Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

China Foods

Market Cap: HK$7.8b

An investment holding company, manufactures, distributes, markets, and sells Coca-Cola series products in the People’s Republic of China.

CVS Health

Market Cap: US$79.8b

Provides health solutions in the United States.

Iochpe-Maxion

Market Cap: R$1.9b

Produces and sells automotive wheels and structural components for commercial and light vehicles in North America, South America, Europe, Asia, and internationally.

Gap

Market Cap: US$8.2b

Operates as an apparel retail company.

Alibaba Group Holding

Market Cap: US$271.0b

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

Aalberts

Market Cap: €3.4b

Offers mission-critical technologies for building, industry, and semicon markets in Europe, the United States, the Asia Pacific, the Middle East, and Africa.

Vallourec

Market Cap: €3.6b

Through its subsidiaries, provides tubular solutions for the oil and gas, industry, and new energies markets in Europe, North America, South America, Asia, the Middle East, and internationally.

Austevoll Seafood

Market Cap: NOK 19.3b

A seafood company, produces and sells salmon and trout, whitefish, and pelagic in Norway, the European Union, the United Kingdom, Eastern Europe, Africa, North America, Asia, and South America.

Renew Holdings

Market Cap: €653.0m

Provides engineering services in the United Kingdom.

PORR

Market Cap: €1.1b

Operates as a construction company in Austria, Germany, Poland, the Czech Republic, Italy, Romania, Switzerland, Serbia, Great Britain, Slovakia, Norway, Belgium, and internationally.

Taylor Morrison Home

Market Cap: €5.7b

Operates as a land developer and homebuilder in the United States.

Huhtamäki Oyj

Market Cap: €3.4b

Provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally.

KBR

Market Cap: US$6.9b

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

MGM Resorts International

Market Cap: US$8.7b

Through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally.

Rithm Capital

Market Cap: US$6.0b

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

ANTA Sports Products

Market Cap: €271.9b

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

Tsingtao Brewery

Market Cap: €92.3b

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

BWG

Market Cap: NOK 17.1b

An investment holding company, engages in ship owning and chartering activities worldwide.

Axalta Coating Systems

Market Cap: US$6.7b

Through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Grupo Bimbo. de

Market Cap: US$224.9b

Produces, distributes, and sells various bakery products.

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.5b

Produces and sells seasoning products in China and internationally.

Beijing New Building Materials

Market Cap: CN¥47.6b

Manufactures and sells building materials in China and internationally.

Proya CosmeticsLtd

Market Cap: CN¥33.5b

A beauty and personal care company, researches, develops, produces, and sells cosmetics in China.

Loomis

Market Cap: SEK 25.7b

Provides secure payment solutions in the United States, France, Switzerland, Spain, the United Kingdom, Sweden, and internationally.

Ganyuan Foods

Market Cap: CN¥5.8b

Engages in the research and development, production, and sale of snack foods in China.

ShenZhen YUTO Packaging Technology

Market Cap: CN¥22.1b

ShenZhen YUTO Packaging Technology Co., Ltd.

Shandong Yisheng Livestock & Poultry Breeding

Market Cap: CN¥9.0b

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd.

Summerset Group Holdings

Market Cap: AU$2.7b

Develops, owns, and operates integrated retirement villages in New Zealand and Australia.

Chengdu Hongqi ChainLtd

Market Cap: CN¥7.4b

Operates a chain of convenience supermarkets in China.

Tsingtao Brewery

Market Cap: HK$92.3b

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

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥12.3b

Researches, develops, manufactures, and sells minimally invasive medical devices to hospitals and clinics worldwide.

Ningbo Deye Technology Group

Market Cap: CN¥53.8b

Engages in the production and sales of heat exchangers, inverters, and dehumidifiers in China, the United Kingdom, the United States, Germany, India, and internationally.

Otsuka Holdings

Market Cap: JP¥3.6t

Engages in the pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide.

Vietnam International Commercial Bank

Market Cap: ₫53.2t

Provides banking products and services to organizations and individuals.

Aeon (M) Bhd

Market Cap: RM 2.0b

Operates and manages a retail chain of departmental stores and supermarkets in Malaysia.