Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

BYD Electronic (International)

Market Cap: US$70.1b

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.

AMG Critical Materials

Market Cap: US$1.1b

Develops, produces, and sells energy storage materials.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp302.1t

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

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.

American Integrity Insurance Group

Market Cap: €370.4m

Operates as an insurance company in the United States.

Green Thumb Industries

Market Cap: €2.1b

Manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States.

XP

Market Cap: US$9.9b

Provides financial products and services in Brazil.

JOYY

Market Cap: US$3.1b

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

Arnoldo Mondadori Editore

Market Cap: €506.8m

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

Torex Gold Resources

Market Cap: US$6.2b

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

Orion Group Holdings

Market Cap: US$406.0m

Operates as a specialty construction company for the infrastructure, industrial, and building sectors in the United States, Canada, and the Caribbean Basin.

High Tide

Market Cap: US$295.1m

Engages in the cannabis retail business in Canada, the United States, and internationally.

Sword Group

Market Cap: €291.9m

Provides IT and software solutions.

LKQ

Market Cap: US$7.3b

Engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories.

Addus HomeCare

Market Cap: US$1.8b

Provides personal care services to elderly, chronically ill, disabled persons, and individuals who are at risk of hospitalization or institutionalization in the United States.

ICG

Market Cap: UK£4.4b

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

Havas

Market Cap: €1.5b

Provides communications and marketing services in France, the United Kingdom, rest of Europe, North America, Latin America, the Asia-Pacific, and Africa.

Abercrombie & Fitch

Market Cap: US$3.9b

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

East West Bancorp

Market Cap: US$14.2b

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.

TravelSky Technology

Market Cap: US$31.8b

Provides information technology (IT) solutions for the aviation and travel industries in the People’s Republic of China.

Red Rock Resorts

Market Cap: US$5.8b

Through its interest in Station Casinos LLC, develops and manages casino and entertainment properties in the United States.

Indofood Sukses Makmur

Market Cap: €52.5t

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

Kuaishou Technology

Market Cap: €260.5b

An investment holding company, provides live streaming, online marketing, and other services in the People’s Republic of China.

Globe Life

Market Cap: US$11.0b

Through its subsidiaries, provides various life and supplemental health insurance products to lower middle- and middle-income families in the United States.

Bidvest Group

Market Cap: €78.4b

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

Sanofi

Market Cap: €92.8b

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

Intertek Group

Market Cap: US$5.7b

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

Cabka

Market Cap: €40.3m

Manufactures and sells pallets and large containers made from recycled plastic in Europe, North America, and internationally.

Altea Green Power

Market Cap: €116.7m

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

Silgan Holdings

Market Cap: US$4.5b

Manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally.

AAC Technologies Holdings

Market Cap: €38.5b

An investment holding company, provides sensory experience solutions in Greater China, the United States, Europe, Other Asian countries, and internationally.

Pepper Money

Market Cap: €806.3m

Operates as a non-bank lender in the mortgage and asset finance markets in Australia and New Zealand.

ANTA Sports Products

Market Cap: €222.8b

Engages in the research, design, development, manufacture, market, and sale of professional sports footwear, apparel, and accessories in China and internationally.

FRP Advisory Group

Market Cap: UK£260.9m

Provides business advisory services to companies, lenders, investors, individuals, and other stakeholders in the United Kingdom.

Accenture

Market Cap: €122.6b

Provides strategy and consulting, industry X, song, and technology and operation services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.