Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

McBride

Market Cap: €221.0m

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, the Asia-Pacific, and internationally.

Aeris Resources

Market Cap: AU$574.6m

Explores, produces, and sells precious metals in Australia.

Emaar Properties PJSC

Market Cap: د.إ117.6b

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

China Pacific Insurance (Group)

Market Cap: CN¥315.7b

Provides insurance products to individual and institutional customers in the People’s Republic of China.

Beijing New Building Materials

Market Cap: CN¥43.0b

Manufactures and sells building materials in China and internationally.

Adairs

Market Cap: AU$331.6m

Operates as a specialty retailer of home furnishings, furniture, and decoration products in Australia and New Zealand.

Anker Innovations

Market Cap: CN¥59.3b

Develops and sells mobile charging products.

Huaqin Technology

Market Cap: CN¥88.8b

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

Jinneng Holding Shanxi Coal Industryltd

Market Cap: CN¥23.8b

Engages in the production and sales of coal in China.

NetEase Cloud Music

Market Cap: HK$42.0b

An investment holding company, engages in the operation of online platforms to provide music and social entertainment services in the People’s Republic of China.

C&D International Investment Group

Market Cap: HK$37.1b

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.

China Overseas Property Holdings

Market Cap: HK$16.2b

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

Guangdong Haid Group

Market Cap: CN¥92.5b

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

Shanghai Zhonggu Logistics

Market Cap: CN¥21.5b

Provides container shipping services in China.

Sinoma International EngineeringLtd

Market Cap: CN¥24.4b

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

Trajan Group Holdings

Market Cap: AU$102.2m

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.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥14.8b

Engages in the research, development, manufacturing, and sale of invasive medical devices in China and internationally.

China Railway Group

Market Cap: CN¥126.1b

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

lastminute.com

Market Cap: CHF 127.9m

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

Globe Life

Market Cap: US$10.7b

Through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle- and middle-income families in the United States.

Merchants Bancorp

Market Cap: US$1.5b

Operates as the diversified bank holding company in the United States.

Sulzer

Market Cap: CHF 4.7b

Develops and sells products and services for fluid engineering and chemical processing applications worldwide.

Robert Walters

Market Cap: UK£89.1m

Provides professional recruitment consultancy services worldwide.

ICG

Market Cap: UK£6.0b

A private equity firm specializing in direct and fund of fund investments.

ARYZTA

Market Cap: CHF 1.2b

Provides products and services for in-store bakery solutions in Europe and internationally.

EVS Broadcast Equipment

Market Cap: €483.4m

Provides live video technology for broadcast and media productions in the United States, Europe, Africa, Middle East, and Asia Pacific.

Ernst Russ

Market Cap: €233.1m

A publicly owned investment manager.

Austevoll Seafood

Market Cap: NOK 17.8b

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.

Bonheur

Market Cap: NOK 9.5b

Engages in the renewable energy, wind service, and cruise businesses in the United Kingdom, Norway, Europe, Asia, the Americas, Africa, and Internationally.

EOG Resources

Market Cap: €58.5b

Explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in producing basins in the United States, the Republic of Trinidad and Tobago, and internationally.

LPKF Laser & Electronics

Market Cap: €145.3m

Develops, manufactures, and sells laser-based solutions for the technology industry worldwide.

Eiffage

Market Cap: €11.5b

Engages in the construction and concessions industries in France, rest of Europe, and internationally.

Blue Bird

Market Cap: US$1.7b

Designs, engineers, manufactures, and sells school buses in the United States, Canada, and internationally.

Kardemir Karabük Demir Çelik Sanayi Ve Ticaret

Market Cap: ₺28.2b

Kardemir Karabük Demir Çelik Sanayi ve Ticaret A.S.

Longfor Group Holdings

Market Cap: HK$68.4b

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.