Global Potentially Undervalued Companies

Carrefour

Market Cap: €12.6b

Operates as a food retailer in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, the Middle East, Africa, and Asia.

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.

BP

Market Cap: UK£52.5b

An integrated energy company, provides carbon products and services.

Polar Capital Holdings

Market Cap: €361.5m

Polar Capital Holdings plc is a publicly owned investment manager.

Red Rock Resorts

Market Cap: US$4.1b

Through its interest in Station Casinos LLC, develops and manages casino and entertainment properties in the United States.

Bombardier

Market Cap: US$8.0b

Engages in the design, manufacture, and sale of business aircraft and aircraft structural components worldwide.

Hanmi Financial

Market Cap: US$612.2m

Operates as the holding company for Hanmi Bank that provides business banking products and services in the United States.

TELUS International (Cda)

Market Cap: CA$664.3m

Offers digital customer experience and digital solutions in the Asia-Pacific, the Central America, Europe, Africa, North America, and internationally.

Nexus Industrial REIT

Market Cap: CA$598.3m

A growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition of industrial properties located in primary and secondary markets in Canada, and the ownership and management of its portfolio of properties.

Asbury Automotive Group

Market Cap: US$4.5b

Operates as an automotive retailer in the United States.

Nordex

Market Cap: €3.6b

Develops, manufactures, and distributes multi-megawatt onshore wind turbines worldwide.

TD SYNNEX

Market Cap: US$8.6b

Operates as a distributor and solutions aggregator for the information technology (IT) ecosystem.

TEGNA

Market Cap: US$2.5b

Operates as a journalism company in the United States.

Sword Group

Market Cap: €298.1m

Provides IT and software solutions worldwide.

United Natural Foods

Market Cap: €1.5b

Distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada.

Ribbon Communications

Market Cap: US$607.1m

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

Absa Group

Market Cap: €141.3b

Provides retail and business banking, corporate and investment banking, insurance, financial, and wealth management products and services in South Africa and internationally.

China Everbright Environment Group

Market Cap: €21.1b

An investment holding company, provides environmental solutions worldwide.

L.D.C

Market Cap: €2.6b

Produces and sells poultry and processed products in France and internationally.

Travel + Leisure

Market Cap: €2.8b

Provides hospitality services and travel products in the United States and internationally.

Kenmare Resources

Market Cap: UK£355.1m

Engages in the production and sale of mineral sand products in China, the rest of Asia, Europe, the United States, and internationally.

Tate & Lyle

Market Cap: €2.2b

Engages in the provision of ingredients and solutions to the food, beverage, and other industries in North America, Asia, Middle East, Africa, Latin America, and Europe.

Aker BP

Market Cap: €137.5b

Explores for, develops, and produces oil and gas on the Norwegian Continental Shelf.

Verbio

Market Cap: €550.2m

Engages in the production and distribution of fuels and finished products in Germany, Europe, North America, and internationally.

Stabilus

Market Cap: €550.8m

Manufactures and sells gas springs, dampers, electromechanical damper opening systems, vibration isolation products, and industrial components in Europe, the Middle East, Africa, North and South America, the Asia-Pacific, and internationally.

Tokuyama

Market Cap: €181.8b

Produces and sells various chemical products in Japan.

Banca IFIS

Market Cap: €1.0b

Provides financial services and solutions for enterprises.

CF Industries Holdings

Market Cap: US$12.0b

Engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally.

Steel Dynamics

Market Cap: €18.0b

Operates as a steel producer and metal recycler in the United States.

M.P. Evans Group

Market Cap: €515.1m

Through its subsidiaries, engages in the ownership and development of oil palm plantations in Indonesia and Malaysia.

Regional Management

Market Cap: €292.3m

A diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States.

Middleby

Market Cap: US$7.1b

Designs, manufactures, markets, distributes, and services commercial restaurant, food processing, and residential kitchen equipment worldwide.

Spectrum Brands Holdings

Market Cap: €1.6b

Operates as a branded consumer products and home essentials company in North America, Europe, the Middle East, Africa, Latin America, and Asia-Pacific regions.

Crocs

Market Cap: €5.2b

Designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under the Crocs and HEYDUDE Brands in the United States and internationally.

Lenovo Group

Market Cap: €102.6b

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