Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Tsingtao Brewery

Market Cap: HK$86.3b

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

Monash IVF Group

Market Cap: AU$261.1m

Engages in the provision of assisted reproductive and specialist women imaging services in Australia and Malaysia.

Trajan Group Holdings

Market Cap: AU$117.5m

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

CapitaLand Malaysia Trust

Market Cap: RM 2.1b

CapitaLand Malaysia Trust (CLMT) is a real estate investment trust (REIT) and was listed on the Main Market of Bursa Malaysia Securities Berhad on 16 July 2010.

Guangdong Mingyang ElectricLtd

Market Cap: CN¥13.6b

Engages in the research, development, production, and sale of high/low voltage switchgear, transformer, and power transmission and distribution equipment in China.

Proya CosmeticsLtd

Market Cap: CN¥32.2b

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

Sasseur Real Estate Investment Trust

Market Cap: S$869.5m

Invests in a portfolio of real estate and related assets.

Hyosung TNC

Market Cap: ₩962.4b

Manufactures and sells fiber in South Korea and internationally.

Jinzai Food GroupLtd

Market Cap: CN¥5.5b

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

Emaar Properties PJSC

Market Cap: د.إ127.7b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

Binggrae

Market Cap: ₩645.5b

Engages in production and sale of dairy products in South Korea and internationally.

Cheil Worldwide

Market Cap: ₩2.0t

Provides various marketing solutions worldwide.

Sinoma International EngineeringLtd

Market Cap: CN¥23.7b

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

Industrial Bank

Market Cap: CN¥453.3b

Provides banking services in the People’s Republic of China.

Beijing New Building Materials

Market Cap: CN¥43.0b

Manufactures and sells building materials in China and internationally.

IPH

Market Cap: AU$1.0b

Provides intellectual property (IP) services and products.

Sinoma International EngineeringLtd

Market Cap: CN¥23.7b

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

Innocean Worldwide

Market Cap: ₩740.8b

Provides marketing and communications services in the Americas, Europe, Asia, Oceania, the Middle East, and internationally.

Gansu Shangfeng CementLtd

Market Cap: CN¥8.3b

Manufactures and sells building materials, and cement and cement clinker products in China.

Koenig & Bauer

Market Cap: €220.8m

Develops and manufactures printing and postprint systems worldwide.

Gecina

Market Cap: €6.2b

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

TravelSky Technology

Market Cap: US$31.6b

Provides information technology (IT) solutions for the aviation and travel industries in the People’s Republic of China.

MONY Group

Market Cap: UK£1.1b

Engages in the provision of price comparison and lead generation services through its websites and applications in the United Kingdom.

PORR

Market Cap: €1.1b

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

Sangoma Technologies

Market Cap: US$261.7m

Develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications in the United States of America and internationally.

PLDT

Market Cap: US$240.5b

Provides telecommunications and digital services in the Philippines.

GFT Technologies

Market Cap: €434.2m

Provides digital transformation services.

JOST Werke

Market Cap: €732.3m

Manufactures and supplies safety-critical systems for the commercial vehicle industry in Germany, Europe, North America, Asia, Pacific, and Africa.

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.

Summerset Group Holdings

Market Cap: AU$2.6b

Develops, owns, and operates integrated retirement villages in New Zealand and Australia.

Perrigo

Market Cap: €3.1b

Provides over-the-counter health and wellness solutions in the United States, Europe, and internationally.

Origin Enterprises

Market Cap: €410.9m

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

Austevoll Seafood

Market Cap: NOK 19.1b

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.

Beazley

Market Cap: €4.9b

Provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally.

Veolia Environnement

Market Cap: €20.9b

Designs and provides water, waste, and energy management solutions.