Global Potentially Undervalued Companies

China Foods

Market Cap: HK$7.8b

An investment holding company, manufactures, distributes, markets, and sells Coca-Cola series products in the People’s Republic of China.

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Anhui HeliLtd

Market Cap: CN¥14.3b

Engages in the manufacture and sale of industrial vehicles in the People’s Republic of China.

IPH

Market Cap: AU$1.2b

Provides intellectual property (IP) services and products.

China Resources Land

Market Cap: HK$192.5b

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

Transcontinental

Market Cap: €1.5b

Engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, and internationally.

Transcontinental

Market Cap: CA$1.5b

Engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, and internationally.

SergeFerrari Group

Market Cap: €59.4m

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

FinVolution Group

Market Cap: US$1.9b

Operates in the online consumer finance industry.

China Everbright Environment Group

Market Cap: €21.1b

An investment holding company, provides environmental solutions worldwide.

Absa Group

Market Cap: €138.1b

Provides retail and business banking, corporate and investment banking, insurance, financial, and wealth management products and services in South Africa and internationally.

Finning International

Market Cap: US$5.1b

Sells, services, and rents heavy equipment, engines, and related products in Canada, Chile, the United Kingdom, Argentina, and internationally.

Datalogic

Market Cap: €228.0m

Manufactures and sells automatic data capture and process automation products in Italy, the Americas, the Asia Pacific, rest of Europe, the Middle East, and Africa.

Stabilus

Market Cap: €563.2m

Manufactures and sells gas springs, dampers, electromechanical damper opening systems, vibration isolation products, and industrial components in Europe, the Middle East, Africa, North and South America, the Asia-Pacific, and internationally.

Chemung Financial

Market Cap: US$210.5m

Operates as a bank holding company for Chemung Canal Trust Company that provides a range of banking, financing, fiduciary, and other financial services.

Lithia Motors

Market Cap: €7.8b

Operates as an automotive retailer in the United States, the United Kingdom, and Canada.

Enovis

Market Cap: €1.9b

Operates as a medical technology company focus on developing clinically differentiated solutions in the United States and internationally.

MONY Group

Market Cap: UK£1.1b

Engages in the provision of price comparison and lead generation services through its websites and applications in the United Kingdom.

Bidvest Group

Market Cap: €78.4b

An investment holding company, engages in services, trading, and distribution businesses in South Africa and internationally.

Cummins

Market Cap: €38.4b

Offers various power solutions worldwide.

Bombardier

Market Cap: US$8.3b

Engages in the design, manufacture, and sale of business aircraft and aircraft structural components worldwide.

TELUS International (Cda)

Market Cap: CA$683.6m

Offers digital customer experience and digital solutions in the Asia-Pacific, the Central America, Europe, Africa, North America, and internationally.

Regional Management

Market Cap: €324.2m

A diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States.

Steelcase

Market Cap: €1.1b

Provides a portfolio of furniture and architectural products and services in the United States and internationally.

PLDT

Market Cap: US$282.0b

Provides telecommunications and digital services in the Philippines.

CES Energy Solutions

Market Cap: €1.4b

Engages in the design, implementation, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada.

Sangoma Technologies

Market Cap: US$222.0m

Develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications in the United States of America and internationally.

TD SYNNEX

Market Cap: US$8.9b

Operates as a distributor and solutions aggregator for the information technology (IT) ecosystem.

Nexus Industrial REIT

Market Cap: CA$624.7m

A growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition of industrial properties located in primary and secondary markets in Canada, and the ownership and management of its portfolio of properties.

Montrose Environmental Group

Market Cap: US$500.5m

Operates as an environmental services company in the United States, Canada, and internationally.

Tennant

Market Cap: US$1.3b

Designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Capgemini

Market Cap: €22.5b

Engages in the provision of 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.

Boyd Gaming

Market Cap: US$5.4b

Operates as a multi-jurisdictional gaming company in the United States and Canada.

Quest Resource Holding

Market Cap: €49.9m

Provides solutions for the reuse, recycling, and disposal of various waste streams and recyclables in the United States.

AB Volvo

Market Cap: US$512.2b

Manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, the United States, Asia, Africa, and Oceania.

TotalEnergies

Market Cap: US$115.7b

A multi-energy company, produces and markets oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables, and electricity in France, rest of Europe, and internationally.