Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Chorus Aviation

Market Cap: CA$620.3m

Through its subsidiaries, provides aviation services.

Altea Green Power

Market Cap: €117.8m

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

Hollywood Bowl Group

Market Cap: UK£449.7m

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

DaVita

Market Cap: €8.4b

Provides kidney dialysis services for patients suffering from chronic kidney failure in the United States.

Tenaga Nasional Berhad

Market Cap: US$77.4b

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

Quanex Building Products

Market Cap: US$648.2m

Provides components for the fenestration industry in the United States, Europe, Canada, Asia, and internationally.

Pollard Banknote

Market Cap: €548.4m

Manufactures and sells lottery and charitable gaming products and solutions in the United States, Canada, and internationally.

Hackett Group

Market Cap: US$498.2m

Operates as an intellectual property platform-based generative artificial intelligence strategic consulting and executive advisory digital transformation in the United States, Europe, and internationally.

GFT Technologies

Market Cap: €466.7m

Provides digital transformation services.

Huhtamäki Oyj

Market Cap: €3.1b

Provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally.

Austevoll Seafood

Market Cap: NOK 19.2b

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.

ConocoPhillips

Market Cap: US$111.0b

Explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids.

Veolia Environnement

Market Cap: €21.0b

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

Mattel

Market Cap: US$5.7b

A toy and family entertainment company, designs, manufactures, and markets toys and consumer products in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

Stanmore Resources

Market Cap: €1.9b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

TAKKT

Market Cap: €288.1m

Operates as a B2B direct marketing company for business equipment in Europe and North America.

MONY Group

Market Cap: UK£1.0b

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

Aica Kogyo Company

Market Cap: €221.9b

Develops, produces, and sells chemical products, and laminates and building materials in Japan and internationally.

Grand Pharmaceutical Group

Market Cap: €28.9b

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.

Talgo

Market Cap: €328.2m

Engages in design, manufacture, and maintenance of railway and auxiliary machinery for the maintenance of railway systems rolling stock worldwide.

EVS Broadcast Equipment

Market Cap: €495.7m

Provides live video technology for broadcast and media productions in the United States, Europe, Africa, Middle East, and Asia Pacific.

Capgemini

Market Cap: €22.7b

Provides consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

Crown Castle

Market Cap: US$39.3b

Crown Castle owns, operates and leases approximately 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S.

Befesa

Market Cap: €1.1b

Offers environmental recycling services to the steel and aluminum industries in the European, Asian, and North American markets.

Amphastar Pharmaceuticals

Market Cap: US$1.2b

A bio-pharmaceutical company, develops, manufactures, markets, and sells generic and proprietary injectable, inhalation, and intranasal products in the United States, China, and France.

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥5.2b

Produces and sells solid content, waterborne, solvent free, and special function coating products in China.

Carlsberg

Market Cap: US$106.1b

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

Indofood Sukses Makmur

Market Cap: €65.0t

Operates as a food solutions company in Indonesia, the Middle East, Africa, the rest of Asia, and internationally.

CEWE Stiftung KGaA

Market Cap: €678.7m

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

Kemira Oyj

Market Cap: €2.9b

Operates as a chemicals company in Finland, rest of Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Ventura Offshore Holding

Market Cap: NOK 2.3b

A deep-water drilling contractor, provides offshore drilling services to the oil and gas industry in Brazil and internationally.

Gamma Communications

Market Cap: UK£915.2m

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

Austriacard Holdings

Market Cap: €175.5m

Operates as a technology company in the fields of people, authentication of object, and information management in Western Europe, Nordics, the Americas, Central and Eastern Europe, Germany, Austria, Switzerland, Türkiye, the Middle East, and Africa.

First Mid Bancshares

Market Cap: US$857.4m

A financial holding company, provides community banking products and services to commercial, retail, and agricultural customers in the United States.

Rayonier

Market Cap: US$3.4b

Rayonier is a leading timberland real estate investment trust with assets located in some of the most productive softwood timber growing regions in the United States.