Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Ernst Russ

Market Cap: €283.7m

A publicly owned investment manager.

Talgo

Market Cap: €369.1m

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

HORNBACH Holding KGaA

Market Cap: €1.3b

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

Valmet Oyj

Market Cap: €4.1b

Develops and supplies process technologies, automation, and services for the pulp, paper, and energy industries in North America, Latin America, EMEA, China, and Asia-Pacific.

Acrow

Market Cap: €274.2m

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

Forward Air

Market Cap: €678.7m

Operates as an asset-light freight and logistics company in the United States, Mexico, Europe, Asia, and Canada.

Wienerberger

Market Cap: €2.7b

Produces and sells clay blocks, facing bricks, roof tiles, and ceramic pavers in Europe West, Europe East, and North America.

Suzano

Market Cap: R$55.4b

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

Sanofi

Market Cap: €96.4b

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

Sword Group

Market Cap: €294.9m

Provides IT and software solutions in Luxembourg, Europe, and Asia.

Tecan Group

Market Cap: CHF 1.5b

Provides laboratory instruments and solutions in biopharmaceuticals, forensics, and clinical diagnostics in Europe, North America, Asia, and internationally.

Andean Precious Metals

Market Cap: €953.4m

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

Corebridge Financial

Market Cap: €13.0b

Provides retirement solutions and insurance products in the United States.

A. O. Smith

Market Cap: €8.8b

Manufactures and markets residential and commercial gas and electric water heaters, boilers, heat pumps, tanks, and water treatment products in North America, China, Europe, and India.

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.

Regis Resources

Market Cap: €5.2b

Engages in the exploration, evaluation, and development of gold projects in Australia.

Pollard Banknote

Market Cap: €487.2m

Engages in the manufacture and sale of lottery and charitable gaming products and solutions in the United States, Canada, and internationally.

Champion Iron

Market Cap: US$2.6b

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

CellaVision

Market Cap: SEK 2.9b

Develops and sells instruments, software, and reagents for blood and body fluids analysis in Sweden and internationally.

Alpha Bank

Market Cap: €7.7b

Provides various banking and financial products and services in Greece and internationally.

Pepper Money

Market Cap: €774.9m

Operates as a non-bank lender in the mortgage and asset finance markets in Australia and New Zealand.

Rainbow Tours

Market Cap: €2.0b

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

ProCredit Holding

Market Cap: €481.8m

Provides commercial banking products and services for small and medium enterprises and private clients in Europe, South America, and Germany.

Ansell

Market Cap: €3.7b

Designs, sources, develops, manufactures, distributes, and sells hand and body protection solutions in the Asia Pacific, Europe, the Middle East, Africa, Latin America, the Caribbean, and North America.

Atos

Market Cap: €640.6m

Provides digital transformation solutions and services in France and internationally.

Brinker International

Market Cap: €6.4b

Owns, develops, operates, and franchises casual dining restaurants in the United States and internationally.

Sleep Cycle

Market Cap: €311.1m

Engages in the development of sleep analysis applications in Sweden and internationally.

Westwing Group

Market Cap: €246.3m

Operates as an e-commerce retailer in the home and living sector.

Alcoa

Market Cap: €16.5b

Engages in the bauxite mining, alumina refining, aluminum production, and energy generation business in Australia, Brazil, Canada, Iceland, Norway, Spain, the United States, and internationally.

Perrigo

Market Cap: €1.6b

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

NetEase

Market Cap: €571.1b

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.

GE HealthCare Technologies

Market Cap: €27.1b

Engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally.

Grupa Pracuj

Market Cap: €3.1b

Operates HR technology platform in Poland, Ukraine, and Germany.

Equasens Société anonyme

Market Cap: €563.7m

Provides healthcare IT solutions in Europe.

China Yuchai International

Market Cap: €1.5b

Manufactures, assembles, and sells diesel and natural gas engines for trucks, buses, pickups, construction and agricultural equipment, and marine and power generation applications.