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.

Beijing New Building Materials

Market Cap: CN¥45.4b

Manufactures and sells building materials in China and internationally.

Shenzhen Transsion Holdings

Market Cap: CN¥93.1b

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

LX Semicon

Market Cap: ₩920.6b

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

China Mengniu Dairy

Market Cap: HK$64.2b

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

Tsingtao Brewery

Market Cap: HK$85.5b

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

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.7b

Produces and sells seasoning products in China and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥24.3b

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

Gamma Communications

Market Cap: UK£989.8m

Provides technology-based communications and software services to small, medium, and large-sized organizations in the United Kingdom, rest of Europe, and internationally.

ProCredit Holding

Market Cap: €544.2m

Provides commercial banking products and services for small and medium enterprises and private customers in Europe, South America, and Germany.

Gap

Market Cap: US$7.7b

Operates as an apparel retail company.

Proya CosmeticsLtd

Market Cap: CN¥32.7b

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

ShenZhen YUTO Packaging Technology

Market Cap: CN¥22.3b

ShenZhen YUTO Packaging Technology Co., Ltd.

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

Market Cap: ج.م34.7b

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

Carlsberg

Market Cap: US$104.0b

Produces and markets beer and other beverage products in Denmark, China, the United Kingdom, and internationally.

Robert Walters

Market Cap: €88.5m

Provides professional recruitment consultancy services worldwide.

Econocom Group

Market Cap: €306.7m

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

Huron Consulting Group

Market Cap: US$2.1b

Provides consultancy and managed services in the United States and internationally.

Hollywood Bowl Group

Market Cap: UK£422.7m

Operates ten-pin bowling and mini-golf centers in the United Kingdom and internationally.

NOV

Market Cap: US$4.5b

Designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally.

Vetoquinol

Market Cap: €880.0m

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

Regeneron Pharmaceuticals

Market Cap: €60.2b

Regeneron Pharmaceuticals, Inc. discovers, invents, develops, manufactures, and commercializes medicines for treating various diseases worldwide.

Arcadis

Market Cap: €3.6b

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

Sanofi

Market Cap: €103.6b

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

Renault

Market Cap: €8.9b

Engages in the design, manufacture, sale, repair, maintenance, and leasing of motor vehicles in Europe, Eurasia, Africa, the Middle East, the Asia Pacific, and the Americas.

Luceco

Market Cap: €189.1m

Manufactures and distributes wiring accessories, LED lighting, and portable power products in the United Kingdom, the Americas, Europe, the Middle East, Africa, the Asia Pacific.

Valeura Energy

Market Cap: €875.4m

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

Austevoll Seafood

Market Cap: NOK 19.7b

A seafood company, produces and sells salmon and trout, whitefish, and pelagic in Norway, the European Union, the United Kingdom, Eastern Europe, Africa, North America, Asia, and South America.

Persimmon

Market Cap: UK£3.5b

Operates as a house builder in the United Kingdom.

CEWE Stiftung KGaA

Market Cap: €656.3m

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

Torex Gold Resources

Market Cap: US$3.7b

Operates as an intermediate gold producer.

Amneal Pharmaceuticals

Market Cap: €3.0b

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

DOF Group

Market Cap: €23.0b

Owns and operates a fleet of offshore and subsea vessels.

CellaVision

Market Cap: SEK 3.8b

Develops and sells instruments, software, and reagents for blood and body fluids analysis in Sweden and internationally.

Flowco Holdings

Market Cap: US$1.4b

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