Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

China Aviation Oil (Singapore)

Market Cap: €1.8b

Trades in and supplies jet fuel to civil aviation industry worldwide.

Acrow

Market Cap: €303.8m

Provides smart integrated construction systems across formwork, industrial services, and commercial scaffolding in Australia.

NetEase

Market Cap: US$586.4b

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.

ANTA Sports Products

Market Cap: €239.5b

Engages in the research, design, development, manufacture, market, and sale of professional sports footwear, apparel, and accessories in China and internationally.

Yuexiu Transport Infrastructure

Market Cap: €6.8b

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

Havas

Market Cap: €1.6b

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

Prudential

Market Cap: UK£28.0b

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

Sleep Cycle

Market Cap: €365.0m

Engages in the development of sleep analysis applications in Sweden and internationally.

Persimmon

Market Cap: UK£3.7b

Operates as a house builder in the United Kingdom.

Ferrari Group

Market Cap: €718.5m

Provides shipping, integrated logistics, and value-added services for jewelry and precious goods in Europe, Asia, North America, Brazil, and internationally.

Andean Precious Metals

Market Cap: €1.1b

Engages in the acquisition, exploration, development, and processing of mineral resource properties in the United States.

Cheniere Energy

Market Cap: €52.8b

An energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States.

Grafton Group

Market Cap: €1.8b

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

Aegean Airlines

Market Cap: €1.2b

Operates as an airline company that engages in the provision of public airline transportation services in Greece and internationally.

GFT Technologies

Market Cap: €485.2m

Provides digital transformation services.

American Integrity Insurance Group

Market Cap: €384.2m

Operates as an insurance company in the United States.

SergeFerrari Group

Market Cap: €79.7m

Designs, develops, manufactures, and markets composite materials for lightweight architectural and outdoor applications in France and internationally.

Ovintiv

Market Cap: €15.0b

Operates as an oil and natural gas exploration and production company in North America.

Bertrandt

Market Cap: €156.6m

Provides engineering services.

Exxaro Resources

Market Cap: €49.3b

Engages in coal, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Asia, and internationally.

CENIT

Market Cap: €58.2m

Provides software solutions and associated software consulting and integration services.

Hollywood Bowl Group

Market Cap: UK£439.2m

Operates ten-pin bowling and mini-golf centers in the United Kingdom and Canada.

Compagnie de Saint-Gobain

Market Cap: €38.4b

Designs, manufactures, and distributes materials and solutions for the construction and industrial markets worldwide.

Arnoldo Mondadori Editore

Market Cap: €546.0m

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

Tongcheng Travel Holdings

Market Cap: €43.6b

An investment holding company, provides travel related services in the People’s Republic of China.

Mears Group

Market Cap: €326.9m

Provides various outsourced services to the public and private sectors in the United Kingdom.

PENN Entertainment

Market Cap: €2.0b

Provides integrated entertainment, sports content, and casino gaming experiences in the United States and internationally.

Transcontinental

Market Cap: €461.6m

Engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, and internationally.

Man Wah Holdings

Market Cap: €16.4b

An investment holding company, engages in the manufacture and distribution of sofas and ancillary products in the People's Republic of China, Europe, Vietnam, Mexico, and internationally.

Indofood Sukses Makmur

Market Cap: €60.8t

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

Pepper Money

Market Cap: €808.6m

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

CEWE Stiftung KGaA

Market Cap: €668.9m

Operates as a photo service and online printing provider in Germany and internationally.

Perrigo

Market Cap: €1.6b

Provides over-the-counter health and wellness solutions in the United States, Europe, and internationally.

ProCredit Holding

Market Cap: €520.7m

Provides commercial banking products and services for small and medium enterprises and private clients in Europe, South America, and Germany.

Green Thumb Industries

Market Cap: €2.1b

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