Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Future

Market Cap: JP¥177.4b

Provides IT consulting and services primarily in Japan.

Slide Insurance Holdings

Market Cap: US$2.4b

Engages in underwriting single family and condominium policies in the property and casualty industry in the United States.

World Kinect

Market Cap: US$1.3b

Operates as an energy management company in the United States, the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

NETGEAR

Market Cap: US$699.6m

Provides connectivity solutions the Americas; Europe, the Middle East, Africa; and the Asia Pacific.

Construtora Tenda

Market Cap: R$3.0b

Operates as a construction company in Brazil.

Thryv Holdings

Market Cap: US$265.8m

Provides digital marketing solutions and cloud-based tools to the small-to-medium-sized businesses in the United States.

Merchants Bancorp

Market Cap: US$1.5b

Operates as the diversified bank holding company in the United States.

Sword Group

Market Cap: €334.9m

Provides IT and software solutions.

Nido Education

Market Cap: AU$126.5m

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

China Mobile

Market Cap: HK$1.8t

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

Enovis

Market Cap: US$1.6b

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

Carlsberg

Market Cap: US$112.3b

Produces and markets beer and other beverage products in Denmark, China, the United Kingdom, and internationally.

Quanex Building Products

Market Cap: US$695.8m

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

China Construction Bank

Market Cap: US$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.

PTC

Market Cap: US$21.0b

Operates as software company in the Americas, Europe, and the Asia Pacific.

Iluka Resources

Market Cap: US$2.5b

Engages in the exploration, project development, mining, processing, marketing, and rehabilitation of mineral sands in Australia, China, rest of Asia, Europe, the Americas, and internationally.

ABM Industries

Market Cap: US$2.6b

Through its subsidiaries, engages in the provision of facility maintenance, engineering and infrastructure solutions in the United States and internationally.

Yalla Group

Market Cap: US$1.1b

Operates a social networking and gaming platform in the Middle East and North Africa region.

BYD Electronic (International)

Market Cap: US$75.6b

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.

Rayonier

Market Cap: US$3.4b

Rayonier is a leading timberland real estate investment trust with assets located in some of the most productive softwood timber growing regions in the United States.

EOG Resources

Market Cap: US$56.2b

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.

Coterra Energy

Market Cap: US$19.6b

An independent oil and gas company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States.

FinVolution Group

Market Cap: US$1.4b

An investment holding company, operates in the online consumer finance industry in the People’s Republic of China, Indonesia, and internationally.

DHT Holdings

Market Cap: US$2.0b

Through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, Norway, and India.

Zevra Therapeutics

Market Cap: US$499.4m

A commercial-stage company, focuses on addressing unmet needs for the treatment of rare diseases in the United States.

Beijing Urban Construction Investment & Development

Market Cap: CN¥9.3b

Beijing Urban Construction Investment & Development Co., Ltd.

Inspur Digital Enterprise Technology

Market Cap: HK$8.3b

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.

Curaleaf Holdings

Market Cap: US$2.9b

Produces and distributes cannabis products in the United States and internationally.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥43.9b

Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd.

Sangoma Technologies

Market Cap: US$229.3m

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

Horizon Construction Development

Market Cap: HK$3.5b

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

Hu Lane Associate

Market Cap: NT$14.9b

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

Capital Bancorp

Market Cap: US$470.5m

Operates as the bank holding company for Capital Bank, N.A.

C&D International Investment Group

Market Cap: HK$34.9b

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.

ICG

Market Cap: UK£5.9b

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