Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

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.

Luxi Chemical Group

Market Cap: CN¥19.8b

Manufactures and sells chemical and fertilizer products.

IPH

Market Cap: AU$1.3b

Provides intellectual property (IP) services and products.

Shenzhen Transsion Holdings

Market Cap: CN¥85.7b

Manufactures and sells smart devices in Africa and internationally.

Acrow

Market Cap: AU$303.3m

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

Beijing New Building Materials

Market Cap: CN¥43.5b

Manufactures and sells building materials in China and internationally.

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥21.6b

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

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥12.6b

Engages in the manufacture and sale of pharmaceutical raw materials, and food and feed additives under the Star Lake and Yue Bao brand names in China and internationally.

Select Harvests

Market Cap: AU$558.5m

Engages in the growing, processing, packaging, and selling of almonds and its by-products in Australia.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥11.9b

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

Proya CosmeticsLtd

Market Cap: CN¥32.0b

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

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp261.5t

Provides information and communications technology, and telecommunications network services worldwide.

Adaro Minerals Indonesia

Market Cap: Rp40.5t

Engages in metallurgical coal mining business in Indonesia.

Ganyuan Foods

Market Cap: CN¥5.3b

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

Trajan Group Holdings

Market Cap: AU$112.8m

Develops, manufactures, sells, and distributes analytical and life science products and devices in Australia, New Zealand, Malaysia, Japan, the United States, Europe, the Middle East, Africa, and India.

Tsingtao Brewery

Market Cap: HK$86.3b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Shandong Yisheng Livestock & Poultry Breeding

Market Cap: CN¥9.1b

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd.

Sinoma International EngineeringLtd

Market Cap: CN¥24.1b

Engages in the engineering, equipment manufacture and supply, and other businesses in China and internationally.

ShenZhen YUTO Packaging Technology

Market Cap: CN¥22.1b

ShenZhen YUTO Packaging Technology Co., Ltd.

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.5b

Produces and sells seasoning products in China and internationally.

Shenzhen Fuanna Bedding and FurnishingLtd

Market Cap: CN¥6.1b

Engages in the research and development, design, production, and sale of textile home furnishing, sleep home furnishing, and living products in China and internationally.

Global Dominion Access

Market Cap: €501.7m

Provides integral services for business process efficiency and sustainability worldwide.

Nilfisk Holding

Market Cap: €2.5b

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

Copa Holdings

Market Cap: €4.6b

Through its subsidiaries, provides airline passenger and cargo transport services.

Lenovo Group

Market Cap: €125.3b

An investment holding company, develops, manufactures, and markets technology products and services.

Steelcase

Market Cap: US$1.2b

Provides a portfolio of furniture and architectural products and services in the United States and internationally.

EVS Broadcast Equipment

Market Cap: €469.6m

Provides live video technology for broadcast and media productions in the United States, Europe, Africa, Middle East, and Asia Pacific.

Robert Walters

Market Cap: €112.5m

Provides professional recruitment consultancy services worldwide.

freenet

Market Cap: €3.2b

Provides telecommunications, broadcasting, and multimedia services for mobile communications/mobile internet, and digital lifestyle sectors in Germany.

LKQ

Market Cap: US$9.9b

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.

Fidelity National Financial

Market Cap: €14.6b

Provides various insurance products in the United States.

Intermediate Capital Group

Market Cap: UK£5.7b

A private equity firm specializing in direct and fund of fund investments.

CEWE Stiftung KGaA

Market Cap: €694.1m

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

CENIT

Market Cap: €68.6m

Provides software solutions and associated software consulting and integration services.

Transcontinental

Market Cap: €1.7b

Engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, and internationally.