Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

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.

Ningbo Deye Technology Group

Market Cap: CN¥47.4b

Engages in the production and sales of heat exchangers, inverters, and dehumidifiers in South Africa, Brazil, Hongkong, Germany, India, and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥24.6b

Engages in the engineering, equipment manufacture and supply, and other businesses in China and internationally.

Acrow

Market Cap: AU$323.4m

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

Ganyuan Foods

Market Cap: CN¥5.2b

Engages in the research and development, production, and sale of snack foods in China.

LX Semicon

Market Cap: ₩904.3b

Operates as a semiconductor company in South Korea, China, Vietnam, Taiwan, Japan, and internationally.

Hu Lane Associate

Market Cap: NT$15.2b

Engages in manufacture and sale of terminal devices, terminal crimping, industrial rubber, and plastic products in Taiwan.

IPH

Market Cap: AU$1.4b

Provides intellectual property (IP) services and products.

Beijing New Building Materials

Market Cap: CN¥45.1b

Manufactures and sells building materials in China and internationally.

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥20.0b

Designs, develops, manufactures, sells, and supplies auto parts in China.

Select Harvests

Market Cap: AU$484.6m

Engages in the growing, processing, packaging, and selling of almonds and its by-products in Australia.

Proya CosmeticsLtd

Market Cap: CN¥33.0b

A beauty and personal care company, researches, develops, produces, and sells cosmetics in China.

Trajan Group Holdings

Market Cap: AU$121.9m

Develops, manufactures, sells, and distributes analytical and life science products and devices in Australia, New Zealand, Malaysia, Japan, the United States, Europe, the Middle East, Africa, and India.

Meituan

Market Cap: HK$777.8b

Operates as a technology driven retail company in the People’s Republic of China, Hong Kong, Macao, Taiwan, and internationally.

Bank Mandiri (Persero)

Market Cap: Rp431.2t

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

Shenzhen Transsion Holdings

Market Cap: CN¥85.1b

Provides smart devices and mobile services in Africa, South and Southeast Asia, the Middle East, Latin America, and internationally.

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.8b

Produces and sells seasoning products in China and internationally.

China Tower

Market Cap: HK$197.2b

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

L&K Engineering (Suzhou)Ltd

Market Cap: CN¥8.0b

Provides specialized engineering technical services in China.

Tsingtao Brewery

Market Cap: HK$87.9b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Shenzhen Fuanna Bedding and FurnishingLtd

Market Cap: CN¥6.1b

Engages in the research and development, design, production, and sale of textile home furnishing, sleep home furnishing, and living products in China and internationally.

ShenZhen YUTO Packaging Technology

Market Cap: CN¥22.1b

ShenZhen YUTO Packaging Technology Co., Ltd.

Origin Enterprises

Market Cap: €394.9m

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

MGM Resorts International

Market Cap: US$10.2b

Through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally.

Colabor Group

Market Cap: CA$84.7m

Colabor Group Inc., together with its subsidiaries, markets, distributes, and wholesales food and food-related products in Canada.

Crocs

Market Cap: €5.8b

Designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under the Crocs and HEYDUDE Brands in the United States and internationally.

Merchants Bancorp

Market Cap: US$1.4b

Operates as the diversified bank holding company in the United States.

GFT Technologies

Market Cap: €474.0m

Provides digital transformation services.

DEME Group

Market Cap: €3.4b

Provides marine solutions in the fields of offshore energy, dredging, marine infrastructure, and environmental works in Belgium, Europe, Africa, the United States, Asia, Oceania, and the Middle East.

Brighthouse Financial

Market Cap: US$2.8b

Provides annuity and life insurance products in the United States.

Robert Walters

Market Cap: UK£104.6m

Provides professional recruitment consultancy services worldwide.

Koenig & Bauer

Market Cap: €237.3m

Develops and manufactures printing and postprint systems worldwide.

Enhabit

Market Cap: €337.2m

Provides home health and hospice services in the United States.

Grafton Group

Market Cap: €1.7b

Distributes and sells building materials and construction related products in Ireland, the United Kingdom, the Netherlands, Finland, and Spain.

Econocom Group

Market Cap: €313.0m

Designs and develops digital solutions for public and private companies in Belgium and internationally.