Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

China Mengniu Dairy

Market Cap: HK$58.6b

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

Acrow

Market Cap: AU$291.3m

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

Hansen Technologies

Market Cap: AU$1.0b

Engages in the development, integration, and support of billing and customer information systems.

Sichuan Baicha Baidao Industrial

Market Cap: HK$7.9b

An investment holding company, provides tea drink products in the People’s Republic of China.

Aeris Resources

Market Cap: AU$598.6m

Explores, produces, and sells precious metals in Australia.

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥14.4b

Operates as contract development and manufacturing organization (CDMO) company in China and internationally.

China Railway Group

Market Cap: CN¥139.2b

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

Xiamen C&D

Market Cap: CN¥27.0b

Engages in the supply chain and real estate development businesses in China and internationally.

Industrial Bank

Market Cap: CN¥390.9b

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

Ganyuan Foods

Market Cap: CN¥4.9b

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

Trajan Group Holdings

Market Cap: AU$76.3m

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.

Anker Innovations

Market Cap: CN¥50.8b

Operates as a smart hardware technology company in China and internationally.

China Construction Bank

Market Cap: HK$2.1t

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.

GWA Group

Market Cap: AU$612.7m

Research, designs, manufactures, imports, and markets building fixtures and fittings to residential and commercial premises in Australia, New Zealand, the United Kingdom, and internationally.

C&D International Investment Group

Market Cap: HK$31.9b

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.

Hoenle

Market Cap: €56.6m

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

Premier Foods

Market Cap: UK£1.7b

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

Bilia

Market Cap: SEK 11.6b

Operates as a full-service supplier for car ownership in Sweden, Norway, Luxemburg, and Belgium.

Ventura Offshore Holding

Market Cap: NOK 2.7b

A deep-water drilling contractor, provides offshore drilling services to the oil and gas industry in Brazil and internationally.

Alpha Bank

Market Cap: €8.1b

Provides various banking and financial products and services in Greece and internationally.

Delta Air Lines

Market Cap: €41.5b

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

Atos

Market Cap: €772.6m

Provides digital transformation solutions and services in France and internationally.

FRP Advisory Group

Market Cap: UK£270.6m

Provides business advisory services to companies, lenders, investors, individuals, and other stakeholders in the United Kingdom.

Accenture

Market Cap: €129.2b

Provides strategy and consulting, industry X, song, and technology and operation services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Maisons du Monde

Market Cap: €51.1m

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

Bertrandt

Market Cap: €181.7m

Provides engineering services.

Carmila

Market Cap: €2.4b

A leading European commercial real estate company, with 250 shopping centres across France, Spain and Italy.

Cabka

Market Cap: €36.3m

Manufactures and sells pallets and large containers made from recycled plastic in Europe, North America, and internationally.

Eurobank

Market Cap: €13.3b

Provides retail, corporate and private banking, asset management, treasury, capital market, and other services in Greece, Bulgaria, Cyprus, and Luxembourg.

NetApp

Market Cap: €19.6b

Provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

Altea Green Power

Market Cap: €124.2m

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

Duell Oyj

Market Cap: €13.0m

Engages in the wholesale, import, and distribution of powersports aftermarket products in Finland, Central Europe, and the Nordic countries.

Prudential

Market Cap: UK£27.5b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.

Bonheur

Market Cap: NOK 10.4b

Engages in the renewable energy, wind service, and cruise businesses in the United Kingdom, Norway, Europe, Asia, the Americas, Africa, and Internationally.

Gecina

Market Cap: €5.5b

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.