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.

Ganyuan Foods

Market Cap: CN¥5.3b

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

LX Semicon

Market Cap: ₩896.2b

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

Trajan Group Holdings

Market Cap: AU$143.2m

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.

Beijing New Building Materials

Market Cap: CN¥44.5b

Manufactures and sells building materials in China and internationally.

Housing and Development Bank- Egypt (S.A.E)

Market Cap: ج.م33.5b

Together with its, provides corporate and retail banking services in Egypt.

Acrow

Market Cap: AU$315.7m

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

Tsingtao Brewery

Market Cap: HK$85.3b

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

China Mengniu Dairy

Market Cap: HK$63.8b

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

China Overseas Property Holdings

Market Cap: HK$17.9b

An investment holding company, provides property management services in Hong Kong, Macau, and Mainland China.

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.6b

Produces and sells seasoning products in China and internationally.

Select Harvests

Market Cap: AU$520.1m

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

Proya CosmeticsLtd

Market Cap: CN¥32.5b

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

Bidvest Group

Market Cap: €78.4b

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

Capgemini

Market Cap: €21.3b

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.

Gamma Communications

Market Cap: UK£982.4m

Provides technology-based communications and software services to small, medium, and large-sized organizations in the United Kingdom, rest of Europe, and internationally.

Air Canada

Market Cap: CA$5.7b

Provides domestic, U.S. transborder, and international airline services.

ACT Energy Technologies

Market Cap: CA$155.4m

Provides directional drilling services to oil and natural gas companies in Canada and the United States.

Hollywood Bowl Group

Market Cap: UK£432.5m

Operates ten-pin bowling and mini-golf centers in the United Kingdom and internationally.

Evonik Industries

Market Cap: €8.0b

Produces and sells specialty chemicals in the Asia-Pacific, Europe, the Middle East, Africa, Central and South America, and North America.

ProCredit Holding

Market Cap: €551.3m

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

GE HealthCare Technologies

Market Cap: €32.9b

Engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally.

Serabi Gold

Market Cap: CA$153.7m

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

lastminute.com

Market Cap: CHF 175.2m

Operates in the online travel industry providing dynamic holiday packages in Italy, Spain, the United Kingdom, France, Germany, and internationally.

Rainbow Tours

Market Cap: €1.9b

Operates as a tour operator in Poland, the Czech Republic, Greece, Spain, Turkey, Slovakia, Lithuania, and internationally.

Austevoll Seafood

Market Cap: NOK 20.0b

A seafood company, produces and sells salmon and trout, whitefish, and pelagic in Norway, the European Union, the United Kingdom, Eastern Europe, Africa, North America, Asia, and South America.

Singulus Technologies

Market Cap: €14.9m

Develops and assembles machines and systems for thin-film coating and surface treatment processes worldwide.

China Mengniu Dairy

Market Cap: €63.8b

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

Global Dominion Access

Market Cap: €485.9m

Provides integral services for business process efficiency and sustainability worldwide.

Ag Growth International

Market Cap: CA$798.1m

Manufactures and distributes equipment for bulk agriculture commodities worldwide.

Chorus Aviation

Market Cap: CA$561.9m

Through its subsidiaries, provides aviation services.

Ero Copper

Market Cap: CA$2.0b

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

Axalta Coating Systems

Market Cap: US$6.1b

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.

Ribbon Communications

Market Cap: US$671.1m

Provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally.