Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Vetoquinol

Market Cap: €814.7m

A veterinary pharmaceutical company, designs, develops, and sells veterinary drugs and non-medicinal products for cattle, pigs, dogs, and cats in Europe, the Americas, and the Asia Pacific region.

Otis Worldwide

Market Cap: €27.3b

Engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally.

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥11.0b

Operates as contract development and manufacturing organization (CDMO) company in China and internationally.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥20.2b

Manufactures and sells power distribution in China and internationally.

Guangdong Mingyang ElectricLtd

Market Cap: CN¥13.5b

Engages in the research, development, production, and sale of high/low voltage switchgear, transformer, and power transmission and distribution equipment in China.

Oil India

Market Cap: ₹695.1b

Engages in the exploration, development, and production of crude oil and natural gas in India.

China Hongqiao Group

Market Cap: HK$261.0b

An investment holding company, manufactures and sells aluminum products in the People's Republic of China, India, Europe, Malaysia, North America, the rest of Southeast Asia, and internationally.

Aluminum Corporation of China

Market Cap: HK$192.8b

Primarily engages in the exploration and mining of bauxite, coal, and other resources in the People's Republic of China and internationally.

Industrial Bank

Market Cap: CN¥399.8b

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

Apollo Tyres

Market Cap: ₹245.1b

Manufactures and sells automotive tires, tubes, and flaps in India and internationally.

Capacit'e Infraprojects

Market Cap: ₹18.3b

Engages in the engineering, procurement, and construction business in India.

Vieworks

Market Cap: ₩213.3b

Develops, manufactures, and sells imaging systems and solutions.

GWA Group

Market Cap: AU$544.1m

Research, designs, manufactures, imports, and markets building fixtures and fittings to residential and commercial premises in Australia, New Zealand, the United Kingdom, and internationally.

Sansiri

Market Cap: ฿24.3b

Engages in the property development business in Thailand.

ISOTeam

Market Cap: S$62.9m

Operates in the building maintenance and estate upgrading industry in Singapore.

Emaar Properties PJSC

Market Cap: د.إ97.8b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

Santam

Market Cap: R41.7b

Provides various general insurance products and services to individuals, commercial, and corporate markets in South Africa, rest of Africa, and internationally.

China Tower

Market Cap: HK$169.6b

Provides telecommunication tower infrastructure services in the People's Republic of China.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥30.5b

Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd.

GWA Group

Market Cap: AU$544.1m

Research, designs, manufactures, imports, and markets building fixtures and fittings to residential and commercial premises in Australia, New Zealand, the United Kingdom, and internationally.

Ningbo Orient Wires & CablesLtd

Market Cap: CN¥30.9b

Engages in the research, development, manufacturing, and sale of various submarine and terrestrial cable products in China and internationally.

Converge Information and Communications Technology Solutions

Market Cap: ₱73.9b

Converge Information and Communications Technology Solutions, Inc.

AviChina Industry & Technology

Market Cap: HK$25.0b

Engages in the development, manufacture, and sale of civil aviation and defense products in Hong Kong and internationally.

Sudarshan Chemical Industries

Market Cap: ₹67.2b

Manufactures and sells organic, inorganic, effect pigments, and dispersions in India and internationally.

Sasseur Real Estate Investment Trust

Market Cap: S$847.4m

Invests in a portfolio of real estate and related assets.

Summerset Group Holdings

Market Cap: AU$2.0b

Develops, owns, and operates integrated retirement villages in New Zealand and Australia.

Guangdong Haid Group

Market Cap: CN¥71.9b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

MCNEX

Market Cap: ₩332.9b

Manufactures and sells camera modules in South Korea and internationally.

China Modern Dairy Holdings

Market Cap: HK$8.4b

An investment holding company, operates dairy farming and produces raw milk in Mainland China, the United States, and internationally.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥173.5b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Bank Mandiri (Persero)

Market Cap: Rp397.2t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Malaysia, Hong Kong, Timor Leste, Shanghai, England, and the Cayman Islands.

LHN

Market Cap: S$248.3m

An investment holding company, engages in space optimization, property development, facilities management services, and energy businesses in Singapore, Hong Kong, Myanmar, Indonesia, and Cambodia.

Chongqing Baiya Sanitary Products

Market Cap: CN¥6.6b

Chongqing Baiya Sanitary Products Co., Ltd.

FINEOS Corporation Holdings

Market Cap: AU$713.8m

Engages in the development and sale of enterprise claims and policy management software for life, accident and health insurers, and employee benefits providers in North America, the Asia Pacific, Europe, the Middle East, and Africa.

Sinopharm Group

Market Cap: HK$53.3b

Engages in the wholesale and retail of pharmaceutical and healthcare products, and medical devices in the People’s Republic of China.