Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Carlsberg

Market Cap: US$109.8b

Produces and markets beer and other beverage products in Denmark, China, the United Kingdom, and internationally.

Trajan Group Holdings

Market Cap: AU$98.4m

Develops, manufactures, and sells analytical and life science products and devices in Malaysia, Japan, Australia, New Zealand, the United States, Europe, the Middle East, Africa, and India.

China National Building Material

Market Cap: HK$36.9b

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

Aurelia Metals

Market Cap: AU$406.2m

Engages in the exploration and production of mineral properties in Australia.

Huaqin Technology

Market Cap: CN¥94.6b

Engages in the development, manufacturing, and operation service of software, hardware, systems for tech companies worldwide.

Shenzhen Transsion Holdings

Market Cap: CN¥75.2b

Provides smart devices and mobile services in Africa, South and Southeast Asia, the Middle East, Latin America, and internationally.

Acrow

Market Cap: AU$320.0m

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

China Railway Group

Market Cap: CN¥125.0b

Operates as a multi-functional integrated construction company in Mainland China and internationally.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥14.2b

Engages in the research, development, manufacturing, and sale of invasive medical devices in China and internationally.

New Hope Dairy

Market Cap: CN¥14.2b

Produces and sells dairy products in China.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.3b

Provides chemical supply chain solutions worldwide.

China Construction Bank

Market Cap: HK$2.0t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

China Mengniu Dairy

Market Cap: HK$55.3b

An investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People’s Republic of China and internationally.

Bank of China

Market Cap: HK$1.9t

Provides various banking and financial services in Chinese Mainland, Hong Kong, Macao, Taiwan, and internationally.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥10.6b

Manufactures and sells steel structures and supporting products in China and internationally.

Middle East Healthcare

Market Cap: ر.س3.4b

A healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Middle East and North Africa.

Industrial Bank

Market Cap: CN¥432.1b

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

Longfor Group Holdings

Market Cap: HK$65.8b

An investment holding company, engages in the property development, commercial investment, asset management, property management, and smart construction businesses in the People’s Republic of China.

China Resources Land

Market Cap: HK$200.9b

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

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥11.1b

Engages in the manufacture and sale of pharmaceutical raw materials, and food and feed additives under the Star Lake and Yue Bao brand names in China and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥24.4b

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

Veolia Environnement

Market Cap: €21.5b

Designs and provides water, waste, and energy management solutions.

CellaVision

Market Cap: SEK 3.7b

Develops and sells instruments, software, and reagents for blood and body fluids analysis in Sweden and internationally.

DaVita

Market Cap: €8.4b

Provides kidney dialysis services for patients suffering from chronic kidney failure in the United States.

Altea Green Power

Market Cap: €120.9m

Supplies and manages renewable energy plants in Italy and the United States.

Demant

Market Cap: DKK 46.5b

Operates as a hearing healthcare company in Europe, North America, Asia, Pacific region, and internationally.

Koenig & Bauer

Market Cap: €170.5m

Develops and manufactures printing and postprint systems worldwide.

Cheniere Energy

Market Cap: €41.5b

An energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States.

LPKF Laser & Electronics

Market Cap: €136.0m

Develops, manufactures, and sells laser-based solutions for the technology industry worldwide.

Kaufman & Broad

Market Cap: €576.6m

Operates as a property developer and builder in France.

Métropole Télévision

Market Cap: €1.5b

Operates as a multimedia group in France.

Ventura Offshore Holding

Market Cap: NOK 2.0b

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

China Overseas Property Holdings

Market Cap: HK$15.5b

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

DNO

Market Cap: NOK 14.9b

Engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa.

MONY Group

Market Cap: UK£950.5m

Engages in the provision of price comparison and lead generation services through its websites and applications in the United Kingdom.