Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Aica Kogyo Company

Market Cap: €222.2b

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

Grand Pharmaceutical Group

Market Cap: €28.5b

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.

Transcontinental

Market Cap: €1.6b

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

OFG Bancorp

Market Cap: €1.7b

A financial holding company, provides a range of banking and financial services in the United States.

FirstSun Capital Bancorp

Market Cap: US$1.1b

Operates as the bank holding company for Sunflower Bank, National Association that provides commercial and consumer banking and financial services to small and medium-sized companies in Texas, Kansas, Colorado, New Mexico, Arizona, California, and Washington.

Lithia Motors

Market Cap: €7.9b

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

Silgan Holdings

Market Cap: US$4.8b

Manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally.

Amphastar Pharmaceuticals

Market Cap: US$1.1b

A bio-pharmaceutical company, develops, manufactures, markets, and sells generic and proprietary injectable, inhalation, and intranasal products in the United States, China, and France.

Origin Enterprises

Market Cap: €404.3m

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

Ag Growth International

Market Cap: CA$678.7m

Manufactures and distributes equipment for bulk agriculture commodities worldwide.

Capital Bancorp

Market Cap: US$485.1m

Operates as the bank holding company for Capital Bank, N.A.

Delta Air Lines

Market Cap: CHF 39.2b

Provides scheduled air transportation for passengers and cargo in the United States and internationally.

Koenig & Bauer

Market Cap: €219.4m

Develops and manufactures printing and postprint systems worldwide.

LKQ

Market Cap: US$8.1b

Engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories.

CTO Realty Growth

Market Cap: €541.2m

A publicly traded real estate investment trust that owns and operates a portfolio of high-quality, retail-based properties located primarily in higher growth markets in the United States.

Barrett Business Services

Market Cap: US$1.1b

Provides business management solutions for small and mid-sized companies in the United States.

ACT Energy Technologies

Market Cap: CA$175.9m

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

DOF Group

Market Cap: €21.8b

Owns and operates a fleet of offshore and subsea vessels.

Torex Gold Resources

Market Cap: US$5.4b

Operates as an intermediate gold producer.

Royalty Pharma

Market Cap: US$21.7b

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

Huhtamäki Oyj

Market Cap: €3.1b

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

MGM Resorts International

Market Cap: US$9.0b

Through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally.

Arnoldo Mondadori Editore

Market Cap: €554.2m

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

Kyivstar Group

Market Cap: US$3.0b

Provides a range of mobile communication and home Internet services in Ukraine.

Brighthouse Financial

Market Cap: €2.7b

Provides annuity and life insurance products in the United States.

Burford Capital

Market Cap: US$2.5b

Provides legal finance products and services worldwide.

Jazz Pharmaceuticals

Market Cap: €8.5b

Jazz Pharmaceuticals plc identifies, develops, and commercializes pharmaceutical products in the United States, Europe, and internationally.

Euroseas

Market Cap: US$384.8m

Provides ocean-going transportation services worldwide.

74Software

Market Cap: €1.0b

Operates as a software company in France.

BYD Electronic (International)

Market Cap: US$86.6b

An investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People’s Republic of China and internationally.

Tenaga Nasional Berhad

Market Cap: US$77.1b

Engages in the generation, transmission, distribution, and sale of electricity in Malaysia, the United Kingdom, Kuwait, the Republic of Ireland, Australia, and internationally.

Suzano

Market Cap: R$60.7b

Manufactures and sells pulp and paper products in Brazil and internationally.

Edgewell Personal Care

Market Cap: US$907.9m

Manufactures and markets personal care products worldwide.

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.

Sangoma Technologies

Market Cap: US$234.6m

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