Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Fluor

Market Cap: US$6.5b

Provides engineering, procurement, and construction (EPC); fabrication and modularization; and project management services worldwide.

Crown Castle

Market Cap: US$38.8b

Crown Castle owns, operates and leases approximately 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S.

Kaufman & Broad

Market Cap: €586.4m

Operates as a property developer and builder in France.

Premier Foods

Market Cap: UK£1.5b

Manufactures, distributes, and sells branded and own label food products in the United Kingdom, other European countries, and internationally.

Carmila

Market Cap: €2.4b

As the third-largest listed owner of commercial property in Europe, Carmila was founded by Carrefour and large institutional investors in order to enhance the value of shopping centres adjoining Carrefour hypermarkets in France, Spain and Italy.

Honeywell International

Market Cap: €124.7b

Engages in the aerospace technologies, industrial automation, building automation, and energy and sustainable solutions businesses in the United States, Europe, and internationally.

SILICON2

Market Cap: ₩2.4t

Engages in the distribution of cosmetics products worldwide.

Uber Technologies

Market Cap: €170.6b

Develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

DEME Group

Market Cap: €3.5b

Provides marine solutions in the fields of offshore energy, dredging, marine infrastructure, and environmental works in Belgium, Europe, Africa, the United States, Asia, Oceania, and the Middle East.

Aalberts

Market Cap: €3.0b

Offers mission-critical technologies for building, industry, and semicon markets in Europe, the United States, the Asia Pacific, the Middle East, and Africa.

Capgemini

Market Cap: €24.2b

Provides consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

Prosegur Cash

Market Cap: €928.8m

Provides integrated cash cycle management solutions and automating payments in retail establishments and ATM management for financial institutions, retail establishments, business, government agencies, central banks, mints, and jewellery stores in Europe, LATAM, and internationally.

Argan

Market Cap: €1.7b

ARGAN is the only French real estate company specializing in the DEVELOPMENT & RENTAL OF PREMIUM WAREHOUSES listed on EURONEXT and is the leading player of its market in France.

KBR

Market Cap: US$5.2b

Provides scientific, technology, and engineering solutions to governments and commercial customers worldwide.

United Bank for Africa

Market Cap: ₦1.7t

Primarily provides corporate, commercial, and retail banking services in Nigeria, rest of Africa, and internationally.

Arcadis

Market Cap: €3.1b

Offers design, engineering, architecture, and consultancy solutions for natural and built assets in The Americas, Europe, the Middle East, and the Asia Pacific.

Srisawad Corporation

Market Cap: ฿42.4b

Provides financial services in Thailand and internationally.

Cabka

Market Cap: €43.9m

Manufactures and sells pallets and large containers made from recycled plastic in Europe, North America, and internationally.

Rithm Capital

Market Cap: US$6.1b

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

MONY Group

Market Cap: UK£962.6m

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

Housing and Development Bank- Egypt (S.A.E)

Market Cap: ج.م47.6b

Together with its, provides corporate and retail banking services in Egypt.

Econocom Group

Market Cap: €275.3m

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

Global Dominion Access

Market Cap: €496.4m

Provides integral services for business process efficiency and sustainability worldwide.

Gecina

Market Cap: €6.0b

A leading operator, that fully integrates all real estate expertise, owning, managing, and developing a unique prime portfolio valued at €17.0bn as at June 30, 2025.

Assetwise

Market Cap: ฿5.4b

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

SK

Market Cap: ₩14.0t

Engages in petroleum refining, telecommunications, wholesale and retail, chemicals, construction, and other businesses in Korea.

Dell Technologies

Market Cap: US$84.8b

Designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally.

Korn Ferry

Market Cap: US$3.5b

Engages in the provision of organizational consulting services worldwide.

Highwood Asset Management

Market Cap: CA$59.9m

Together with its subsidiary, operates as an oil and gas exploration and production company in Canada.

Business First Bancshares

Market Cap: US$777.4m

Operates as the bank holding company for b1BANK that provides various banking products and services in Louisiana and Texas.

Stillfront Group

Market Cap: SEK 3.4b

Designs, develops, markets, publishes, and sells digital games in Europe, North America, the Middle East and North Africa, and the Asia-Pacific.

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.

Altea Green Power

Market Cap: €126.0m

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

Open Text

Market Cap: €8.1b

Designs, develops, markets, and sells information management software and solutions in North, Central, and South America, Europe, the Middle East, Africa, Australia, Japan, Singapore, India, and China.

Befesa

Market Cap: €1.2b

Offers environmental recycling services to the steel and aluminum industries in the European, Asian, and North American markets.