Global Potentially Undervalued Companies

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.

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Asahi Group Holdings

Market Cap: €2.9t

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

China Tower

Market Cap: €198.6b

Provides telecommunication tower infrastructure services in the People's Republic of China.

FNM

Market Cap: €174.8m

Engages in the railway mobility business in Italy.

Bosideng International Holdings

Market Cap: US$52.2b

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

Tongcheng Travel Holdings

Market Cap: €46.0b

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

Pearson

Market Cap: €7.0b

Provides educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally.

PLDT

Market Cap: US$272.2b

Provides telecommunications and digital services in the Philippines.

CEWE Stiftung KGaA

Market Cap: €679.7m

Operates as a photo service and online printing provider in Germany and internationally.

Diebold Nixdorf

Market Cap: US$2.2b

Engages in the automating, digitizing, and transforming the way people bank and shop worldwide.

Bank Mandiri (Persero)

Market Cap: €442.4t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Hong Kong, Timor Leste, Shanghai, Malaysia, England, and the Cayman Islands.

Regeneron Pharmaceuticals

Market Cap: €57.8b

Regeneron Pharmaceuticals, Inc. discovers, invents, develops, manufactures, and commercializes medicines for treating various diseases worldwide.

Ribbon Communications

Market Cap: US$739.7m

Provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally.

DOF Group

Market Cap: €22.3b

Owns and operates a fleet of offshore and subsea vessels.

Merck KGaA

Market Cap: US$48.2b

Operates as a science and technology company in Germany.

H.I.S

Market Cap: €100.1b

Provides travel agency services worldwide.

Quest Resource Holding

Market Cap: €45.9m

Provides solutions for the reuse, recycling, and disposal of various waste streams and recyclables in the United States.

Huron Consulting Group

Market Cap: US$2.2b

Provides consultancy and managed services in the United States and internationally.

Colabor Group

Market Cap: CA$90.8m

Colabor Group Inc., together with its subsidiaries, markets, distributes, and wholesales food and food-related products in Canada.

Copa Holdings

Market Cap: €4.6b

Through its subsidiaries, provides airline passenger and cargo transport services.

Regeneron Pharmaceuticals

Market Cap: €57.8b

Regeneron Pharmaceuticals, Inc. discovers, invents, develops, manufactures, and commercializes medicines for treating various diseases worldwide.

KBR

Market Cap: US$6.2b

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

Nilfisk Holding

Market Cap: €2.5b

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

TravelSky Technology

Market Cap: US$31.3b

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

Semapa - Sociedade de Investimento e Gestão SGPS

Market Cap: €1.4b

Through its subsidiaries, produces and sells pulp, printing and writing papers, and tissues in Portugal, the rest of Europe, the United States, Africa, Asia, and Oceania.

Teva Pharmaceutical Industries

Market Cap: €19.5b

Develops, manufactures, markets, and distributes generic and other medicines, and biopharmaceutical products in the United States, Europe, Israel, and internationally.

Chorus Aviation

Market Cap: CA$615.2m

Through its subsidiaries, provides aviation services.

Steelcase

Market Cap: US$1.3b

Provides a portfolio of furniture and architectural products and services in the United States and internationally.

urban-gro

Market Cap: US$4.0m

Engages in the designing, engineering, building, and integrating complex environmental equipment systems for indoor controlled environment agriculture (CEA) cultivation and retail facilities in the United States, Canada, and Europe.

Exxaro Resources

Market Cap: €37.6b

Engages in coal, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Asia, and internationally.

Capgemini

Market Cap: €24.9b

Provides consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

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.

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.

Serabi Gold

Market Cap: CA$126.5m

Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.

ACI Worldwide

Market Cap: US$4.8b

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