Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Shenzhen Transsion Holdings

Market Cap: CN¥80.4b

Provides smart devices and mobile services in Africa, South and Southeast Asia, the Middle East, Latin America, and internationally.

Sichuan Baicha Baidao Industrial

Market Cap: HK$10.2b

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

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.

NetEase Cloud Music

Market Cap: HK$40.4b

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.

Acrow

Market Cap: AU$327.8m

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

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥14.5b

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

China Resources Land

Market Cap: HK$209.8b

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

China Railway Group

Market Cap: CN¥127.0b

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

Longfor Group Holdings

Market Cap: HK$69.1b

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.

China Overseas Property Holdings

Market Cap: HK$16.1b

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

C&D International Investment Group

Market Cap: HK$36.9b

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 National Building Material

Market Cap: HK$40.3b

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

Aurelia Metals

Market Cap: AU$414.7m

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

Huaqin Technology

Market Cap: CN¥89.6b

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

Aeris Resources

Market Cap: AU$563.1m

Explores, produces, and sells precious metals in Australia.

China Pacific Insurance (Group)

Market Cap: CN¥318.5b

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

Adairs

Market Cap: AU$327.2m

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

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥11.2b

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

Anker Innovations

Market Cap: CN¥59.0b

Develops and sells mobile charging products.

Beijing New Building Materials

Market Cap: CN¥42.3b

Manufactures and sells building materials in China and internationally.

China Mengniu Dairy

Market Cap: HK$57.4b

An investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People’s Republic of China and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥25.6b

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

Jiang Zhong PharmaceuticalLtd

Market Cap: CN¥14.6b

Engages in the manufacture of pharmaceutical products in China.

Compagnie de Saint-Gobain

Market Cap: €41.4b

Designs, manufactures, and distributes materials and solutions for the construction and industrial markets worldwide.

lastminute.com

Market Cap: CHF 127.4m

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

Kardemir Karabük Demir Çelik Sanayi Ve Ticaret

Market Cap: ₺28.9b

Kardemir Karabük Demir Çelik Sanayi ve Ticaret A.S.

Jazz Pharmaceuticals

Market Cap: €10.1b

Jazz Pharmaceuticals plc identifies, develops, and commercializes pharmaceutical products in the United States, Europe, and internationally.

LPKF Laser & Electronics

Market Cap: €142.1m

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

Sanofi

Market Cap: €104.2b

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

Arcadis

Market Cap: €3.3b

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

q.beyond

Market Cap: €87.0m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

Sulzer

Market Cap: CHF 4.7b

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

Koenig & Bauer

Market Cap: €165.6m

Develops and manufactures printing and postprint systems worldwide.

Eiffage

Market Cap: €11.5b

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

Mitek Systems

Market Cap: US$416.8m

Provides mobile image capture and digital identity verification solutions worldwide.