Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

KBR

Market Cap: US$5.1b

Provides scientific, technology, and engineering solutions to governments and commercial customers worldwide.

China Resources Land

Market Cap: HK$197.7b

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

Middle East Healthcare

Market Cap: ر.س3.0b

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

China Overseas Property Holdings

Market Cap: HK$15.0b

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

Fosun International

Market Cap: HK$35.9b

Operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally.

Acrow

Market Cap: AU$322.3m

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

China Construction Bank

Market Cap: HK$2.1t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

C&D International Investment Group

Market Cap: HK$34.5b

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.

Cheniere Energy

Market Cap: €42.6b

An energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States.

Demant

Market Cap: DKK 45.5b

Operates as a hearing healthcare company in Europe, North America, Asia, Pacific region, and internationally.

Sichuan Baicha Baidao Industrial

Market Cap: HK$9.4b

An investment holding company, provides tea drink products in the People’s Republic of China.

Carmila

Market Cap: €2.4b

As the third-largest listed owner of commercial property in Europe, Carmila was founded by Carrefour and large institutional investors in order to enhance the value of shopping centres adjoining Carrefour hypermarkets in France, Spain and Italy.

United Bank for Africa

Market Cap: ₦1.8t

Primarily provides corporate, commercial, and retail banking services in Nigeria, rest of Africa, and internationally.

Sanofi

Market Cap: €100.2b

Engages in the research, development, manufacture, and marketing of therapeutic solutions.

Ventura Offshore Holding

Market Cap: NOK 2.0b

A deep-water drilling contractor, provides offshore drilling services to the oil and gas industry in Brazil and internationally.

Adairs

Market Cap: AU$319.2m

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

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

Market Cap: ج.م47.3b

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

China National Building Material

Market Cap: HK$39.0b

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

Cabka

Market Cap: €43.6m

Manufactures and sells pallets and large containers made from recycled plastic in Europe, North America, and internationally.

DaVita

Market Cap: €8.1b

Provides kidney dialysis services for patients suffering from chronic kidney failure in the United States.

DEME Group

Market Cap: €3.6b

Provides marine solutions in the fields of offshore energy, dredging, marine infrastructure, and environmental works in Belgium, Europe, Africa, the United States, Asia, Oceania, and the Middle East.

L.D.C

Market Cap: €3.1b

Produces and sells poultry and processed products in France and internationally.

Gecina

Market Cap: €5.9b

A leading operator, that fully integrates all real estate expertise, owning, managing, and developing a unique prime portfolio valued at €17.0bn as at June 30, 2025.

Kimberly-Clark

Market Cap: €33.7b

Manufactures and markets personal care products in the United States.

Argan

Market Cap: €1.7b

ARGAN is the only French real estate company specializing in the DEVELOPMENT & RENTAL OF PREMIUM WAREHOUSES listed on EURONEXT and is the leading player of its market in France.

Honeywell International

Market Cap: €124.4b

Engages in the aerospace technologies, industrial automation, building automation, and energy and sustainable solutions businesses in the United States, Europe, and internationally.

Capgemini

Market Cap: €23.7b

Provides consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

CellaVision

Market Cap: SEK 3.6b

Develops and sells instruments, software, and reagents for blood and body fluids analysis in Sweden and internationally.

Rithm Capital

Market Cap: US$6.1b

Operates as an asset manager focused on real estate, credit, and financial services in the United States.

Dell Technologies

Market Cap: US$84.7b

Designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally.

Aurelia Metals

Market Cap: AU$431.6m

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

Carlsberg

Market Cap: US$113.1b

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

GEO Group

Market Cap: €2.2b

The GEO Group, Inc. (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom.

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.

Suzano

Market Cap: R$64.1b

Manufactures and sells pulp and paper products in Brazil and internationally.