Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Bidvest Group

Market Cap: €79.8b

An investment holding company, engages in services, trading, and distribution businesses in South Africa and internationally.

AMG Critical Materials

Market Cap: US$1.2b

Develops, produces, and sells energy storage materials.

Intrum

Market Cap: €5.3b

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

Carnival Corporation &

Market Cap: €36.2b

A cruise company, provides leisure travel services in North America, Australia, Europe, and internationally.

Hollywood Bowl Group

Market Cap: UK£432.4m

Operates ten-pin bowling and mini-golf centers in the United Kingdom and Canada.

Perrigo

Market Cap: €1.4b

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

Prudential

Market Cap: UK£27.6b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.

Bertrandt

Market Cap: €175.0m

Provides engineering services.

GFT Technologies

Market Cap: €474.0m

Provides digital transformation services.

Hoenle

Market Cap: €58.4m

Develops, manufactures, and distributes industrial UV technologies and systems in Germany and internationally.

Aston Martin Lagonda Global Holdings

Market Cap: UK£436.2m

Engages in the design, development, manufacture, and marketing of luxury sports cars in the United Kingdom, the Americas, the Middle East, Africa, rest of Europe, and the Asia Pacific.

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.

Acrow

Market Cap: €282.0m

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

Kuaishou Technology

Market Cap: €264.9b

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

Grand Pharmaceutical Group

Market Cap: €25.1b

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.

Indofood Sukses Makmur

Market Cap: €52.9t

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

Havas

Market Cap: €1.6b

Provides communications and marketing services in France, the United Kingdom, rest of Europe, North America, Latin America, the Asia-Pacific, and Africa.

Science Applications International

Market Cap: €4.1b

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

PENN Entertainment

Market Cap: €1.8b

Provides integrated entertainment, sports content, and casino gaming experiences in the United States and internationally.

CEWE Stiftung KGaA

Market Cap: €672.3m

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

Reynolds Consumer Products

Market Cap: €4.6b

Produces and sells products in cooking, serving, cleanup, and storage, and tableware product categories in the United States and internationally.

Tongcheng Travel Holdings

Market Cap: €46.9b

An investment holding company, provides travel related services in the People’s Republic of China.

Robert Walters

Market Cap: €62.4m

Provides professional recruitment consultancy services worldwide.

Arnoldo Mondadori Editore

Market Cap: €516.7m

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

Yuexiu Transport Infrastructure

Market Cap: €7.4b

Invests in, constructs, develops, operates, and manages expressways and bridges in the People’s Republic of China.

Compagnie de Saint-Gobain

Market Cap: €36.3b

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

Delta Air Lines

Market Cap: €38.5b

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

Green Thumb Industries

Market Cap: €2.0b

Manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States.

American Integrity Insurance Group

Market Cap: €379.8m

Operates as an insurance company in the United States.

Premier Foods

Market Cap: UK£1.6b

Manufactures, distributes, and sells branded and own label food products in the United Kingdom, other European countries, and internationally.

Autoliv

Market Cap: €8.1b

Through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in the Americas, Europe, China, and Asia.

Champion Iron

Market Cap: US$2.6b

Engages in the acquisition, exploration, development, and production of iron ore properties in Canada.

Asahi Group Holdings

Market Cap: €2.3t

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

Cooper-Standard Holdings

Market Cap: €566.9m

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

Sangoma Technologies

Market Cap: US$206.6m

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