Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

CENIT

Market Cap: €68.8m

Provides software solutions and integration services.

Lavvi Empreendimentos Imobiliários

Market Cap: R$2.2b

Develops and builds residential and non-residential properties primarily in Brazil.

Trisul

Market Cap: R$929.4m

Engages in the construction and development of real estate properties in Brazil.

C&A Modas

Market Cap: R$3.3b

Operates as a fashion retailer for women, men, and children in Brazil and internationally.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP

Market Cap: R$96.6b

Provides basic and environmental sanitation services in the São Paulo State, Brazil.

Rithm Capital

Market Cap: US$5.2b

Operates as an asset manager focused on real estate, credit, and financial services in the United States.

Royal Unibrew

Market Cap: DKK 20.0b

Provides beverages in Denmark, Germany, Norway, Sweden, Italy, the Netherlands, France, Finland, Lithuania, Latvia, Estonia, Belgium, Luxembourg, and internationally.

Bayer

Market Cap: €35.6b

Operates as a life science company in Europe, the Middle East, Africa, Germany, Switzerland, North America, the United States, the Asia Pacific, China, Latin America, and Brazil.

Verastem

Market Cap: US$360.3m

A development-stage biopharmaceutical company, focuses on developing and commercializing drugs for the treatment of cancer in the United States.

OceanaGold

Market Cap: €8.2b

Engages in the exploration, development, and operation of gold and gold/copper mines in the United States, the Philippines, and New Zealand.

Sonoco Products

Market Cap: €5.0b

Designs, develops, manufactures, and sells various engineered and sustainable packaging products in the United States, Europe, Canada, the Asia Pacific, and internationally.

Equasens Société anonyme

Market Cap: €571.2m

Provides healthcare IT solutions in Europe.

Northern Oil and Gas

Market Cap: €2.2b

An independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States.

Universal Health Services

Market Cap: US$8.9b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities in the United States.

Vetoquinol

Market Cap: €812.4m

A veterinary pharmaceutical company, designs, develops, and sells veterinary drugs and non-medicinal products for cattle, pigs, dogs, and cats in Europe, the Americas, and the Asia Pacific region.

Western Union

Market Cap: US$2.4b

Provides money movement payments, and digital financial services in the United States and internationally.

Kinross Gold

Market Cap: CA$42.7b

Engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania.

Konecranes

Market Cap: €6.2b

Manufactures, sells, and services material handling products in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

AMG Critical Materials

Market Cap: US$1.3b

Develops, produces, and sells energy storage materials in the United States, China, Germany, France, Japan, Brazil, Africa, and internationally.

Zijin Gold International

Market Cap: €282.6b

An investment holding company, engages in the exploration, mining, processing, smelting, refining, and sale of gold and other non-ferrous metals.

Accenture

Market Cap: US$104.5b

Provides strategy and consulting, industry X, song, and technology and operation services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Viva Energy Group

Market Cap: AU$3.7b

Operates as an energy company in Australia, Singapore, and Papua New Guinea.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥31.2b

Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd.

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥11.3b

Operates as contract development and manufacturing organization (CDMO) company in China and internationally.

China Hongqiao Group

Market Cap: HK$264.7b

An investment holding company, manufactures and sells aluminum products in the People's Republic of China, India, Europe, Malaysia, North America, the rest of Southeast Asia, and internationally.

Aluminum Corporation of China

Market Cap: HK$206.0b

Primarily engages in the exploration and mining of bauxite, coal, and other resources in the People's Republic of China and internationally.

Emaar Properties PJSC

Market Cap: د.إ103.4b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

China Tower

Market Cap: HK$169.9b

Provides telecommunication tower infrastructure services in the People's Republic of China.

Lion

Market Cap: JP¥462.4b

Manufactures and sells consumer and industrial products in Japan and internationally.

Assetwise

Market Cap: ฿6.2b

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

Industrial Bank

Market Cap: CN¥393.8b

Provides banking products and services in the People’s Republic of China.

Otsuka Holdings

Market Cap: JP¥5.4t

Engages in the pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥20.5b

Manufactures and sells power distribution in China and internationally.

Ingenia Communities Group

Market Cap: AU$1.7b

A leading operator, owner and developer of communities offering quality affordable rental and holiday accommodation focused on the growing seniors’ market in Australia.

Hansen Technologies

Market Cap: AU$928.7m

Engages in the development, integration, and support of billing and customer information systems.