Global Potentially Undervalued Companies

China Foods

Market Cap: HK$7.8b

An investment holding company, manufactures, distributes, markets, and sells Coca-Cola series products in the People’s Republic of China.

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Arnoldo Mondadori Editore

Market Cap: €573.7m

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

Royalty Pharma

Market Cap: €18.5b

Operates as a buyer of biopharmaceutical royalties and a funder of innovation in the biopharmaceutical industry in the United States.

Sanofi

Market Cap: €104.7b

A healthcare company, engages in the research, development, manufacture, and marketing of therapeutic solutions in the United States, Europe, and internationally.

Kuaishou Technology

Market Cap: €223.7b

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

Bertrandt

Market Cap: €199.1m

Provides engineering services.

GFT Technologies

Market Cap: €621.4m

Provides digital transformation services.

Tokuyama

Market Cap: €202.3b

Produces and sells various chemical products in Japan.

MINISO Group Holding

Market Cap: €5.2b

An investment holding company, engages in the retail and wholesale of lifestyle products and pop toy products in China, rest of Asia, the Americas, Europe, Indonesia, and internationally.

China Hongqiao Group

Market Cap: €129.8b

An investment holding company, manufactures and sells aluminum products.

Semapa - Sociedade de Investimento e Gestão SGPS

Market Cap: €1.4b

Through its subsidiaries, produces and sells uncoated woodfree (UWF) printing and writing paper in Portugal, rest of Europe, the United States, Africa, Asia, and Oceania.

DOF Group

Market Cap: €21.9b

Owns and operates a fleet of offshore and subsea vessels.

Pierre et Vacances

Market Cap: €671.5m

Engages in the property development and tourism businesses in Europe and internationally.

Ultimate Products

Market Cap: €64.3m

Supplies branded household products in the United Kingdom, Germany, Rest of Europe, and internationally.

Origin Enterprises

Market Cap: €377.2m

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

Pollard Banknote

Market Cap: €558.4m

Manufactures and sells lottery and charitable gaming products and solutions in the United States, Canada, and internationally.

Asahi Group Holdings

Market Cap: €2.9t

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

Regional Management

Market Cap: €262.4m

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.

Otsuka Holdings

Market Cap: €3.8t

Engages in the pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide.

Bosideng International Holdings

Market Cap: €49.3b

Engages in the apparel business in the People’s Republic of China.

Bidvest Group

Market Cap: €81.0b

An investment holding company, engages in services, trading, and distribution businesses in South Africa and internationally.

Gauzy

Market Cap: US$153.8m

An integrated light and vision control company, develops, manufactures, and supplies vision and light control technologies in Israel, the United States, France, rest of Europe, Asia, and internationally.

ACM Research

Market Cap: €1.4b

Develops, manufactures, and sells capital equipment worldwide.

Robert Walters

Market Cap: €139.4m

Provides professional recruitment consultancy services worldwide.

Lithia Motors

Market Cap: €8.2b

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

Zijin Mining Group

Market Cap: US$502.1b

A mining company, engages in the exploration, mining, processing, refining, and sale of gold, non-ferrous metals, and other mineral resources in Mainland China and internationally.

Kenmare Resources

Market Cap: UK£346.7m

Engages in the production and sale of mineral sand products in China, rest of Asia, Europe, the United States, and internationally.

Indorama Ventures

Market Cap: ฿114.0b

Manufactures and distributes petrochemical products in Thailand, the United States, Brazil, and internationally.

Iochpe-Maxion

Market Cap: R$1.9b

Produces and sells automotive wheels and structural components for commercial and light vehicles in North America, South America, Europe, Asia, and internationally.

MC Group

Market Cap: ฿7.9b

Manufactures, distributes, and retails apparel, accessories, and lifestyle products in Thailand.

Teva Pharmaceutical Industries

Market Cap: €19.2b

Develops, manufactures, markets, and distributes generic and other medicines, and biopharmaceutical products in the United States, Europe, Israel, and internationally.

Bertrandt

Market Cap: €199.1m

Provides engineering services.

A. O. Smith

Market Cap: €9.1b

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.

Amneal Pharmaceuticals

Market Cap: €2.3b

A global biopharmaceutical company, develops, manufactures, markets, and distributes generics, injectables, biosimilars, and specialty branded pharmaceutical products worldwide.

Huhtamäki Oyj

Market Cap: €3.4b

Provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally.