Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Future

Market Cap: JP¥146.1b

Provides IT consulting and services primarily in Japan.

Tianjin Ringpu Bio-TechnologyLtd

Market Cap: CN¥8.2b

Engages in the research and development, production, and sale of veterinary raw materials, pharmaceutical preparation, functional additives, and veterinary biological products.

Hansen Technologies

Market Cap: AU$1.0b

Engages in the development, integration, and support of billing and customer information systems.

China South Publishing & Media Group

Market Cap: CN¥19.8b

Engages in the publishing, printing, distribution, media, and financing businesses in China.

Trisul

Market Cap: R$1.2b

Engages in the construction and development of real estate properties in Brazil.

Lavvi Empreendimentos Imobiliários

Market Cap: R$2.7b

Develops and builds residential and non-residential properties primarily in Brazil.

C&A Modas

Market Cap: R$3.5b

Operates as a fashion retailer for women, men, and children in Brazil and internationally.

Grafton Group

Market Cap: €1.7b

Distributes and sells building materials and construction related products in Ireland, the United Kingdom, Ireland, the Netherlands, Finland, and Spain.

Amphastar Pharmaceuticals

Market Cap: US$953.5m

A bio-pharmaceutical company, develops, manufactures, markets, and sells generic and proprietary injectable, inhalation, and intranasal products in the United States, China, and France.

GFT Technologies

Market Cap: €466.3m

Provides digital transformation services.

Aegean Airlines

Market Cap: €1.1b

Operates as an airline company that engages in the provision of public airline transportation services in Greece and internationally.

ICG

Market Cap: UK£5.1b

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

CENIT

Market Cap: €55.9m

Provides software solutions and associated software consulting and integration services.

Hoenle

Market Cap: €54.0m

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

Piraeus Bank

Market Cap: €10.2b

Provides various banking products and services in Greece, Europe, and internationally.

GWA Group

Market Cap: AU$527.3m

Research, designs, manufactures, imports, and markets building fixtures and fittings to residential and commercial premises in Australia, New Zealand, the United Kingdom, and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥26.5b

Operates in the cement technology equipment and engineering services industry in China and internationally.

KMD Brands

Market Cap: AU$89.8m

Designs, markets, wholesales, and retails apparel, footwear, and equipment for surfing and the outdoors under the Kathmandu, Rip Curl, and Oboz brand names.

Industrial Bank

Market Cap: CN¥384.7b

Provides banking products and services in the People’s Republic of China.

Ingenia Communities Group

Market Cap: AU$1.7b

A leading operator, owner and developer of communities offering quality affordable rental and holiday accommodation focused on the growing seniors’ market in Australia.

Aurelia Metals

Market Cap: AU$431.8m

Engages in the exploration and production of mineral properties in Australia.

Bank Mandiri (Persero)

Market Cap: Rp419.6t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Malaysia, Hong Kong, Timor Leste, Shanghai, England, and the Cayman Islands.

Beijing New Building Materials

Market Cap: CN¥42.4b

Manufactures and sells building materials in China.

Ernst Russ

Market Cap: €273.6m

A publicly owned investment manager.

OceanaGold

Market Cap: €10.1b

Engages in the exploration, development, and operation of gold and gold/copper mines in the United States, the Philippines, and New Zealand.

Rithm Capital

Market Cap: US$5.7b

Operates as an asset manager focused on real estate, credit, and financial services in the United States.

Middleby

Market Cap: US$6.6b

Designs, manufactures, markets, distributes, and services of commercial restaurant and food processing equipment worldwide.

Universal Health Services

Market Cap: US$10.6b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities in the United States.

Accenture

Market Cap: US$109.5b

Provides strategy and consulting, industry X, song, and technology and operation services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Pepper Money

Market Cap: €779.4m

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

Royal Unibrew

Market Cap: DKK 20.2b

Provides beverages in Denmark, Germany, Norway, Sweden, Italy, the Netherlands, France, Finland, Lithuania, Latvia, Estonia, Belgium, Luxembourg, and internationally.

Pharming Group

Market Cap: €1.0b

A biopharmaceutical company, develops and commercializes protein replacement therapies and precision medicines for the treatment of rare diseases in the United States, Europe, and internationally.

Tecan Group

Market Cap: CHF 1.6b

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

Axalta Coating Systems

Market Cap: US$6.3b

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.

Sonoco Products

Market Cap: €4.8b

Designs, develops, manufactures, and sells various engineered and sustainable packaging products in the United States, Europe, Canada, the Asia Pacific, and internationally.