Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

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.

Renault

Market Cap: €9.1b

Engages in the design, manufacture, sale, repair, maintenance, and leasing of motor vehicles in Europe, Eurasia, Africa, the Middle East, the Asia Pacific, and the Americas.

lastminute.com

Market Cap: CHF 167.9m

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

Corpovael. de

Market Cap: Mex$970.5m

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

Carlsberg

Market Cap: US$107.3b

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

Housing and Development Bank- Egypt (S.A.E)

Market Cap: ج.م34.5b

Together with its, provides corporate and retail banking services in Egypt.

Lenovo Group

Market Cap: €137.4b

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

KBR

Market Cap: US$6.5b

Provides scientific, technology, and engineering solutions to governments and commercial customers worldwide.

Xerox Holdings

Market Cap: US$500.8m

Operates as a workplace technology company that integrates hardware, services, and software for enterprises in North America, Latin America, Europe, the Middle East, Africa, India, and internationally.

McBride

Market Cap: €205.0m

Manufactures and sells private label household and personal care products to retailers and brand owners in the United Kingdom, Germany, France, Italy, Spain, rest of Europe, Asia-Pacific, and internationally.It operates through five segments: Liquids, Powders, Unit dosing, Aerosols, and Asia Pacific.

Tingyi (Cayman Islands) Holding

Market Cap: €62.2b

An investment holding company, manufactures and sells instant noodles, beverages, and instant food products in the People’s Republic of China.

Mattel

Market Cap: US$5.9b

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.

Huhtamäki Oyj

Market Cap: €3.2b

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

Universal Health Services

Market Cap: US$11.6b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities.

Hikma Pharmaceuticals

Market Cap: €4.0b

Develops, manufactures, markets, and sells a range of generic, branded, and in-licensed pharmaceutical products.

d'Amico International Shipping

Market Cap: €453.0m

Through its subsidiaries, operates as a marine transportation company worldwide.

Tsingtao Brewery

Market Cap: €87.0b

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

Vallourec

Market Cap: €3.7b

Through its subsidiaries, provides tubular solutions for the oil and gas, industry, and new energies markets in Europe, North America, South America, Asia, the Middle East, and internationally.

Austevoll Seafood

Market Cap: NOK 18.8b

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.

Renew Holdings

Market Cap: €634.0m

Provides engineering services in the United Kingdom.

Proya CosmeticsLtd

Market Cap: CN¥33.0b

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

Sinoma International EngineeringLtd

Market Cap: CN¥24.3b

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

Assetwise

Market Cap: ฿4.9b

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

Binggrae

Market Cap: ₩624.2b

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

Converge Information and Communications Technology Solutions

Market Cap: ₱101.5b

Converge Information and Communications Technology Solutions, Inc.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥8.6b

Manufactures and sells steel structures and supporting products in China and internationally.

F&F

Market Cap: ₩2.5t

Manufactures and sells sewn wearing apparels in South Korea.

Proya CosmeticsLtd

Market Cap: CN¥33.0b

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

Trajan Group Holdings

Market Cap: AU$140.2m

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.

REC

Market Cap: ₹921.6b

Engages in the provision of financing services for power generation, transmission, and distribution projects in India.

Sasseur Real Estate Investment Trust

Market Cap: S$882.1m

Invests in a portfolio of real estate and related assets.

China Overseas Property Holdings

Market Cap: HK$17.5b

An investment holding company, provides property management services in Hong Kong, Macau, and Mainland China.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥293.6b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Beijing Urban Construction Investment & Development

Market Cap: CN¥10.4b

Beijing Urban Construction Investment & Development Co., Ltd.

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥13.6b

Engages in the manufacture and sale of pharmaceutical raw materials, and food and feed additives under the Star Lake and Yue Bao brand names in China and internationally.