Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Sabio Holdings

Market Cap: CA$18.9m

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.

BYD Electronic (International)

Market Cap: US$74.0b

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.

Science Applications International

Market Cap: €4.4b

Provides technical, engineering, and enterprise information technology (IT) services in the United States.

Pepper Money

Market Cap: €809.0m

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

q.beyond

Market Cap: €102.2m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

Arnoldo Mondadori Editore

Market Cap: €542.5m

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

GEO Group

Market Cap: €2.1b

The GEO Group, Inc. (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom.

NetEase

Market Cap: US$607.9b

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

SILICON2

Market Cap: ₩2.6t

Engages in the distribution of cosmetics products worldwide.

Adairs

Market Cap: AU$329.0m

Operates as a specialty retailer of home furnishings, furniture, and decoration products in Australia and New Zealand.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥232.3b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Bear Electric ApplianceLtd

Market Cap: CN¥6.9b

Engages in the research and development, design, production, and sale of small household appliances under Bear brand name in China and internationally.

China Railway Group

Market Cap: CN¥130.4b

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

Anker Innovations

Market Cap: CN¥55.9b

Operates as a smart hardware technology company in China and internationally.

Horizon Construction Development

Market Cap: HK$3.2b

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

IRB Infrastructure Developers

Market Cap: ₹255.2b

Engages in the infrastructure development business in India.

Hoa Phat Group

Market Cap: ₫211.5t

Produces and sells steel products in Vietnam.

Geely Automobile Holdings

Market Cap: CN¥174.9b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

Inspur Digital Enterprise Technology

Market Cap: HK$5.6b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

China Conch Venture Holdings

Market Cap: HK$19.2b

An investment holding company, provides various package solutions for energy conservation and environmental protection in Mainland China and the Asia-Pacific.

China Tower

Market Cap: HK$192.1b

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

Indofood Sukses Makmur

Market Cap: Rp61.5t

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

Lucky Harvest

Market Cap: CN¥9.1b

Engages in the research, development, production, and sale of precision stamping dies and structural metal parts in China.

REC

Market Cap: ₹1.0t

Engages in the provision of financing services for power generation, transmission, and distribution projects in India.

Cheil Worldwide

Market Cap: ₩2.1t

Provides various marketing and advertising solutions worldwide.

F&F

Market Cap: ₩2.8t

Manufactures and sells apparel and accessories in South Korea.

Hansen Technologies

Market Cap: AU$966.0m

Engages in the development, integration, and support of billing and customer information systems.

JVM

Market Cap: ₩293.1b

Develops and sells automation systems and software of dispensing, packaging, and medication management for hospitals and pharmacies worldwide.

Sanwa Holdings

Market Cap: JP¥774.8b

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

Converge Information and Communications Technology Solutions

Market Cap: ₱104.3b

Converge Information and Communications Technology Solutions, Inc.

Guangdong Mingyang ElectricLtd

Market Cap: CN¥13.8b

Engages in the research, development, production, and sale of high/low voltage switchgear, transformer, and power transmission and distribution equipment in China.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥15.1b

Engages in the research, development, manufacturing, and sale of invasive medical devices in China and internationally.

Bethel Automotive Safety Systems

Market Cap: CN¥30.2b

Develops, manufactures, and sells automotive chassis systems and advanced driving systems in China.

Chongqing Baiya Sanitary Products

Market Cap: CN¥9.7b

Chongqing Baiya Sanitary Products Co., Ltd.

Guangdong Haid Group

Market Cap: CN¥90.2b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.