Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

q.beyond

Market Cap: €100.9m

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

GFT Technologies

Market Cap: €546.6m

Provides digital transformation services.

América Móvil. de

Market Cap: Mex$1.1t

Provides telecommunications services in Latin America and internationally.

Indofood Sukses Makmur

Market Cap: €59.7t

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

Euroseas

Market Cap: US$400.6m

Provides ocean-going transportation services worldwide.

Premier Foods

Market Cap: UK£1.6b

Manufactures, distributes, and sells branded and own label food products in the United Kingdom, other European countries, and internationally.

CEWE Stiftung KGaA

Market Cap: €685.8m

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

Herc Holdings

Market Cap: US$4.8b

Operates as an equipment rental supplier in the United States and internationally.

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.

ACI Worldwide

Market Cap: US$4.5b

Develops, markets, installs, and supports software products and services for facilitating electronic payments in the United States and internationally.

Merck KGaA

Market Cap: US$54.6b

Operates as a science and technology company in Germany and internationally.

Carnival Corporation &

Market Cap: €41.4b

A cruise company, provides leisure travel services in North America, Australia, Europe, and internationally.

Slide Insurance Holdings

Market Cap: US$2.1b

Engages in underwriting single family and condominium policies in the property and casualty industry in the United States.

Asahi Group Holdings

Market Cap: €2.4t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Ernst Russ

Market Cap: €247.3m

A publicly owned investment manager.

Prosegur Cash

Market Cap: €939.1m

Provides integrated cash cycle management solutions and automating payments in retail establishments and ATM management for financial institutions, retail establishments, business, government agencies, central banks, mints, and jewellery stores in Europe, LATAM, and internationally.

MONY Group

Market Cap: UK£977.2m

Engages in the provision of price comparison and lead generation services through its websites and applications in the United Kingdom.

Blue Bird

Market Cap: US$1.6b

Designs, engineers, manufactures, and sells school buses in the United States, Canada, and internationally.

Quanex Building Products

Market Cap: US$860.0m

Manufactures and distributes components for original equipment manufacturers (OEM) in the building products industry in the United States, Europe, Canada, Asia, and internationally.

Torex Gold Resources

Market Cap: US$6.3b

Operates as an intermediate gold producer.

Brinker International

Market Cap: €6.9b

Owns, develops, operates, and franchises casual dining restaurants in the United States and internationally.

Flowco Holdings

Market Cap: US$1.9b

Through its subsidiaries, provides production optimization, artificial lift, and methane abatement solutions for the oil and natural gas industry in the United States.

Cheerwin Group

Market Cap: €3.2b

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.

Construtora Tenda

Market Cap: R$3.4b

Operates as a construction company in Brazil.

Semapa - Sociedade de Investimento e Gestão SGPS

Market Cap: €1.8b

Through its subsidiaries, produces and sells pulp, printing and writing papers, and tissues in Portugal, the rest of Europe, the United States, Africa, Asia, and Oceania.

High Tide

Market Cap: CA$267.0m

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

MINISO Group Holding

Market Cap: €5.6b

An investment holding company, engages in the retail and wholesale of design-led lifestyle and pop toy products in Mainland China, the rest of Asia, North and Latin America, Europe, and internationally.

Delta Air Lines

Market Cap: €42.7b

Provides scheduled air transportation for passengers and cargo in the United States and internationally.

American Integrity Insurance Group

Market Cap: €365.9m

Operates as an insurance company.

Intertek Group

Market Cap: US$6.9b

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

Global Dominion Access

Market Cap: €521.9m

Provides integral services for business process efficiency and sustainability worldwide.

Uber Technologies

Market Cap: €166.3b

Develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

Enovis

Market Cap: €1.3b

Operates as a medical technology company focus on developing clinically differentiated solutions in the United States and internationally.

LKQ

Market Cap: US$8.4b

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.

Cardlytics

Market Cap: US$52.4m

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