Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Wienerberger

Market Cap: €2.7b

Produces and sells clay blocks, facing bricks, roof tiles, and ceramic pavers in Europe West, Europe East, and North America.

Acrow

Market Cap: €305.3m

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

Exxaro Resources

Market Cap: €49.3b

Engages in coal, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Asia, and internationally.

Arnoldo Mondadori Editore

Market Cap: €543.4m

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

ACI Worldwide

Market Cap: US$4.5b

Develops, markets, installs, and supports software products and services for facilitating electronic payments in the United States and worldwide.

bioMérieux

Market Cap: €8.6b

Develops, manufactures, and markets in vitro diagnostic solutions for infectious diseases in France, Europe, Africa, the Middle East, North and South America, the Asia Pacific, and internationally.

Tongcheng Travel Holdings

Market Cap: €42.5b

An investment holding company, provides travel related services in the People’s Republic of China.

LKQ

Market Cap: US$8.0b

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.

Sangoma Technologies

Market Cap: US$199.3m

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

Mears Group

Market Cap: UK£326.9m

Provides various outsourced services to the public and private sectors in the United Kingdom.

PTC

Market Cap: US$16.7b

Operates as software company in the Americas, Europe, and the Asia Pacific.

Hoenle

Market Cap: €55.2m

Develops, manufactures, and distributes industrial UV technologies and systems in Germany and internationally.

Mears Group

Market Cap: €326.9m

Provides various outsourced services to the public and private sectors in the United Kingdom.

Orion Group Holdings

Market Cap: US$479.4m

Operates as a specialty construction company for the infrastructure, industrial, and building sectors in the United States, Canada, and the Caribbean Basin.

High Tide

Market Cap: CA$311.2m

Engages in the cannabis retail business in Canada, the United States, and internationally.

China Life Insurance

Market Cap: €1.1t

Operates as a life insurance company in the People’s Republic of China.

High Tide

Market Cap: US$311.2m

Engages in the cannabis retail business in Canada, the United States, and internationally.

DNO

Market Cap: €18.3b

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

Asahi Group Holdings

Market Cap: €2.3t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Lithia Motors

Market Cap: €6.4b

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

Yalla Group

Market Cap: US$1.1b

Operates a social networking and gaming platform in the Middle East and North Africa region.

Fresenius SE KGaA

Market Cap: €23.0b

A health care company, provides products and services for chronically ill patients in North America, Europe, the Asia-Pacific, Latin America, and Africa.

Barco

Market Cap: €752.8m

Develops visualization solutions, and collaboration and networking technologies for the entertainment, enterprise, and healthcare markets in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Luckin Coffee

Market Cap: US$10.5b

Offers retail services of freshly brewed drinks, and pre-made food and beverage items in the People's Republic of China.

Abercrombie & Fitch

Market Cap: US$4.2b

Through its subsidiaries, operates as an omnichannel retailer in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Corebridge Financial

Market Cap: €12.8b

Provides retirement solutions and insurance products in the United States.

Pollard Banknote

Market Cap: €495.9m

Engages in the manufacture and sale of lottery and charitable gaming products and solutions in the United States, Canada, and internationally.

Oceania Healthcare

Market Cap: AU$528.7m

Owns and operates retirement villages and care centres in New Zealand.

Angel Oak Mortgage REIT

Market Cap: US$224.7m

A real estate finance company, focuses on acquiring and investing in first lien nonqualified mortgage loans and other mortgage-related assets in the United States mortgage market.

Slide Insurance Holdings

Market Cap: US$2.3b

Provides property and casualty insurance services in the United States.

A. O. Smith

Market Cap: €9.0b

Manufactures and markets residential and commercial gas and electric water heaters, boilers, heat pumps, tanks, and water treatment products in North America, China, Europe, and India.

Imperial Brands

Market Cap: UK£21.5b

Manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, the Asia, Australasia, and internationally.

Brinker International

Market Cap: €6.4b

Owns, develops, operates, and franchises casual dining restaurants in the United States and internationally.

Sleep Cycle

Market Cap: €365.0m

Engages in the development of sleep analysis applications in Sweden and internationally.

Prudential

Market Cap: UK£28.3b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.