Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

China Resources Land

Market Cap: HK$223.5b

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

NetEase

Market Cap: US$581.7b

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.

Oceania Healthcare

Market Cap: AU$521.4m

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

Stanmore Resources

Market Cap: AU$2.1b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

Cabka

Market Cap: €49.2m

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

Addus HomeCare

Market Cap: US$1.7b

Provides personal care services to elderly, chronically ill, disabled persons, and individuals who are at risk of hospitalization or institutionalization in the United States.

Hollywood Bowl Group

Market Cap: UK£458.5m

Operates ten-pin bowling and mini-golf centers in the United Kingdom and Canada.

Persimmon

Market Cap: UK£3.9b

Operates as a house builder in the United Kingdom.

AMG Critical Materials

Market Cap: US$1.3b

Develops, produces, and sells energy storage materials in the United States, China, Germany, France, Japan, Brazil, Africa, and internationally.

Talgo

Market Cap: €371.1m

Engages in design, manufacture, and maintenance of railway and auxiliary machinery for the maintenance of railway systems rolling stock worldwide.

Middleby

Market Cap: US$6.7b

Designs, manufactures, markets, distributes, and services of commercial restaurant and food processing equipment worldwide.

Tecan Group

Market Cap: CHF 1.7b

Provides laboratory instruments and solutions in biopharmaceuticals, forensics, and clinical diagnostics in Europe, North America, Asia, and internationally.

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.

Corebridge Financial

Market Cap: €12.9b

Provides retirement solutions and insurance products in the United States.

Pollard Banknote

Market Cap: €494.0m

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

Imperial Brands

Market Cap: UK£21.6b

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

Cheniere Energy

Market Cap: €52.8b

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

Mears Group

Market Cap: €325.7m

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

Tongcheng Travel Holdings

Market Cap: €43.7b

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

Transcontinental

Market Cap: €461.6m

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

Indofood Sukses Makmur

Market Cap: €61.2t

Operates as a food solutions company in Indonesia, rest of Asia, Africa, and internationally.

GE HealthCare Technologies

Market Cap: €34.1b

Engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally.

American Integrity Insurance Group

Market Cap: €384.2m

Operates as an insurance company in the United States.

Sword Group

Market Cap: €322.3m

Provides IT and software solutions in Luxembourg, Europe, and Asia.

SergeFerrari Group

Market Cap: €79.5m

Designs, develops, manufactures, and markets composite materials for lightweight architectural and outdoor applications in France and internationally.

Compagnie Chargeurs Invest

Market Cap: €205.9m

Operates as an industrial and financial company in France, Italy, Germany, the United States, Mainland China, Hong Kong, the United Kingdom, and internationally.

Gecina

Market Cap: €5.5b

A leading operator that fully integrates all real estate expertise, owning, managing, and developing a unique prime portfolio valued at 17.6bn euros as at December 31, 2025.

Mears Group

Market Cap: UK£325.7m

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

China Life Insurance

Market Cap: US$1.1t

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

Sleep Cycle

Market Cap: €360.5m

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

Amphastar Pharmaceuticals

Market Cap: US$1.0b

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

Orion Group Holdings

Market Cap: US$472.7m

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

Prudential

Market Cap: UK£28.4b

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

Man Wah Holdings

Market Cap: €16.3b

An investment holding company, engages in the manufacture and distribution of sofas and ancillary products in the People's Republic of China, Europe, Vietnam, Mexico, and internationally.

Sabio Holdings

Market Cap: CA$13.5m

Operates as a technology provider in the advertising areas of connected TV (CTV) and over-the-top (OTT) streaming in the United States and the United Kingdom.