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.

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.

Preferred Bank

Market Cap: US$1.1b

Provides various commercial banking products and services to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals, and high net worth individuals.

Alta Equipment Group

Market Cap: US$150.8m

Owns and operates integrated equipment dealership platforms in the United States and Canada.

Whitecap Resources

Market Cap: US$5.5b

Engages in the acquisition, development, and production of petroleum and natural gas properties and assets in Western Canada.

Card Factory

Market Cap: UK£295.1m

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

Jackson Financial

Market Cap: US$6.0b

Through its subsidiaries, provides suite of annuities to retail investors in the United States.

BWG

Market Cap: NOK 17.7b

An investment holding company, engages in ship owning and chartering activities worldwide.

MGM Resorts International

Market Cap: US$8.7b

Through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally.

Morgan Advanced Materials

Market Cap: €590.0m

Manufactures and sells various carbon and ceramic products in the United Kingdom.

Ribbon Communications

Market Cap: US$713.4m

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

Regional Management

Market Cap: €298.0m

A diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States.

DEME Group

Market Cap: €3.4b

Provides marine solutions in the fields of dredging, land reclamation, marine infrastructure, offshore energy, and environmental remediation.

Gecina

Market Cap: €6.5b

As a specialist for centrality and uses, Gecina operates innovative and sustainable living spaces.

Orion Group Holdings

Market Cap: US$208.2m

Operates as a specialty construction company in the infrastructure, industrial, and building sectors in the United States, Alaska, Hawaii, Canada, and the Caribbean Basin.

Douglas Dynamics

Market Cap: US$536.3m

Operates as a manufacturer and upfitter of commercial work truck attachments and equipment in North America.

Red Rock Resorts

Market Cap: US$4.4b

Through its interest in Station Casinos LLC, develops and manages casino and entertainment properties in the United States.

Tennant

Market Cap: US$1.5b

Designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Concentra Group Holdings Parent

Market Cap: US$2.7b

Provides occupational health services in the United States.

Akzo Nobel

Market Cap: €9.7b

Produces and sells paints and coatings worldwide.

Lithia Motors

Market Cap: €7.6b

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

Cenovus Energy

Market Cap: US$35.9b

Develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and China.

Enovis

Market Cap: €2.2b

Operates as a medical technology company focus on developing clinically differentiated solutions in the United States and internationally.

Thungela Resources

Market Cap: €14.2b

Engages in the mining and production of thermal coal in South Africa and Australia.

Asbury Automotive Group

Market Cap: US$4.3b

Operates as an automotive retailer in the United States.

Sword Group

Market Cap: €297.8m

Provides IT and software solutions worldwide.

Origin Enterprises

Market Cap: €329.3m

Provides agronomy services company in Ireland, the United Kingdom, Brazil, Poland, Romania, Latin America, and internationally.

Polar Capital Holdings

Market Cap: €430.4m

Polar Capital Holdings plc is a publicly owned investment manager.

Montea Comm. VA

Market Cap: €1.5b

Montea NV is a public regulated real estate company under Belgian law (GVV/SIR) that specializes in logistics real estate in Belgium, the Netherlands, France, and Germany.

Genus

Market Cap: UK£1.2b

Operates as an animal genetics company in North America, Latin America, the United Kingdom, rest of Europe, the Middle East, Russia, Africa, and Asia.

Chemung Financial

Market Cap: US$224.1m

Operates as a bank holding company for Chemung Canal Trust Company that provides a range of banking, financing, fiduciary, and other financial services.

DCC

Market Cap: €5.2b

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

Regional Management

Market Cap: US$298.0m

A diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States.

Invesco

Market Cap: €6.8b

A publicly owned investment manager.

Kalmar Oyj

Market Cap: €2.0b

Engages in the provision of heavy material handling equipment and automated terminal solutions for ports, terminals, distribution centers, and heavy industry.