Global Potentially Undervalued Companies

China Foods

Market Cap: HK$7.8b

An investment holding company, manufactures, distributes, markets, and sells Coca-Cola series products in the People’s Republic of China.

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Magna Mining

Market Cap: US$333.8m

Engages in the acquisition, exploration, and development of mineral properties in Canada.

Middle East Healthcare

Market Cap: ر.س5.3b

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

M.P. Evans Group

Market Cap: €536.5m

Through its subsidiaries, owns and develops oil palm plantations in Indonesia and Malaysia.

Diebold Nixdorf

Market Cap: US$1.9b

Engages in the automating, digitizing, and transforming the way people bank and shop worldwide.

Lenovo Group

Market Cap: €113.3b

An investment holding company, develops, manufactures, and markets technology products and services.

Cenovus Energy

Market Cap: US$33.6b

Develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and China.

Robert Walters

Market Cap: €140.1m

Provides professional recruitment consultancy services worldwide.

Arnoldo Mondadori Editore

Market Cap: €565.9m

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

TotalEnergies

Market Cap: €115.6b

A multi-energy company, produces and markets oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables, and electricity in France, rest of Europe, and internationally.

Exxaro Resources

Market Cap: R36.3b

Engages in coal, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Asia, and internationally.

Trican Well Service

Market Cap: CA$805.3m

An equipment services company, provides various products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells in Canada.

DEME Group

Market Cap: €3.5b

Provides marine solutions in the fields of offshore energy, dredging, marine infrastructure, and environmental works in Belgium, Europe, Africa, the United States, Asia, Oceania, and the Middle East.

Kenmare Resources

Market Cap: UK£356.9m

Engages in the production and sale of mineral sand products in China, rest of Asia, Europe, the United States, and internationally.

MCNEX

Market Cap: ₩439.0b

Manufactures and sells camera modules in South Korea and internationally.

Hyosung TNC

Market Cap: ₩1.1t

Manufactures and sells fiber in South Korea and internationally.

Innocean Worldwide

Market Cap: ₩734.4b

Provides marketing and communications services in the Americas, Europe, Asia, Oceania, the Middle East, and internationally.

Cheil Worldwide

Market Cap: ₩1.9t

Provides various marketing solutions worldwide.

Coca-Cola Içecek Anonim Sirketi

Market Cap: ₺148.4b

Engages in the production, sales, and distribution of sparkling and still beverages in Turkey, Pakistan, Central Asia, and the Middle East.

Adaro Minerals Indonesia

Market Cap: Rp42.1t

Engages in metallurgical coal mining business in Indonesia.

WemadeLtd

Market Cap: ₩929.2b

Develops and publishes games in South Korea and internationally.

Seojin SystemLtd

Market Cap: ₩1.3t

Provides telecom equipment, repeaters, mechanical products, and LED and other equipment.

Vetoquinol

Market Cap: €856.4m

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

Capgemini

Market Cap: €25.6b

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.

SergeFerrari Group

Market Cap: €60.1m

Designs, develops, manufactures, and markets composite materials for lightweight architectural and outdoor applications in France and internationally.

Zijin Mining Group

Market Cap: US$515.4b

A mining company, engages in the exploration, mining, processing, refining, and sale of gold, non-ferrous metals, and other mineral resources in Mainland China and internationally.

Casta Diva Group

Market Cap: €25.5m

Operates as a communication company in Italy and internationally.

Geely Automobile Holdings

Market Cap: US$180.9b

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

CENIT

Market Cap: €76.3m

Operates as an IT consultancy and software company that serves manufacturing and financial services industries in Germany, Austria, Switzerland, North America, Romania, France, Belgium, the Netherlands, and China.

Esprinet

Market Cap: €189.9m

Engages in the wholesale distribution of information technology (IT) products and consumer electronics in Italy, Spain, Portugal, and rest of Europe.

ACI Worldwide

Market Cap: US$5.0b

Develops, markets, installs, and supports software products and services for facilitating electronic payments in the United States and internationally.

Aica Kogyo Company

Market Cap: €228.5b

Develops, produces, and sells chemical products, and laminates and building materials in Japan and internationally.

Inter Cars

Market Cap: zł7.8b

Distributes spare parts for passenger cars and trucks.

Otsuka Holdings

Market Cap: €3.6t

Engages in the pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide.

Sanofi

Market Cap: €107.7b

A healthcare company, engages in the research, development, manufacture, and marketing of therapeutic solutions in the United States, Europe, and internationally.