Global Potentially Undervalued Companies

China Foods

Market Cap: HK$7.8b

An investment holding company, manufactures, distributes, markets, and sells Coca-Cola series products in the People’s Republic of China.

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Middle East Healthcare

Market Cap: ر.س5.3b

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

Adaro Minerals Indonesia

Market Cap: Rp42.1t

Engages in metallurgical coal mining business in Indonesia.

Coca-Cola Içecek Anonim Sirketi

Market Cap: ₺148.4b

Engages in the production, sales, and distribution of sparkling and still beverages in Turkey, Pakistan, Central Asia, and the Middle East.

Austevoll Seafood

Market Cap: NOK 19.3b

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.

Cenergy Holdings

Market Cap: €2.1b

Manufactures and sells aluminium, copper, cables, steel and steel pipes, and other related products in Belgium and internationally.

Acrow

Market Cap: AU$312.6m

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

United Bank for Africa

Market Cap: ₦1.5t

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

Austevoll Seafood

Market Cap: NOK 19.3b

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.

DUG Technology

Market Cap: AU$183.8m

Dug Technology Ltd, a technology company, provides hardware and software solutions for the technology and resource sectors in Australia, the United States, the United Kingdom, Malaysia, and the United Arab Emirates.

Huaxin Cement

Market Cap: CN¥22.7b

Manufactures and sells cement in China and internationally.

Konica Minolta

Market Cap: JP¥214.8b

Engages in digital workplace, professional print, healthcare, and industrial businesses in Japan, China, other Asian countries, the United States, Europe, and internationally.

Gansu Shangfeng CementLtd

Market Cap: CN¥7.6b

Engages in the manufacturing and sale of building materials, and cement and cement clinker products in China.

MC Group

Market Cap: ฿7.8b

Manufactures, distributes, and retails apparel, accessories, and lifestyle products in Thailand.

Binggrae

Market Cap: ₩794.0b

Engages in production and distribution of dairy products in South Korea and internationally.

Mayur Uniquoters

Market Cap: ₹25.8b

Engages in the manufacture and sale of coated textile fabrics in India and internationally.

Longfor Group Holdings

Market Cap: HK$66.9b

An investment holding company, engages in the property development, commercial investment, asset management, property management, and smart construction businesses in the People’s Republic of China.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥12.5b

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

Xiamen C&D

Market Cap: CN¥29.4b

Engages in the supply chain and real estate development businesses in China and internationally.

Sao Ta Foods

Market Cap: ₫2.3t

Engages in farming, processing, and preserving aquatic products.

First Resources

Market Cap: S$2.2b

An investment holding company, engages in the palm oil production activities in Singapore, Indonesia, Europe, China, Malaysia, and internationally.

BWG

Market Cap: NOK 17.1b

An investment holding company, engages in ship owning and chartering activities worldwide.

Axalta Coating Systems

Market Cap: US$6.7b

Through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Innocean Worldwide

Market Cap: ₩745.2b

Provides marketing and communications services in the Americas, Europe, Asia, Oceania, the Middle East, and internationally.

Aeon (M) Bhd

Market Cap: RM 1.9b

Operates and manages a retail chain of departmental stores and supermarkets in Malaysia.

Proya CosmeticsLtd

Market Cap: CN¥33.4b

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

Beijing New Building Materials

Market Cap: CN¥47.7b

Manufactures and sells building materials in China and internationally.

Zhejiang Yinlun MachineryLtd

Market Cap: CN¥21.1b

Engages in the research and development, manufacturing, and sale of various thermal management and exhaust gas post-treatment products.

Hangzhou Binjiang Real Estate GroupLtd

Market Cap: CN¥28.3b

Provides real estate development services in China.

Hoa Phat Group

Market Cap: ₫168.2t

Produces and sells steel products in Vietnam.

Ganyuan Foods

Market Cap: CN¥6.0b

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

Exxaro Resources

Market Cap: R36.3b

Engages in coal, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Asia, and internationally.

AWC Berhad

Market Cap: RM 204.5m

An investment holding company, provides integrated facilities management and engineering services.

Daido Steel

Market Cap: JP¥207.0b

Manufactures and sells steel products in Japan and internationally.

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥22.0b

Designs, develops, manufactures, sells, and supplies auto parts in China.