Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

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.

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.

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.

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.

CapitaLand Malaysia Trust

Market Cap: RM 2.1b

CapitaLand Malaysia Trust (CLMT) is a real estate investment trust (REIT) listed on the Main Market of Bursa Malaysia Securities Berhad since 16 July 2010.

Aurelia Metals

Market Cap: AU$448.8m

Engages in the exploration and production of mineral properties in Australia.

NSL Foods

Market Cap: ฿6.5b

Engages in the manufacture and distribution of bakery and snack products in Thailand.

Sichuan Baicha Baidao Industrial

Market Cap: HK$8.5b

An investment holding company, provides tea drink products in the People’s Republic of China.

IndiQube Spaces

Market Cap: ₹33.8b

Provides workplace solutions and value-added services in India.

Stanmore Resources

Market Cap: AU$2.1b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

Origin Property

Market Cap: ฿4.3b

Engages in property development in Thailand.

ARN Media

Market Cap: AU$70.4m

Operates as a media and entertainment company in Australia and Hong Kong.

Star Petroleum Refining

Market Cap: ฿28.2b

Engages in refinery and petroleum product distribution in Thailand and internationally.

Indofood Sukses Makmur

Market Cap: Rp61.2t

Operates as a food solutions company in Indonesia, rest of Asia, Africa, and internationally.

Acrow

Market Cap: AU$303.8m

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

Pepper Money

Market Cap: €795.1m

Operates as a non-bank lender in the mortgage and asset finance markets in Australia and New Zealand.

Equasens Société anonyme

Market Cap: €626.0m

Provides healthcare IT solutions in Europe.

Genpact

Market Cap: €6.3b

Provides business process outsourcing and information technology services in India, the rest of Asia, North and Latin America, and Europe.

On the Beach Group

Market Cap: €273.9m

Operates as an online retailer of short haul beach holidays under the On the Beach brand in the United Kingdom and Republic of Ireland.

Pharming Group

Market Cap: €1.1b

A biopharmaceutical company, develops and commercializes protein replacement therapies and precision medicines for the treatment of rare diseases in the United States, Europe, and internationally.

Accenture

Market Cap: US$121.3b

Provides strategy and consulting, industry X, song, and technology and operation services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

ANTA Sports Products

Market Cap: €238.0b

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

Universal Health Services

Market Cap: US$11.1b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities in the United States.

McBride

Market Cap: €282.9m

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.

China Life Insurance

Market Cap: €1.1t

Operates as a life insurance company in the People’s Republic of China.

NetEase

Market Cap: US$581.7b

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.

Hansen Technologies

Market Cap: AU$1.0b

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

Oceania Healthcare

Market Cap: AU$521.4m

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

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥15.0b

Operates as contract development and manufacturing organization (CDMO) company in China and internationally.

China Resources Land

Market Cap: HK$223.5b

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