Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Ganyuan Foods

Market Cap: CN¥4.6b

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

ACI Worldwide

Market Cap: US$4.4b

Develops, markets, installs, and supports software products and services for facilitating electronic payments in the United States and worldwide.

Arcadis

Market Cap: €2.7b

Engages in the design, engineering, architecture, and consultancy solutions for natural and built assets in The Americas, Europe, the Middle East, and the Asia Pacific.

Arnoldo Mondadori Editore

Market Cap: €546.0m

Engages in publishing of books and magazines in Italy, rest of Europe, and the United States.

Stanmore Resources

Market Cap: €2.0b

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

Jinzai Food GroupLtd

Market Cap: CN¥5.0b

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

Mears Group

Market Cap: €326.9m

Provides various outsourced services to the public and private sectors in the United Kingdom.

C&D International Investment Group

Market Cap: HK$31.5b

An investment holding company, engages in the property development, real estate industry chain investment services, and industry investment activities in the People’s Republic of China.

Westwing Group

Market Cap: €259.7m

Operates as an e-commerce retailer in the home and living sector.

Carnival Corporation &

Market Cap: €37.6b

A cruise company, provides leisure travel services in North America, Australia, Europe, and internationally.

ISOTeam

Market Cap: S$66.1m

Operates in the building maintenance and estate upgrading industry in Singapore.

LiveRamp Holdings

Market Cap: US$1.8b

A technology company, operates a data collaboration platform in the United States, Europe, the Asia-Pacific, and internationally.

Duc Giang Chemicals Group

Market Cap: ₫20.2t

Manufactures industrial products in Vietnam.

China South Publishing & Media Group

Market Cap: CN¥19.8b

Engages in the publishing, printing, distribution, media, and financing businesses in China.

Sinoma International EngineeringLtd

Market Cap: CN¥26.5b

Operates in the cement technology equipment and engineering services industry in China and internationally.

Red Rock Resorts

Market Cap: US$5.4b

Through its interest in Station Casinos LLC, develops and manages casino and entertainment properties in the United States.

OceanaGold

Market Cap: €10.1b

Engages in the exploration, development, and operation of gold and gold/copper mines in the United States, the Philippines, and New Zealand.

Ferrari Group

Market Cap: €727.7m

Provides shipping, integrated logistics, and value-added services for jewelry and precious goods in Europe, Asia, North America, Brazil, and internationally.

KMD Brands

Market Cap: AU$89.8m

Designs, markets, wholesales, and retails apparel, footwear, and equipment for surfing and the outdoors under the Kathmandu, Rip Curl, and Oboz brand names.

Andean Precious Metals

Market Cap: €1.0b

Engages in the acquisition, exploration, development, and processing of mineral resource properties in the United States.

Axalta Coating Systems

Market Cap: US$6.3b

Through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Copa Holdings

Market Cap: €4.9b

Through its subsidiaries, provides airline passenger, and cargo and mail transportation services in North America, South America, Central America, and the Caribbean.

Accenture

Market Cap: US$109.5b

Provides strategy and consulting, industry X, song, and technology and operation services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Universal Health Services

Market Cap: US$10.6b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities in the United States.

Royal Unibrew

Market Cap: DKK 20.2b

Provides beverages in Denmark, Germany, Norway, Sweden, Italy, the Netherlands, France, Finland, Lithuania, Latvia, Estonia, Belgium, Luxembourg, and internationally.

Pharming Group

Market Cap: €1.0b

A biopharmaceutical company, develops and commercializes protein replacement therapies and precision medicines for the treatment of rare diseases in the United States, Europe, and internationally.

Tecan Group

Market Cap: CHF 1.6b

Provides laboratory instruments and solutions in biopharmaceuticals, forensics, and clinical diagnostics in Europe, North America, Asia, and internationally.

ProCredit Holding

Market Cap: €488.9m

Provides commercial banking products and services for small and medium enterprises and private clients in Europe, South America, and Germany.

Atos

Market Cap: €658.9m

Provides digital transformation solutions and services in France and internationally.

Xtep International Holdings

Market Cap: HK$11.8b

Designs, develops, manufactures, markets, and sells footwear, apparel, and accessories for adults and children in Mainland China.

Saturn Oil & Gas

Market Cap: CA$1.1b

Engages in the acquisition, exploration, and development of petroleum and natural gas resource deposits in Canada.

CENIT

Market Cap: €55.9m

Provides software solutions and associated software consulting and integration services.

Sonoco Products

Market Cap: €4.8b

Designs, develops, manufactures, and sells various engineered and sustainable packaging products in the United States, Europe, Canada, the Asia Pacific, and internationally.

CEWE Stiftung KGaA

Market Cap: €634.6m

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

Chongqing Baiya Sanitary Products

Market Cap: CN¥8.0b

Chongqing Baiya Sanitary Products Co., Ltd.