Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Andean Precious Metals

Market Cap: €849.5m

Engages in the acquisition, exploration, development, and processing of mineral resource properties in the United States.

Leidos Holdings

Market Cap: €12.8b

Provides services and solutions for government and commercial customers in the United States and internationally.

Indivior Pharmaceuticals

Market Cap: €5.1b

Engages in the development, manufacture, and sale of buprenorphine-based prescription drugs for the treatment of opioid dependence and related disorders in the United States, Europe, Canada, Australia, and internationally.

Universal Health Services

Market Cap: US$8.8b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities in the United States.

Rithm Capital

Market Cap: US$5.2b

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

Alibaba Group Holding

Market Cap: US$216.6b

Through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses in the People's Republic of China and internationally.

Northern Oil and Gas

Market Cap: €2.0b

An independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States.

Sumitomo

Market Cap: US$1.8t

Engages in the general trading business.

Angel Studios

Market Cap: €598.4m

Operates as a media and technology company.

Kinross Gold

Market Cap: CA$41.1b

Engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania.

ANTA Sports Products

Market Cap: €192.3b

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

Western Union

Market Cap: US$2.4b

Provides money movement payments, and digital financial services in the United States and internationally.

China Life Insurance

Market Cap: €1.0t

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

Bayerische Motoren Werke

Market Cap: €35.8b

Develops, manufactures, and sells automobiles and motorcycles, spare parts, and accessories worldwide.

Adairs

Market Cap: AU$246.5m

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

Jiangsu Changshu Rural Commercial Bank

Market Cap: CN¥21.6b

Jiangsu Changshu Rural Commercial Bank Co., Ltd.

Aurelia Metals

Market Cap: AU$465.7m

Engages in the exploration and production of mineral properties in Australia.

Acrow

Market Cap: AU$308.6m

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

Xtep International Holdings

Market Cap: HK$10.5b

Designs, develops, manufactures, markets, and sells footwear, apparel, and accessories for adults and children in Mainland China.

Sudarshan Chemical Industries

Market Cap: ₹70.2b

Manufactures and sells organic, inorganic, effect pigments, and dispersions in India and internationally.

Capacit'e Infraprojects

Market Cap: ₹22.3b

Engages in the engineering, procurement, and construction business in India.

Anhui Conch Cement

Market Cap: CN¥87.3b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

Lao Feng Xiang

Market Cap: CN¥14.4b

Operates in the jewelry industry in the People's Republic of China and internationally.

Indorama Ventures

Market Cap: ฿118.5b

Manufactures and distributes petrochemical products in Thailand, the United States, Brazil, and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥19.1b

Operates in the cement technology equipment and engineering services industry in China and internationally.

Stanmore Resources

Market Cap: AU$2.2b

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

COSCO SHIPPING Ports

Market Cap: HK$18.0b

An investment holding company, manages and operates ports and terminals in Mainland China, Hong Kong, Europe, and internationally.

Industrial Bank

Market Cap: CN¥354.9b

Provides banking products and services in the People’s Republic of China.

WEILONG Delicious Global Holdings

Market Cap: HK$17.1b

Engages in the production and sale of spicy snack food in China and internationally.

Assetwise

Market Cap: ฿6.1b

Engages in property development and other real estate activities in Thailand.

Emaar Properties PJSC

Market Cap: د.إ107.8b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

Viva Wine Group

Market Cap: SEK 2.5b

Develops, markets, imports, and sells wines.

Gecina

Market Cap: €5.5b

A leading operator that fully integrates all real estate expertise, owning, managing, and developing a unique prime portfolio valued at 17.6bn euros as at December 31, 2025.

Zhejiang China Commodities City Group

Market Cap: CN¥53.5b

Through its subsidiaries, develops, manages, and operates an online trading platform service in China.

Baoshan Iron & Steel

Market Cap: CN¥115.2b

Manufactures and sells steel products in China and internationally.