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.

Trajan Group Holdings

Market Cap: AU$140.2m

Develops, manufactures, sells, and distributes analytical and life science products and devices in Australia, New Zealand, Malaysia, Japan, the United States, Europe, the Middle East, Africa, and India.

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥12.2b

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.

China National Building Material

Market Cap: HK$26.3b

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

Ganyuan Foods

Market Cap: CN¥5.8b

Engages in the research and development, production, and sale of snack foods in China.

Sinoma International EngineeringLtd

Market Cap: CN¥23.7b

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

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥12.9b

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

Shandong Yisheng Livestock & Poultry Breeding

Market Cap: CN¥8.9b

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd.

ShenZhen YUTO Packaging Technology

Market Cap: CN¥21.8b

ShenZhen YUTO Packaging Technology Co., Ltd.

Sportsman's Warehouse Holdings

Market Cap: US$76.6m

Operates as an outdoor sporting goods retailer in the United States.

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥21.2b

Designs, develops, manufactures, sells, and supplies auto parts in China.

Xiamen C&D

Market Cap: CN¥29.7b

Engages in the supply chain and real estate development businesses in China and internationally.

Proya CosmeticsLtd

Market Cap: CN¥35.4b

A beauty and personal care company, researches, develops, produces, and sells cosmetics in China.

Hubei Xingfa Chemicals Group

Market Cap: CN¥23.6b

Develops, produces, and sells phosphorus-based chemicals in China and internationally.

Adaro Minerals Indonesia

Market Cap: Rp43.9t

Engages in metallurgical coal mining business in Indonesia.

Sunshine Insurance Group

Market Cap: HK$36.7b

Provides various insurance products and related services in the People’s Republic of China.

Longfor Group Holdings

Market Cap: HK$68.7b

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.

Ningbo Deye Technology Group

Market Cap: CN¥53.8b

Engages in the production and sales of heat exchangers, inverters, and dehumidifiers in China, the United Kingdom, the United States, Germany, India, and internationally.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥7.8b

Provides chemical supply chain solutions in China and internationally.

Luxi Chemical Group

Market Cap: CN¥20.2b

Manufactures and sells chemical and fertilizer products.

China Resources Land

Market Cap: HK$180.1b

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

Beijing New Building Materials

Market Cap: CN¥47.9b

Manufactures and sells building materials in China and internationally.

IPH

Market Cap: AU$1.3b

Provides intellectual property (IP) services and products.

Acrow

Market Cap: AU$314.9m

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

Tsingtao Brewery

Market Cap: HK$93.2b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Oceania Healthcare

Market Cap: AU$463.5m

Owns and operates retirement villages and care centres in New Zealand.

Griffon

Market Cap: US$3.2b

Through its subsidiaries, provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally.

Coca-Cola Içecek Anonim Sirketi

Market Cap: ₺143.8b

Engages in the production, sales, and distribution of sparkling and still beverages in Turkey, Pakistan, Central Asia, and the Middle East.

BioArctic

Market Cap: SEK 15.7b

Develops biological drugs for patients with central nervous system disorders in Sweden.

CENIT

Market Cap: €73.3m

Operates as an IT consultancy and software company that serves manufacturing and financial services industries in Germany, Austria, Switzerland, North America, Romania, France, Belgium, the Netherlands, and China.

Teva Pharmaceutical Industries

Market Cap: €19.5b

Develops, manufactures, markets, and distributes generic and other medicines, and biopharmaceutical products in the United States, Europe, Israel, and internationally.

BWG

Market Cap: NOK 16.5b

An investment holding company, engages in ship owning and chartering activities worldwide.

TotalEnergies

Market Cap: US$113.9b

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.

Amneal Pharmaceuticals

Market Cap: €2.2b

A global biopharmaceutical company, develops, manufactures, markets, and distributes generics, injectables, biosimilars, and specialty branded pharmaceutical products worldwide.

INDUS Holding

Market Cap: €562.6m

A private equity firm specializing in mergers and acquisitions and corporate spin-offs.