Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Acrow

Market Cap: AU$266.4m

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

China Resources Land

Market Cap: HK$209.5b

An investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China.

Fosun International

Market Cap: HK$31.0b

Operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally.

China Mengniu Dairy

Market Cap: HK$62.9b

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

GWA Group

Market Cap: AU$576.6m

Research, designs, manufactures, imports, and markets building fixtures and fittings to residential and commercial premises in Australia, New Zealand, the United Kingdom, and internationally.

Lucky Harvest

Market Cap: CN¥8.0b

Engages in the research, development, production, and sale of precision stamping dies and structural metal parts in China.

Monash IVF Group

Market Cap: AU$243.5m

Engages in the provision of assisted reproductive and specialist women imaging services in Australia and Malaysia.

Adairs

Market Cap: AU$224.3m

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

Beijing New Building Materials

Market Cap: CN¥43.3b

Manufactures and sells building materials in China and internationally.

Industrial Bank

Market Cap: CN¥397.7b

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

GPT Group

Market Cap: AU$8.7b

GPT is one of Australia’s leading property groups, with assets under management of $34.1 billion across a portfolio of high quality retail, office and logistics assets.

Xtep International Holdings

Market Cap: HK$13.7b

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

F&F

Market Cap: ₩2.4t

Manufactures and sells apparel and accessories in South Korea.

Morimatsu International Holdings

Market Cap: HK$9.7b

Designs, manufactures, installs, operates, and maintains core equipment, process systems, and solutions primarily for chemical reactions, biological reactions, and polymerization.

IndiQube Spaces

Market Cap: ₹31.4b

Provides workplace solutions and value-added services in India.

Innocean Worldwide

Market Cap: ₩782.8b

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

GWA Group

Market Cap: AU$576.6m

Research, designs, manufactures, imports, and markets building fixtures and fittings to residential and commercial premises in Australia, New Zealand, the United Kingdom, and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥26.7b

Engages in the engineering, equipment manufacture and supply, and other businesses in China and internationally.

MCNEX

Market Cap: ₩385.4b

Manufactures and sells camera modules in South Korea and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥26.7b

Engages in the engineering, equipment manufacture and supply, and other businesses in China and internationally.

Trajan Group Holdings

Market Cap: AU$67.9m

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.

Inspur Digital Enterprise Technology

Market Cap: HK$3.8b

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.

Ricegrowers

Market Cap: AU$868.2m

Operates as a rice food company in Australia, New Zealand, the Pacific Islands, Europe, the Middle East, Africa, Asia, and North America.

Xiamen C&D

Market Cap: CN¥26.4b

Engages in the supply chain and real estate development businesses in China and internationally.

Longfor Group Holdings

Market Cap: HK$60.5b

An investment holding company, engages in the property development, commercial investment, asset management, property management, and smart construction businesses in the People’s Republic of China.

China Hongqiao Group

Market Cap: HK$344.3b

An investment holding company, manufactures and sells aluminum products.

Indegene

Market Cap: ₹105.8b

Operates as a digital-first life sciences commercialization company in India, the United States, Europe, and internationally.

Vikram Solar

Market Cap: ₹69.8b

Manufactures and sells solar photovoltaic modules/systems in India and internationally.

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥5.2b

Produces and sells solid content, water-based solvent free, and special function coating products in China.

Metcash

Market Cap: AU$3.2b

Operates as a wholesale distribution and marketing company in Australia.

ISOTeam

Market Cap: S$64.5m

Operates in the building maintenance and estate upgrading industry in Singapore.

LHN

Market Cap: S$254.3m

An investment holding company, engages in space optimization, property development, facilities management services, and energy businesses in Singapore, Hong Kong, Myanmar, Indonesia, and Cambodia.

CapitaLand Malaysia Trust

Market Cap: RM 2.1b

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

Security Bank

Market Cap: ₱51.5b

Provides banking and financial products and services to wholesale and retail clients in the Philippines.

Rohto PharmaceuticalLtd

Market Cap: JP¥533.6b

Manufactures and markets pharmaceutical products, cosmetics, and functional foods worldwide.