Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

China Overseas Property Holdings

Market Cap: HK$15.6b

An investment holding company, provides property management services in Hong Kong, Macau, and Mainland China.

Tsingtao Brewery

Market Cap: CN¥73.9b

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

Srisawad Corporation

Market Cap: ฿35.1b

Provides financial services in Thailand and internationally.

Guangdong Haid Group

Market Cap: CN¥87.4b

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

Emaar Properties PJSC

Market Cap: د.إ129.5b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

Indofood Sukses Makmur

Market Cap: Rp58.8t

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

IRB Infrastructure Developers

Market Cap: ₹247.1b

Engages in the infrastructure development business in India.

China National Building Material

Market Cap: HK$37.9b

An investment holding company, engages in building material, new materials, and engineering technical services businesses.

China Railway Group

Market Cap: CN¥129.4b

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

Beijing New Building Materials

Market Cap: CN¥43.6b

Manufactures and sells building materials 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.

Horizon Construction Development

Market Cap: HK$3.3b

Operates as an investment holding company that provides equipment operation services in the People's Republic of China.

C&D International Investment Group

Market Cap: HK$32.9b

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.

Shenzhen Transsion Holdings

Market Cap: CN¥78.1b

Provides smart devices and mobile services in Africa, South and Southeast Asia, the Middle East, Latin America, and internationally.

Trajan Group Holdings

Market Cap: AU$105.3m

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.

Shanghai Zhonggu Logistics

Market Cap: CN¥21.2b

Provides container shipping services in China.

Jinneng Holding Shanxi Coal Industryltd

Market Cap: CN¥24.2b

Engages in the production and sales of coal in China.

Longfor Group Holdings

Market Cap: HK$63.7b

An investment holding company, engages in the property development, commercial investment, asset management, property management, and smart construction businesses in the People’s Republic of China.

Acrow

Market Cap: AU$328.5m

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

Jiang Zhong PharmaceuticalLtd

Market Cap: CN¥14.3b

Engages in the manufacture of pharmaceutical products in China.

Grand Pharmaceutical Group

Market Cap: HK$27.4b

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.

Hoa Phat Group

Market Cap: ₫209.2t

Produces and sells steel products in Vietnam.

REC

Market Cap: ₹966.1b

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

Assetwise

Market Cap: ฿5.4b

Engages in property development and other real estate activities in Thailand.

China Mobile

Market Cap: HK$1.8t

Provides telecommunications and information related services in Mainland China and Hong Kong.

Geely Automobile Holdings

Market Cap: CN¥186.5b

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

Inspur Digital Enterprise Technology

Market Cap: HK$7.5b

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.

Sanofi

Market Cap: €98.0b

Engages in the research, development, manufacture, and marketing of therapeutic solutions.

Kaufman & Broad

Market Cap: €589.3m

Operates as a property developer and builder in France.

Hollywood Bowl Group

Market Cap: UK£461.3m

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

ICG

Market Cap: UK£5.8b

A private equity firm specializing in direct and fund of fund investments.

TAKKT

Market Cap: €244.9m

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

EVS Broadcast Equipment

Market Cap: €495.0m

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

ME Group International

Market Cap: UK£538.6m

Operates, sells, and services a range of instant-service equipment in the United Kingdom.

Aalberts

Market Cap: €3.1b

Offers mission-critical technologies for building, industry, and semicon markets in Europe, the United States, the Asia Pacific, the Middle East, and Africa.