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: Rp59.3t

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

Anhui Expressway

Market Cap: CN¥22.7b

Engages in the construction, operation, management, and development of the toll roads and associated service sections in the People's Republic of China.

Shanghai Zhonggu Logistics

Market Cap: CN¥21.4b

Provides container shipping services in China.

Guangdong Haid Group

Market Cap: CN¥85.2b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

Summerset Group Holdings

Market Cap: AU$2.9b

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

Aurelia Metals

Market Cap: AU$541.6m

Engages in the exploration and production of mineral properties in Australia.

Middle East Healthcare

Market Cap: ر.س3.3b

A healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Middle East and North Africa.

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.

Huaqin Technology

Market Cap: CN¥91.0b

Engages in the development, manufacturing, and operation service of software, hardware, systems for tech companies worldwide.

Trajan Group Holdings

Market Cap: AU$102.2m

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.

C&D International Investment Group

Market Cap: HK$34.3b

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.

Hu Lane Associate

Market Cap: NT$15.1b

Engages in manufacture and sale of terminal devices, terminal crimping, industrial rubber, and plastic products in Taiwan.

Jazz Pharmaceuticals

Market Cap: €10.3b

Jazz Pharmaceuticals plc identifies, develops, and commercializes pharmaceutical products in the United States, Europe, and internationally.

FRP Advisory Group

Market Cap: UK£317.7m

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

Hannover Rück

Market Cap: €28.5b

Provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally.

Telefónica

Market Cap: €18.6b

Provides telecommunications services in Europe and Latin America.

Gamma Communications

Market Cap: UK£846.0m

Provides technology-based communications and software services to small, medium, and large-sized organizations in the United Kingdom, rest of Europe, and internationally.

Capgemini

Market Cap: €22.9b

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.

Cabka

Market Cap: €42.0m

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

MONY Group

Market Cap: UK£980.4m

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

q.beyond

Market Cap: €92.7m

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

DOF Group

Market Cap: €26.6b

Owns and operates a fleet of offshore and subsea vessels.

q.beyond

Market Cap: €92.7m

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

Premier Foods

Market Cap: UK£1.6b

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

Prosegur Cash

Market Cap: €936.1m

Provides integrated cash cycle management solutions and automating payments in retail establishments and ATM management for financial institutions, retail establishments, business, government agencies, central banks, mints, and jewellery stores in Europe, LATAM, and internationally.

Carmila

Market Cap: €2.3b

As the third-largest listed owner of commercial property in Europe, Carmila was founded by Carrefour and large institutional investors in order to enhance the value of shopping centres adjoining Carrefour hypermarkets in France, Spain and Italy.

Cheniere Energy

Market Cap: €44.6b

An energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States.

EOG Resources

Market Cap: €58.6b

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.

Carnival Corporation &

Market Cap: €37.2b

A cruise company, provides leisure travel services in North America, Australia, Europe, and internationally.

Crown Castle

Market Cap: US$38.0b

Crown Castle owns, operates and leases approximately 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S.

MERLIN Properties SOCIMI

Market Cap: €6.9b

MERLIN Properties SOCIMI, S.A. (MC:MRL) is the largest real estate and infrastructure company trading on the Spanish Stock Exchange.

Grupa Pracuj

Market Cap: zł3.4b

Operates HR technology platform in Poland, Ukraine, and Germany.

Inseego

Market Cap: US$180.3m

Engages in the design and development of cloud-managed wireless wide area network (WAN) and intelligent edge solutions for businesses, consumers, and governments in the United Stated, Europe, and internationally.

Allstate

Market Cap: €50.7b

Provides property and casualty, and other insurance products in the United States and Canada.

Gecina

Market Cap: €5.8b

A leading operator, that fully integrates all real estate expertise, owning, managing, and developing a unique prime portfolio valued at €17.0bn as at June 30, 2025.