Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Fortune Brands Innovations

Market Cap: US$6.1b

Engages in the provision of home and security products for residential home repair, remodeling, new construction, and security applications in the United States and internationally.

Carlsberg

Market Cap: US$112.4b

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

ASUSTeK Computer

Market Cap: NT$405.5b

Researches and develops, designs, manufactures, sells, and repairs computers, communications, and consumer electronic products in Taiwan, China, Singapore, Europe, the United States, and internationally.

Future

Market Cap: JP¥175.4b

Provides IT consulting and services primarily in Japan.

China Conch Venture Holdings

Market Cap: HK$17.7b

An investment holding company, provides various package solutions for energy conservation and environmental protection in Mainland China and the Asia-Pacific.

MCNEX

Market Cap: ₩446.4b

Manufactures and sells camera modules in South Korea and internationally.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥32.5b

Manufactures and sells power distribution in China and internationally.

Inspur Digital Enterprise Technology

Market Cap: HK$8.2b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

Hoa Phat Group

Market Cap: ₫205.3t

Produces and sells steel products in Vietnam.

REC

Market Cap: ₹932.7b

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

HD Hyundai Construction Equipment

Market Cap: ₩1.6t

HD Hyundai Construction Equipment Co.,Ltd.

Binggrae

Market Cap: ₩678.2b

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

KH Neochem

Market Cap: JP¥88.3b

Researches, manufactures, and sells of petrochemical products in Japan and internationally.

Chambal Fertilisers and Chemicals

Market Cap: ₹187.9b

Produces and sells fertilizers primarily in India.

China National Building Material

Market Cap: HK$38.9b

An investment holding company, engages in building material, new materials, and engineering technical services businesses.

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥11.4b

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.

Raydium Semiconductor

Market Cap: NT$17.4b

Engages in the design, development, and sale of display drivers, sequential control, and power management integrated circuit (IC) products in China, Hong Kong, Taiwan, and internationally.

ARN Media

Market Cap: AU$120.5m

Operates as a media and entertainment company in Australia and Hong Kong.

Emaar Properties PJSC

Market Cap: د.إ126.4b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

Hu Lane Associate

Market Cap: NT$15.1b

Engages in manufacture and sale of terminal devices, terminal crimping, industrial rubber, and plastic products in Taiwan.

Sanwa Holdings

Market Cap: JP¥874.5b

Through its subsidiaries, manufactures and sells construction materials for commercial and residential buildings in Japan, North America, Europe, and Asia.

JVM

Market Cap: ₩302.3b

Develops and sells automation systems and software of dispensing, packaging, and medication management for hospitals and pharmacies worldwide.

Huaqin Technology

Market Cap: CN¥93.5b

Engages in the development, manufacturing, and operation service of software, hardware, systems for tech companies worldwide.

ISOTeam

Market Cap: S$59.5m

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

Horizon Construction Development

Market Cap: HK$3.5b

Operates as an investment holding company that provides equipment operation services in the People's Republic of China.

Aurelia Metals

Market Cap: AU$431.6m

Engages in the exploration and production of mineral properties in Australia.

DUG Technology

Market Cap: AU$289.8m

A technology company, provides hardware and software solutions for the technology and resource sectors in Australia, the United States, the United Kingdom, Malaysia, and the United Arab Emirates.

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥4.9b

Produces and sells solid content, water-based solvent free, and special function coating products in China.

Middle East Healthcare

Market Cap: ر.س3.2b

A healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Middle East and North Africa.

Sansiri

Market Cap: ฿23.7b

Engages in the property development business in Thailand.

Guangdong Haid Group

Market Cap: CN¥89.3b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥43.9b

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

Indofood Sukses Makmur

Market Cap: Rp59.7t

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

China Railway Group

Market Cap: CN¥125.1b

Operates as a multi-functional integrated construction company in Mainland China and internationally.

Hangzhou Binjiang Real Estate GroupLtd

Market Cap: CN¥30.7b

Provides real estate development services in China.