Global Potentially Undervalued Companies

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.

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Tenaris

Market Cap: €15.3b

Manufactures and supplies steel pipe products and related services for the energy industry and other industrial applications in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.

Royalty Pharma

Market Cap: €18.2b

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

Lenovo Group

Market Cap: €117.8b

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

CENIT

Market Cap: €73.0m

Operates as an IT consultancy and software company that serves manufacturing and financial services industries in Germany, Austria, Switzerland, North America, Romania, France, Belgium, the Netherlands, and China.

Merchants Bancorp

Market Cap: US$1.4b

Operates as the diversified bank holding company in the United States.

Lindblad Expeditions Holdings

Market Cap: US$557.5m

Provides marine expedition adventures and travel experience worldwide.

Indivior

Market Cap: €1.0b

Develops, manufactures, and sells buprenorphine-based prescription drugs for the treatment of opioid dependence and related disorders in the United States, Europe, Canada, Australia, and internationally.

Hackett Group

Market Cap: US$679.2m

Operates as an intellectual property platform-based generative artificial intelligence strategic consulting and executive advisory digital transformation in the United States, Europe, and internationally.

Sanofi

Market Cap: €112.2b

A healthcare company, engages in the research, development, manufacture, and marketing of therapeutic solutions in the United States, Europe, and internationally.

Global Dominion Access

Market Cap: €452.9m

Provides integral services for business process efficiency and sustainability worldwide.

Exxaro Resources

Market Cap: €34.5b

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

Bristol-Myers Squibb

Market Cap: €95.3b

Bristol-Myers Squibb Company discovers, develops, licenses, manufactures, markets, distributes, and sells biopharmaceutical products worldwide.

Bertrandt

Market Cap: €182.9m

Provides engineering services.

Nilfisk Holding

Market Cap: €2.4b

Develops, manufactures, and sells cleaning solutions and services worldwide.

Amphastar Pharmaceuticals

Market Cap: US$1.2b

A bio-pharmaceutical company, develops, manufactures, markets, and sells generic and proprietary injectable, inhalation, and intranasal products in the United States, China, and France.

Serabi Gold

Market Cap: CA$114.0m

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

Sword Group

Market Cap: €308.5m

Provides IT and software solutions worldwide.

GE HealthCare Technologies

Market Cap: €31.7b

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.

Fidelity National Financial

Market Cap: €14.8b

Provides various insurance products in the United States.

DOF Group

Market Cap: €21.2b

Owns and operates a fleet of offshore and subsea vessels.

Teradata

Market Cap: €2.1b

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

Tokuyama

Market Cap: €201.3b

Produces and sells various chemical products in Japan.

Hafnia

Market Cap: US$25.9b

Owns and operates oil product tankers in Bermuda.

Bidvest Group

Market Cap: €79.8b

An investment holding company, engages in services, trading, and distribution businesses in South Africa and internationally.

Bosideng International Holdings

Market Cap: €51.2b

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

TotalEnergies

Market Cap: €112.7b

A multi-energy company, produces and markets oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables, and electricity in France, rest of Europe, and internationally.

CENIT

Market Cap: €73.0m

Operates as an IT consultancy and software company that serves manufacturing and financial services industries in Germany, Austria, Switzerland, North America, Romania, France, Belgium, the Netherlands, and China.

Ribbon Communications

Market Cap: US$619.7m

Provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally.

Tennant

Market Cap: US$1.4b

Designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Esprinet

Market Cap: €196.8m

Engages in the wholesale distribution of information technology (IT) products and consumer electronics in Italy, Spain, Portugal, and rest of Europe.

Lithia Motors

Market Cap: €8.1b

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

Arnoldo Mondadori Editore

Market Cap: €559.4m

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

q.beyond

Market Cap: €111.9m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

Quest Resource Holding

Market Cap: €44.2m

Provides solutions for the reuse, recycling, and disposal of various waste streams and recyclables in the United States.