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.

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥21.9b

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

Summerset Group Holdings

Market Cap: AU$2.8b

Develops, owns, and operates integrated retirement villages in New Zealand and Australia.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp262.5t

Provides information and communications technology, and telecommunications network services worldwide.

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.7b

Produces and sells seasoning products in China and internationally.

Beijing New Building Materials

Market Cap: CN¥43.9b

Manufactures and sells building materials 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.

Tsingtao Brewery

Market Cap: HK$86.2b

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

China Resources Land

Market Cap: HK$202.9b

An investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China.

Shandong Yisheng Livestock & Poultry Breeding

Market Cap: CN¥9.1b

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd.

Luxi Chemical Group

Market Cap: CN¥19.8b

Manufactures and sells chemical and fertilizer products.

Acrow

Market Cap: AU$301.8m

Provides smart integrated construction systems across formwork, industrial services, and commercial scaffolding in Australia.

Shenzhen Transsion Holdings

Market Cap: CN¥84.3b

Manufactures and sells smart devices in Africa and internationally.

Shenzhen Fuanna Bedding and FurnishingLtd

Market Cap: CN¥6.1b

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

Longfor Group Holdings

Market Cap: HK$70.0b

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.

Proya CosmeticsLtd

Market Cap: CN¥32.1b

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

Select Harvests

Market Cap: AU$557.1m

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

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥12.1b

Manufactures and sells steel structures and supporting products in China and internationally.

IPH

Market Cap: AU$1.3b

Provides intellectual property (IP) services and products.

Sinoma International EngineeringLtd

Market Cap: CN¥24.0b

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

Trajan Group Holdings

Market Cap: AU$109.7m

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.

Ganyuan Foods

Market Cap: CN¥5.3b

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

Flowco Holdings

Market Cap: US$1.6b

Through its subsidiaries, provides production optimization, artificial lift, and methane abatement solutions for the oil and natural gas industry in the United States.

Montea Comm. VA

Market Cap: €1.5b

Montea NV is a listed real estate company under Belgian law (GVV/SIR) that specializes in logistics property in Belgium, the Netherlands, France, and Germany.

ProCredit Holding

Market Cap: €574.8m

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

Globe Life

Market Cap: US$9.7b

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

Chorus Aviation

Market Cap: CA$614.8m

Through its subsidiaries, provides aviation services.

Gap

Market Cap: US$7.7b

Operates as an apparel retail company.

ProCredit Holding

Market Cap: €574.8m

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

Lindblad Expeditions Holdings

Market Cap: US$680.6m

Provides marine expedition adventures and travel experience worldwide.

Noodles

Market Cap: US$39.0m

A restaurant concept company, develops and operates fast-casual restaurants in the United States.

Housing and Development Bank- Egypt (S.A.E)

Market Cap: ج.م32.7b

Together with its, provides corporate and retail banking services in Egypt.

Quest Resource Holding

Market Cap: €42.0m

Provides solutions for the reuse, recycling, and disposal of various waste streams and recyclables in the United States.

CVS Health

Market Cap: US$80.9b

Provides health solutions in the United States.

Cosmo Energy Holdings

Market Cap: €521.1b

Through its subsidiaries, engages in the oil business in Japan and internationally.