Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Industrial Bank

Market Cap: CN¥432.1b

Provides banking products and services in the People’s Republic of China.

Hansen Technologies

Market Cap: AU$1.1b

Engages in the development, integration, and support of billing and customer information systems.

GWA Group

Market Cap: AU$645.2m

Research, designs, manufactures, imports, and markets building fixtures and fittings to residential and commercial premises in Australia, New Zealand, the United Kingdom, and internationally.

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 Railway Group

Market Cap: CN¥124.7b

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

Acrow

Market Cap: AU$326.2m

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

Emaar Properties PJSC

Market Cap: د.إ127.3b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

IRB Infrastructure Developers

Market Cap: ₹250.2b

Engages in the infrastructure development business in India.

Longfor Group Holdings

Market Cap: HK$63.9b

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 Resources Land

Market Cap: HK$194.7b

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

China Mengniu Dairy

Market Cap: HK$57.7b

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

China National Building Material

Market Cap: HK$35.8b

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

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥11.0b

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.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.5b

Provides chemical supply chain solutions worldwide.

C&D International Investment Group

Market Cap: HK$37.8b

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 Construction Bank

Market Cap: HK$2.0t

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.

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.

Anhui Expressway

Market Cap: CN¥23.4b

Engages in the construction, operation, management, and development of the toll roads and associated service sections in the People's Republic of China.

Assetwise

Market Cap: ฿5.4b

Engages in property development and other real estate activities in Thailand.

DEME Group

Market Cap: €3.5b

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.

Cheniere Energy

Market Cap: €40.6b

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

KBR

Market Cap: US$5.5b

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

Arcadis

Market Cap: €3.2b

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

Telefónica

Market Cap: €19.5b

Provides telecommunications services in Europe and Latin America.

CellaVision

Market Cap: SEK 3.5b

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

BFF Bank

Market Cap: €1.8b

Engages in non-recourse factoring and credit management activities towards public administration bodies and private hospitals in Italy, Croatia, the Czech Republic, France, Greece, Poland, Portugal, Slovakia, and Spain.

Ventura Offshore Holding

Market Cap: NOK 1.9b

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

Veolia Environnement

Market Cap: €21.6b

Designs and provides water, waste, and energy management solutions.

q.beyond

Market Cap: €87.0m

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

Wolters Kluwer

Market Cap: €20.5b

Provides professional information, software solutions, and services in the Netherlands, rest of Europe, the United States, Canada, the Asia Pacific, Africa, and internationally.

Prosegur Cash

Market Cap: €902.4m

Provides integrated cash cycle management solutions and automating payments in retail establishments and ATM management for financial institutions, retail establishments, business, government agencies, central banks, mints, and jewellery stores in Europe, LATAM, and internationally.

Inter Cars

Market Cap: zł7.6b

Engages in the import and distribution of spare parts for passenger cars and commercial vehicles in Poland, Romania, and internationally.

BAE Systems

Market Cap: €49.6b

Provides defense, aerospace, and security solutions in the United States, the United Kingdom, the Middle East, Australia, Japan, Europe, and internationally.

Altea Green Power

Market Cap: €122.9m

Supplies and manages renewable energy plants in Italy and the United States.

Kimberly-Clark

Market Cap: €34.1b

Manufactures and markets personal care products in the United States.