sports cars in the United Kingdom, the Americas, the Middle East, Africa, rest of Europe, and the Asia Pacific.