Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Compagnie de Saint-Gobain

Market Cap: €38.0b

Designs, manufactures, and distributes materials and solutions for the construction and industrial markets worldwide.

Bertrandt

Market Cap: €179.5m

Provides engineering services.

Brinker International

Market Cap: €6.1b

Owns, develops, operates, and franchises casual dining restaurants in the United States and internationally.

LKQ

Market Cap: US$8.2b

Engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories.

Travere Therapeutics

Market Cap: US$2.6b

A biopharmaceutical company, identifies, develops, and delivers therapies to people living with rare kidney and metabolic diseases in the United States.

Cardlytics

Market Cap: US$44.8m

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

China Tower

Market Cap: €190.7b

Provides telecommunication tower infrastructure services in the People's Republic of China.

China Construction Bank

Market Cap: US$2.1t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

Construtora Tenda

Market Cap: R$3.5b

Operates as a construction company in Brazil.

Intrum

Market Cap: €5.3b

Provides payment solutions, and credit and collection services in Europe and internationally.

Infinity Natural Resources

Market Cap: US$1.0b

Engages in the acquisition, exploration, and development of properties to produce oil, natural gas, and natural gas liquids from underground reservoirs in the United States.

Trisul

Market Cap: R$1.7b

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

Lithia Motors

Market Cap: €6.4b

Operates as an automotive retailer in the United States, the United Kingdom, and Canada.

Concentra Group Holdings Parent

Market Cap: US$3.0b

Provides occupational health services in the United States.

Cooper-Standard Holdings

Market Cap: €629.6m

Through its subsidiary, manufactures sealing systems and fluid handling systems in the North America, Europe, the Asia Pacific, and the South America.

TravelSky Technology

Market Cap: US$29.8b

Provides information technology (IT) solutions for the aviation and travel industries in the People’s Republic of China.

Highwood Asset Management

Market Cap: CA$70.8m

Together with its subsidiary, operates as an oil and gas exploration and production company in Canada.

Red Rock Resorts

Market Cap: US$6.1b

Through its interest in Station Casinos LLC, develops and manages casino and entertainment properties in the United States.

Semapa - Sociedade de Investimento e Gestão SGPS

Market Cap: €1.8b

Through its subsidiaries, produces and sells pulp, printing and writing papers, and tissues in Portugal, the rest of Europe, the United States, Africa, Asia, and Oceania.

Science Applications International

Market Cap: €4.3b

Provides technical, engineering, and enterprise information technology (IT) services in the United States.

Ernst Russ

Market Cap: €243.9m

A publicly owned investment manager.

Quanex Building Products

Market Cap: US$896.7m

Manufactures and distributes components for original equipment manufacturers (OEM) in the building products industry in the United States, Europe, Canada, Asia, and internationally.

MINISO Group Holding

Market Cap: €5.1b

An investment holding company, engages in the retail and wholesale of design-led lifestyle and pop toy products in Mainland China, the rest of Asia, North and Latin America, Europe, and internationally.

Geely Automobile Holdings

Market Cap: US$163.5b

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

Resolute Mining

Market Cap: US$3.3b

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

Angel Oak Mortgage REIT

Market Cap: US$215.3m

A real estate finance company, focuses on acquiring and investing in first lien non- qualified mortgage loans and other mortgage-related assets in the United States mortgage market.

ACI Worldwide

Market Cap: US$4.2b

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

Cheerwin Group

Market Cap: €3.0b

An investment holding company, manufactures and trades household insecticides and repellents, household cleaning, air care, personal care, pet stores and pet products, and other products in the People’s Republic of China.

Korn Ferry

Market Cap: US$3.3b

Engages in the provision of organizational consulting services worldwide.

Luckin Coffee

Market Cap: US$10.8b

Offers retail services of freshly brewed drinks, and pre-made food and beverage items in the People's Republic of China.

High Tide

Market Cap: US$298.7m

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

Perrigo

Market Cap: €1.6b

Provides over-the-counter health and wellness solutions in the United States, Europe, and internationally.

Valeura Energy

Market Cap: €1.2b

Engages in the exploration, development, and production of petroleum and natural gas in Thailand and in Turkey.

Yalla Group

Market Cap: US$1.1b

Operates a social networking and gaming platform in the Middle East and North Africa region.

Man Wah Holdings

Market Cap: €17.7b

An investment holding company, engages in the manufacture and distribution of sofas and ancillary products in the People's Republic of China, Europe, Vietnam, Mexico, and internationally.