Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

KBR

Market Cap: US$5.6b

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

On the Beach Group

Market Cap: €311.5m

Operates as an online retailer of short haul beach holidays under the On the Beach brand name in the United Kingdom.

GEO Group

Market Cap: €2.3b

The GEO Group, Inc. (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom.

Vallourec

Market Cap: €3.8b

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.

McBride

Market Cap: €219.2m

Manufactures and sells private label household and personal care products to retailers and brand owners in the United Kingdom, Germany, France, Italy, Spain, rest of Europe, the Asia-Pacific, and internationally.

Comcast

Market Cap: €99.5b

Operates as a media and technology company worldwide.

BYD Electronic (International)

Market Cap: US$78.4b

An investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People’s Republic of China and internationally.

CVS Health

Market Cap: US$96.0b

Provides health solutions in the United States.

Halozyme Therapeutics

Market Cap: US$7.4b

A biopharmaceutical company, researches, develops, and commercializes of proprietary enzymes and devices in the United States and internationally.

Rithm Capital

Market Cap: US$6.3b

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

Apeloa PharmaceuticalLtd

Market Cap: CN¥18.5b

Provides raw materials and intermediates to various pharmaceutical factories in the People’s Republic of China and internationally.

HD Hyundai Construction Equipment

Market Cap: ₩1.6t

HD Hyundai Construction Equipment Co.,Ltd.

Security Bank

Market Cap: ₱50.9b

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

F&F

Market Cap: ₩2.7t

Manufactures and sells sewn wearing apparels in South Korea.

Emaar Properties PJSC

Market Cap: د.إ124.2b

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

Shenzhen Transsion Holdings

Market Cap: CN¥77.6b

Provides smart devices and mobile services in Africa, South and Southeast Asia, the Middle East, Latin America, and internationally.

Sanwa Holdings

Market Cap: JP¥844.3b

Through its subsidiaries, manufactures and sells construction materials for commercial and residential buildings in Japan, North America, Europe, and Asia.

Chambal Fertilisers and Chemicals

Market Cap: ₹173.0b

Produces and sells fertilizers primarily in India.

China Overseas Property Holdings

Market Cap: HK$16.1b

An investment holding company, provides property management services in Hong Kong, Macau, and Mainland China.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥32.1b

Manufactures and sells power distribution in China and internationally.

Guangdong Mingyang ElectricLtd

Market Cap: CN¥13.6b

Engages in the research, development, production, and sale of high/low voltage switchgear, transformer, and power transmission and distribution equipment in China.

IRB Infrastructure Developers

Market Cap: ₹258.5b

Engages in the infrastructure development business in India.

Longfor Group Holdings

Market Cap: HK$70.7b

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.

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.

Anker Innovations

Market Cap: CN¥59.6b

Develops and sells mobile charging products.

Inspur Digital Enterprise Technology

Market Cap: HK$8.2b

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.

Haidilao International Holding

Market Cap: HK$76.1b

An investment holding company, engages in the restaurant operation and delivery businesses in Mainland China, Hong Kong, Macau, and Taiwan.

Hoa Phat Group

Market Cap: ₫207.2t

Produces and sells steel products in Vietnam.

Acrow

Market Cap: AU$326.2m

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

China Railway Group

Market Cap: CN¥127.8b

Operates as a multi-functional integrated construction company in Mainland China and internationally.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥14.9b

Engages in the research, development, manufacturing, and sale of invasive medical devices in China and internationally.

GWA Group

Market Cap: AU$650.4m

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

NetEase Cloud Music

Market Cap: HK$41.1b

An investment holding company, engages in the operation of online platforms to provide music and social entertainment services in the People’s Republic of China.

China Resources Land

Market Cap: HK$211.5b

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

GWA Group

Market Cap: AU$650.4m

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