Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Dell Technologies

Market Cap: US$80.2b

Designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally.

Inspur Digital Enterprise Technology

Market Cap: HK$5.4b

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 Mengniu Dairy

Market Cap: HK$68.5b

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

Hoa Phat Group

Market Cap: ₫205.7t

Produces and sells steel products in Vietnam.

KBR

Market Cap: US$5.5b

Provides scientific, technology, and engineering solutions to governments and commercial customers worldwide.

Capgemini

Market Cap: €19.4b

Provides consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

GEO Group

Market Cap: €2.2b

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.

McBride

Market Cap: €280.1m

Manufactures and sells private label household and personal care products to retailers and brand owners in the United Kingdom, Germany, France, Italy, Spain, rest of Europe, the Asia-Pacific, and internationally.

ANTA Sports Products

Market Cap: €225.3b

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

Hikma Pharmaceuticals

Market Cap: €3.4b

Develops, manufactures, markets, and sells a range of generic, branded, and in-licensed pharmaceutical products.

NetEase

Market Cap: US$596.5b

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

Cardlytics

Market Cap: US$49.0m

Operates an advertising platform in the United States and the United Kingdom.

Rithm Capital

Market Cap: US$6.0b

Operates as an asset manager focused on real estate, credit, and financial services in the United States.

Pepper Money

Market Cap: €782.3m

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

Genpact

Market Cap: €6.9b

Provides business process outsourcing and information technology services in India, rest of Asia, North and Latin America, and Europe.

Grand Pharmaceutical Group

Market Cap: HK$27.6b

An investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical preparations and medical devices, biotechnology and healthcare products, and pharmaceutical raw materials.

Bank BTPN Syariah

Market Cap: Rp9.6t

Provides various banking products and services in Indonesia.

Cheil Worldwide

Market Cap: ₩2.1t

Provides various marketing and advertising solutions worldwide.

Sanwa Holdings

Market Cap: JP¥793.6b

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

Anhui Expressway

Market Cap: CN¥23.0b

Engages in the construction, operation, management, and development of the toll roads and associated service sections in the People's Republic of China.

JVM

Market Cap: ₩289.1b

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

Converge Information and Communications Technology Solutions

Market Cap: ₱97.8b

Converge Information and Communications Technology Solutions, Inc.

F&F

Market Cap: ₩2.7t

Manufactures and sells apparel and accessories in South Korea.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥32.9b

Manufactures and sells power distribution in China and internationally.

DUG Technology

Market Cap: AU$218.0m

A technology company, provides hardware and software solutions for the technology and resource sectors in Australia, the United States, the United Kingdom, Malaysia, and the United Arab Emirates.

NetEase Cloud Music

Market Cap: HK$37.1b

An investment holding company, engages in the operation of online platforms to provide music and social entertainment services in the People’s Republic of China.

Ping An Bank

Market Cap: CN¥214.4b

Provides commercial banking products and services for individual and corporate customers, government agencies, institutions, and other small businesses in China and internationally.

Sasseur Real Estate Investment Trust

Market Cap: S$866.4m

Invests in a portfolio of real estate and related assets.

REC

Market Cap: ₹980.9b

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

Hansen Technologies

Market Cap: AU$910.9m

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

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥15.8b

Operates as contract development and manufacturing organization (CDMO) company in China and internationally.

Cheerwin Group

Market Cap: HK$3.1b

An investment holding company, manufactures and trades household insecticides and repellents, household cleaning, air care, personal care, pet stores and pet products, and other products in the People’s Republic of China.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥10.2b

Provides chemical supply chain solutions worldwide.

Nido Education

Market Cap: AU$110.3m

Owns, operates, and manages long day early childhood education and care centres under the Nido Early School brand in Australia.

Tsingtao Brewery

Market Cap: CN¥75.4b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.