Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Sanofi

Market Cap: €103.4b

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

Gecina

Market Cap: €5.9b

A leading operator, that fully integrates all real estate expertise, owning, managing, and developing a unique prime portfolio valued at €17.0bn as at June 30, 2025.

BAE Systems

Market Cap: €49.8b

Provides defense, aerospace, and security solutions in the United States, the United Kingdom, the Middle East, Australia, Japan, Europe, and internationally.

q.beyond

Market Cap: €86.7m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

United Bank for Africa

Market Cap: ₦1.6t

Primarily provides corporate, commercial, and retail banking services in Nigeria, rest of Africa, and internationally.

Kardemir Karabük Demir Çelik Sanayi Ve Ticaret

Market Cap: ₺28.6b

Kardemir Karabük Demir Çelik Sanayi ve Ticaret A.S.

Austriacard Holdings

Market Cap: €201.3m

Operates as a technology company in the fields of people, authentication of object, and information management in Western Europe, Nordics, the Americas, Central and Eastern Europe, Germany, Austria, Switzerland, Türkiye, the Middle East, and Africa.

Quanex Building Products

Market Cap: US$623.1m

Provides components for the fenestration industry in the United States, Europe, Canada, Asia, and internationally.

Prosegur Cash

Market Cap: €928.8m

Provides integrated cash cycle management solutions and automating payments in retail establishments and ATM management for financial institutions, retail establishments, business, government agencies, central banks, mints, and jewellery stores in Europe, LATAM, and internationally.

Silgan Holdings

Market Cap: US$4.1b

Manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally.

MINISO Group Holding

Market Cap: €5.9b

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.

Beazley

Market Cap: €4.6b

Provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally.

LKQ

Market Cap: US$7.4b

Engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories.

Euroseas

Market Cap: US$437.7m

Provides ocean-going transportation services worldwide.

Cheniere Energy

Market Cap: €44.7b

An energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States.

Aspen Pharmacare Holdings

Market Cap: €42.1b

Manufactures and markets specialty and branded pharmaceutical products in Africa, the Middle East, the Americas, Europe CIS, Australasia, and Asia.

DOF Group

Market Cap: €23.6b

Owns and operates a fleet of offshore and subsea vessels.

Chorus Aviation

Market Cap: CA$534.0m

Through its subsidiaries, provides aviation services.

Cardlytics

Market Cap: US$65.4m

Operates an advertising platform in the United States and the United Kingdom.

H.I.S

Market Cap: €94.0b

Provides travel agency services internationally.

Skymark Airlines

Market Cap: €22.2b

Provides scheduled air transportation services.

Compagnie de Saint-Gobain

Market Cap: €42.8b

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

Befesa

Market Cap: €1.1b

Offers environmental recycling services to the steel and aluminum industries in the European, Asian, and North American markets.

F5

Market Cap: €14.1b

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

Kuaishou Technology

Market Cap: €299.0b

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

Nilfisk Holding

Market Cap: €2.8b

Develops, manufactures, and sells cleaning solutions and services worldwide.

Robert Walters

Market Cap: €96.7m

Provides professional recruitment consultancy services worldwide.

Pearson

Market Cap: €6.3b

Provides educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally.

Calfrac Well Services

Market Cap: US$286.9m

Provides specialized oilfield services in Canada, the United States, and Argentina.

Yalla Group

Market Cap: US$1.1b

Operates a social networking and gaming platform in the Middle East and North Africa region.

LPKF Laser & Electronics

Market Cap: €137.7m

Develops, manufactures, and sells laser-based solutions for the technology industry worldwide.

Austevoll Seafood

Market Cap: NOK 18.1b

A seafood company, produces and sells salmon and trout, whitefish, and pelagic in Norway, the European Union, the United Kingdom, Eastern Europe, Africa, North America, Asia, and South America.

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.

Hikma Pharmaceuticals

Market Cap: €3.5b

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

Veolia Environnement

Market Cap: €21.4b

Designs and provides water, waste, and energy management solutions.