Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Atalaya Mining Copper

Market Cap: €1.2b

Engages in the mineral exploration and development in Spain.

Asahi Group Holdings

Market Cap: €2.4t

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

Lithia Motors

Market Cap: €6.7b

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

Royal Caribbean Cruises

Market Cap: €75.7b

Operates as a cruise company worldwide.

Hoenle

Market Cap: €53.3m

Develops, manufactures, and distributes industrial UV technologies and systems in Germany and internationally.

Fresenius SE KGaA

Market Cap: €24.4b

A health care company, provides products and services for chronically ill patients in North America, Europe, the Asia-Pacific, Latin America, and Africa.

DNO

Market Cap: €17.8b

Engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa.

Hollywood Bowl Group

Market Cap: UK£447.6m

Operates ten-pin bowling and mini-golf centers in the United Kingdom and Canada.

Compagnie de Saint-Gobain

Market Cap: €38.2b

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

Carnival Corporation &

Market Cap: €40.0b

A cruise company, provides leisure travel services in North America, Australia, Europe, and internationally.

Andean Precious Metals

Market Cap: €1.1b

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

Ferrari Group

Market Cap: €724.9m

Provides shipping, integrated logistics, and value-added services for jewelry and precious goods in Europe, Asia, North America, Brazil, and internationally.

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.

Pollard Banknote

Market Cap: €491.5m

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

Champion Iron

Market Cap: US$2.8b

Engages in the acquisition, exploration, development, and production of iron ore properties in Canada.

Corebridge Financial

Market Cap: €12.9b

Provides retirement solutions and insurance products in the United States.

Equasens Société anonyme

Market Cap: €638.1m

Provides healthcare IT solutions in Europe.

Mears Group

Market Cap: UK£330.0m

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

Man Wah Holdings

Market Cap: €16.6b

An investment holding company, engages in the manufacture and distribution of sofas and ancillary products in the People's Republic of China, Europe, Vietnam, Mexico, and internationally.

Indofood Sukses Makmur

Market Cap: €61.5t

Operates as a food solutions company in Indonesia, rest of Asia, Africa, and internationally.

Transcontinental

Market Cap: €457.4m

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

Pepper Money

Market Cap: €813.1m

Operates as a non-bank lender in the mortgage and asset finance markets in Australia and New Zealand.

Brinker International

Market Cap: €6.9b

Owns, develops, operates, and franchises casual dining restaurants in the United States and internationally.

Grupa Pracuj

Market Cap: €3.2b

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

Genpact

Market Cap: €6.3b

Provides business process outsourcing and information technology services in India, the rest of Asia, North and Latin America, and Europe.

On the Beach Group

Market Cap: €263.1m

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

Leidos Holdings

Market Cap: €19.3b

Provides services and solutions for government and commercial customers in the United States and internationally.

OceanaGold

Market Cap: €10.2b

Engages in the exploration, development, and operation of gold and gold/copper mines in the United States, the Philippines, and New Zealand.

China Aviation Oil (Singapore)

Market Cap: S$1.8b

Trades in and supplies jet fuel to civil aviation industry worldwide.

Innocean Worldwide

Market Cap: ₩769.6b

Provides marketing and communications services in the Americas, Europe, Asia, Oceania, the Middle East, and internationally.

Fosun International

Market Cap: HK$33.0b

Operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥32.0b

Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd.

KMD Brands

Market Cap: NZ$92.6m

Designs, markets, wholesales, and retails apparel, footwear, and equipment for surfing and the outdoors under the Kathmandu, Rip Curl, and Oboz brand names.

Hwaseung Enterprise

Market Cap: ₩278.1b

Manufactures and sells shoes.

C&D International Investment Group

Market Cap: HK$32.3b

An investment holding company, engages in the property development, real estate industry chain investment services, and industry investment activities in the People’s Republic of China.