Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

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.

Tsingtao Brewery

Market Cap: HK$87.7b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Proya CosmeticsLtd

Market Cap: CN¥36.2b

A beauty and personal care company, researches, develops, produces, and sells cosmetics in China.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥8.9b

Manufactures and sells steel structures and supporting products in China and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥24.7b

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

Sasseur Real Estate Investment Trust

Market Cap: S$882.1m

Invests in a portfolio of real estate and related assets.

Trajan Group Holdings

Market Cap: AU$141.7m

Develops, manufactures, sells, and distributes analytical and life science products and devices in Australia, New Zealand, Malaysia, Japan, the United States, Europe, the Middle East, Africa, and India.

Monash IVF Group

Market Cap: AU$261.1m

Engages in the provision of assisted reproductive and specialist women imaging services in Australia and Malaysia.

Chorus Aviation

Market Cap: US$555.7m

Through its subsidiaries, provides aviation services.

Assetwise

Market Cap: ฿5.3b

Engages in property development and other real estate activities in Thailand.

Acrow

Market Cap: AU$312.6m

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

Anheuser-Busch InBev

Market Cap: €105.9b

Produces, distributes, exports, markets, and sells beer in North America, Middle Americas, South America, Europe, the Middle East, Africa, and the Asia Pacific.

Indofood Sukses Makmur

Market Cap: Rp67.6t

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

Shenzhen Fuanna Bedding and FurnishingLtd

Market Cap: CN¥6.2b

Engages in the research and development, design, production, and sale of textile home furnishing, sleep home furnishing, and living products in China and internationally.

Vardhman Textiles

Market Cap: ₹115.2b

Manufactures, purchases, and sells textiles and fibres in India and internationally.

Beijing New Building Materials

Market Cap: CN¥46.1b

Manufactures and sells building materials in China and internationally.

Bangchak Corporation

Market Cap: ฿45.1b

Engages in the refining and marketing of petroleum products in Thailand, Singapore, Norway, Korea, Laos, and internationally.

Worley

Market Cap: AU$6.5b

Provides professional services to energy, chemicals, and resources sectors worldwide.

Ningbo Deye Technology Group

Market Cap: CN¥54.2b

Engages in the production and sales of heat exchangers, inverters, and dehumidifiers in South Africa, Brazil, Hongkong, Germany, India, and internationally.

LX Semicon

Market Cap: ₩878.3b

Operates as a semiconductor company in South Korea, China, Vietnam, Taiwan, Japan, and internationally.

Middle East Healthcare

Market Cap: ر.س5.3b

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

CapitaLand Malaysia Trust

Market Cap: RM 2.0b

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

Aeon (M) Bhd

Market Cap: RM 1.8b

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

Tenaga Nasional Berhad

Market Cap: RM 78.3b

Engages in the generation, transmission, distribution, and sale of electricity in Malaysia, the United Kingdom, Kuwait, the Republic of Ireland, Australia, and internationally.

MOIL

Market Cap: ₹66.2b

Engages in the exploration, development, and marketing of various grades of manganese ores in India.

Austriacard Holdings

Market Cap: €203.2m

Operates as a technology company in the fields of people, authentication of object, and information management in Western Europe, Nordics, the Americas, Central and Eastern Europe, Germany, Austria, Switzerland, Türkiye, the Middle East, and Africa.

Sanofi

Market Cap: €105.2b

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

Cosmo Pharmaceuticals

Market Cap: CHF 929.2m

Focuses on the development and commercialization products for gastroenterology, dermatology, and healthtech worldwide.

ACT Energy Technologies

Market Cap: CA$164.6m

Provides directional drilling services to oil and natural gas companies in Canada and the United States.

Colabor Group

Market Cap: CA$76.5m

Colabor Group Inc., together with its subsidiaries, markets, distributes, and wholesales food and food-related products in Canada.

Eiffage

Market Cap: €10.1b

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

d'Amico International Shipping

Market Cap: €452.8m

Through its subsidiaries, operates as a marine transportation company worldwide.

Sanofi

Market Cap: €105.2b

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

Carlsberg

Market Cap: US$106.8b

Produces and markets beer and other beverage products in Denmark, China, the United Kingdom, and internationally.

MONY Group

Market Cap: UK£1.1b

Engages in the provision of price comparison and lead generation services through its websites and applications in the United Kingdom.