Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

BFF Bank

Market Cap: €1.8b

Engages in non-recourse factoring and credit management activities towards public administration bodies and private hospitals in Italy, Croatia, the Czech Republic, France, Greece, Poland, Portugal, Slovakia, and Spain.

TAKKT

Market Cap: €244.9m

Operates as a B2B direct marketing company for business equipment in Europe and North America.

ANTA Sports Products

Market Cap: €224.3b

Engages in the research, design, development, manufacture, market, and sale of professional sports footwear, apparel, and accessories in China and internationally.

Arnoldo Mondadori Editore

Market Cap: €560.7m

Engages in publishing of books and magazines in Italy, rest of Europe, and the United States.

Blue Bird

Market Cap: US$1.6b

Designs, engineers, manufactures, and sells school buses in the United States, Canada, and internationally.

Intertek Group

Market Cap: US$7.1b

Provides quality assurance solutions to various industries in the United Kingdom, the United States, China, Australia, and internationally.

Cardlytics

Market Cap: US$69.7m

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

Open Text

Market Cap: €8.3b

Designs, develops, markets, and sells information management software and solutions in North, Central, and South America, Europe, the Middle East, Africa, Australia, Japan, Singapore, India, and China.

Sangoma Technologies

Market Cap: US$219.4m

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

Bank7

Market Cap: €404.4m

Operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers.

Grand Pharmaceutical Group

Market Cap: €27.4b

An investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical preparations and medical devices, biotechnology and healthcare products, and pharmaceutical raw materials.

American Integrity Insurance Group

Market Cap: €386.8m

Operates as an insurance company.

Spectrum Brands Holdings

Market Cap: €1.5b

Operates as a branded consumer products and home essentials company in North America, Europe, the Middle East, Africa, Latin America, and Asia-Pacific regions.

Enovis

Market Cap: €1.5b

Operates as a medical technology company focus on developing clinically differentiated solutions in the United States and internationally.

Ernst Russ

Market Cap: €262.8m

A publicly owned investment manager.

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.

United Natural Foods

Market Cap: €2.1b

Engages in the distribution of natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada.

Skymark Airlines

Market Cap: €22.4b

Provides scheduled air transportation services.

Barrett Business Services

Market Cap: US$993.7m

Provides business management solutions for small and mid-sized companies in the United States.

Thryv Holdings

Market Cap: US$244.5m

Provides digital marketing solutions and cloud-based tools to the small-to-medium-sized businesses in the United States.

Robert Walters

Market Cap: €91.8m

Provides professional recruitment consultancy services worldwide.

Flowers Foods

Market Cap: €2.2b

Produces and markets packaged bakery food products in the United States.

Sanofi

Market Cap: €98.0b

Engages in the research, development, manufacture, and marketing of therapeutic solutions.

Bosideng International Holdings

Market Cap: €50.9b

Engages in the apparel business in the People’s Republic of China.

Asahi Group Holdings

Market Cap: €2.4t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Beazley

Market Cap: €4.8b

Provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally.

Indofood Sukses Makmur

Market Cap: €58.8t

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

Valeura Energy

Market Cap: €890.7m

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

Northern Oil and Gas

Market Cap: €2.2b

An independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States.

McBride

Market Cap: €249.6m

Manufactures and sells private label household and personal care products to retailers and brand owners in the United Kingdom, Germany, France, Italy, Spain, rest of Europe, the Asia-Pacific, and internationally.

Ping An Bank

Market Cap: CN¥220.5b

Provides commercial banking products and services for individual and corporate customers, government agencies, institutions, and other small businesses in China and internationally.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥44.1b

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

Aurelia Metals

Market Cap: AU$490.8m

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

China Overseas Property Holdings

Market Cap: HK$15.5b

An investment holding company, provides property management services in Hong Kong, Macau, and Mainland China.

Hangzhou Binjiang Real Estate GroupLtd

Market Cap: CN¥30.8b

Provides real estate development services in China.