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.

IPH

Market Cap: AU$1.3b

Provides intellectual property (IP) services and products.

Acrow

Market Cap: AU$323.4m

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

Ganyuan Foods

Market Cap: CN¥5.3b

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

Trajan Group Holdings

Market Cap: AU$114.3m

Develops, manufactures, sells, and distributes analytical and life science products and devices in Australia, New Zealand, Malaysia, Japan, the United States, Europe, the Middle East, Africa, and India.

China Resources Land

Market Cap: HK$211.1b

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

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥13.0b

Engages in the manufacture and sale of pharmaceutical raw materials, and food and feed additives under the Star Lake and Yue Bao brand names in China and internationally.

Middle East Healthcare

Market Cap: ر.س5.3b

A healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Middle East and North Africa.

Meituan

Market Cap: HK$820.5b

Operates as a technology driven retail company in the People’s Republic of China, Hong Kong, Macao, Taiwan, and internationally.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥12.8b

Manufactures and sells steel structures and supporting products in China and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥24.9b

Engages in the engineering, equipment manufacture and supply, and other businesses in China and internationally.

Proya CosmeticsLtd

Market Cap: CN¥33.6b

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

Select Harvests

Market Cap: AU$501.6m

Engages in the growing, processing, packaging, and selling of almonds and its by-products in Australia.

Shenzhen Transsion Holdings

Market Cap: CN¥86.7b

Manufactures and sells smart devices in Africa and internationally.

Tsingtao Brewery

Market Cap: HK$88.8b

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

ShenZhen YUTO Packaging Technology

Market Cap: CN¥22.2b

ShenZhen YUTO Packaging Technology Co., Ltd.

Beijing New Building Materials

Market Cap: CN¥46.3b

Manufactures and sells building materials in China and internationally.

Shenzhen Fuanna Bedding and FurnishingLtd

Market Cap: CN¥6.2b

Engages in the research and development, design, production, and sale of textile home furnishing, sleep home furnishing, and living products in China and internationally.

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥21.3b

Designs, develops, manufactures, sells, and supplies auto parts in China.

Coca-Cola Içecek Anonim Sirketi

Market Cap: ₺144.7b

Engages in the production, sales, and distribution of sparkling and still beverages in Turkey, Pakistan, Central Asia, and the Middle East.

Koenig & Bauer

Market Cap: €235.0m

Develops and manufactures printing and postprint systems worldwide.

Eiffage

Market Cap: €10.8b

Engages in the construction and concessions industries in France, rest of Europe, and internationally.

ACT Energy Technologies

Market Cap: CA$164.0m

Provides directional drilling services to oil and natural gas companies in Canada and the United States.

Pollard Banknote

Market Cap: €616.6m

Manufactures and sells lottery and charitable gaming products and solutions in the United States, Canada, and internationally.

d'Amico International Shipping

Market Cap: €408.1m

Through its subsidiaries, operates as a marine transportation company worldwide.

Singulus Technologies

Market Cap: €15.9m

Develops and assembles machines and systems for thin-film coating and surface treatment processes worldwide.

Flowco Holdings

Market Cap: US$1.8b

Through its subsidiaries, provides production optimization, artificial lift, and methane abatement solutions for the oil and natural gas industry in the United States.

FNM

Market Cap: €180.9m

Engages in the railway mobility business in Italy.

Bidvest Group

Market Cap: €80.8b

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

Afry

Market Cap: SEK 17.8b

Provides engineering, design, and advisory services for the infrastructure, industry, and energy sectors in the Nordics, North America, South America, Asia, rest of Europe, and internationally.

Noodles

Market Cap: US$47.8m

A restaurant concept company, develops and operates fast-casual restaurants in the United States.

Vetoquinol

Market Cap: €891.8m

A veterinary pharmaceutical company, designs, develops, and sells veterinary drugs and non-medicinal products in Europe, the Americas, and the Asia Pacific region.

Amphastar Pharmaceuticals

Market Cap: US$1.1b

A bio-pharmaceutical company, develops, manufactures, markets, and sells generic and proprietary injectable, inhalation, and intranasal products in the United States, China, and France.

Serabi Gold

Market Cap: CA$143.1m

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

Axalta Coating Systems

Market Cap: US$6.6b

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.