Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Proya CosmeticsLtd

Market Cap: CN¥32.2b

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

Beijing New Building Materials

Market Cap: CN¥43.0b

Manufactures and sells building materials in China and internationally.

Industrial Bank

Market Cap: CN¥453.3b

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

Acrow

Market Cap: AU$317.2m

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

Indofood Sukses Makmur

Market Cap: Rp66.3t

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

Aeon (M) Bhd

Market Cap: RM 1.8b

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

Monash IVF Group

Market Cap: AU$261.1m

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

IPH

Market Cap: AU$1.0b

Provides intellectual property (IP) services and products.

KH Neochem

Market Cap: JP¥100.4b

Researches, manufactures, and sells of petrochemical products in Japan and internationally.

Tsingtao Brewery

Market Cap: HK$86.3b

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

CapitaLand Malaysia Trust

Market Cap: RM 2.1b

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.

Verallia Société Anonyme

Market Cap: €2.8b

Manufactures and sells glass packaging products for beverages and food products worldwide.

ABM Industries

Market Cap: US$2.8b

Through its subsidiaries, engages in the provision of integrated facility, infrastructure, and mobility solutions in the United States and internationally.

Sanofi

Market Cap: €98.2b

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

Beazley

Market Cap: €4.9b

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

Rainbow Tours

Market Cap: €2.0b

Operates as a tour operator in Poland, the Czech Republic, Greece, Spain, Turkey, Slovakia, Lithuania, and internationally.

Intrum

Market Cap: €6.1b

Provides payment solutions, and credit and collection services in Europe and internationally.

ACT Energy Technologies

Market Cap: CA$158.1m

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

Tristel

Market Cap: UK£169.4m

Develops, manufactures, and sells infection prevention products in the United Kingdom, Australia, Germany, Western Europe, and internationally.

Cosmo Pharmaceuticals

Market Cap: CHF 1.1b

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

KWS SAAT SE KGaA

Market Cap: €2.1b

KWS SAAT SE & Co. KGaA breeds, produces, and distributes seeds for agriculture.

Maisons du Monde

Market Cap: €65.5m

Through its subsidiaries, provides home and living room related products in France and internationally.

Econocom Group

Market Cap: €288.3m

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

Husqvarna

Market Cap: SEK 29.3b

Produces and sells outdoor power products, watering products, and lawn care power equipment.

Transcontinental

Market Cap: CA$1.7b

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

Ferrari Group

Market Cap: €769.7m

Provides shipping, integrated logistics, and value-added services for jewelry and precious goods in Europe, Asia, North America, Brazil, and internationally.

Colabor Group

Market Cap: CA$71.4m

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

Royalty Pharma

Market Cap: US$21.2b

Operates as a buyer of biopharmaceutical royalties and a funder of innovation in the biopharmaceutical industry in the United States.

Regeneron Pharmaceuticals

Market Cap: €58.1b

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

Bertrandt

Market Cap: €183.3m

Provides engineering services.

Havas

Market Cap: €1.5b

Provides communications and marketing services in France, the United Kingdom, rest of Europe, North America, Latin America, the Asia-Pacific, and Africa.

Luceco

Market Cap: €193.7m

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.

74Software

Market Cap: €1.1b

Operates as a software company in France.

Ventura Offshore Holding

Market Cap: NOK 2.5b

A deep-water drilling contractor, provides offshore drilling services to the oil and gas industry in Brazil and internationally.

Huhtamäki Oyj

Market Cap: €3.2b

Provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally.