Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Sangoma Technologies

Market Cap: US$205.3m

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

Sanwa Holdings

Market Cap: JP¥836.6b

Through its subsidiaries, manufactures and sells construction materials for commercial and residential buildings in Japan, North America, Europe, and Asia.

Dentsu Group

Market Cap: JP¥734.9b

Operates in the advertising business in Japan, the Americas, Europe, the Middle East and Africa, and the Asia Pacific.

Miura

Market Cap: JP¥340.3b

Produces and sells boilers in Japan and internationally.

en

Market Cap: JP¥45.5b

Provides human resources service in Japan and internationally.

BYD Electronic (International)

Market Cap: US$73.0b

An investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People’s Republic of China and internationally.

ISOTeam

Market Cap: S$71.8m

Operates in the building maintenance and estate upgrading industry in Singapore.

WemadeLtd

Market Cap: ₩929.6b

Develops and publishes games in South Korea and internationally.

LHN

Market Cap: S$286.4m

An investment holding company, engages in space optimization, property development, facilities management services, and energy businesses in Singapore, Hong Kong, Myanmar, Indonesia, and Cambodia.

Inspur Digital Enterprise Technology

Market Cap: HK$4.9b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

Summerset Group Holdings

Market Cap: AU$2.5b

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

Security Bank

Market Cap: ₱54.0b

Provides banking and financial products and services to wholesale and retail clients in the Philippines.

Nido Education

Market Cap: AU$90.0m

Owns, operates, and manages long day early childhood education and care centres under the Nido Early School brand in Australia.

National Medical Care

Market Cap: ر.س5.5b

National Medical Care Company establishes, owns, equips, manages, maintains, and operates healthcare facilities in the Kingdom of Saudi Arabia.

REC

Market Cap: ₹927.4b

Engages in the provision of financing services for power generation, transmission, and distribution projects in India.

Sasseur Real Estate Investment Trust

Market Cap: S$866.4m

Invests in a portfolio of real estate and related assets.

F&F

Market Cap: ₩2.7t

Manufactures and sells apparel and accessories in South Korea.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥33.9b

Manufactures and sells power distribution in China and internationally.

IndiQube Spaces

Market Cap: ₹37.8b

Provides workplace solutions and value-added services in India.

Huali Industrial Group

Market Cap: CN¥56.4b

Engages in the design, development, production, and sale of sports shoes in China and internationally.

JVM

Market Cap: ₩308.1b

Develops and sells automation systems and software of dispensing, packaging, and medication management for hospitals and pharmacies worldwide.

Bethel Automotive Safety Systems

Market Cap: CN¥31.2b

Develops, manufactures, and sells automotive chassis systems and advanced driving systems in China.

Chongqing Baiya Sanitary Products

Market Cap: CN¥9.2b

Chongqing Baiya Sanitary Products Co., Ltd.

Middle East Healthcare

Market Cap: ر.س3.0b

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

GWA Group

Market Cap: AU$627.1m

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

Sichuan Baicha Baidao Industrial

Market Cap: HK$9.7b

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

Jinzai Food GroupLtd

Market Cap: CN¥5.0b

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

Bear Electric ApplianceLtd

Market Cap: CN¥6.9b

Engages in the research and development, design, production, and sale of small household appliances under Bear brand name in China and internationally.

Tsingtao Brewery

Market Cap: CN¥73.5b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Huaibei Mining HoldingsLtd

Market Cap: CN¥35.2b

Primarily engages in coal mining, washing, processing, sales, and production of coal chemical products in China.

Converge Information and Communications Technology Solutions

Market Cap: ₱102.7b

Converge Information and Communications Technology Solutions, Inc.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥14.8b

Engages in the research, development, manufacturing, and sale of invasive medical devices in China and internationally.

Adairs

Market Cap: AU$354.7m

Operates as a specialty retailer of home furnishings, furniture, and decoration products in Australia and New Zealand.

Vikram Solar

Market Cap: ₹67.8b

Manufactures and sells solar photovoltaic modules/systems in India and internationally.

Guangdong Haid Group

Market Cap: CN¥88.3b

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