Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

DNO

Market Cap: NOK 17.1b

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

Lucky Harvest

Market Cap: CN¥8.2b

Engages in the research, development, production, and sale of precision stamping dies and structural metal parts in China.

Shenzhen YHLO Biotech

Market Cap: CN¥8.2b

Researches, develops, produces, sells, and services in vitro diagnostic instruments and reagents in China and internationally.

LiveRamp Holdings

Market Cap: US$1.8b

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

LHN

Market Cap: S$259.2m

An investment holding company, engages in space optimization, property development, facilities management services, and energy businesses in Singapore, Hong Kong, Myanmar, Indonesia, and Cambodia.

ISOTeam

Market Cap: S$66.1m

Operates in the building maintenance and estate upgrading industry in Singapore.

Anhui Conch Cement

Market Cap: CN¥111.2b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

Bertrandt

Market Cap: €162.2m

Provides engineering services.

Ovintiv

Market Cap: €15.0b

Operates as an oil and natural gas exploration and production company in North America.

Suzano

Market Cap: R$59.2b

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

KMD Brands

Market Cap: AU$95.5m

Designs, markets, wholesales, and retails apparel, footwear, and equipment for surfing and the outdoors under the Kathmandu, Rip Curl, and Oboz brand names.

CENIT

Market Cap: €56.4m

Provides software solutions and associated software consulting and integration services.

Ferrari Group

Market Cap: €719.4m

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

Leidos Holdings

Market Cap: €19.5b

Provides services and solutions for government and commercial customers in the United States and internationally.

Metcash

Market Cap: AU$3.2b

Operates as a wholesale distribution and marketing company in Australia.

CENIT

Market Cap: €56.4m

Provides software solutions and associated software consulting and integration services.

Exxaro Resources

Market Cap: €49.0b

Engages in coal, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Asia, and internationally.

Huron Consulting Group

Market Cap: US$2.0b

Provides global professional services in the United States and internationally.

Tianjin Ringpu Bio-TechnologyLtd

Market Cap: CN¥8.5b

Engages in the research and development, production, and sale of veterinary raw materials, pharmaceutical preparation, functional additives, and veterinary biological products.

ProCredit Holding

Market Cap: €532.4m

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

ICG

Market Cap: UK£5.3b

A private equity firm specializing in direct and fund of fund investments.

Indivior Pharmaceuticals

Market Cap: €4.0b

Engages in the development, manufacture, and sale of buprenorphine-based prescription drugs for the treatment of opioid dependence and related disorders in the United States, Europe, Canada, Australia, and internationally.

C&D International Investment Group

Market Cap: HK$31.7b

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.

Axalta Coating Systems

Market Cap: US$6.4b

Through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Fresenius SE KGaA

Market Cap: €25.1b

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: €532.4m

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

Ingenia Communities Group

Market Cap: AU$1.7b

A leading operator, owner and developer of communities offering quality affordable rental and holiday accommodation focused on the growing seniors’ market in Australia.

China Railway Group

Market Cap: CN¥123.5b

Engages in the construction and engineering contractor business in China and internationally.

DEXUS

Market Cap: AU$6.5b

A leading Australasian fully integrated real asset group, managing a high-quality Australasian real estate and infrastructure portfolio valued at $51.5 billion.

Genscript Biotech

Market Cap: HK$30.1b

An investment holding company, engages in the manufacture and sale of life science research products and services in the United States of America, Europe, Mainland China, Europe, Asia Pacific, and internationally.

Military Commercial Bank

Market Cap: ₫213.1t

Provides banking products and services in Vietnam.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp307.1t

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

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥189.6b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

GWA Group

Market Cap: AU$532.5m

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

Trajan Group Holdings

Market Cap: AU$59.5m

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.