Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Beijing New Building Materials

Market Cap: CN¥40.4b

Manufactures and sells building materials in China and internationally.

Guangdong Haid Group

Market Cap: CN¥95.5b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

Worley

Market Cap: AU$7.2b

Provides professional services to the energy, chemicals, and resources sectors in the Americas, Europe, the Middle East, Africa, Australia, the Asia Pacific, and China.

Livzon Pharmaceutical Group

Market Cap: CN¥30.7b

Researches, develops, produces, exports, and sells pharmaceutical products, and active pharmaceutical ingredients and intermediates in the People’s Republic of China.

Shenzhen Transsion Holdings

Market Cap: CN¥88.4b

Provides smart devices and mobile services in Africa, South and Southeast Asia, the Middle East, Latin America, and internationally.

Stanmore Resources

Market Cap: AU$1.9b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.4b

Provides chemical supply chain solutions worldwide.

Anhui Conch Cement

Market Cap: CN¥122.2b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

China Railway Group

Market Cap: CN¥134.0b

Operates as a multi-functional integrated construction company in Mainland China and internationally.

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥12.3b

Engages in the manufacture and sale of pharmaceutical raw materials, and food and feed additives under the Star Lake and Yue Bao brand names in China and internationally.

Middle East Healthcare

Market Cap: ر.س4.9b

A healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Middle East and North Africa.

Industrial Bank

Market Cap: CN¥439.3b

Provides banking services in the People’s Republic of China.

Ganyuan Foods

Market Cap: CN¥5.1b

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

Micro-Star International

Market Cap: NT$91.2b

Engages in the manufacture and sale of motherboards, interface cards, notebook computers, and other electronic products in Asia, Europe, the United States, and internationally.

Adairs

Market Cap: AU$381.3m

Operates as a specialty retailer of home furnishings, furniture, and decoration products in Australia and New Zealand.

Sinoma International EngineeringLtd

Market Cap: CN¥25.1b

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

IPH

Market Cap: AU$938.7m

Provides intellectual property (IP) services and products.

Monash IVF Group

Market Cap: AU$274.7m

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

Proya CosmeticsLtd

Market Cap: CN¥30.1b

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

China Overseas Property Holdings

Market Cap: HK$16.1b

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

China Mengniu Dairy

Market Cap: HK$56.0b

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

Trajan Group Holdings

Market Cap: AU$122.8m

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

Aurelia Metals

Market Cap: AU$423.1m

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

C&D International Investment Group

Market Cap: HK$38.0b

An investment holding company, engages in the property development, real estate industry chain investment services, and industry investment activities in the People’s Republic of China.

China Resources Land

Market Cap: HK$209.8b

An investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China.

Raydium Semiconductor

Market Cap: NT$18.5b

Engages in the design, development, and sale of display drivers, sequential control, and power management integrated circuit (IC) products in China, Hong Kong, Taiwan, and internationally.

Hu Lane Associate

Market Cap: NT$15.9b

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

CTO Realty Growth

Market Cap: €532.0m

A publicly traded real estate investment trust that owns and operates a portfolio of high-quality, retail-based properties located primarily in higher growth markets in the United States.

Koenig & Bauer

Market Cap: €223.7m

Develops and manufactures printing and postprint systems worldwide.

Delta Air Lines

Market Cap: CHF 38.9b

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

Maisons du Monde

Market Cap: €77.0m

Through its subsidiaries, provides home and living room related products in France and internationally.

DNO

Market Cap: NOK 12.7b

Engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa.

Compagnie de Saint-Gobain

Market Cap: €44.2b

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

Barrett Business Services

Market Cap: US$1.1b

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

Koenig & Bauer

Market Cap: €223.7m

Develops and manufactures printing and postprint systems worldwide.