Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Oceania Healthcare

Market Cap: AU$557.7m

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

NetEase

Market Cap: US$594.9b

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

Indofood Sukses Makmur

Market Cap: Rp52.5t

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

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp302.1t

Provides information and communications technology, and telecommunications network services worldwide.

Grupa Pracuj

Market Cap: €2.8b

Operates HR technology platform in Poland, Ukraine, and Germany.

Sabio Holdings

Market Cap: CA$15.4m

Operates as a technology provider in the advertising areas of connected TV (CTV) and over-the-top (OTT) streaming in the United States and the United Kingdom.

LiveRamp Holdings

Market Cap: US$1.8b

A technology company, operates a data collaboration platform in the United States, Europe, the Asia-Pacific, and internationally.

First Bank

Market Cap: €380.2m

Provides various banking products and services to small and mid-sized businesses and individuals.

East West Bancorp

Market Cap: US$14.4b

Operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States.

ICG

Market Cap: UK£4.5b

A private equity firm specializing in direct and fund of fund investments.

Curaleaf Holdings

Market Cap: US$2.5b

Engages in the retail and wholesale of cannabis products in the United States and internationally.

American Integrity Insurance Group

Market Cap: €375.7m

Operates as an insurance company in the United States.

Prosegur Cash

Market Cap: €880.5m

Provides integrated cash cycle management solutions and automating payments in retail establishments and ATM management in Europe, LATAM, and internationally.

Arnoldo Mondadori Editore

Market Cap: €510.0m

Engages in publishing of books and magazines in Italy, rest of Europe, and the United States.

Maisons du Monde

Market Cap: €42.4m

Through its subsidiaries, provides home and living room related products in France and internationally.

Bertrandt

Market Cap: €168.8m

Provides engineering services.

Business First Bancshares

Market Cap: €857.0m

Operates as the bank holding company for b1BANK that provides various banking products and services in Louisiana and Texas.

XP

Market Cap: US$9.8b

Provides financial products and services in Brazil.

Pollard Banknote

Market Cap: €502.1m

Engages in the manufacture and sale of lottery and charitable gaming products and solutions in the United States, Canada, and internationally.

Travere Therapeutics

Market Cap: US$2.6b

A biopharmaceutical company, identifies, develops, and delivers therapies to people living with rare kidney and metabolic diseases in the United States.

Sabre

Market Cap: €626.3m

Operates as a software and technology company for the travel industry in the United States, Europe, Asia-Pacific, and internationally.

EVS Broadcast Equipment

Market Cap: €447.7m

Provides live video technology for broadcast and media productions in the United States, Europe, Africa, Middle East, and Asia Pacific.

Bosideng International Holdings

Market Cap: US$47.5b

Engages in the apparel business in the People’s Republic of China.

Abercrombie & Fitch

Market Cap: US$4.0b

Through its subsidiaries, operates as an omnichannel retailer in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Hoenle

Market Cap: €56.9m

Develops, manufactures, and distributes industrial UV technologies and systems in Germany and internationally.

Brinker International

Market Cap: €6.2b

Owns, develops, operates, and franchises casual dining restaurants in the United States and internationally.

Gap

Market Cap: US$8.9b

Operates as an apparel retail company in the United States, Canada, Japan, Taiwan, and internationally.

Myer Holdings

Market Cap: €527.9m

Operates department stores in Australia and New Zealand.

Ayvens

Market Cap: €7.9b

Provides service leasing and vehicle fleet management services in the France, Rest of Europe, Latin America, Asia, and internationally.

Ernst Russ

Market Cap: €244.6m

A publicly owned investment manager.

Andritz

Market Cap: €6.2b

Engages in the provision of industrial machinery, equipment, and services in Europe, North America, South America, China, Asia, Africa, Australia, and internationally.

Regis Resources

Market Cap: US$5.3b

Engages in the exploration, evaluation, and development of gold projects in Australia.

Hochschild Mining

Market Cap: UK£3.0b

A precious metals company, engages in the exploration, mining, processing, and sale of gold and silver deposits in Peru, Argentina, the United Kingdom, Canada, Brazil, and Chile.

Torex Gold Resources

Market Cap: US$6.1b

A mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Mexico and the United States.

JOYY

Market Cap: US$3.0b

Engages in the provision of social product matrix and communication technology.