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.

Adaro Minerals Indonesia

Market Cap: Rp42.1t

Engages in metallurgical coal mining business in Indonesia.

Merck KGaA

Market Cap: US$50.2b

Operates as a science and technology company in Germany.

MONY Group

Market Cap: UK£1.1b

Engages in the provision of price comparison and lead generation services through its websites and applications in the United Kingdom.

Kenmare Resources

Market Cap: UK£342.6m

Engages in the production and sale of mineral sand products in China, rest of Asia, Europe, the United States, and internationally.

EVS Broadcast Equipment

Market Cap: €452.9m

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

ADENTRA

Market Cap: CA$650.0m

Engages in the wholesale distribution of architectural building products to the residential, repair and remodel, and commercial construction markets in Canada and the United States.

TEGNA

Market Cap: US$2.7b

Operates as a journalism company in the United States.

EOG Resources

Market Cap: US$60.0b

Explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in producing basins in the United States, the Republic of Trinidad and Tobago, and internationally.

Huhtamäki Oyj

Market Cap: €3.4b

Provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally.

Tenaris

Market Cap: €15.8b

Manufactures and supplies steel pipe products and related services for the energy industry and other industrial applications in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.

LKQ

Market Cap: US$10.4b

Engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories.

Bertrandt

Market Cap: €201.3m

Provides engineering services.

KBR

Market Cap: US$6.7b

Provides scientific, technology, and engineering solutions to governments and commercial customers worldwide.

Royalty Pharma

Market Cap: €18.4b

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

Burford Capital

Market Cap: US$2.8b

Provides legal finance products and services worldwide.

Huhtamäki Oyj

Market Cap: €3.4b

Provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally.

Amneal Pharmaceuticals

Market Cap: €2.3b

A global biopharmaceutical company, develops, manufactures, markets, and distributes generics, injectables, biosimilars, and specialty branded pharmaceutical products worldwide.

TotalEnergies

Market Cap: US$114.2b

A multi-energy company, produces and markets oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables, and electricity in France, rest of Europe, and internationally.

INDUS Holding

Market Cap: €546.5m

A private equity firm specializing in mergers and acquisitions and corporate spin-offs.

Bertrandt

Market Cap: €201.3m

Provides engineering services.

Griffon

Market Cap: US$3.2b

Through its subsidiaries, provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally.

Noodles

Market Cap: US$36.3m

A restaurant concept company, develops and operates fast-casual restaurants in the United States.

FinVolution Group

Market Cap: US$2.2b

Operates in the online consumer finance industry.

GFT Technologies

Market Cap: €630.5m

Provides digital transformation services.

Tokuyama

Market Cap: €203.0b

Produces and sells various chemical products in Japan.

Ag Growth International

Market Cap: CA$724.8m

Manufactures and distributes equipment for bulk agriculture commodities worldwide.

MGM Resorts International

Market Cap: US$8.6b

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

Sanofi

Market Cap: €106.6b

A healthcare company, engages in the research, development, manufacture, and marketing of therapeutic solutions in the United States, Europe, and internationally.

Colabor Group

Market Cap: CA$83.7m

Colabor Group Inc., together with its subsidiaries, markets, distributes, and wholesales food and food-related products in Canada.

MINISO Group Holding

Market Cap: €5.4b

An investment holding company, engages in the retail and wholesale of lifestyle products and pop toy products in China, rest of Asia, the Americas, Europe, Indonesia, and internationally.

Kuaishou Technology

Market Cap: €227.3b

An investment holding company, provides live streaming, online marketing, and other services in the People’s Republic of China.

Dell Technologies

Market Cap: US$77.7b

Designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally.

KB Home

Market Cap: US$3.7b

Operates as a homebuilding company in the United States.

Big Yellow Group

Market Cap: UK£1.9b

Big Yellow is the UK's brand leader in self storage.