Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

CapitaLand Malaysia Trust

Market Cap: RM 2.1b

CapitaLand Malaysia Trust (CLMT) is a real estate investment trust (REIT) listed on the Main Market of Bursa Malaysia Securities Berhad since 16 July 2010.

Aeon (M) Bhd

Market Cap: RM 1.5b

Operates and manages a retail chain of departmental stores and supermarkets in Malaysia.

Persimmon

Market Cap: UK£3.6b

Operates as a house builder in the United Kingdom.

Premier Foods

Market Cap: UK£1.6b

Manufactures, distributes, and sells branded and own label food products in the United Kingdom, other European countries, and internationally.

Pan African Resources

Market Cap: UK£2.6b

Engages in the mining, extraction, production, and sale of gold in South Africa.

Hollywood Bowl Group

Market Cap: UK£394.7m

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

Victrex

Market Cap: UK£469.2m

Through its subsidiaries, engages in the manufacture and sale of polymer solutions worldwide.

Aston Martin Lagonda Global Holdings

Market Cap: UK£371.6m

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.

NetEase

Market Cap: US$577.8b

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

Champion Iron

Market Cap: US$2.5b

Engages in the acquisition, exploration, development, and production of iron ore properties in Canada.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp302.1t

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

Indofood Sukses Makmur

Market Cap: Rp52.5t

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

Bayerische Motoren Werke

Market Cap: US$46.0b

Develops, manufactures, and sells automobiles and motorcycles, spare parts, and accessories worldwide.

Asahi Group Holdings

Market Cap: €2.3t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Rainbow Tours

Market Cap: €1.9b

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

Beijing New Building Materials

Market Cap: CN¥41.7b

Manufactures and sells building materials in China and internationally.

Adairs

Market Cap: AU$229.7m

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

Industrial Bank

Market Cap: CN¥386.0b

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

IndiQube Spaces

Market Cap: ₹28.7b

Provides workplace solutions and value-added services in India.

Geely Automobile Holdings

Market Cap: CN¥215.7b

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

Inspur Digital Enterprise Technology

Market Cap: HK$3.6b

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.

Emaar Properties PJSC

Market Cap: د.إ100.8b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

China Construction Bank

Market Cap: HK$2.1t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

Nippon Paint Holdings

Market Cap: JP¥2.3t

Engages in the paints and fine chemicals businesses.

C&D International Investment Group

Market Cap: HK$28.3b

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.

Xtep International Holdings

Market Cap: HK$13.3b

Designs, develops, manufactures, markets, and sells sports footwear, apparel, and accessories for adults and children in Mainland China.

Longfor Group Holdings

Market Cap: HK$57.5b

An investment holding company, engages in the property development, commercial investment, asset management, property management, and smart construction businesses in the People’s Republic of China.

Sinoma International EngineeringLtd

Market Cap: CN¥25.5b

Engages in the engineering, equipment manufacture and supply, and other businesses in China and internationally.

Indegene

Market Cap: ₹101.6b

Operates as a digital-first life sciences commercialization company in India, the United States, Europe, and internationally.

Vikram Solar

Market Cap: ₹68.8b

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

Origin Property

Market Cap: ฿4.2b

Engages in property development in Thailand.

Metcash

Market Cap: AU$3.1b

Operates as a wholesale distribution and marketing company in Australia.

Shenzhen YHLO Biotech

Market Cap: CN¥8.2b

Researches, develops, produces, sells, and services in vitro diagnostic instruments and reagents in China and internationally.

China Hongqiao Group

Market Cap: HK$316.3b

An investment holding company, manufactures and sells aluminum products.

Dentsu Group

Market Cap: JP¥702.8b

Operates in the advertising business in Japan, the Americas, Europe, the Middle East and Africa, and the Asia Pacific.