Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Huaqin Technology

Market Cap: CN¥87.0b

Engages in the development, manufacturing, and operation service of software, hardware, systems for tech companies worldwide.

China Railway Group

Market Cap: CN¥138.0b

Operates as a multi-functional integrated construction company in Mainland China and internationally.

Anhui Expressway

Market Cap: CN¥23.4b

Engages in the construction, operation, management, and development of the toll roads and associated service sections in the People's Republic of China.

Adairs

Market Cap: AU$315.7m

Operates as a specialty retailer of home furnishings, furniture, and decoration products in Australia and New Zealand.

Anker Innovations

Market Cap: CN¥54.7b

Operates as a smart hardware technology company in China and internationally.

Trajan Group Holdings

Market Cap: AU$96.9m

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

C&D International Investment Group

Market Cap: HK$36.3b

An investment holding company, engages in the property development, real estate industry chain investment services, and industry investment activities in the People’s Republic of China.

Lucky Harvest

Market Cap: CN¥9.2b

Engages in the research, development, production, and sale of precision stamping dies and structural metal parts in China.

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥16.2b

Operates as contract development and manufacturing organization (CDMO) company in China and internationally.

Acrow

Market Cap: AU$328.7m

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

China Resources Land

Market Cap: HK$222.3b

An investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China.

Fosun International

Market Cap: HK$35.0b

Operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally.

Middle East Healthcare

Market Cap: ر.س3.3b

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

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥14.9b

Engages in the research, development, manufacturing, and sale of invasive medical devices in China and internationally.

Hansen Technologies

Market Cap: AU$1.0b

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

Carnival Corporation &

Market Cap: €39.9b

A cruise company, provides leisure travel services in North America, Australia, Europe, and internationally.

MONY Group

Market Cap: UK£966.3m

Engages in the provision of price comparison and lead generation services through its websites and applications in the United Kingdom.

Prosegur Cash

Market Cap: €946.4m

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.

Arjo

Market Cap: SEK 8.1b

Develops and sells medical devices and solutions for patients for clinical and financial outcomes for healthcare in Europe, Asia, Latin America, Africa, and Pacific.

Universal Health Services

Market Cap: US$12.7b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities.

Inseego

Market Cap: US$171.7m

Engages in the design and development of cloud-managed wireless wide area network (WAN) and intelligent edge solutions for businesses, consumers, and governments in the United Stated, Europe, and internationally.

FRP Advisory Group

Market Cap: UK£321.3m

Provides business advisory services to companies, lenders, investors, individuals, and other stakeholders in the United Kingdom.

Rithm Capital

Market Cap: US$6.6b

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

Pharming Group

Market Cap: €1.2b

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.

Delta Air Lines

Market Cap: €42.7b

Provides scheduled air transportation for passengers and cargo in the United States and internationally.

Global Dominion Access

Market Cap: €525.6m

Provides integral services for business process efficiency and sustainability worldwide.

Befesa

Market Cap: €1.2b

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

Asahi Group Holdings

Market Cap: €2.3t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Lithia Motors

Market Cap: €8.0b

Operates as an automotive retailer in the United States, the United Kingdom, and Canada.

Industrial Bank

Market Cap: CN¥399.8b

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

Guangdong Haid Group

Market Cap: CN¥86.0b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥10.1b

Provides chemical supply chain solutions worldwide.

Aurelia Metals

Market Cap: AU$583.9m

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

Sichuan Baicha Baidao Industrial

Market Cap: HK$9.6b

An investment holding company, provides tea drink products in the People’s Republic of China.

China Mengniu Dairy

Market Cap: HK$65.0b

An investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People’s Republic of China and internationally.