Global Potentially Undervalued Companies

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.

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Montrose Environmental Group

Market Cap: US$525.5m

Operates as an environmental services company in the United States, Canada, and internationally.

Trican Well Service

Market Cap: CA$766.4m

An equipment services company, provides various products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells in Canada.

Nilfisk Holding

Market Cap: €2.3b

Develops, manufactures, and sells cleaning solutions and services worldwide.

DCC

Market Cap: €4.7b

Engages in the sales, marketing, and distribution of carbon energy solutions worldwide.

BWG

Market Cap: NOK 16.4b

An investment holding company, engages in ship owning and chartering activities worldwide.

Tokuyama

Market Cap: €195.3b

Produces and sells various chemical products in Japan.

Regional Management

Market Cap: €336.7m

A diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States.

Bank of Ireland Group

Market Cap: €10.2b

Provides banking and other financial services in the Republic of Ireland, the United Kingdom, and internationally.

Asahi Group Holdings

Market Cap: €2.9t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Senior

Market Cap: UK£540.0m

Designs, manufactures, and sells high-technology components and systems for the original equipment manufacturers in the aerospace, defense, land vehicle, and power and energy markets in North America, the United Kingdom, South Africa, India, China, and internationally.

ACM Research

Market Cap: €1.3b

Develops, manufactures, and sells capital equipment worldwide.

Card Factory

Market Cap: UK£331.3m

Operates as a specialist retailer of cards, gifts, and celebration essentials in the United Kingdom and internationally.

Trigano

Market Cap: €2.0b

Designs, manufactures, markets, and sells leisure vehicles for individuals and professionals in Europe.

IAMGOLD

Market Cap: CA$5.7b

Through its subsidiaries, operates as a gold producer and developer in Canada and Burkina Faso.

Merchants Bancorp

Market Cap: US$1.5b

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

Tennant

Market Cap: US$1.4b

Designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Bombardier

Market Cap: US$8.8b

Engages in the design, manufacture, and sale of business aircraft and aircraft structural components worldwide.

Hamilton Insurance Group

Market Cap: US$1.8b

Through its subsidiaries, operates as specialty insurance and reinsurance company in Bermuda and internationally.

Royalty Pharma

Market Cap: €18.5b

Operates as a buyer of biopharmaceutical royalties and a funder of innovation in the biopharmaceutical industry in the United States.

AIB Group

Market Cap: US$13.3b

Provides banking and financial products and services to retail, business, and corporate customers in the Republic of Ireland, the United Kingdom, and internationally.

Luceco

Market Cap: €200.7m

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.

Morgan Advanced Materials

Market Cap: UK£537.5m

Manufactures and sells various carbon and ceramic products in the United Kingdom.

lastminute.com

Market Cap: CHF 137.3m

Operates in the online travel industry providing dynamic holiday packages in Italy, Spain, the United Kingdom, France, Germany, and internationally.

Esprinet

Market Cap: €254.1m

Engages in the wholesale distribution of information technology (IT) products and consumer electronics in Italy, Spain, Portugal, and rest of Europe.

TotalEnergies

Market Cap: €117.4b

A multi-energy company, produces and markets oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables, and electricity in France, rest of Europe, and internationally.

Keppel

Market Cap: €12.1b

An investment holding company, engages in the infrastructure, real estate, and connectivity business.

Sanofi

Market Cap: €113.1b

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

Plumas Bancorp

Market Cap: US$254.4m

Operates as the bank holding company for the Plumas Bank that provides various banking products and services for small and middle market businesses and individuals in California, Nevada, and Oregon.

Sangoma Technologies

Market Cap: US$261.3m

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

Grand Pharmaceutical Group

Market Cap: €20.5b

An investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical preparations and medical devices, biotechnology and healthcare products, and pharmaceutical raw materials.

Chemung Financial

Market Cap: US$208.9m

Operates as a bank holding company for Chemung Canal Trust Company that provides a range of banking, financing, fiduciary, and other financial services.

Transcontinental

Market Cap: CA$1.5b

Engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, and internationally.

Cenovus Energy

Market Cap: US$30.6b

Develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and 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.