Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

C&A Modas

Market Cap: R$3.6b

Operates as a fashion retailer for women, men, and children in Brazil and internationally.

Bidvest Group

Market Cap: €77.8b

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

Enovis

Market Cap: €1.2b

A medical technology company, focuses on developing clinically differentiated solutions in the United States and internationally.

Pepper Money

Market Cap: €786.1m

Operates as a non-bank lender in the mortgage and asset finance markets in Australia and New Zealand.

Sangoma Technologies

Market Cap: US$182.7m

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

Sword Group

Market Cap: €288.2m

Provides IT and software solutions.

MCNEX

Market Cap: ₩358.0b

Manufactures and sells camera modules in South Korea and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥26.3b

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

PTC

Market Cap: US$16.4b

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

ING Groep

Market Cap: €62.5b

Provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally.

Enovis

Market Cap: US$1.2b

A medical technology company, focuses on developing clinically differentiated solutions in the United States and internationally.

Inspur Digital Enterprise Technology

Market Cap: HK$3.6b

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.

COLTENE Holding

Market Cap: CHF 277.6m

Develops, manufactures, and sells disposables, tools, and equipment for dentists and dental laboratories in Europe, the Middle East, Africa, North America, Latin America, and Asia/Oceania.

Atalaya Mining Copper

Market Cap: €1.1b

Engages in the mineral exploration and development in Spain.

Hoenle

Market Cap: €50.1m

Develops, manufactures, and distributes industrial UV technologies and systems in Germany and internationally.

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥5.3b

Produces and sells solid content, water-based solvent free, and special function coating products in China.

Prudential

Market Cap: HK$26.0b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.

Yuan Long Ping High-Tech Agriculture

Market Cap: CN¥14.6b

Yuan Long Ping High-Tech Agriculture Co., Ltd.

Samsonite Group

Market Cap: HK$21.0b

Engages in the design, manufacture, sourcing, and distribution of luggage, business and computer bags, outdoor and casual bags, and travel accessories in Asia, North America, Europe, and Latin America.

China Aviation Oil (Singapore)

Market Cap: S$1.8b

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

Fibra UNO

Market Cap: Mex$107.2b

Fibra Uno is the first and largest REIT in the Mexican market.

Regis Resources

Market Cap: US$4.7b

Engages in the exploration, evaluation, and development of gold projects in Australia.

Metcash

Market Cap: AU$3.3b

Operates as a wholesale distribution and marketing company in Australia.

Aux Electric

Market Cap: HK$14.6b

Engages in the manufacturing, sales, and marketing of air conditioners.

High Tide

Market Cap: US$276.0m

Engages in the cannabis retail business in Canada, the United States, and internationally.

Transcontinental

Market Cap: €456.1m

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

Lundin Mining

Market Cap: SEK 27.4b

A diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, Brazil, and Argentina.

Elior Group

Market Cap: €604.0m

Provides contract catering and support services in France, Europe, North America, and India.

Pharming Group

Market Cap: €975.0m

A biopharmaceutical company, develops and commercializes protein replacement therapies and precision medicines for the treatment of rare diseases in the United States, Europe, and internationally.

Trisul

Market Cap: R$1.3b

Engages in the construction and development of real estate properties in Brazil.

Lavvi Empreendimentos Imobiliários

Market Cap: R$2.7b

Develops and builds residential and non-residential properties primarily in Brazil.

Suzano

Market Cap: R$62.3b

Manufactures and sells pulp and paper products in Brazil and internationally.

INDUS Holding

Market Cap: €664.7m

A private equity firm specializing in mergers and acquisitions and corporate spin-offs.

Montea Comm. VA

Market Cap: €1.5b

A listed real estate company under Belgian law that specializes in logistics property in Belgium, the Netherlands, France, and Germany.

Sabre

Market Cap: US$600.7m

Operates as a software and technology company for the travel industry in the United States, Europe, Asia-Pacific, and internationally.