Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

MCNEX

Market Cap: ₩381.5b

Manufactures and sells camera modules in South Korea and internationally.

Innocean Worldwide

Market Cap: ₩784.0b

Provides marketing and communications services in the Americas, Europe, Asia, Oceania, the Middle East, and internationally.

Cheil Worldwide

Market Cap: ₩2.0t

Provides various marketing and advertising solutions worldwide.

JVM

Market Cap: ₩287.4b

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

F&F

Market Cap: ₩2.9t

Manufactures and sells apparel and accessories in South Korea.

Slide Insurance Holdings

Market Cap: US$2.1b

Provides property and casualty insurance services in the United States.

Euroseas

Market Cap: US$497.9m

Provides ocean-going transportation services worldwide.

Barco

Market Cap: €774.8m

Develops visualization solutions, and collaboration and networking technologies for the entertainment, enterprise, and healthcare markets in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Arcos Dorados Holdings

Market Cap: €1.8b

Operates as a franchisee of McDonald’s restaurants.

Acrow

Market Cap: €269.5m

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

Forward Air

Market Cap: €673.1m

Operates as an asset-light freight and logistics company in the United States, Mexico, Europe, Asia, and Canada.

Compagnie de Saint-Gobain

Market Cap: €36.6b

Designs, manufactures, and distributes materials and solutions for the construction and industrial markets worldwide.

Huron Consulting Group

Market Cap: US$2.0b

Provides global professional services in the United States and internationally.

CENIT

Market Cap: €55.1m

Provides software solutions and associated software consulting and integration services.

Grupa Pracuj

Market Cap: €3.1b

Operates HR technology platform in Poland, Ukraine, and Germany.

Travel + Leisure

Market Cap: €4.0b

Provides hospitality services and travel products in the United States and internationally.

High Tide

Market Cap: US$292.7m

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

XP

Market Cap: US$9.9b

Engages in the provision of financial products and services in Brazil.

Valmet Oyj

Market Cap: €4.1b

Develops and supplies process technologies, automation, and services for the pulp, paper, and energy industries in North America, Latin America, EMEA, China, and Asia-Pacific.

China Life Insurance

Market Cap: US$1.1t

Operates as a life insurance company in the People’s Republic of China.

American Integrity Insurance Group

Market Cap: €379.1m

Operates as an insurance company in the United States.

SergeFerrari Group

Market Cap: €74.5m

Designs, develops, manufactures, and markets composite materials for lightweight architectural and outdoor applications in France and internationally.

Bridgewater Bancshares

Market Cap: US$511.4m

Operates as the bank holding company for Bridgewater Bank that provides banking products and services in the United States.

Calfrac Well Services

Market Cap: US$543.3m

Provides specialized oilfield services in Canada, the United States, and Argentina.

Perrigo

Market Cap: €1.6b

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

Forbo Holding

Market Cap: CHF 1.0b

Engages in the production and sell of floor coverings, building and construction adhesives, and belt for power transmission and conveyor technology worldwide.

Scotts Miracle-Gro

Market Cap: €3.6b

Engages in the manufacture, marketing, and sale of products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally.

CEWE Stiftung KGaA

Market Cap: €627.2m

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

Yuexiu Transport Infrastructure

Market Cap: €6.6b

Invests in, constructs, develops, operates, and manages expressways and bridges in the People’s Republic of China.

Stanmore Resources

Market Cap: €2.1b

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

BRP

Market Cap: CA$5.6b

Designs, develops, manufactures, and sells powersports vehicles and marine products in the United States, Canada, Europe, Asia Pacific, Latin America, and internationally.

Wesdome Gold Mines

Market Cap: €3.5b

Wesdome Gold Mines Ltd. mines, develops, and explores for gold and silver deposits in Canada.

Mears Group

Market Cap: €340.3m

Provides various outsourced services to the public and private sectors in the United Kingdom.

Arnoldo Mondadori Editore

Market Cap: €533.0m

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

TravelSky Technology

Market Cap: US$28.8b

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