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.

China Everbright Environment Group

Market Cap: HK$21.1b

An investment holding company, provides environmental solutions worldwide.

Sinoma International EngineeringLtd

Market Cap: CN¥24.8b

Engages in the engineering, equipment manufacture and supply, and other businesses in China and internationally.

Hubei Xingfa Chemicals Group

Market Cap: CN¥22.5b

Develops, produces, and sells phosphorus-based chemicals in China and internationally.

KMD Brands

Market Cap: AU$234.9m

Designs, markets, wholesales, and retails apparel, footwear, and equipment for surfing and the outdoors under the Kathmandu, Rip Curl, and Oboz brands in New Zealand, Australia, North America, Europe, Southeast Asia, and Brazil.

Adaro Minerals Indonesia

Market Cap: Rp36.2t

Engages in metallurgical coal mining business in Indonesia.

Shenzhen YHLO Biotech

Market Cap: CN¥8.6b

Researches, develops, produces, sells, and services in vitro diagnostic instruments and reagents in China and internationally.

Grand Pharmaceutical Group

Market Cap: HK$19.6b

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.

Parade Technologies

Market Cap: NT$41.4b

Operates as a fabless semiconductor company in South Korea, China, Taiwan, Japan, and internationally.

China National Building Material

Market Cap: HK$30.9b

An investment holding company, engages in building material, new materials, and engineering technical services businesses.

China Resources Land

Market Cap: HK$187.5b

An investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China.

Jiangshan Oupai Door Industry

Market Cap: CN¥2.6b

Engages in the research, development, manufacture, processing, sale, and service of wooden doors in China and internationally.

China Overseas Property Holdings

Market Cap: HK$17.3b

An investment holding company, provides property management services in Hong Kong, Macau, and Mainland China.

Beijing New Building Materials

Market Cap: CN¥49.0b

Manufactures and sells building materials in China and internationally.

Fujian Funeng

Market Cap: CN¥27.0b

Engages in the production and sale of electricity and heat in China.

Trajan Group Holdings

Market Cap: AU$120.4m

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.

LX Semicon

Market Cap: ₩823.0b

Operates as a semiconductor company in South Korea, China, Vietnam, Taiwan, Japan, and internationally.

COSCO SHIPPING Ports

Market Cap: HK$15.5b

An investment holding company, manages and operates ports and terminals in Mainland China, Hong Kong, Europe, and internationally.

Bombardier

Market Cap: US$8.3b

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

TELUS International (Cda)

Market Cap: CA$686.4m

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

AB Volvo

Market Cap: US$520.8b

Manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, the United States, Asia, Africa, and Oceania.

Enovis

Market Cap: US$1.8b

Operates as a medical technology company focus on developing clinically differentiated solutions in the United States and internationally.

Ag Growth International

Market Cap: CA$615.5m

Manufactures and distributes equipment for bulk agriculture commodities worldwide.

Cenovus Energy

Market Cap: US$29.2b

Develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and China.

Neosperience

Market Cap: €10.0m

Develops cloud-based software platform in Italy.

ANTA Sports Products

Market Cap: €246.1b

Engages in the research, design, development, manufacture, market, and sale of professional sports footwear, apparel, and accessories in China and internationally.

Red Rock Resorts

Market Cap: US$4.2b

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

TEGNA

Market Cap: US$2.5b

Operates as a journalism company in the United States.

PACCAR

Market Cap: US$47.0b

Designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, Canada, Europe, Mexico, South America, Australia, and internationally.

Datalogic

Market Cap: €211.1m

Manufactures and sells automatic data capture and process automation products in Italy, the Americas, the Asia Pacific, rest of Europe, the Middle East, and Africa.

Aica Kogyo Company

Market Cap: €204.0b

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

PLDT

Market Cap: US$277.4b

Provides telecommunications and digital services in the Philippines.

Lithia Motors

Market Cap: €7.6b

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

Hammond Power Solutions

Market Cap: €941.0m

Engages in the design, manufacture, and sale of various transformers in Canada, the United States, Mexico, and India.