Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

GFT Technologies

Market Cap: €475.5m

Provides digital transformation services.

Acrow

Market Cap: €291.3m

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

Aegean Airlines

Market Cap: €1.2b

Operates as an airline company that engages in the provision of public airline transportation services in Greece and internationally.

Havas

Market Cap: €1.6b

Provides communications and marketing services in France, the United Kingdom, rest of Europe, North America, Latin America, the Asia-Pacific, and Africa.

TravelSky Technology

Market Cap: US$29.3b

Provides information technology (IT) solutions for the aviation and travel industries in the People’s Republic of China.

Premier Foods

Market Cap: UK£1.7b

Manufactures, distributes, and sells branded and own label food products in the United Kingdom, other European countries, and internationally.

McBride

Market Cap: €280.7m

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.

Akzo Nobel

Market Cap: €8.7b

Produces and sells paints and coatings worldwide.

Perrigo

Market Cap: €1.6b

Provides over-the-counter health and wellness solutions in the United States, Europe, and internationally.

Rogers Communications

Market Cap: €24.9b

Operates as a communications, sports, and entertainment company in Canada.

CEWE Stiftung KGaA

Market Cap: €649.1m

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

Ansell

Market Cap: €4.0b

Designs, sources, develops, manufactures, distributes, and sells hand and body protection solutions in the Asia Pacific, Europe, the Middle East, Africa, Latin America, the Caribbean, and North America.

Forbo Holding

Market Cap: CHF 1.1b

Engages in the production and sell of floor coverings, building and construction adhesives, and belt for power transmission and conveyor technology worldwide.

Ferrari Group

Market Cap: €687.5m

Provides shipping, integrated logistics, and value-added services for jewelry and precious goods in Europe, Asia, North America, Brazil, and internationally.

Compagnie Chargeurs Invest

Market Cap: €204.2m

Operates as an industrial and financial company in France, Italy, Germany, the United States, Mainland China, Hong Kong, the United Kingdom, and internationally.

SergeFerrari Group

Market Cap: €79.5m

Designs, develops, manufactures, and markets composite materials for lightweight architectural and outdoor applications in France and internationally.

CENIT

Market Cap: €56.9m

Provides software solutions and associated software consulting and integration services.

BRP

Market Cap: €7.9b

Designs, develops, manufactures, and sells powersports vehicles and marine products in the United States, Canada, Europe, Asia Pacific, Latin America, and internationally.

Forward Air

Market Cap: €600.8m

Operates as an asset-light freight and logistics company in the United States, Mexico, Europe, Asia, and Canada.

Atalaya Mining Copper

Market Cap: €1.2b

Engages in the mineral exploration and development in Spain.

Fresenius SE KGaA

Market Cap: €24.8b

A health care company, provides products and services for chronically ill patients in North America, Europe, the Asia-Pacific, Latin America, and Africa.

ProCredit Holding

Market Cap: €498.9m

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

ANTA Sports Products

Market Cap: €234.2b

Engages in the research, design, development, manufacture, market, and sale of professional sports footwear, apparel, and accessories in China and internationally.

Asahi Group Holdings

Market Cap: €2.4t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

PENN Entertainment

Market Cap: €2.0b

Provides integrated entertainment, sports content, and casino gaming experiences in the United States and internationally.

Tongcheng Travel Holdings

Market Cap: €42.6b

An investment holding company, provides travel related services in the People’s Republic of China.

Mears Group

Market Cap: €320.9m

Provides various outsourced services to the public and private sectors in the United Kingdom.

Compagnie de Saint-Gobain

Market Cap: €37.2b

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

Persimmon

Market Cap: UK£3.7b

Operates as a house builder in the United Kingdom.

Arnoldo Mondadori Editore

Market Cap: €542.1m

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

Hoenle

Market Cap: €56.4m

Develops, manufactures, and distributes industrial UV technologies and systems in Germany and internationally.

DNO

Market Cap: €17.9b

Engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa.

LiveRamp Holdings

Market Cap: US$1.7b

A technology company, operates a data collaboration platform in the United States, Europe, the Asia-Pacific, and internationally.

Sabio Holdings

Market Cap: CA$11.9m

Operates as a technology provider in the advertising areas of connected TV (CTV) and over-the-top (OTT) streaming in the United States and the United Kingdom.

A. O. Smith

Market Cap: €9.3b

Manufactures and markets residential and commercial gas and electric water heaters, boilers, heat pumps, tanks, and water treatment products in North America, China, Europe, and India.