Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

ACT Energy Technologies

Market Cap: CA$170.0m

Provides directional drilling services to oil and natural gas companies in Canada and the United States.

Surgery Partners

Market Cap: US$2.0b

Owns and operates a network of surgical facilities and ancillary services in the United States.

Talgo

Market Cap: €357.6m

Engages in design, manufacture, and maintenance of railway and auxiliary machinery for the maintenance of railway systems rolling stock worldwide.

DENTSPLY SIRONA

Market Cap: €2.1b

Develops, manufactures, and markets dental equipment supported by cloud-enabled solutions, dental products, and healthcare consumable products in urology and enterology worldwide.

HORNBACH Holding KGaA

Market Cap: €1.4b

Through its subsidiaries, develops and operates do-it-yourself (DIY) megastores with garden centers in Germany and other European countries.

Alaris Equity Partners Income Trust

Market Cap: €880.0m

A private equity firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, growth capital, and mature investments.

Wesdome Gold Mines

Market Cap: €3.1b

Wesdome Gold Mines Ltd. mines, develops, and explores for gold and silver deposits in Canada.

Lenovo Group

Market Cap: €130.2b

An investment holding company, develops, manufactures, and markets technology products and services.

MINISO Group Holding

Market Cap: €6.5b

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.

Compagnie de Saint-Gobain

Market Cap: €40.8b

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

NETGEAR

Market Cap: US$787.9m

Provides connectivity solutions the Americas; Europe, the Middle East, Africa; and the Asia Pacific.

Kuaishou Technology

Market Cap: €290.1b

An investment holding company, provides live streaming, online marketing, and other services in the People’s Republic of China.

Asahi Group Holdings

Market Cap: €2.6t

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

Rainbow Tours

Market Cap: €1.8b

Operates as a tour operator in Poland, the Czech Republic, Greece, Spain, Turkey, Slovakia, Lithuania, and internationally.

Barrett Business Services

Market Cap: US$912.2m

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

Lithia Motors

Market Cap: €7.1b

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

PayPal Holdings

Market Cap: Mex$58.8b

Operates a technology platform that enables digital payments for merchants and consumers worldwide.

Regional Management

Market Cap: €364.9m

A diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States.

Science Applications International

Market Cap: €4.1b

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

Spectrum Brands Holdings

Market Cap: €1.4b

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

Oshkosh

Market Cap: US$7.9b

Provides purpose-built vehicles and equipment worldwide.

China Mengniu Dairy

Market Cap: €57.8b

An investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People’s Republic of China and internationally.

Torex Gold Resources

Market Cap: US$6.1b

Operates as an intermediate gold producer.

Bertrandt

Market Cap: €183.9m

Provides engineering services.

Trican Well Service

Market Cap: CA$1.2b

An equipment services company, provides various products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells in Canada.

Suzano

Market Cap: R$58.5b

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

Arnoldo Mondadori Editore

Market Cap: €539.9m

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

Urban Outfitters

Market Cap: US$5.5b

Offers lifestyle products and services.

Delta Air Lines

Market Cap: €37.9b

Provides scheduled air transportation for passengers and cargo in the United States and internationally.

F5

Market Cap: US$13.5b

Provides multicloud application security and delivery solutions in the United States, Europe, the Middle East, Africa, and the Asia Pacific region.

Global Dominion Access

Market Cap: €485.9m

Provides integral services for business process efficiency and sustainability worldwide.

Blau Farmacêutica

Market Cap: R$2.2b

A pharmaceutical company provides drug products in Brazil, Argentina, Chile, Colombia, Uruguay, Ecuador, Peru, and the United States.

Kemira Oyj

Market Cap: €2.9b

Operates as a chemicals company in Finland, rest of Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

CEWE Stiftung KGaA

Market Cap: €667.3m

Operates as a photo service and online printing provider in Germany and internationally.

Robert Walters

Market Cap: €89.8m

Provides professional recruitment consultancy services worldwide.