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.

CapitaLand Malaysia Trust

Market Cap: RM 2.1b

CapitaLand Malaysia Trust (CLMT) is a real estate investment trust (REIT) and was listed on the Main Market of Bursa Malaysia Securities Berhad on 16 July 2010.

Tenaga Nasional Berhad

Market Cap: RM 76.9b

Engages in the generation, transmission, distribution, and sale of electricity in Malaysia, the United Kingdom, Kuwait, the Republic of Ireland, Australia, and internationally.

China Mengniu Dairy

Market Cap: HK$59.3b

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

Aeon (M) Bhd

Market Cap: RM 1.8b

Operates and manages a retail chain of departmental stores and supermarkets in Malaysia.

Beijing New Building Materials

Market Cap: CN¥45.1b

Manufactures and sells building materials in China and internationally.

Housing and Development Bank- Egypt (S.A.E)

Market Cap: ج.م34.5b

Together with its, provides corporate and retail banking services in Egypt.

China Overseas Property Holdings

Market Cap: HK$17.5b

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

Trajan Group Holdings

Market Cap: AU$140.2m

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.

Eiffage

Market Cap: €10.3b

Engages in the construction and concessions industries in France, rest of Europe, and internationally.

Transcontinental

Market Cap: CA$1.7b

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

Tristel

Market Cap: UK£171.8m

Develops, manufactures, and sells infection prevention products in the United Kingdom, Australia, Germany, Western Europe, and internationally.

Stingray Group

Market Cap: €666.3m

Operates as a music, media, and technology company in Canada, the United States, and internationally.

Casta Diva Group

Market Cap: €11.8m

Operates as a communication company in Italy and internationally.

Regeneron Pharmaceuticals

Market Cap: €60.2b

Regeneron Pharmaceuticals, Inc. discovers, invents, develops, manufactures, and commercializes medicines for treating various diseases worldwide.

ACT Energy Technologies

Market Cap: CA$160.2m

Provides directional drilling services to oil and natural gas companies in Canada and the United States.

Cosmo Pharmaceuticals

Market Cap: CHF 1.0b

Focuses on the development and commercialization products for gastroenterology, dermatology, and healthtech worldwide.

Intrum

Market Cap: €6.5b

Provides payment solutions and credit and collection services in Europe and internationally.

Rainbow Tours

Market Cap: €2.1b

Operates as a tour operator in Poland, the Czech Republic, Greece, Spain, Turkey, Slovakia, Lithuania, and internationally.

Ag Growth International

Market Cap: CA$791.7m

Manufactures and distributes equipment for bulk agriculture commodities worldwide.

Origin Enterprises

Market Cap: €405.6m

Provides agronomy services company in Ireland, the United Kingdom, Brazil, Poland, Romania, Latin America, and internationally.

Anheuser-Busch InBev

Market Cap: €104.5b

Produces, distributes, exports, markets, and sells beer in North America, Middle Americas, South America, Europe, the Middle East, Africa, and the Asia Pacific.

GFT Technologies

Market Cap: €459.9m

Provides digital transformation services.

Sword Group

Market Cap: €333.1m

Provides IT and software solutions worldwide.

Grupo Mateus

Market Cap: R$16.4b

Operates a supermarket chain in Brazil.

Econocom Group

Market Cap: €298.7m

Designs and develops digital solutions for public and private companies in Belgium and internationally.

Valeura Energy

Market Cap: €854.1m

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

DEME Group

Market Cap: €3.3b

Provides marine solutions in the fields of offshore energy, dredging, marine infrastructure, and environmental works in Belgium, Europe, Africa, the United States, Asia, Oceania, and the Middle East.

CEWE Stiftung KGaA

Market Cap: €660.0m

Operates as a photo service and online printing provider in Germany and internationally.

Huhtamäki Oyj

Market Cap: €3.2b

Provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally.

Sangoma Technologies

Market Cap: US$285.5m

Develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications in the United States of America and internationally.

Luceco

Market Cap: €183.0m

Manufactures and distributes wiring accessories, LED lighting, and portable power products in the United Kingdom, the Americas, Europe, the Middle East, Africa, the Asia Pacific.

Perrigo

Market Cap: €3.3b

Provides over-the-counter health and wellness solutions in the United States, Europe, and internationally.

Maisons du Monde

Market Cap: €75.5m

Through its subsidiaries, provides home and living room related products in France and internationally.

CNH Industrial

Market Cap: €14.3b

An equipment and services company, engages in the design, production, marketing, sale, and financing of agricultural and construction equipment in North America, Europe, the Middle East, Africa, South America, and the Asia Pacific.