Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Talgo

Market Cap: €367.1m

Engages in design, manufacture, and maintenance of railway and auxiliary machinery for the maintenance of railway systems rolling stock worldwide.

Gecina

Market Cap: €5.0b

A leading operator that fully integrates all real estate expertise, owning, managing, and developing a unique prime portfolio valued at 17.6bn euros as at December 31, 2025.

Aegean Airlines

Market Cap: €1.1b

Operates as an airline company that engages in the provision of public airline transportation services in Greece and internationally.

Lithia Motors

Market Cap: €5.7b

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

Oracle Corporation Japan

Market Cap: €1.2t

Provides software, hardware, and cloud products and solutions in Japan.

Intrum

Market Cap: €5.1b

Provides payment solutions, and credit and collection services in Europe and internationally.

q.beyond

Market Cap: €89.7m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

Eiffage

Market Cap: €12.3b

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

Victrex

Market Cap: UK£469.2m

Through its subsidiaries, engages in the manufacture and sale of polymer solutions worldwide.

Abercrombie & Fitch

Market Cap: US$4.0b

Through its subsidiaries, operates as an omnichannel retailer in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

China Hongqiao Group

Market Cap: €344.3b

An investment holding company, manufactures and sells aluminum products.

Pollard Banknote

Market Cap: €494.8m

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

EVS Broadcast Equipment

Market Cap: €437.0m

Provides live video technology for broadcast and media productions in the United States, Europe, Africa, Middle East, and Asia Pacific.

Aegon

Market Cap: €9.0b

Provides insurance, pensions, retirement, and asset management services in the Americas, the Netherlands, the United Kingdom, and internationally.

Arjo

Market Cap: SEK 6.7b

Develops and sells medical devices and solutions for patients for clinical and financial outcomes for healthcare in Europe, Asia, Latin America, Africa, and Pacific.

ACM Research

Market Cap: €2.9b

Develops, manufactures, and sells capital equipment in Mainland China and internationally.

Banca IFIS

Market Cap: €1.3b

Provides financial services and solutions for enterprises.

Umicore

Market Cap: €3.7b

Operates as a materials technology and recycling company in Belgium, Europe, the Asia-Pacific, North America, South America, and Africa.

MINISO Group Holding

Market Cap: €5.0b

An investment holding company, engages in the retail and wholesale of design-led lifestyle and pop toy products in Mainland China, the rest of Asia, North and Latin America, Europe, and internationally.

Standard Chartered

Market Cap: €33.8b

Provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas.

Lundin Mining

Market Cap: US$25.2b

A diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, Brazil, and Argentina.

Luckin Coffee

Market Cap: US$10.5b

Offers retail services of freshly brewed drinks, and pre-made food and beverage items in the People's Republic of China.

Bayerische Motoren Werke

Market Cap: US$46.0b

Develops, manufactures, and sells automobiles and motorcycles, spare parts, and accessories worldwide.

Green Thumb Industries

Market Cap: €2.0b

Manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States.

Euroseas

Market Cap: US$462.2m

Provides ocean-going transportation services worldwide.

Geely Automobile Holdings

Market Cap: US$210.5b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

ICG

Market Cap: UK£4.2b

A private equity firm specializing in direct and fund of fund investments.

Maisons du Monde

Market Cap: €39.1m

Through its subsidiaries, provides home and living room related products in France and internationally.

Hanmi Financial

Market Cap: US$751.7m

Operates as the holding company for Hanmi Bank that provides business banking products and services in the United States.

Grafton Group

Market Cap: €1.7b

Distributes and sells building materials and construction related products in Ireland, the United Kingdom, Ireland, the Netherlands, Finland, and Spain.

Alaris Equity Partners Income Trust

Market Cap: €904.1m

A private equity firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, growth capital, and mature investments.

Altea Green Power

Market Cap: €118.2m

Supplies and manages renewable energy plants in Italy and the United States.

Enovis

Market Cap: €1.3b

A medical technology company, focuses on developing clinically differentiated solutions in the United States and internationally.

Cooper-Standard Holdings

Market Cap: €498.1m

Through its subsidiary, manufactures sealing systems and fluid handling systems in the North America, Europe, the Asia Pacific, and the South America.

Andritz

Market Cap: €5.9b

Engages in the provision of industrial machinery, equipment, and services in Europe, North America, South America, China, Asia, Africa, Australia, and internationally.