Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Havas

Market Cap: €1.4b

Provides communications and marketing services in France, the United Kingdom, rest of Europe, North America, Latin America, the Asia-Pacific, and Africa.

Mitek Systems

Market Cap: US$409.5m

Provides mobile image capture and digital identity verification solutions worldwide.

Koenig & Bauer

Market Cap: €162.8m

Develops and manufactures printing and postprint systems worldwide.

F5

Market Cap: €13.9b

Provides multicloud application security and delivery solutions in the United States, Europe, the Middle East, Africa, and the Asia Pacific region.

Origin Enterprises

Market Cap: €418.7m

Provides agronomy services company in Ireland, the United Kingdom, Brazil, Poland, Romania, Latin America, and internationally.

Cheniere Energy

Market Cap: €45.3b

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

Compagnie de Saint-Gobain

Market Cap: €41.8b

Designs, manufactures, and distributes materials and solutions for the construction and industrial markets worldwide.

DNO

Market Cap: €14.1b

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

Flowco Holdings

Market Cap: US$1.5b

Through its subsidiaries, provides production optimization, artificial lift, and methane abatement solutions for the oil and natural gas industry in the United States.

Valeura Energy

Market Cap: €798.9m

Engages in the exploration, development, and production of petroleum and natural gas in Thailand and in Turkey.

Kuaishou Technology

Market Cap: €298.0b

An investment holding company, provides live streaming, online marketing, and other services in the People’s Republic of China.

Hafnia

Market Cap: US$29.3b

Owns and operates oil product tankers in Bermuda.

Pearson

Market Cap: €6.3b

Provides educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally.

Robert Walters

Market Cap: €90.8m

Provides professional recruitment consultancy services worldwide.

Capgemini

Market Cap: €23.4b

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.

GFT Technologies

Market Cap: €472.4m

Provides digital transformation services.

Cheerwin Group

Market Cap: €3.0b

An investment holding company, manufactures and trades household insecticides and repellents, household cleaning, air care, personal care, pet stores and pet products, and other products in the People’s Republic of China.

TAKKT

Market Cap: €242.0m

Operates as a B2B direct marketing company for business equipment in Europe and North America.

Semapa - Sociedade de Investimento e Gestão SGPS

Market Cap: €1.3b

Through its subsidiaries, produces and sells pulp, printing and writing papers, and tissues in Portugal, the rest of Europe, the United States, Africa, Asia, and Oceania.

Polar Capital Holdings

Market Cap: €505.2m

Polar Capital Holdings plc is a publicly owned investment manager.

MINISO Group Holding

Market Cap: €6.0b

An investment holding company, engages in the retail and wholesale of design-led lifestyle and pop toy products in Mainland China, the rest of Asia, North and Latin America, Europe, and internationally.

Beazley

Market Cap: €4.6b

Provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally.

Globe Life

Market Cap: US$10.6b

Through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle- and middle-income families in the United States.

CEWE Stiftung KGaA

Market Cap: €688.4m

Operates as a photo service and online printing provider in Germany and internationally.

American Integrity Insurance Group

Market Cap: €405.0m

Operates as an insurance company.

Regional Management

Market Cap: €365.7m

A diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States.

China Mengniu Dairy

Market Cap: €58.4b

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

Herc Holdings

Market Cap: US$4.4b

Operates as an equipment rental supplier in the United States and internationally.

L.D.C

Market Cap: €3.0b

Produces and sells poultry and processed products in France and internationally.

Alaris Equity Partners Income Trust

Market Cap: €904.5m

A private equity firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, growth capital, and mature investments.

Thryv Holdings

Market Cap: US$253.6m

Provides digital marketing solutions and cloud-based tools to the small-to-medium-sized businesses in the United States.

Uber Technologies

Market Cap: €182.0b

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

Gildan Activewear

Market Cap: CA$11.9b

Manufactures and sells various apparel products.

NETGEAR

Market Cap: US$725.7m

Provides connectivity solutions the Americas; Europe, the Middle East, Africa; and the Asia Pacific.

Sendas Distribuidora

Market Cap: R$12.6b

Engages in the retail and wholesale sale of food products, bazaar items, and other products in Brazil.