Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Horizon Construction Development

Market Cap: HK$3.2b

Operates as an investment holding company that provides equipment operation services in the People's Republic of China.

Inspur Digital Enterprise Technology

Market Cap: HK$4.9b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

China Mengniu Dairy

Market Cap: HK$65.7b

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

Sasseur Real Estate Investment Trust

Market Cap: S$860.1m

Invests in a portfolio of real estate and related assets.

Fosun International

Market Cap: HK$31.7b

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

China Tower

Market Cap: HK$192.8b

Provides telecommunication tower infrastructure services in the People's Republic of China.

Jazz Pharmaceuticals

Market Cap: €10.1b

Jazz Pharmaceuticals plc identifies, develops, and commercializes pharmaceutical products in the United States, Europe, and internationally.

C&D International Investment Group

Market Cap: HK$34.2b

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.

GFT Technologies

Market Cap: €398.5m

Provides digital transformation services.

Geely Automobile Holdings

Market Cap: CN¥184.5b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

LHN

Market Cap: S$297.0m

An investment holding company, engages in space optimization, property development, facilities management services, and energy businesses in Singapore, Hong Kong, Myanmar, Indonesia, and Cambodia.

China Mobile

Market Cap: HK$1.7t

Provides telecommunications and information related services in Mainland China and Hong Kong.

China Resources Land

Market Cap: HK$220.6b

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

Sichuan Baicha Baidao Industrial

Market Cap: HK$9.5b

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

Grand Pharmaceutical Group

Market Cap: HK$26.4b

An investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical preparations and medical devices, biotechnology and healthcare products, and pharmaceutical raw materials.

Carmila

Market Cap: €2.4b

As the third-largest listed owner of commercial property in Europe, Carmila was founded by Carrefour and large institutional investors in order to enhance the value of shopping centres adjoining Carrefour hypermarkets in France, Spain and Italy.

q.beyond

Market Cap: €100.9m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

Premier Foods

Market Cap: UK£1.7b

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

Hollywood Bowl Group

Market Cap: UK£428.8m

Operates ten-pin bowling and mini-golf centers in the United Kingdom and Canada.

MONY Group

Market Cap: UK£783.0m

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

Bertrandt

Market Cap: €183.9m

Provides engineering services.

Prosegur Cash

Market Cap: €942.0m

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.

FRP Advisory Group

Market Cap: UK£318.9m

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

Ernst Russ

Market Cap: €242.6m

A publicly owned investment manager.

Semapa - Sociedade de Investimento e Gestão SGPS

Market Cap: €1.9b

Through its subsidiaries, produces and sells pulp, printing and writing papers, and tissues in Portugal, the rest of Europe, the United States, Africa, Asia, and Oceania.

CS Disco

Market Cap: US$231.8m

Provides cloud-native and artificial intelligence-powered legal products for legal hold, legal request, ediscovery, legal document review, and case management in the United States and internationally.

High Tide

Market Cap: US$277.6m

Engages in the cannabis retail business in Canada, the United States, and internationally.

Sangoma Technologies

Market Cap: US$203.0m

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

Arnoldo Mondadori Editore

Market Cap: €520.4m

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

Barrett Business Services

Market Cap: US$810.3m

Provides business management solutions for small and mid-sized companies in the United States.

Sabio Holdings

Market Cap: CA$17.3m

Operates as a technology provider in the advertising areas of connected TV (CTV) and over-the-top (OTT) streaming in the United States and the United Kingdom.

Korn Ferry

Market Cap: US$3.2b

Engages in the provision of organizational consulting services worldwide.

Enghouse Systems

Market Cap: US$940.6m

Develops enterprise software solutions worldwide.

Stanmore Resources

Market Cap: €2.3b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

Intertek Group

Market Cap: US$6.9b

Provides quality assurance solutions to various industries in the United Kingdom, the United States, China, Australia, and internationally.