Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Housing and Development Bank- Egypt (S.A.E)

Market Cap: ج.م52.0b

Together with its, provides corporate and retail banking services in Egypt.

Adairs

Market Cap: AU$310.3m

Operates as a specialty retailer of home furnishings, furniture, and decoration products in Australia and New Zealand.

C&D International Investment Group

Market Cap: HK$36.0b

An investment holding company, engages in the property development, real estate industry chain investment services, and industry investment activities in the People’s Republic of China.

China Resources Land

Market Cap: HK$218.8b

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

Anhui Expressway

Market Cap: CN¥23.5b

Engages in the construction, operation, management, and development of the toll roads and associated service sections in the People's Republic of China.

Acrow

Market Cap: AU$322.5m

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

Anker Innovations

Market Cap: CN¥53.4b

Operates as a smart hardware technology company in China and internationally.

China Railway Group

Market Cap: CN¥133.5b

Operates as a multi-functional integrated construction company in Mainland China and internationally.

Arjo

Market Cap: SEK 7.3b

Develops and sells medical devices and solutions for patients for clinical and financial outcomes for healthcare in Europe, Asia, Latin America, Africa, and Pacific.

Cabka

Market Cap: €41.3m

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

Loomis

Market Cap: SEK 24.7b

Provides secure payment solutions in the United States, France, Switzerland, Spain, the United Kingdom, Sweden, and internationally.

Haiki+

Market Cap: €78.0m

Engages in the treatment, management, and valorization of waste in Italy.

Sanofi

Market Cap: €95.7b

Engages in the research, development, manufacture, and marketing of therapeutic solutions.

Fosun International

Market Cap: HK$34.0b

Operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally.

SAP

Market Cap: US$198.6b

Provides enterprise application and business solutions worldwide.

Arcadis

Market Cap: €3.2b

Offers design, engineering, architecture, and consultancy solutions for natural and built assets in The Americas, Europe, the Middle East, and the Asia Pacific.

Brinker International

Market Cap: €6.9b

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

Flowco Holdings

Market Cap: US$1.9b

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

Sword Group

Market Cap: €344.8m

Provides IT and software solutions.

Gecina

Market Cap: €5.7b

A leading operator, that fully integrates all real estate expertise, owning, managing, and developing a unique prime portfolio valued at €17.0bn as at June 30, 2025.

Ernst Russ

Market Cap: €247.3m

A publicly owned investment manager.

Carnival Corporation &

Market Cap: €41.4b

A cruise company, provides leisure travel services in North America, Australia, Europe, and internationally.

q.beyond

Market Cap: €100.9m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

Blue Bird

Market Cap: US$1.6b

Designs, engineers, manufactures, and sells school buses in the United States, Canada, and internationally.

Premier Foods

Market Cap: UK£1.6b

Manufactures, distributes, and sells branded and own label food products in the United Kingdom, other European countries, and internationally.

Grupa Pracuj

Market Cap: €3.3b

Operates HR technology platform in Poland, Ukraine, and Germany.

TAKKT

Market Cap: €231.8m

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

Yelp

Market Cap: US$1.7b

Operates a platform that connects consumers with local businesses in the United States and internationally.

Carmila

Market Cap: €2.3b

As the third-largest listed owner of commercial property in Europe, Carmila was founded by Carrefour and large institutional investors in order to enhance the value of shopping centres adjoining Carrefour hypermarkets in France, Spain and Italy.

Cheniere Energy

Market Cap: €45.5b

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

CDW

Market Cap: €16.5b

Provides information technology (IT) solutions in the United States, the United Kingdom, and Canada.

FRP Advisory Group

Market Cap: UK£322.5m

Provides business advisory services to companies, lenders, investors, individuals, and other stakeholders in the United Kingdom.

q.beyond

Market Cap: €100.9m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

ICG

Market Cap: UK£5.2b

A private equity firm specializing in direct and fund of fund investments.

NetApp

Market Cap: €19.1b

Provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.