Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

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.

Anheuser-Busch InBev

Market Cap: €105.9b

Produces, distributes, exports, markets, and sells beer in North America, Middle Americas, South America, Europe, the Middle East, Africa, and the Asia Pacific.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥8.9b

Manufactures and sells steel structures and supporting products in China and internationally.

Monash IVF Group

Market Cap: AU$261.1m

Engages in the provision of assisted reproductive and specialist women imaging services in Australia and Malaysia.

Proya CosmeticsLtd

Market Cap: CN¥36.2b

A beauty and personal care company, researches, develops, produces, and sells cosmetics in China.

Acrow

Market Cap: AU$312.6m

Provides smart integrated construction systems across formwork, industrial services, and commercial scaffolding in Australia.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥8.9b

Manufactures and sells steel structures and supporting products in China and internationally.

Proya CosmeticsLtd

Market Cap: CN¥36.2b

A beauty and personal care company, researches, develops, produces, and sells cosmetics in China.

Assetwise

Market Cap: ฿5.3b

Engages in property development and other real estate activities in Thailand.

Horizon Construction Development

Market Cap: HK$4.5b

Operates as an investment holding company that provides equipment operation services in the People's Republic of China.

Indofood Sukses Makmur

Market Cap: Rp67.6t

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

CLIO CosmeticsLtd

Market Cap: ₩258.3b

Provides makeup products in South Korea and internationally.

Chorus Aviation

Market Cap: US$555.7m

Through its subsidiaries, provides aviation services.

Tsingtao Brewery

Market Cap: HK$87.7b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Beijing Urban Construction Investment & Development

Market Cap: CN¥10.6b

Beijing Urban Construction Investment & Development Co., Ltd.

Hu Lane Associate

Market Cap: NT$16.7b

Engages in manufacture and sale of terminal devices, terminal crimping, industrial rubber, and plastic products in Taiwan.

Trajan Group Holdings

Market Cap: AU$141.7m

Develops, manufactures, sells, and distributes analytical and life science products and devices in Australia, New Zealand, Malaysia, Japan, the United States, Europe, the Middle East, Africa, and India.

Sasseur Real Estate Investment Trust

Market Cap: S$882.1m

Invests in a portfolio of real estate and related assets.

Sinoma International EngineeringLtd

Market Cap: CN¥24.7b

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

Jinzai Food GroupLtd

Market Cap: CN¥6.0b

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

Bethel Automotive Safety Systems

Market Cap: CN¥32.7b

Develops, manufactures, and sells automotive safety systems and advanced driver assistance systems in China.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥33.0b

Manufactures and sells power distribution and utilization systems in China and internationally.

Ningbo Deye Technology Group

Market Cap: CN¥54.2b

Engages in the production and sales of heat exchangers, inverters, and dehumidifiers in South Africa, Brazil, Hongkong, Germany, India, and internationally.

Bangchak Corporation

Market Cap: ฿45.1b

Engages in the refining and marketing of petroleum products in Thailand, Singapore, Norway, Korea, Laos, and internationally.

WemadeLtd

Market Cap: ₩971.9b

Develops and publishes games in South Korea and internationally.

Worley

Market Cap: AU$6.5b

Provides professional services to energy, chemicals, and resources sectors worldwide.

Shenzhen Fuanna Bedding and FurnishingLtd

Market Cap: CN¥6.2b

Engages in the research and development, design, production, and sale of textile home furnishing, sleep home furnishing, and living products in China and internationally.

DIO

Market Cap: ₩229.6b

Manufactures and sells dental implants in South Korea and internationally.

Beijing New Building Materials

Market Cap: CN¥46.1b

Manufactures and sells building materials in China and internationally.

Tenaga Nasional Berhad

Market Cap: RM 78.3b

Engages in the generation, transmission, distribution, and sale of electricity in Malaysia, the United Kingdom, Kuwait, the Republic of Ireland, Australia, and internationally.

Aeon (M) Bhd

Market Cap: RM 1.8b

Operates and manages a retail chain of departmental stores and supermarkets in Malaysia.

MOIL

Market Cap: ₹66.2b

Engages in the exploration, development, and marketing of various grades of manganese ores in India.

Shenzhen Fuanna Bedding and FurnishingLtd

Market Cap: CN¥6.2b

Engages in the research and development, design, production, and sale of textile home furnishing, sleep home furnishing, and living products in China and internationally.

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.

LX Semicon

Market Cap: ₩878.3b

Operates as a semiconductor company in South Korea, China, Vietnam, Taiwan, Japan, and internationally.