Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

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.

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥22.5b

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

Proya CosmeticsLtd

Market Cap: CN¥33.3b

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

Hu Lane Associate

Market Cap: NT$16.2b

Engages in manufacture and sale of terminal devices, terminal crimping, industrial rubber, and plastic products in Taiwan.

Ningbo Deye Technology Group

Market Cap: CN¥51.7b

Engages in the production and sales of heat exchangers, inverters, and dehumidifiers in South Africa, Brazil, Hongkong, Germany, India, and internationally.

Tsingtao Brewery

Market Cap: HK$85.4b

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

LX Semicon

Market Cap: ₩884.8b

Operates as a semiconductor company in South Korea, China, Vietnam, Taiwan, Japan, and internationally.

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.8b

Produces and sells seasoning products in China and internationally.

Shenzhen Transsion Holdings

Market Cap: CN¥94.2b

Provides smart devices and mobile services in Africa, South and Southeast Asia, the Middle East, Latin America, and internationally.

China Mengniu Dairy

Market Cap: HK$63.6b

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

Ganyuan Foods

Market Cap: CN¥5.3b

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

Select Harvests

Market Cap: AU$545.7m

Engages in the growing, processing, packaging, and selling of almonds and its by-products in Australia.

Beijing New Building Materials

Market Cap: CN¥45.3b

Manufactures and sells building materials in China and internationally.

Shenzhen Fuanna Bedding and FurnishingLtd

Market Cap: CN¥6.1b

Engages in the research and development, design, production, and sale of textile home furnishing, sleep home furnishing, and living products in China and internationally.

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.

Sinoma International EngineeringLtd

Market Cap: CN¥24.2b

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

Acrow

Market Cap: AU$320.3m

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

Chorus Aviation

Market Cap: CA$554.3m

Through its subsidiaries, provides aviation services.

NOV

Market Cap: US$4.5b

Designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally.

Global Dominion Access

Market Cap: €476.9m

Provides integral services for business process efficiency and sustainability worldwide.

Mattel

Market Cap: US$5.9b

A toy and family entertainment company, designs, manufactures, and markets toys and consumer products in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

Xerox Holdings

Market Cap: US$505.8m

Operates as a workplace technology company that integrates hardware, services, and software for enterprises in North America, Latin America, Europe, the Middle East, Africa, India, and internationally.

Regeneron Pharmaceuticals

Market Cap: €60.2b

Regeneron Pharmaceuticals, Inc. discovers, invents, develops, manufactures, and commercializes medicines for treating various diseases worldwide.

LKQ

Market Cap: US$8.0b

Engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories.

Capgemini

Market Cap: €20.8b

Provides 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.

MGM Resorts International

Market Cap: US$9.8b

Through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally.

ProCredit Holding

Market Cap: €541.9m

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

Huhtamäki Oyj

Market Cap: €3.2b

Provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally.

Semapa - Sociedade de Investimento e Gestão SGPS

Market Cap: €1.4b

Through its subsidiaries, produces and sells pulp, printing and writing papers, and tissues in Portugal, the rest of Europe, the United States, Africa, Asia, and Oceania.

Huhtamäki Oyj

Market Cap: €3.2b

Provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally.

Serabi Gold

Market Cap: CA$147.7m

Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.

Teva Pharmaceutical Industries

Market Cap: €20.5b

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

Gecina

Market Cap: €6.4b

A leading operator, that fully integrates all real estate expertise, owning, managing, and developing a unique prime portfolio valued at 17.0bn Euro as at June 30, 2025.

Ero Copper

Market Cap: CA$2.0b

Engages in the exploration, development, and production of mining projects in Brazil.

Luceco

Market Cap: €187.6m

Manufactures and distributes wiring accessories, LED lighting, and portable power products in the United Kingdom, the Americas, Europe, the Middle East, Africa, the Asia Pacific.