Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Kuaishou Technology

Market Cap: €301.6b

An investment holding company, provides live streaming, online marketing, and other services in the People’s Republic of China.

Ernst Russ

Market Cap: €245.3m

A publicly owned investment manager.

q.beyond

Market Cap: €98.9m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥10.4b

Provides chemical supply chain solutions worldwide.

Aurelia Metals

Market Cap: AU$524.7m

Engages in the exploration and production of mineral properties in Australia.

Fosun International

Market Cap: HK$33.0b

Operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally.

Aeris Resources

Market Cap: AU$626.3m

Explores, produces, and sells precious metals in Australia.

Adairs

Market Cap: AU$324.5m

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

China Mengniu Dairy

Market Cap: HK$67.0b

An investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People’s Republic of China and internationally.

China Railway Group

Market Cap: CN¥127.8b

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

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥15.4b

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

Hansen Technologies

Market Cap: AU$937.4m

Engages in the development, integration, and support of billing and customer information systems.

Guangdong Haid Group

Market Cap: CN¥89.4b

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

Trajan Group Holdings

Market Cap: AU$99.2m

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.

C&D International Investment Group

Market Cap: HK$35.8b

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.

Sichuan Baicha Baidao Industrial

Market Cap: HK$9.9b

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

Bank BTPN Syariah

Market Cap: Rp9.6t

Provides various banking products and services in Indonesia.

Sanwa Holdings

Market Cap: JP¥811.9b

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

Anhui Expressway

Market Cap: CN¥23.2b

Engages in the construction, operation, management, and development of the toll roads and associated service sections in the People's Republic of China.

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥15.9b

Operates as contract development and manufacturing organization (CDMO) company in China and internationally.

Cheniere Energy

Market Cap: €46.4b

An energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States.

Econocom Group

Market Cap: €280.6m

Designs and develops digital solutions for public and private companies in Belgium and internationally.

q.beyond

Market Cap: €97.7m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

ICG

Market Cap: UK£4.9b

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

Premier Foods

Market Cap: UK£1.7b

Manufactures, distributes, and sells branded and own label food products in the United Kingdom, other European countries, and internationally.

Carmila

Market Cap: €2.4b

As the third-largest listed owner of commercial property in Europe, Carmila was founded by Carrefour and large institutional investors in order to enhance the value of shopping centres adjoining Carrefour hypermarkets in France, Spain and Italy.

Housing and Development Bank- Egypt (S.A.E)

Market Cap: ج.م51.5b

Together with its, provides corporate and retail banking services in Egypt.

Accenture

Market Cap: €145.7b

Provides strategy and consulting, industry X, song, and technology and operation services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Hollywood Bowl Group

Market Cap: UK£440.5m

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

Cardlytics

Market Cap: US$50.5m

Operates an advertising platform in the United States and the United Kingdom.

FRP Advisory Group

Market Cap: UK£327.4m

Provides business advisory services to companies, lenders, investors, individuals, and other stakeholders in the United Kingdom.

KBR

Market Cap: US$5.6b

Provides scientific, technology, and engineering solutions to governments and commercial customers worldwide.

Inseego

Market Cap: US$164.9m

Engages in the design and development of cloud-managed wireless wide area network (WAN) and intelligent edge solutions for businesses, consumers, and governments in the United Stated, Europe, and internationally.

Grupa Pracuj

Market Cap: zł2.9b

Operates HR technology platform in Poland, Ukraine, and Germany.

Capgemini

Market Cap: €19.1b

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.