Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Tenaga Nasional Berhad

Market Cap: US$76.4b

Engages in the generation, transmission, distribution, and sale of electricity in Malaysia, the United Kingdom, Kuwait, the Republic of Ireland, Australia, and internationally.

Corpovael. de

Market Cap: Mex$1.1b

Engages in the design, urbanization, construction, promotion, and sale of homes in Mexico.

Carlsberg

Market Cap: US$110.0b

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

Galp Energia SGPS

Market Cap: US$11.1b

Operates as an integrated energy operator in Portugal and internationally.

Tristel

Market Cap: UK£170.9m

Develops, manufactures, and sells infection prevention products in the United Kingdom, Australia, Germany, Western Europe, and internationally.

Adairs

Market Cap: AU$386.6m

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

Cheerwin Group

Market Cap: HK$3.2b

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.

Cabka

Market Cap: €46.0m

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

Assetwise

Market Cap: ฿5.6b

Engages in property development and other real estate activities in Thailand.

Shandong Yisheng Livestock & Poultry Breeding

Market Cap: CN¥9.2b

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd.

Sinoma International EngineeringLtd

Market Cap: CN¥25.0b

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

Beijing New Building Materials

Market Cap: CN¥40.6b

Manufactures and sells building materials in China and internationally.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥270.4b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Sanofi

Market Cap: €105.4b

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

Hyosung TNC

Market Cap: ₩914.9b

Manufactures and sells fiber in South Korea and internationally.

Cheil Worldwide

Market Cap: ₩2.0t

Provides various marketing solutions worldwide.

F&F

Market Cap: ₩2.4t

Manufactures and sells sewn wearing apparels in South Korea.

IPH

Market Cap: AU$920.4m

Provides intellectual property (IP) services and products.

Sinoma International EngineeringLtd

Market Cap: CN¥25.0b

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

Inspur Digital Enterprise Technology

Market Cap: HK$9.3b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

Altea Green Power

Market Cap: €125.3m

Supplies and manages renewable energy plants in Italy and the United States.

Ganyuan Foods

Market Cap: CN¥5.1b

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

q.beyond

Market Cap: €107.1m

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

PORR

Market Cap: €1.2b

Operates as a construction company in Austria, Germany, Poland, the Czech Republic, Italy, Romania, Switzerland, Serbia, Great Britain, Slovakia, Norway, Belgium, and internationally.

Aurelia Metals

Market Cap: AU$431.6m

Engages in the exploration and production of mineral properties in Australia.

Centurion

Market Cap: S$1.2b

Owns, develops, and manages workers and student accommodation assets in Singapore, Malaysia, Australia, the United Kingdom, and internationally.

Morgan Advanced Materials

Market Cap: UK£550.0m

Manufactures and sells various carbon and ceramic products.

Proya CosmeticsLtd

Market Cap: CN¥30.6b

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

ShenZhen YUTO Packaging Technology

Market Cap: CN¥25.4b

ShenZhen YUTO Packaging Technology Co., Ltd.

Middle East Healthcare

Market Cap: ر.س4.9b

A healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Middle East and North Africa.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.4b

Provides chemical supply chain solutions worldwide.

Chambal Fertilisers and Chemicals

Market Cap: ₹195.8b

Produces and sells fertilizers primarily in India.

Vardhman Textiles

Market Cap: ₹118.1b

Manufactures, purchases, and sells textiles and fibres in India and internationally.

Eiffage

Market Cap: €10.9b

Engages in the construction and concessions industries in France, rest of Europe, and internationally.

Ernst Russ

Market Cap: €223.0m

A publicly owned investment manager.