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.

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.

lastminute.com

Market Cap: CHF 159.4m

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

Beazley

Market Cap: €4.8b

Provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally.

LKQ

Market Cap: US$8.1b

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.

Hollywood Bowl Group

Market Cap: UK£422.1m

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

CEWE Stiftung KGaA

Market Cap: €660.7m

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

Luceco

Market Cap: €183.0m

Manufactures and distributes wiring accessories, LED lighting, and portable power products in the United Kingdom, the Americas, Europe, the Middle East, Africa, the Asia Pacific.

CTO Realty Growth

Market Cap: €558.7m

A publicly traded real estate investment trust that owns and operates a portfolio of high-quality, retail-based properties located primarily in higher growth markets in the United States.

Aica Kogyo Company

Market Cap: €234.1b

Develops, produces, and sells chemical products, and laminates and building materials in Japan and internationally.

CNH Industrial

Market Cap: €15.1b

An equipment and services company, engages in the design, production, marketing, sale, and financing of agricultural and construction equipment in North America, Europe, the Middle East, Africa, South America, and the Asia Pacific.

INDUS Holding

Market Cap: €556.4m

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

China Mengniu Dairy

Market Cap: €63.2b

An investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People’s Republic of China and internationally.

Cabka

Market Cap: €45.7m

Manufactures and sells pallets and large containers made from recycled plastic in Europe, North America, and internationally.

Persimmon

Market Cap: UK£3.5b

Operates as a house builder in the United Kingdom.

Capgemini

Market Cap: €21.1b

Provides consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

Arcadis

Market Cap: €3.6b

Offers design, engineering, architecture, and consultancy solutions for natural and built assets in The Americas, Europe, the Middle East, and the Asia Pacific.

Transcontinental

Market Cap: €1.7b

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

Grand Pharmaceutical Group

Market Cap: €32.6b

An investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical preparations and medical devices, biotechnology and healthcare products, and pharmaceutical raw materials.

Regeneron Pharmaceuticals

Market Cap: €60.9b

Regeneron Pharmaceuticals, Inc. discovers, invents, develops, manufactures, and commercializes medicines for treating various diseases worldwide.

Grafton Group

Market Cap: €1.7b

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

Econocom Group

Market Cap: €295.7m

Designs and develops digital solutions for public and private companies in Belgium and internationally.

EVS Broadcast Equipment

Market Cap: €471.8m

Provides live video technology for broadcast and media productions in the United States, Europe, Africa, Middle East, and Asia Pacific.

Evonik Industries

Market Cap: €7.8b

Produces and sells specialty chemicals in the Asia-Pacific, Europe, the Middle East, Africa, Central and South America, and North America.

Koenig & Bauer

Market Cap: €251.5m

Develops and manufactures printing and postprint systems worldwide.

Housing and Development Bank- Egypt (S.A.E)

Market Cap: ج.م34.1b

Together with its, provides corporate and retail banking services in Egypt.

Robert Walters

Market Cap: €100.0m

Provides professional recruitment consultancy services worldwide.

Acrow

Market Cap: €312.6m

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

Premier Foods

Market Cap: UK£1.7b

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

Carmila

Market Cap: €2.4b

As the third-largest listed owner of commercial property in Europe, Carmila was founded by Carrefour and large institutional investors in order to enhance the value of shopping centres adjoining Carrefour hypermarkets in France, Spain and Italy.

PLDT

Market Cap: US$262.3b

Provides telecommunications and digital services in the Philippines.

Sanofi

Market Cap: €105.5b

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

q.beyond

Market Cap: €116.1m

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

Sangoma Technologies

Market Cap: US$266.4m

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