Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

China Mengniu Dairy

Market Cap: HK$56.3b

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

Beijing New Building Materials

Market Cap: CN¥43.0b

Manufactures and sells building materials in China and internationally.

Stanmore Resources

Market Cap: AU$1.9b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

Monash IVF Group

Market Cap: AU$237.7m

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

Shanghai Zhonggu Logistics

Market Cap: CN¥21.3b

Provides container shipping services in China.

KH Neochem

Market Cap: JP¥82.3b

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

Anker Innovations

Market Cap: CN¥55.3b

Develops and sells mobile charging products.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥14.3b

Researches, develops, manufactures, and sells minimally invasive medical devices to hospitals and clinics worldwide.

China Railway Group

Market Cap: CN¥126.2b

Operates as a multi-functional integrated construction company in Mainland China and internationally.

Sanwa Holdings

Market Cap: JP¥834.5b

Through its subsidiaries, manufactures and sells construction materials for commercial and residential buildings in Japan, North America, Europe, and Asia.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.7b

Provides chemical supply chain solutions worldwide.

Fosun International

Market Cap: HK$38.6b

Operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally.

China Pacific Insurance (Group)

Market Cap: CN¥316.2b

Provides insurance products to individual and institutional customers in the People’s Republic of China.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥11.7b

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

Kaufman & Broad

Market Cap: €562.9m

Operates as a property developer and builder in France.

LPKF Laser & Electronics

Market Cap: €132.3m

Develops, manufactures, and sells laser-based solutions for the technology industry worldwide.

Sanofi

Market Cap: €105.0b

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

Altea Green Power

Market Cap: €110.0m

Supplies and manages renewable energy plants in Italy and the United States.

Gecina

Market Cap: €5.8b

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

Sword Group

Market Cap: €325.5m

Provides IT and software solutions.

lastminute.com

Market Cap: CHF 139.6m

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

ARYZTA

Market Cap: CHF 1.2b

Provides products and services for in-store bakery solutions in Europe and internationally.

Demant

Market Cap: DKK 45.8b

Operates as a hearing healthcare company in Europe, North America, Asia, Pacific region, and internationally.

Ventura Offshore Holding

Market Cap: NOK 2.2b

A deep-water drilling contractor, provides offshore drilling services to the oil and gas industry in Brazil and internationally.

Koenig & Bauer

Market Cap: €159.6m

Develops and manufactures printing and postprint systems worldwide.

Morgan Advanced Materials

Market Cap: UK£536.5m

Manufactures and sells various carbon and ceramic products.

ConocoPhillips

Market Cap: €108.0b

Explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids.

Gamma Communications

Market Cap: UK£833.1m

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

Care Property Invest

Market Cap: €431.3m

Care Property Invest nv/SA is a Public Regulated Real Estate Company (public RREC) under Belgian law.

Huaqin Technology

Market Cap: CN¥85.9b

Engages in the development, manufacturing, and operation service of software, hardware, systems for tech companies worldwide.

Kardemir Karabük Demir Çelik Sanayi Ve Ticaret

Market Cap: ₺28.4b

Kardemir Karabük Demir Çelik Sanayi ve Ticaret A.S.

DOF Group

Market Cap: €23.6b

Owns and operates a fleet of offshore and subsea vessels.

Chorus Aviation

Market Cap: CA$533.3m

Through its subsidiaries, provides aviation services.

Kyivstar Group

Market Cap: US$2.9b

Provides a range of mobile communication and home Internet services in Ukraine.

Valeura Energy

Market Cap: €770.3m

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