Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Compagnie de Saint-Gobain

Market Cap: €38.0b

Designs, manufactures, and distributes materials and solutions for the construction and industrial markets worldwide.

BRP

Market Cap: €5.8b

Designs, develops, manufactures, and sells powersports vehicles and marine products in the United States, Canada, Europe, Asia Pacific, Latin America, and internationally.

Asahi Group Holdings

Market Cap: €2.2t

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

Lithia Motors

Market Cap: €6.7b

Operates as an automotive retailer in the United States, the United Kingdom, and Canada.

Royal Caribbean Cruises

Market Cap: €73.8b

Operates as a cruise company worldwide.

Wells Fargo

Market Cap: €231.5b

A financial services company, provides diversified banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally.

Qiagen

Market Cap: US$6.8b

Provides sample to insight solutions that transform biological samples into molecular insights worldwide.

Man Wah Holdings

Market Cap: €17.0b

An investment holding company, engages in the manufacture and distribution of sofas and ancillary products in the People's Republic of China, Europe, Vietnam, Mexico, and internationally.

Oshkosh

Market Cap: US$8.6b

Provides purpose-built vehicles and equipment worldwide.

Euroseas

Market Cap: US$516.4m

Provides ocean-going transportation services worldwide.

Bosideng International Holdings

Market Cap: €50.0b

Engages in the apparel business in the People’s Republic of China.

DPM Metals

Market Cap: CA$10.5b

A gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals.

Slide Insurance Holdings

Market Cap: US$2.1b

Provides property and casualty insurance services in the United States.

PENN Entertainment

Market Cap: €2.1b

Provides integrated entertainment, sports content, and casino gaming experiences in the United States and internationally.

Red Rock Resorts

Market Cap: US$5.4b

Through its interest in Station Casinos LLC, develops and manages casino and entertainment properties in the United States.

Transcontinental

Market Cap: €469.4m

Engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, and internationally.

GFT Technologies

Market Cap: €550.9m

Provides digital transformation services.

Vetoquinol

Market Cap: €861.1m

A veterinary pharmaceutical company, designs, develops, and sells veterinary drugs and non-medicinal products for cattle, pigs, dogs, and cats in Europe, the Americas, and the Asia Pacific region.

Akzo Nobel

Market Cap: €8.6b

Produces and sells paints and coatings worldwide.

Konecranes

Market Cap: €6.4b

Manufactures, sells, and services material handling products in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

Amphastar Pharmaceuticals

Market Cap: US$837.8m

A bio-pharmaceutical company, develops, manufactures, markets, and sells generic and proprietary injectable, inhalation, and intranasal products in the United States, China, and France.

Japan Lifeline

Market Cap: €89.4b

A medical device company, engages in manufacturing and sale of medical device in Japan.

BRP

Market Cap: CA$5.8b

Designs, develops, manufactures, and sells powersports vehicles and marine products in the United States, Canada, Europe, Asia Pacific, Latin America, and internationally.

Bidvest Group

Market Cap: €78.7b

An investment holding company, engages in services, trading, and distribution businesses in South Africa and internationally.

China Aviation Oil (Singapore)

Market Cap: €1.7b

Trades in and supplies jet fuel to civil aviation industry worldwide.

Verastem

Market Cap: US$429.7m

A development-stage biopharmaceutical company, focuses on developing and commercializing drugs for the treatment of cancer in the United States.

Otis Worldwide

Market Cap: €28.7b

Engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally.

Globus Medical

Market Cap: €10.6b

Develops and commercializes healthcare solutions for patients with musculoskeletal disorders in the United States and internationally.

China Hongqiao Group

Market Cap: €328.3b

An investment holding company, manufactures and sells aluminum products in the People's Republic of China, India, Europe, Malaysia, North America, the rest of Southeast Asia, and internationally.

Arnoldo Mondadori Editore

Market Cap: €533.0m

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

Sangoma Technologies

Market Cap: US$191.7m

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

Banco Latinoamericano de Comercio Exterior S. A

Market Cap: US$2.0b

Banco Latinoamericano de Comercio Exterior, S.

Mears Group

Market Cap: €348.9m

Provides various outsourced services to the public and private sectors in the United Kingdom.

Ansell

Market Cap: €3.7b

Designs, sources, develops, manufactures, distributes, and sells hand and body protection solutions in the Asia Pacific, Europe, the Middle East, Africa, Latin America, the Caribbean, and North America.

Arcos Dorados Holdings

Market Cap: €1.9b

Operates as a franchisee of McDonald’s restaurants.