Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Indofood Sukses Makmur

Market Cap: Rp62.8t

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

Aurora Design

Market Cap: ฿19.5b

Trades gold jewelry in Thailand.

REC

Market Cap: ₹1.0t

Engages in the provision of financing services for power generation, transmission, and distribution projects in India.

Stanmore Resources

Market Cap: AU$2.1b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

Vardhman Textiles

Market Cap: ₹117.9b

Manufactures, purchases, and sells textiles and fibres in India and internationally.

True Corporation

Market Cap: ฿387.0b

Provides telecommunications and value-added services in Thailand.

Miura

Market Cap: JP¥325.2b

Produces and sells boilers in Japan and internationally.

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.

Transcontinental

Market Cap: CA$1.7b

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

Persimmon

Market Cap: UK£3.7b

Operates as a house builder in the United Kingdom.

Stanmore Resources

Market Cap: €2.1b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

Eiffage

Market Cap: €10.5b

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

Micro-Star International

Market Cap: NT$96.3b

Engages in the manufacture and sale of motherboards, interface cards, notebook computers, and other electronic products in Asia, Europe, the United States, and internationally.

Towngas Smart Energy

Market Cap: HK$13.4b

An investment holding company, sells piped gas, renewable energy, and other types of energy in the People’s Republic of China.

Security Bank

Market Cap: ₱55.8b

Provides banking and financial products and services to wholesale and retail clients in the Philippines.

KH Neochem

Market Cap: JP¥95.4b

Researches, manufactures, and sells of petrochemical products in Japan and internationally.

IPH

Market Cap: AU$951.8m

Provides intellectual property (IP) services and products.

China Resources Land

Market Cap: HK$207.5b

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

Summerset Group Holdings

Market Cap: AU$2.7b

Develops, owns, and operates integrated retirement villages in New Zealand and Australia.

Assetwise

Market Cap: ฿5.5b

Engages in property development and other real estate activities in Thailand.

CapitaLand Malaysia Trust

Market Cap: RM 2.1b

CapitaLand Malaysia Trust (CLMT) is a real estate investment trust (REIT) and was listed on the Main Market of Bursa Malaysia Securities Berhad on 16 July 2010.

Bangchak Corporation

Market Cap: ฿42.3b

Engages in the refining and marketing of petroleum products in Thailand, Singapore, Norway, Korea, Laos, and internationally.

Sasseur Real Estate Investment Trust

Market Cap: S$860.1m

Invests in a portfolio of real estate and related assets.

Cheerwin Group

Market Cap: HK$3.0b

An investment holding company, manufactures and trades household insecticides and repellents, household cleaning, air care, personal care, pet stores and pet products, and other products in the People’s Republic of China.

Emaar Properties PJSC

Market Cap: د.إ120.2b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

Haidilao International Holding

Market Cap: HK$72.6b

An investment holding company, engages in the restaurant operation and delivery businesses.

Inspur Digital Enterprise Technology

Market Cap: HK$10.5b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

Monash IVF Group

Market Cap: AU$272.7m

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

Carlsberg

Market Cap: US$104.3b

Produces and markets beer and other beverage products in Denmark, China, the United Kingdom, and internationally.

China Overseas Property Holdings

Market Cap: HK$16.3b

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

C&D International Investment Group

Market Cap: HK$38.4b

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.

Aeon (M) Bhd

Market Cap: RM 1.8b

Operates and manages a retail chain of departmental stores and supermarkets in Malaysia.

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.

Hyosung TNC

Market Cap: ₩927.9b

Manufactures and sells fiber in South Korea and internationally.

Innocean Worldwide

Market Cap: ₩728.0b

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