Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

LX Semicon

Market Cap: ₩889.7b

Operates as a semiconductor company in South Korea, China, Vietnam, Taiwan, Japan, and internationally.

Indofood Sukses Makmur

Market Cap: Rp67.2t

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

Acrow

Market Cap: AU$323.4m

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

China Mengniu Dairy

Market Cap: HK$59.5b

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

IPH

Market Cap: AU$1.0b

Provides intellectual property (IP) services and products.

Proya CosmeticsLtd

Market Cap: CN¥31.9b

A beauty and personal care company, researches, develops, produces, and sells cosmetics in China.

Tsingtao Brewery

Market Cap: HK$87.0b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Monash IVF Group

Market Cap: AU$263.0m

Engages in the provision of assisted reproductive and specialist women imaging services in Australia and Malaysia.

Trajan Group Holdings

Market Cap: AU$114.4m

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.

China Railway Group

Market Cap: CN¥129.7b

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

China Overseas Property Holdings

Market Cap: HK$17.0b

An investment holding company, provides property management services in Hong Kong, Macau, and Mainland China.

Industrial Bank

Market Cap: CN¥438.1b

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

Beijing New Building Materials

Market Cap: CN¥42.8b

Manufactures and sells building materials in China and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥23.3b

Engages in the engineering, equipment manufacture and supply, and other businesses in China and internationally.

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥12.4b

Engages in the manufacture and sale of pharmaceutical raw materials, and food and feed additives under the Star Lake and Yue Bao brand names in China and internationally.

Ganyuan Foods

Market Cap: CN¥5.2b

Engages in the research and development, production, and sale of snack foods in China.

Sangoma Technologies

Market Cap: US$277.4m

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

China Mengniu Dairy

Market Cap: €59.5b

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

Polar Capital Holdings

Market Cap: €437.2m

Polar Capital Holdings plc is a publicly owned investment manager.

Gen Digital

Market Cap: US$17.7b

Engages in the provision of cyber safety solutions for or individuals, families, and small businesses.

Austevoll Seafood

Market Cap: NOK 19.4b

A seafood company, produces and sells salmon and trout, whitefish, and pelagic in Norway, the European Union, the United Kingdom, Eastern Europe, Africa, North America, Asia, and South America.

Plumas Bancorp

Market Cap: US$302.8m

Operates as the bank holding company for the Plumas Bank that provides various banking products and services for small and middle market businesses and individuals in California, Nevada, and Oregon.

Mattel

Market Cap: €5.6b

A toy and family entertainment company, designs, manufactures, and markets toys and consumer products in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

Havas

Market Cap: €1.5b

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

Brinker International

Market Cap: €6.8b

Owns, develops, operates, and franchises casual dining restaurants in the United States and internationally.

Robert Walters

Market Cap: UK£88.8m

Provides professional recruitment consultancy services worldwide.

74Software

Market Cap: €1.1b

Operates as a software company in France.

Bertrandt

Market Cap: €179.7m

Provides engineering services.

Prosegur Cash

Market Cap: €1.1b

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.

Enhabit

Market Cap: €390.3m

Provides home health and hospice services in the United States.

Royalty Pharma

Market Cap: €20.5b

Operates as a buyer of biopharmaceutical royalties and a funder of innovation in the biopharmaceutical industry in the United States.

DEME Group

Market Cap: €3.1b

Provides marine solutions in the fields of offshore energy, dredging, marine infrastructure, and environmental works in Belgium, Europe, Africa, the United States, Asia, Oceania, and the Middle East.

Capgemini

Market Cap: €20.9b

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.

First Citizens BancShares

Market Cap: US$24.4b

Operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals in the United States and internationally.

Acrow

Market Cap: €323.4m

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