Global Potentially Undervalued Companies

Carrefour

Market Cap: €12.6b

Operates as a food retailer in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, the Middle East, Africa, and Asia.

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.

BP

Market Cap: UK£52.5b

An integrated energy company, provides carbon products and services.

Polar Capital Holdings

Market Cap: €361.5m

Polar Capital Holdings plc is a publicly owned investment manager.

Nordex

Market Cap: €3.6b

Develops, manufactures, and distributes multi-megawatt onshore wind turbines worldwide.

Sword Group

Market Cap: €298.1m

Provides IT and software solutions worldwide.

United Natural Foods

Market Cap: €1.5b

Distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada.

Absa Group

Market Cap: €141.3b

Provides retail and business banking, corporate and investment banking, insurance, financial, and wealth management products and services in South Africa and internationally.

China Everbright Environment Group

Market Cap: €21.1b

An investment holding company, provides environmental solutions worldwide.

L.D.C

Market Cap: €2.6b

Produces and sells poultry and processed products in France and internationally.

Travel + Leisure

Market Cap: €2.8b

Provides hospitality services and travel products in the United States and internationally.

Kenmare Resources

Market Cap: UK£355.1m

Engages in the production and sale of mineral sand products in China, the rest of Asia, Europe, the United States, and internationally.

Tate & Lyle

Market Cap: €2.2b

Engages in the provision of ingredients and solutions to the food, beverage, and other industries in North America, Asia, Middle East, Africa, Latin America, and Europe.

Aker BP

Market Cap: €137.5b

Explores for, develops, and produces oil and gas on the Norwegian Continental Shelf.

Verbio

Market Cap: €550.2m

Engages in the production and distribution of fuels and finished products in Germany, Europe, North America, and internationally.

Stabilus

Market Cap: €550.8m

Manufactures and sells gas springs, dampers, electromechanical damper opening systems, vibration isolation products, and industrial components in Europe, the Middle East, Africa, North and South America, the Asia-Pacific, and internationally.

Tokuyama

Market Cap: €181.8b

Produces and sells various chemical products in Japan.

Banca IFIS

Market Cap: €1.0b

Provides financial services and solutions for enterprises.

Steel Dynamics

Market Cap: €18.0b

Operates as a steel producer and metal recycler in the United States.

M.P. Evans Group

Market Cap: €515.1m

Through its subsidiaries, engages in the ownership and development of oil palm plantations in Indonesia and Malaysia.

Regional Management

Market Cap: €292.3m

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.

Middleby

Market Cap: US$7.1b

Designs, manufactures, markets, distributes, and services commercial restaurant, food processing, and residential kitchen equipment worldwide.

Spectrum Brands Holdings

Market Cap: €1.6b

Operates as a branded consumer products and home essentials company in North America, Europe, the Middle East, Africa, Latin America, and Asia-Pacific regions.

Crocs

Market Cap: €5.2b

Designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under the Crocs and HEYDUDE Brands in the United States and internationally.

Lenovo Group

Market Cap: €102.6b

An investment holding company, develops, manufactures, and markets technology products and services.

Comer Industries

Market Cap: €770.8m

Designs and produces engineering systems and mechatronic solutions for power transmission applications in Italy and internationally.

Bosideng International Holdings

Market Cap: €45.6b

Engages in the apparel business in the People’s Republic of China.

Nilfisk Holding

Market Cap: €2.2b

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

Otsuka Holdings

Market Cap: €3.6t

Engages in the pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide.

Thungela Resources

Market Cap: €12.7b

Engages in the mining and production of thermal coal in South Africa and Australia.

Repsol

Market Cap: €11.5b

Operates as a multi-e energy company in Spain, Peru, the United States, Portugal, and internationally.

Viatris

Market Cap: €9.0b

Operates as a healthcare company in North America, Europe, China, Taiwan, Hong Kong, Japan, Australia, New Zealand, rest of Asia, Africa, Latin America, and the Middle East.

GFT Technologies

Market Cap: €539.7m

Provides digital transformation services.

Capgemini

Market Cap: €21.8b

Engages in the provision of 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.

Keppel

Market Cap: €10.9b

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