Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

GFT Technologies

Market Cap: €517.0m

Provides digital transformation services.

Amphastar Pharmaceuticals

Market Cap: US$1.2b

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

Construtora Tenda

Market Cap: R$2.8b

Operates as a construction company in Brazil.

Indofood Sukses Makmur

Market Cap: €58.8t

Operates as a food solutions company in Indonesia, the Middle East, Africa, the rest of Asia, and internationally.

Tennant

Market Cap: US$1.4b

Designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Valeura Energy

Market Cap: €908.7m

Engages in the exploration, development, and production of petroleum and natural gas in Thailand and in Turkey.

TF1

Market Cap: €1.6b

Engages in the broadcasting, studios and entertainment, and digital businesses in France and internationally.

Man Wah Holdings

Market Cap: €17.8b

An investment holding company, engages in the manufacture and distribution of sofas and ancillary products in the People's Republic of China, Europe, Vietnam, Mexico, and internationally.

Sabio Holdings

Market Cap: CA$17.8m

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.

q.beyond

Market Cap: €95.9m

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

ACT Energy Technologies

Market Cap: CA$190.2m

Provides directional drilling services to oil and natural gas exploration and development companies in Canada and the United States.

LKQ

Market Cap: US$8.6b

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.

Euroseas

Market Cap: US$377.4m

Provides ocean-going transportation services worldwide.

Spectrum Brands Holdings

Market Cap: €1.4b

Operates as a branded consumer products and home essentials company in North America, Europe, the Middle East, Africa, Latin America, and Asia-Pacific regions.

Enovis

Market Cap: €1.4b

Operates as a medical technology company focus on developing clinically differentiated solutions in the United States and internationally.

Slide Insurance Holdings

Market Cap: US$2.0b

Engages in underwriting single family and condominium policies in the property and casualty industry in the United States.

Bosideng International Holdings

Market Cap: €52.7b

Engages in the apparel business in the People’s Republic of China.

BFF Bank

Market Cap: €1.6b

Engages in non-recourse factoring and credit management activities towards public administration bodies and private hospitals in Italy, Croatia, the Czech Republic, France, Greece, Poland, Portugal, Slovakia, and Spain.

Origin Enterprises

Market Cap: €427.0m

Provides agronomy services company in Ireland, the United Kingdom, Brazil, Poland, Romania, Latin America, and internationally.

Carnival Corporation &

Market Cap: €37.9b

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

Huhtamäki Oyj

Market Cap: €3.1b

Provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally.

Chorus Aviation

Market Cap: CA$544.4m

Through its subsidiaries, provides aviation services.

Pearson

Market Cap: €6.0b

Provides educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally.

Quanex Building Products

Market Cap: US$849.7m

Manufactures and distributes components for original equipment manufacturers (OEM) in the building products industry in the United States, Europe, Canada, Asia, and internationally.

BYD Electronic (International)

Market Cap: US$75.4b

An investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People’s Republic of China and internationally.

Yalla Group

Market Cap: US$1.1b

Operates a social networking and gaming platform in the Middle East and North Africa region.

Skymark Airlines

Market Cap: €23.9b

Provides scheduled air transportation services.

ACI Worldwide

Market Cap: US$4.4b

Develops, markets, installs, and supports software products and services for facilitating electronic payments in the United States and internationally.

Merck KGaA

Market Cap: US$54.6b

Operates as a science and technology company in Germany and internationally.

Ernst Russ

Market Cap: €258.7m

A publicly owned investment manager.

PTC

Market Cap: US$19.8b

Operates as software company in the Americas, Europe, and the Asia Pacific.

Infinity Natural Resources

Market Cap: US$825.5m

Engages in the acquisition, exploration, and development of properties to produce oil, natural gas, and natural gas liquids from underground reservoirs in the United States.

TD SYNNEX

Market Cap: US$12.0b

Operates as a distributor and solutions aggregator for the information technology (IT) ecosystem.

McBride

Market Cap: €252.3m

Manufactures and sells private label household and personal care products to retailers and brand owners in the United Kingdom, Germany, France, Italy, Spain, rest of Europe, the Asia-Pacific, and internationally.

Hikma Pharmaceuticals

Market Cap: €3.4b

Develops, manufactures, markets, and sells a range of generic, branded, and in-licensed pharmaceutical products.