Global Potentially Undervalued Companies

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.

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

CapitaLand Malaysia Trust

Market Cap: RM 1.9b

CapitaLand Malaysia Trust (CLMT) is a real estate investment trust (REIT) and was listed on the Main Market of Bursa Malaysia Securities Berhad on 16 July 2010.

Goldwind Science&Technology

Market Cap: CN¥36.2b

Provides wind power solutions in China and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥23.8b

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

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥12.4b

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.

Guangdong Mingyang ElectricLtd

Market Cap: CN¥11.8b

Engages in the research, development, production, and sale of high/low voltage switchgear, transformer, and power transmission and distribution equipment in China.

ShenZhen YUTO Packaging Technology

Market Cap: CN¥21.8b

ShenZhen YUTO Packaging Technology Co., Ltd.

Shandong Yisheng Livestock & Poultry Breeding

Market Cap: CN¥9.0b

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd.

Proya CosmeticsLtd

Market Cap: CN¥35.0b

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

China Overseas Property Holdings

Market Cap: HK$17.2b

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

Huaxin Cement

Market Cap: CN¥22.2b

Manufactures and sells cement in China and internationally.

Indorama Ventures

Market Cap: ฿114.0b

Manufactures and distributes petrochemical products in Thailand, the United States, Brazil, and internationally.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.0b

Provides chemical supply chain solutions in China and internationally.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.0b

Provides chemical supply chain solutions in China and internationally.

Beijing Urban Construction Investment & Development

Market Cap: CN¥9.1b

Beijing Urban Construction Investment & Development Co., Ltd.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥31.0b

Manufactures and sells power distribution and utilization systems in China and internationally.

Trajan Group Holdings

Market Cap: AU$120.4m

Develops, manufactures, sells, and distributes analytical and life science products and devices in Australia, New Zealand, Malaysia, Japan, the United States, Europe, the Middle East, Africa, and India.

MC Group

Market Cap: ฿7.9b

Manufactures, distributes, and retails apparel, accessories, and lifestyle products in Thailand.

Ningbo Deye Technology Group

Market Cap: CN¥53.2b

Engages in the production and sales of heat exchangers, inverters, and dehumidifiers in China, the United Kingdom, the United States, Germany, India, and internationally.

Hangzhou Binjiang Real Estate GroupLtd

Market Cap: CN¥29.2b

Provides real estate development services in China.

Diebold Nixdorf

Market Cap: US$1.8b

Engages in the automating, digitizing, and transforming the way people bank and shop worldwide.

M.P. Evans Group

Market Cap: €541.7m

Through its subsidiaries, owns and develops oil palm plantations in Indonesia and Malaysia.

Lenovo Group

Market Cap: €112.1b

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

GE HealthCare Technologies

Market Cap: €32.3b

Engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally.

Ultimate Products

Market Cap: UK£63.8m

Supplies branded household products in the United Kingdom, Germany, Rest of Europe, and internationally.

Fidelity National Financial

Market Cap: €15.0b

Provides various insurance products in the United States.

CEWE Stiftung KGaA

Market Cap: €685.1m

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

Robert Walters

Market Cap: €136.2m

Provides professional recruitment consultancy services worldwide.

Lithia Motors

Market Cap: €8.2b

Operates as an automotive retailer in the United States, the United Kingdom, and Canada.

ProCredit Holding

Market Cap: €618.4m

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

TotalEnergies

Market Cap: €114.2b

A multi-energy company, produces and markets oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables, and electricity in France, rest of Europe, and internationally.

Arcadis

Market Cap: €4.1b

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

Steelcase

Market Cap: €1.2b

Provides a portfolio of furniture and architectural products and services in the United States and internationally.

Arnoldo Mondadori Editore

Market Cap: €560.7m

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

Tenaris

Market Cap: €15.8b

Manufactures and supplies steel pipe products and related services for the energy industry and other industrial applications in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.