Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Hollywood Bowl Group

Market Cap: UK£442.2m

Operates ten-pin bowling and mini-golf centers in the United Kingdom and Canada.

NetEase

Market Cap: US$606.0b

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.

Kuaishou Technology

Market Cap: €301.6b

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

MONY Group

Market Cap: UK£875.6m

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

Asahi Group Holdings

Market Cap: €2.5t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Wesdome Gold Mines

Market Cap: €3.2b

Wesdome Gold Mines Ltd. mines, develops, and explores for gold and silver deposits in Canada.

GFT Technologies

Market Cap: €493.4m

Provides digital transformation services.

Geely Automobile Holdings

Market Cap: US$179.6b

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

Cheerwin Group

Market Cap: €3.1b

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.

Sendas Distribuidora

Market Cap: R$11.8b

Engages in the retail and wholesale sale of food products, bazaar items, and other products in Brazil.

Resolute Mining

Market Cap: US$3.0b

Engages in mining, prospecting, and exploration of mineral properties in Africa.

Austal

Market Cap: US$2.6b

Engages in the design, manufacture, and support of vessels for commercial and defense customers in the United States, Australia, Europe, Asia, and South America.

Acrow

Market Cap: €317.8m

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

Grand Pharmaceutical Group

Market Cap: €27.7b

An investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical preparations and medical devices, biotechnology and healthcare products, and pharmaceutical raw materials.

Ernst Russ

Market Cap: €245.3m

A publicly owned investment manager.

Rogers Communications

Market Cap: €26.7b

Operates as a communications and media company in Canada.

Sabio Holdings

Market Cap: CA$7.3m

Operates as a technology provider in the advertising areas of connected TV (CTV) and over-the-top (OTT) streaming in the United States and the United Kingdom.

MINISO Group Holding

Market Cap: €5.8b

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.

Capgemini

Market Cap: €19.2b

Provides consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

Hikma Pharmaceuticals

Market Cap: €3.4b

Develops, manufactures, markets, and sells a range of generic, branded, and in-licensed pharmaceutical products.

Construtora Tenda

Market Cap: R$3.6b

Operates as a construction company in Brazil.

Sangoma Technologies

Market Cap: US$211.9m

Develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications in the United States of America and internationally.

LKQ

Market Cap: US$8.9b

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.

Enovis

Market Cap: €1.3b

Operates as a medical technology company focus on developing clinically differentiated solutions in the United States and internationally.

Euroseas

Market Cap: US$374.9m

Provides ocean-going transportation services worldwide.

PENN Entertainment

Market Cap: €1.8b

Provides integrated entertainment, sports content, and casino gaming experiences.

Barrett Business Services

Market Cap: US$969.9m

Provides business management solutions for small and mid-sized companies in the United States.

Arnoldo Mondadori Editore

Market Cap: €546.4m

Engages in publishing of books and magazines in Italy, rest of Europe, and the United States.

CEWE Stiftung KGaA

Market Cap: €696.3m

Operates as a photo service and online printing provider in Germany and internationally.

Quanex Building Products

Market Cap: US$978.0m

Manufactures and distributes components for original equipment manufacturers (OEM) in the building products industry in the United States, Europe, Canada, Asia, and internationally.

Infinity Natural Resources

Market Cap: US$1.1b

Engages in the acquisition, exploration, and development of properties to produce oil, natural gas, and natural gas liquids from underground reservoirs in the United States.

Merck KGaA

Market Cap: US$53.6b

Operates as a science and technology company in Germany and internationally.

Tennant

Market Cap: US$1.5b

Designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Globe Life

Market Cap: US$11.7b

Through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle- and middle-income families in the United States.

TAKKT

Market Cap: €240.1m

Operates as a B2B direct marketing company for business equipment in Europe and North America.