Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Delta Air Lines

Market Cap: €38.0b

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

GFT Technologies

Market Cap: €475.6m

Provides digital transformation services.

Havas

Market Cap: €1.4b

Provides communications and marketing services in France, the United Kingdom, rest of Europe, North America, Latin America, the Asia-Pacific, and Africa.

China Mengniu Dairy

Market Cap: €56.6b

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

Victrex

Market Cap: UK£521.9m

Through its subsidiaries, engages in the manufacture and sale of polymer solutions worldwide.

DENTSPLY SIRONA

Market Cap: €2.1b

Develops, manufactures, and markets dental equipment supported by cloud-enabled solutions, dental products, and healthcare consumable products in urology and enterology worldwide.

Delta Air Lines

Market Cap: CHF 38.0b

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

Koenig & Bauer

Market Cap: €162.4m

Develops and manufactures printing and postprint systems worldwide.

Cheniere Energy

Market Cap: €44.2b

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

Arnoldo Mondadori Editore

Market Cap: €529.5m

Engages in publishing of books and magazines in Italy, rest of Europe, and the United States.

IG Group Holdings

Market Cap: UK£3.5b

A fintech company, engages in the online trading business in the United Kingdom, Ireland, the Asia-Pacific, the Middle East, the United States, Europe, and institutional and emerging markets.

Prudential

Market Cap: UK£26.6b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.

Theon International

Market Cap: €1.8b

Develops and manufactures customizable night vision, thermal imaging, and electro-optical ISR systems for military and security applications in Europe and internationally.

DOF Group

Market Cap: €23.0b

Owns and operates a fleet of offshore and subsea vessels.

Premier Foods

Market Cap: UK£1.5b

Manufactures, distributes, and sells branded and own label food products in the United Kingdom, other European countries, and internationally.

Centrica

Market Cap: UK£7.5b

Operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally.

Kemira Oyj

Market Cap: €2.9b

Operates as a chemicals company in Finland, rest of Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Sword Group

Market Cap: €331.1m

Provides IT and software solutions.

Intrum

Market Cap: €5.2b

Provides payment solutions, and credit and collection services in Europe and internationally.

SMU

Market Cap: CL$878.9b

Operates as a food retailer in Chile and Peru.

Bertrandt

Market Cap: €174.0m

Provides engineering services.

CDW

Market Cap: €18.3b

Provides information technology (IT) solutions in the United States, the United Kingdom, and Canada.

Sportsman's Warehouse Holdings

Market Cap: US$73.0m

Operates as an outdoor sporting goods retailer in the United States.

Cheerwin Group

Market Cap: €2.9b

An investment holding company, manufactures and trades household insecticides and repellents, household cleaning, air care, personal care, pet stores and pet products, and other products in the People’s Republic of China.

Flowco Holdings

Market Cap: US$1.5b

Through its subsidiaries, provides production optimization, artificial lift, and methane abatement solutions for the oil and natural gas industry in the United States.

Capital Bancorp

Market Cap: US$454.2m

Operates as the bank holding company for Capital Bank, N.A.

Sangoma Technologies

Market Cap: US$244.6m

Develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications in the United States of America and internationally.

TravelSky Technology

Market Cap: US$30.7b

Provides information technology (IT) solutions for the aviation and travel industries in the People’s Republic of China.

Regional Management

Market Cap: €354.6m

A diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States.

Science Applications International

Market Cap: €3.9b

Provides technical, engineering, and enterprise information technology (IT) services in the United States.

IG Group Holdings

Market Cap: €3.5b

A fintech company, engages in the online trading business in the United Kingdom, Ireland, the Asia-Pacific, the Middle East, the United States, Europe, and institutional and emerging markets.

AAC Technologies Holdings

Market Cap: €43.6b

An investment holding company, provides sensory experience solutions in Greater China, the United States, Europe, Other Asian countries, and internationally.

Sanofi

Market Cap: €104.6b

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

Grupo Mateus

Market Cap: R$11.2b

Operates a supermarket chain in Brazil.

LKQ

Market Cap: US$7.6b

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.