Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

China Railway Group

Market Cap: CN¥129.3b

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

Adairs

Market Cap: AU$326.3m

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

Sichuan Baicha Baidao Industrial

Market Cap: HK$9.9b

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

C&D International Investment Group

Market Cap: HK$36.9b

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.

Anhui Expressway

Market Cap: CN¥23.1b

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

Aurelia Metals

Market Cap: AU$516.2m

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

Acrow

Market Cap: AU$317.8m

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

Fosun International

Market Cap: HK$32.1b

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

Shanghai Zhonggu Logistics

Market Cap: CN¥21.7b

Provides container shipping services in China.

China Mengniu Dairy

Market Cap: HK$67.8b

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

Grand Pharmaceutical Group

Market Cap: HK$27.7b

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.

Hansen Technologies

Market Cap: AU$941.5m

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

Industrial Bank

Market Cap: CN¥399.6b

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

China Tower

Market Cap: HK$188.4b

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

Hu Lane Associate

Market Cap: NT$13.4b

Engages in the manufacture and sale of terminal devices, terminal crimping, industrial rubber, and plastic products in Taiwan.

NetEase Cloud Music

Market Cap: HK$37.5b

An investment holding company, engages in the operation of online platforms to provide music and social entertainment services in the People’s Republic of China.

Haiki+

Market Cap: €74.6m

Engages in the treatment, management, and valorization of waste in Italy.

Capgemini

Market Cap: €19.2b

Provides consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

Hollywood Bowl Group

Market Cap: UK£442.2m

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

NetEase

Market Cap: US$606.0b

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.

Ventura Offshore Holding

Market Cap: NOK 2.5b

A deep-water drilling contractor, provides offshore drilling services to the oil and gas industry in Brazil and internationally.

Kuaishou Technology

Market Cap: €301.6b

An investment holding company, provides live streaming, online marketing, and other services in the People’s Republic of China.

MONY Group

Market Cap: UK£875.6m

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

Asahi Group Holdings

Market Cap: €2.5t

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

Wesdome Gold Mines

Market Cap: €3.2b

Wesdome Gold Mines Ltd. mines, develops, and explores for gold and silver deposits in Canada.

Resolute Mining

Market Cap: UK£3.0b

Engages in mining, prospecting, and exploration of mineral properties in Africa.

Econocom Group

Market Cap: €281.6m

Designs and develops digital solutions for public and private companies in Belgium and internationally.

FRP Advisory Group

Market Cap: UK£331.0m

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

GFT Technologies

Market Cap: €493.4m

Provides digital transformation services.

74Software

Market Cap: €878.0m

Operates as a software company in France.

Cabka

Market Cap: €41.1m

Manufactures and sells pallets and large containers made from recycled plastic in Europe, North America, and internationally.

Housing and Development Bank- Egypt (S.A.E)

Market Cap: ج.م51.1b

Together with its, provides corporate and retail banking services in Egypt.

Geely Automobile Holdings

Market Cap: US$179.6b

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

Cheerwin Group

Market Cap: €3.1b

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.

Sendas Distribuidora

Market Cap: R$11.8b

Engages in the retail and wholesale sale of food products, bazaar items, and other products in Brazil.