Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Cheniere Energy

Market Cap: €45.0b

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

Polar Capital Holdings

Market Cap: €508.1m

Polar Capital Holdings plc is a publicly owned investment manager.

F5

Market Cap: €13.9b

Provides multicloud application security and delivery solutions in the United States, Europe, the Middle East, Africa, and the Asia Pacific region.

Compagnie de Saint-Gobain

Market Cap: €41.4b

Designs, manufactures, and distributes materials and solutions for the construction and industrial markets worldwide.

Capgemini

Market Cap: €23.3b

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.

Robert Walters

Market Cap: €92.7m

Provides professional recruitment consultancy services worldwide.

DOF Group

Market Cap: €23.4b

Owns and operates a fleet of offshore and subsea vessels.

Open Text

Market Cap: €8.3b

Designs, develops, markets, and sells information management software and solutions in North, Central, and South America, Europe, the Middle East, Africa, Australia, Japan, Singapore, India, and China.

Origin Enterprises

Market Cap: €413.9m

Provides agronomy services company in Ireland, the United Kingdom, Brazil, Poland, Romania, Latin America, and internationally.

Carnival Corporation &

Market Cap: €33.7b

A cruise company, provides leisure travel services in North America, Australia, Europe, and internationally.

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.

Asahi Group Holdings

Market Cap: €2.6t

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

Premier Foods

Market Cap: UK£1.5b

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

Koenig & Bauer

Market Cap: €165.6m

Develops and manufactures printing and postprint systems worldwide.

Skymark Airlines

Market Cap: €22.4b

Provides scheduled air transportation services.

Curaleaf Holdings

Market Cap: US$2.5b

Produces and distributes cannabis products in the United States and internationally.

Quanex Building Products

Market Cap: US$605.3m

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

Chorus Aviation

Market Cap: CA$544.7m

Through its subsidiaries, provides aviation services.

TravelSky Technology

Market Cap: US$31.5b

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

Lithia Motors

Market Cap: €7.7b

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

Sabio Holdings

Market Cap: CA$15.4m

Operates as a technology provider in the advertising areas of connected TV (CTV) and over-the-top (OTT) streaming in the United States and the United Kingdom.

GFT Technologies

Market Cap: €459.9m

Provides digital transformation services.

Flowco Holdings

Market Cap: US$1.5b

Through its subsidiaries, provides production optimization, artificial lift, and methane abatement solutions for the oil and natural gas industry in the United States.

MarineMax

Market Cap: US$513.7m

Operates as a recreational boat and yacht retailer and superyacht services company in the United States.

Arnoldo Mondadori Editore

Market Cap: €532.1m

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

CEWE Stiftung KGaA

Market Cap: €689.8m

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

Globe Life

Market Cap: US$10.4b

Through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle- and middle-income families in the United States.

Transcontinental

Market Cap: CA$1.7b

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

Aspen Pharmacare Holdings

Market Cap: €41.7b

Manufactures and markets specialty and branded pharmaceutical products in Africa, the Middle East, the Americas, Europe CIS, Australasia, and Asia.

H.I.S

Market Cap: €91.0b

Provides travel agency services internationally.

DNO

Market Cap: €14.4b

Engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa.

Semapa - Sociedade de Investimento e Gestão SGPS

Market Cap: €1.3b

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.

Sanofi

Market Cap: €104.2b

Engages in the research, development, manufacture, and marketing of therapeutic solutions.

Grupo Mateus

Market Cap: R$11.7b

Operates a supermarket chain in Brazil.

Sangoma Technologies

Market Cap: US$246.6m

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