Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Middle East Healthcare

Market Cap: ر.س4.7b

A healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Middle East and North Africa.

Security Bank

Market Cap: ₱52.4b

Provides banking and financial products and services to wholesale and retail clients in the Philippines.

TAKKT

Market Cap: €288.4m

Operates as a B2B direct marketing company for business equipment in Europe and North America.

TravelSky Technology

Market Cap: US$30.3b

Provides information technology (IT) solutions for the aviation and travel industries in the People’s Republic of China.

Semapa - Sociedade de Investimento e Gestão SGPS

Market Cap: €1.4b

Through its subsidiaries, produces and sells pulp, printing and writing papers, and tissues in Portugal, the rest of Europe, the United States, Africa, Asia, and Oceania.

Stanmore Resources

Market Cap: €1.9b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

Northpointe Bancshares

Market Cap: €544.7m

Operates as the bank holding company for Northpointe Bank provides various banking products and services in the United States.

CEWE Stiftung KGaA

Market Cap: €681.4m

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

Indofood Sukses Makmur

Market Cap: €65.0t

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

LKQ

Market Cap: US$7.7b

Engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories.

Kemira Oyj

Market Cap: €2.9b

Operates as a chemicals company in Finland, rest of Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Gamma Communications

Market Cap: UK£930.8m

Provides technology-based communications and software services to small, medium, and large-sized organizations in the United Kingdom, rest of Europe, and internationally.

lastminute.com

Market Cap: CHF 145.0m

Operates in the online travel industry providing dynamic holiday packages in Italy, Spain, the United Kingdom, France, Germany, and internationally.

Sangoma Technologies

Market Cap: US$234.6m

Develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications in the United States of America and internationally.

Altea Green Power

Market Cap: €120.9m

Supplies and manages renewable energy plants in Italy and the United States.

Chorus Aviation

Market Cap: CA$620.1m

Through its subsidiaries, provides aviation services.

Asahi Group Holdings

Market Cap: €2.5t

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

Fortune Brands Innovations

Market Cap: US$6.0b

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.

INDUS Holding

Market Cap: €558.9m

A private equity firm specializing in mergers and acquisitions and corporate spin-offs.

Quanex Building Products

Market Cap: US$660.5m

Provides components for the fenestration industry in the United States, Europe, Canada, Asia, and internationally.

1st Source

Market Cap: US$1.4b

Operates as the bank holding company for 1st Source Bank that provides commercial and consumer banking services, trust and wealth advisory services, and insurance products to individual and business clients in the United States.

Jazz Pharmaceuticals

Market Cap: €8.2b

Jazz Pharmaceuticals plc identifies, develops, and commercializes pharmaceutical products in the United States, Europe, and internationally.

Brighthouse Financial

Market Cap: €2.6b

Provides annuity and life insurance products in the United States.

Rayonier

Market Cap: US$3.5b

Rayonier is a leading timberland real estate investment trust with assets located in some of the most productive softwood timber growing regions in the United States.

Serabi Gold

Market Cap: CA$179.9m

Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.

ICG

Market Cap: UK£5.6b

A private equity firm specializing in direct and fund of fund investments.

Eiffage

Market Cap: €10.3b

Engages in the construction and concessions industries in France, rest of Europe, and internationally.

Ernst Russ

Market Cap: €235.2m

A publicly owned investment manager.

Capital Bancorp

Market Cap: US$462.4m

Operates as the bank holding company for Capital Bank, N.A.

OFG Bancorp

Market Cap: €1.7b

A financial holding company, provides a range of banking and financial services in the United States.

Lithia Motors

Market Cap: €7.9b

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

Cheniere Energy

Market Cap: €46.4b

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

Arnoldo Mondadori Editore

Market Cap: €543.8m

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

Sulzer

Market Cap: CHF 4.6b

Develops and sells products and services for fluid engineering and chemical processing applications worldwide.

Kyivstar Group

Market Cap: US$3.1b

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