Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Bank of China

Market Cap: HK$1.7t

Provides various banking and financial services in Chinese Mainland, Hong Kong, Macao, Taiwan, and internationally.

China Overseas Property Holdings

Market Cap: HK$16.1b

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

Shanghai Yuyuan Tourist Mart (Group)

Market Cap: CN¥22.5b

Shanghai Yuyuan Tourist Mart (Group) Co., Ltd.

Sinoma International EngineeringLtd

Market Cap: CN¥22.8b

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

China Resources Power Holdings

Market Cap: HK$91.0b

An investment holding company, invests in, develops, operates, and manages power plants and coal mines in the People’s Republic of China.

China Construction Bank

Market Cap: HK$2.0t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

IPH

Market Cap: AU$957.0m

Provides intellectual property (IP) services and products.

Jiangsu Changshu Rural Commercial Bank

Market Cap: CN¥23.1b

Jiangsu Changshu Rural Commercial Bank Co., Ltd.

Tsingtao Brewery

Market Cap: HK$85.0b

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

Indofood Sukses Makmur

Market Cap: Rp69.1t

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

Shandong Yisheng Livestock & Poultry Breeding

Market Cap: CN¥9.3b

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd.

Monash IVF Group

Market Cap: AU$255.2m

Engages in the provision of assisted reproductive and specialist women imaging services in Australia and Malaysia.

Worley

Market Cap: AU$7.2b

Provides professional services to the energy, chemicals, and resources sectors in the Americas, Europe, the Middle East, Africa, Australia, the Asia Pacific, and China.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥8.8b

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

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥12.2b

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.

Ganyuan Foods

Market Cap: CN¥5.1b

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

China Resources Land

Market Cap: HK$209.9b

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

Trajan Group Holdings

Market Cap: AU$112.9m

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

Middle East Healthcare

Market Cap: ر.س5.2b

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

China Railway Group

Market Cap: CN¥126.8b

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

Beijing New Building Materials

Market Cap: CN¥41.2b

Manufactures and sells building materials in China and internationally.

Proya CosmeticsLtd

Market Cap: CN¥31.7b

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

C&D International Investment Group

Market Cap: HK$39.8b

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.

Industrial Bank

Market Cap: CN¥427.7b

Provides banking services in the People’s Republic of China.

China Mengniu Dairy

Market Cap: HK$55.7b

An investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People’s Republic of China and internationally.

Sulzer

Market Cap: CHF 4.5b

Develops and sells products and services for fluid engineering and chemical processing applications worldwide.

Gen Digital

Market Cap: US$17.9b

Engages in the provision of cyber safety solutions for or individuals, families, and small businesses.

Premier Foods

Market Cap: UK£1.6b

Manufactures, distributes, and sells branded and own label food products in the United Kingdom, other European countries, and internationally.

Koenig & Bauer

Market Cap: €232.7m

Develops and manufactures printing and postprint systems worldwide.

Plumas Bancorp

Market Cap: US$299.7m

Operates as the bank holding company for the Plumas Bank that provides various banking products and services for small and middle market businesses and individuals in California, Nevada, and Oregon.

Acrow

Market Cap: €334.2m

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

Semapa - Sociedade de Investimento e Gestão SGPS

Market Cap: €1.5b

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.

Koenig & Bauer

Market Cap: €232.7m

Develops and manufactures printing and postprint systems worldwide.

Delta Air Lines

Market Cap: CHF 37.4b

Provides scheduled air transportation for passengers and cargo in the United States and internationally.

Royalty Pharma

Market Cap: €20.9b

Operates as a buyer of biopharmaceutical royalties and a funder of innovation in the biopharmaceutical industry in the United States.