Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Arnoldo Mondadori Editore

Market Cap: €542.1m

Engages in publishing of books and magazines in Italy, rest of Europe, and the United States.

Tongcheng Travel Holdings

Market Cap: €40.7b

An investment holding company, provides travel related services in the People’s Republic of China.

Barco

Market Cap: €767.1m

Develops visualization solutions, and collaboration and networking technologies for the entertainment, enterprise, and healthcare markets in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Luckin Coffee

Market Cap: US$10.2b

Offers retail services of freshly brewed drinks, and pre-made food and beverage items in the People's Republic of China.

Mears Group

Market Cap: €333.4m

Provides various outsourced services to the public and private sectors in the United Kingdom.

ACI Worldwide

Market Cap: US$4.4b

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

High Tide

Market Cap: US$297.1m

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

Prudential

Market Cap: UK£28.0b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.

Orion Group Holdings

Market Cap: US$484.5m

Operates as a specialty construction company for the infrastructure, industrial, and building sectors in the United States, Canada, and the Caribbean Basin.

Asahi Group Holdings

Market Cap: €2.2t

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

PTC

Market Cap: US$16.3b

Operates as software company in the Americas, Europe, and the Asia Pacific.

Angel Oak Mortgage REIT

Market Cap: US$226.7m

A real estate finance company, focuses on acquiring and investing in first lien nonqualified mortgage loans and other mortgage-related assets in the United States mortgage market.

Slide Insurance Holdings

Market Cap: US$2.3b

Provides property and casualty insurance services in the United States.

Lithia Motors

Market Cap: €6.4b

Operates as an automotive retailer in the United States, the United Kingdom, and Canada.

Silgan Holdings

Market Cap: US$4.1b

Manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally.

Asbury Automotive Group

Market Cap: US$3.9b

Operates as an automotive retailer in the United States.

JOYY

Market Cap: US$2.9b

Engages in the provision of social product matrix and communication technology.

China Hongqiao Group

Market Cap: €347.7b

An investment holding company, manufactures and sells aluminum products.

Corebridge Financial

Market Cap: €12.7b

Provides retirement solutions and insurance products in the United States.

Geely Automobile Holdings

Market Cap: US$241.7b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

A. O. Smith

Market Cap: €8.9b

Manufactures and markets residential and commercial gas and electric water heaters, boilers, heat pumps, tanks, and water treatment products in North America, China, Europe, and India.

Imperial Brands

Market Cap: UK£21.2b

Manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, the Asia, Australasia, and internationally.

LKQ

Market Cap: US$8.1b

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.

ABM Industries

Market Cap: US$2.4b

Through its subsidiaries, engages in the provision of facility maintenance, engineering and infrastructure solutions in the United States and internationally.

Pollard Banknote

Market Cap: €494.8m

Engages in the manufacture and sale of lottery and charitable gaming products and solutions in the United States, Canada, and internationally.

Andean Precious Metals

Market Cap: €1.0b

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

Bidvest Group

Market Cap: €78.5b

An investment holding company, engages in services, trading, and distribution businesses in South Africa and internationally.

BRP

Market Cap: CA$5.7b

Designs, develops, manufactures, and sells powersports vehicles and marine products in the United States, Canada, Europe, Asia Pacific, Latin America, and internationally.

Torex Gold Resources

Market Cap: US$5.7b

A mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Mexico and the United States.

TravelSky Technology

Market Cap: US$28.3b

Provides information technology (IT) solutions for the aviation and travel industries in the People’s Republic of China.

Red Rock Resorts

Market Cap: US$5.4b

Through its interest in Station Casinos LLC, develops and manages casino and entertainment properties in the United States.

Mears Group

Market Cap: UK£333.4m

Provides various outsourced services to the public and private sectors in the United Kingdom.

High Tide

Market Cap: CA$297.1m

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

Grupa Pracuj

Market Cap: €3.1b

Operates HR technology platform in Poland, Ukraine, and Germany.

Compagnie de Saint-Gobain

Market Cap: €37.7b

Designs, manufactures, and distributes materials and solutions for the construction and industrial markets worldwide.