Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Cardlytics

Market Cap: US$50.4m

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

Dell Technologies

Market Cap: US$77.9b

Designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally.

Accenture

Market Cap: US$138.0b

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

NetEase

Market Cap: US$588.3b

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.

Rithm Capital

Market Cap: US$5.9b

Operates as an asset manager focused on real estate, credit, and financial services in the United States.

AXA

Market Cap: €75.1b

Through its subsidiaries, insurance, asset management, and banking services worldwide.

Tourism Holdings

Market Cap: NZ$510.7m

Operates as a tourism company worldwide.

LHN

Market Cap: S$297.0m

An investment holding company, engages in space optimization, property development, facilities management services, and energy businesses in Singapore, Hong Kong, Myanmar, Indonesia, and Cambodia.

Nido Education

Market Cap: AU$106.9m

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

IRB Infrastructure Developers

Market Cap: ₹265.8b

Engages in the infrastructure development business in India.

Sasseur Real Estate Investment Trust

Market Cap: S$860.1m

Invests in a portfolio of real estate and related assets.

Lucky Harvest

Market Cap: CN¥9.2b

Engages in the research, development, production, and sale of precision stamping dies and structural metal parts in China.

C&D International Investment Group

Market Cap: HK$34.7b

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$9.7b

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

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥40.4b

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

Sinoma International EngineeringLtd

Market Cap: CN¥27.8b

Engages in the engineering, equipment manufacture and supply, and other businesses in China and internationally.

Trajan Group Holdings

Market Cap: AU$98.4m

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.

Chongqing Baiya Sanitary Products

Market Cap: CN¥9.2b

Chongqing Baiya Sanitary Products Co., Ltd.

Jinzai Food GroupLtd

Market Cap: CN¥5.0b

Engages in the research, development, production, and sale of snack foods in China and internationally.

Summerset Group Holdings

Market Cap: AU$2.6b

Develops, owns, and operates integrated retirement villages in New Zealand and Australia.

Middle East Healthcare

Market Cap: ر.س3.3b

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

Tokai Carbon

Market Cap: JP¥218.5b

Manufactures and sells carbon-related products and services in Japan.

Resolute Mining

Market Cap: UK£3.1b

Engages in mining, prospecting, and exploration of mineral properties in Africa.

74Software

Market Cap: €790.2m

Operates as a software company in France.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥10.2b

Provides chemical supply chain solutions worldwide.

ICG

Market Cap: UK£4.9b

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

Guangdong Haid Group

Market Cap: CN¥88.3b

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

Centurion

Market Cap: S$1.3b

Owns, develops, and manages workers and student accommodation assets in Singapore, Malaysia, Australia, the United Kingdom, and internationally.

Industrial Bank

Market Cap: CN¥391.3b

Provides banking products and services in the People’s Republic of China.

EVS Broadcast Equipment

Market Cap: €462.9m

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

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.

Sanwa Holdings

Market Cap: JP¥824.6b

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

Stanmore Resources

Market Cap: AU$2.3b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

Indofood Sukses Makmur

Market Cap: Rp58.6t

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

Hansen Technologies

Market Cap: AU$902.7m

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