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.

CLIO CosmeticsLtd

Market Cap: ₩279.0b

Provides makeup products in South Korea and internationally.

GPS Participações e Empreendimentos

Market Cap: R$11.1b

Together its subsidiaries, engages in the provision of facilities, security, logistics, utility engineering, industrial service, catering, and infrastructure services in Brazil.

Bank Mandiri (Persero)

Market Cap: €442.4t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Hong Kong, Timor Leste, Shanghai, Malaysia, England, and the Cayman Islands.

PSK

Market Cap: ₩548.9b

Develops, manufactures, and sells semiconductor processing equipment in worldwide.

CENIT

Market Cap: €71.3m

Provides software solutions and associated software consulting and integration services.

Hafnia

Market Cap: US$25.3b

Owns and operates oil product tankers in Bermuda.

Alaris Equity Partners Income Trust

Market Cap: €873.6m

A private equity firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, growth capital, and mature investments.

Shenzhen Fuanna Bedding and FurnishingLtd

Market Cap: CN¥6.2b

Engages in the research and development, design, production, and sales of textile home furnishing, sleep home furnishing, and living products in China and internationally.

TravelSky Technology

Market Cap: US$31.2b

Provides information technology (IT) solutions for the aviation and travel industries in the People’s Republic of China.

Tsingtao Brewery

Market Cap: €86.9b

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

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥48.3b

Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd.

Shenzhen Transsion Holdings

Market Cap: CN¥85.1b

Manufactures and sells smart devices in Africa and internationally.

IPH

Market Cap: AU$1.2b

Provides intellectual property (IP) services and products.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥270.7b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥23.0b

Designs, develops, manufactures, sells, and supplies auto parts in China.

Huaxin Cement

Market Cap: CN¥23.1b

Manufactures and sells cement in China and internationally.

Longfor Group Holdings

Market Cap: HK$66.7b

An investment holding company, engages in the property development, commercial investment, asset management, property management, and smart construction businesses in the People’s Republic of China.

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.6b

Produces and sells seasoning products in China and internationally.

MGM Resorts International

Market Cap: US$10.2b

Through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally.

Ganyuan Foods

Market Cap: CN¥5.6b

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

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥11.9b

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.

Beijing New Building Materials

Market Cap: CN¥45.4b

Manufactures and sells building materials in China and internationally.

Vieworks

Market Cap: ₩193.3b

Develops, manufactures, and sells imaging systems and solutions.

Proya CosmeticsLtd

Market Cap: CN¥31.9b

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

Universal Health Services

Market Cap: US$11.9b

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

Select Harvests

Market Cap: AU$578.4m

Engages in the growing, processing, packaging, and selling of almonds and its by-products in Australia.

Hubei Xingfa Chemicals Group

Market Cap: CN¥22.9b

Develops, produces, and sells phosphorus-based chemicals in China and internationally.

Huhtamäki Oyj

Market Cap: €3.3b

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

Havas

Market Cap: €1.5b

Provides communications and marketing services in France, the United Kingdom, rest of Europe, North America, Latin America, the Asia-Pacific, and Africa.

Amneal Pharmaceuticals

Market Cap: €2.6b

A global biopharmaceutical company, develops, manufactures, markets, and distributes generics, injectables, biosimilars, and specialty branded pharmaceutical products worldwide.

ACM Research

Market Cap: €1.8b

Develops, manufactures, and sells capital equipment worldwide.

Sanofi

Market Cap: €101.5b

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

Pearson

Market Cap: €7.0b

Provides educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally.

PORR

Market Cap: €1.0b

Operates as a construction company in Austria, Germany, Poland, the Czech Republic, Italy, Romania, Switzerland, Serbia, Great Britain, Slovakia, Norway, Belgium, and internationally.