Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Shandong Yisheng Livestock & Poultry Breeding

Market Cap: CN¥9.3b

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd.

Indofood Sukses Makmur

Market Cap: Rp69.1t

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

Tsingtao Brewery

Market Cap: HK$85.0b

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

Jiangsu Changshu Rural Commercial Bank

Market Cap: CN¥23.1b

Jiangsu Changshu Rural Commercial Bank Co., Ltd.

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.

Monash IVF Group

Market Cap: AU$255.2m

Engages in the provision of assisted reproductive and specialist women imaging services in Australia and Malaysia.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥8.8b

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

China Resources Land

Market Cap: HK$209.9b

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

Trajan Group Holdings

Market Cap: AU$112.9m

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.

C&D International Investment Group

Market Cap: HK$39.8b

An investment holding company, engages in the property development, real estate industry chain investment services, and industry investment activities in the People’s Republic of China.

Middle East Healthcare

Market Cap: ر.س5.2b

A healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Middle East and North Africa.

IPH

Market Cap: AU$957.0m

Provides intellectual property (IP) services and products.

China Resources Power Holdings

Market Cap: HK$91.0b

An investment holding company, invests in, develops, operates, and manages power plants and coal mines in the People’s Republic of China.

Bank of China

Market Cap: HK$1.7t

Provides various banking and financial services in Chinese Mainland, Hong Kong, Macao, Taiwan, and internationally.

Ganyuan Foods

Market Cap: CN¥5.1b

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

Sinoma International EngineeringLtd

Market Cap: CN¥22.8b

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

China Construction Bank

Market Cap: HK$2.0t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

Shanghai Yuyuan Tourist Mart (Group)

Market Cap: CN¥22.5b

Shanghai Yuyuan Tourist Mart (Group) Co., Ltd.

Worley

Market Cap: AU$7.2b

Provides professional services to the energy, chemicals, and resources sectors in the Americas, Europe, the Middle East, Africa, Australia, the Asia Pacific, and China.

Robert Walters

Market Cap: €81.6m

Provides professional recruitment consultancy services worldwide.

Grand Pharmaceutical Group

Market Cap: €29.4b

An investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical preparations and medical devices, biotechnology and healthcare products, and pharmaceutical raw materials.

Business First Bancshares

Market Cap: US$712.5m

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

Transcontinental

Market Cap: €1.6b

Engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, and internationally.

Axalta Coating Systems

Market Cap: US$6.2b

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.

Sanofi

Market Cap: €94.3b

Engages in the research, development, manufacture, and marketing of therapeutic solutions.

Pearson

Market Cap: €6.7b

Provides educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally.

Bertrandt

Market Cap: €180.9m

Provides engineering services.

Ferrari Group

Market Cap: €768.7m

Provides shipping, integrated logistics, and value-added services for jewelry and precious goods in Europe, Asia, North America, Brazil, and internationally.

Ion Beam Applications

Market Cap: €305.0m

Designs, produces, and markets solutions for cancer diagnosis and treatments in Belgium, the United States, and internationally.

Daimler Truck Holding

Market Cap: €28.0b

Manufactures and sells light, medium- and heavy-duty trucks and buses in Europe, North America, Asia, Latin America, and internationally.

Sulzer

Market Cap: CHF 4.5b

Develops and sells products and services for fluid engineering and chemical processing applications worldwide.

Koenig & Bauer

Market Cap: €232.7m

Develops and manufactures printing and postprint systems worldwide.

Plumas Bancorp

Market Cap: US$299.7m

Operates as the bank holding company for the Plumas Bank that provides various banking products and services for small and middle market businesses and individuals in California, Nevada, and Oregon.

Premier Foods

Market Cap: UK£1.6b

Manufactures, distributes, and sells branded and own label food products in the United Kingdom, other European countries, and internationally.

Gen Digital

Market Cap: US$17.9b

Engages in the provision of cyber safety solutions for or individuals, families, and small businesses.