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.

TotalEnergies

Market Cap: US$115.1b

A multi-energy company, produces and markets oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables, and electricity in France, rest of Europe, and internationally.

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.

Acrow

Market Cap: €317.2m

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

EKINOPS

Market Cap: €84.1m

Provides network solutions to service providers and enterprises worldwide.

CleanSpark

Market Cap: €2.7b

Operates as a bitcoin mining company in the Americas.

BYD Electronic (International)

Market Cap: US$92.8b

An investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People’s Republic of China and internationally.

Intertek Group

Market Cap: US$7.2b

Provides quality assurance solutions to various industries in the United Kingdom, the United States, China, Australia, and internationally.

Bertrandt

Market Cap: €181.7m

Provides engineering services.

FirstRand

Market Cap: €402.3b

Provides transactional, lending, investment, and insurance products and services in South Africa, rest of Africa, the United Kingdom, and internationally.

Arnoldo Mondadori Editore

Market Cap: €549.0m

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

PORR

Market Cap: €1.1b

Operates as a construction company in Austria, Germany, Poland, the Czech Republic, Italy, Romania, Switzerland, Serbia, Great Britain, Slovakia, Norway, Belgium, and internationally.

Absa Group

Market Cap: €153.0b

Provides retail and business banking, corporate and investment banking, insurance, financial, and wealth management products and services in South Africa and internationally.

Valeura Energy

Market Cap: €812.7m

Engages in the exploration, development, and production of petroleum and natural gas in Thailand and in Turkey.

Renew Holdings

Market Cap: €635.6m

Provides engineering services in the United Kingdom.

Highwood Asset Management

Market Cap: CA$77.5m

Together with its subsidiary, operates as an oil and gas exploration and production company in Canada.

Beijing New Building Materials

Market Cap: CN¥43.2b

Manufactures and sells building materials in China and internationally.

Bethel Automotive Safety Systems

Market Cap: CN¥28.3b

Develops, manufactures, and sells automotive safety systems and advanced driver assistance systems in China.

WemadeLtd

Market Cap: ₩946.6b

Develops and publishes games in South Korea and internationally.

KH Neochem

Market Cap: JP¥99.9b

Researches, manufactures, and sells of petrochemical products in Japan and internationally.

Security Bank

Market Cap: ₱53.6b

Provides banking and financial products and services to wholesale and retail clients in the Philippines.

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥12.7b

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.

Hyosung TNC

Market Cap: ₩940.8b

Manufactures and sells fiber in South Korea and internationally.

Trajan Group Holdings

Market Cap: AU$128.0m

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.

SK

Market Cap: ₩11.3t

Engages in advanced materials, energy, life sciences and biopharmaceuticals, and digital businesses.

Hu Lane Associate

Market Cap: NT$15.8b

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

China Tower

Market Cap: HK$193.7b

Provides telecommunication tower infrastructure services in the People's Republic of China.

Monash IVF Group

Market Cap: AU$270.8m

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

China Overseas Property Holdings

Market Cap: HK$17.0b

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

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥8.8b

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

Horizon Construction Development

Market Cap: HK$4.1b

Operates as an investment holding company that provides equipment operation services in the People's Republic of China.

Zhejiang Semir Garment

Market Cap: CN¥15.0b

Produces and sells casual apparels in China and internationally.

Tsingtao Brewery

Market Cap: HK$85.5b

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

Bangchak Corporation

Market Cap: ฿42.3b

Engages in the refining and marketing of petroleum products in Thailand, Singapore, Norway, Korea, Laos, and internationally.

Miura

Market Cap: JP¥333.6b

Produces and sells boilers in Japan and internationally.