Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Carrefour

Market Cap: €12.6b

Engages in the operation of stores that offer food and non-food products in various formats and channels in France, Spain, Italy, Belgium, Poland, Romania, Brazil, and Argentina, as well as in the Middle East, Africa, and Asia.

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.

Five9

Market Cap: €2.3b

Provides intelligent cloud software for contact centers in the United States and internationally.

Timken

Market Cap: €5.3b

Designs, manufactures, and sells engineered bearings and industrial motion products, and related services in the United States and internationally.

Reynolds Consumer Products

Market Cap: €5.0b

Produces and sells products in cooking, waste and storage, and tableware product categories in the United States and internationally.

Arnoldo Mondadori Editore

Market Cap: €554.2m

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

PENN Entertainment

Market Cap: €2.6b

Provides integrated entertainment, sports content, and casino gaming experiences.

Nilfisk Holding

Market Cap: €2.6b

Develops, manufactures, and sells cleaning solutions and services worldwide.

Aica Kogyo Company

Market Cap: €212.2b

Develops, produces, and sells chemical products, and laminates and building materials in Japan and internationally.

Bausch + Lomb

Market Cap: €5.5b

Operates as an eye health company in the United States, Puerto Rico, China, France, Japan, Germany, the United Kingdom, Canada, Russia, Spain, Italy, Mexico, Poland, and internationally.

Centerra Gold

Market Cap: €1.9b

Engages in the acquisition, exploration, development, and operation of gold and copper properties in North America, Turkey, and internationally.

Transcontinental

Market Cap: €1.6b

Engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, and internationally.

Vanquis Banking Group

Market Cap: UK£149.4m

Engages in the provision of personal credit products to the non-standard lending market in the United Kingdom and the Republic of Ireland.

q.beyond

Market Cap: €95.4m

Engages in the cloud, SAP, Microsoft, data intelligence, security, and software development business in Germany and internationally.

Vanquis Banking Group

Market Cap: €149.4m

Engages in the provision of personal credit products to the non-standard lending market in the United Kingdom and the Republic of Ireland.

Ecora Resources

Market Cap: €158.5m

Operates as a natural resource royalty and streaming company in Australia, North and South America, Europe, and internationally.

Bidvest Group

Market Cap: €83.5b

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

OceanaGold

Market Cap: €3.1b

A gold and copper producer, engages in exploration, development, and operation of mineral properties in the United States, the Philippines, and New Zealand.

First Mid Bancshares

Market Cap: US$852.6m

A financial holding company, provides community banking products and services to commercial, retail, and agricultural customers in the United States.

MONY Group

Market Cap: UK£1.1b

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

Crocs

Market Cap: €6.0b

Designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under the Crocs and HEYDUDE Brands in the United States and internationally.

Casta Diva Group

Market Cap: €23.1m

Operates as a communication company in Italy and internationally.

L.D.C

Market Cap: €2.4b

Produces and sells poultry and processed products in France and internationally.

Indivior

Market Cap: €945.5m

Engages in the development, manufacture, and sale of buprenorphine-based prescription drugs for the treatment of opioid dependence and co-occurring disorders in the United States, the United Kingdom, and internationally.

DCC

Market Cap: €5.2b

Engages in the sales, marketing, and distribution of carbon energy solutions worldwide.

China Everbright Environment Group

Market Cap: €21.8b

An investment holding company, provides environmental solutions worldwide.

Travel + Leisure

Market Cap: €3.2b

Provides hospitality services and travel products in the United States and internationally.

GFT Technologies

Market Cap: €591.0m

Provides digital transformation services.

Open Text

Market Cap: €6.8b

Engages in the provision of information management products and services.

Fortrea Holdings

Market Cap: €835.3m

A contract research organization, provides biopharmaceutical product and medical device development solutions to pharmaceutical, biotechnology, and medical device customers worldwide.

Bosideng International Holdings

Market Cap: €46.0b

Engages in the apparel business in the People’s Republic of China.

ProCredit Holding

Market Cap: €576.0m

Provides commercial banking services for small and medium enterprises and private customers in Europe, South America, and Germany.

Ultimate Products

Market Cap: €64.4m

Supplies branded household products in the United Kingdom, Germany, Rest of Europe, and internationally.

Fortune Brands Innovations

Market Cap: US$7.8b

Engages in the provision of home and security products for residential home repair, remodeling, new construction, and security applications in the United States and internationally.

Card Factory

Market Cap: UK£292.7m

Operates as a specialist retailer of cards, gifts, and celebration essentials in the United Kingdom and internationally.