Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

BYD Electronic (International)

Market Cap: US$71.2b

An investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People’s Republic of China and internationally.

Skymark Airlines

Market Cap: €22.6b

Provides scheduled air transportation services.

FDJ United

Market Cap: €4.5b

Engages in the gaming operation and distribution business in France and internationally.

Sangoma Technologies

Market Cap: US$244.6m

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

Carlsberg

Market Cap: US$108.5b

Produces and markets beer and other beverage products in Denmark, China, the United Kingdom, and internationally.

GL Events

Market Cap: €796.4m

Provides integrated solutions and services for events in France and internationally.

Align Technology

Market Cap: €10.2b

Provides Invisalign clear aligners, Vivera retainers, and iTero intraoral scanners and services in the United States, Switzerland, and internationally.

Comcast

Market Cap: €99.7b

Operates as a media and technology company worldwide.

Andean Precious Metals

Market Cap: €956.9m

Engages in the acquisition, exploration, development, and processing of mineral resource properties in the United States.

ANTA Sports Products

Market Cap: €229.3b

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

Hikma Pharmaceuticals

Market Cap: €3.5b

Develops, manufactures, markets, and sells a range of generic, branded, and in-licensed pharmaceutical products.

On the Beach Group

Market Cap: €275.3m

Operates as an online retailer of short haul beach holidays under the On the Beach brand name in the United Kingdom.

Vallourec

Market Cap: €3.7b

Through its subsidiaries, provides tubular solutions for the oil and gas, industry, and new energies markets in Europe, North America, South America, Asia, the Middle East, and internationally.

GEO Group

Market Cap: €2.1b

The GEO Group, Inc. (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom.

Taylor Morrison Home

Market Cap: €5.9b

Operates as a land developer and homebuilder in the United States.

McBride

Market Cap: €227.8m

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.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥14.3b

Researches, develops, manufactures, and sells minimally invasive medical devices to hospitals and clinics worldwide.

Huaqin Technology

Market Cap: CN¥85.9b

Engages in the development, manufacturing, and operation service of software, hardware, systems for tech companies worldwide.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥11.7b

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

Chongqing Baiya Sanitary Products

Market Cap: CN¥8.9b

Chongqing Baiya Sanitary Products Co., Ltd.

Adairs

Market Cap: AU$319.2m

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

Beijing New Building Materials

Market Cap: CN¥43.0b

Manufactures and sells building materials in China and internationally.

China Mengniu Dairy

Market Cap: HK$56.4b

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

Gourmet Master

Market Cap: NT$10.9b

Operates and franchises chain stores in China, Taiwan, Hong Kong, the United States, and internationally.

Acrow

Market Cap: AU$329.3m

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

China Railway Group

Market Cap: CN¥126.2b

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

Anker Innovations

Market Cap: CN¥55.3b

Develops and sells mobile charging products.

Sanwa Holdings

Market Cap: JP¥834.5b

Through its subsidiaries, manufactures and sells construction materials for commercial and residential buildings in Japan, North America, Europe, and Asia.

Assetwise

Market Cap: ฿5.4b

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

Indofood Sukses Makmur

Market Cap: Rp62.6t

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

Yuan Long Ping High-Tech Agriculture

Market Cap: CN¥14.4b

Yuan Long Ping High-Tech Agriculture Co., Ltd.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.7b

Provides chemical supply chain solutions worldwide.

Aurelia Metals

Market Cap: AU$355.4m

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

Foxsemicon Integrated Technology

Market Cap: NT$30.5b

Engages in the research, development, design, manufacturing, and sale of semiconductor equipment subsystems and system integration in Taiwan, the United States, China, and internationally.

Tenaga Nasional Berhad

Market Cap: RM 76.4b

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