Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

China Hongqiao Group

Market Cap: HK$282.8b

An investment holding company, manufactures and sells aluminum products in the People's Republic of China, India, Europe, Malaysia, North America, the rest of Southeast Asia, and internationally.

COSCO SHIPPING Ports

Market Cap: HK$19.6b

An investment holding company, manages and operates ports and terminals in Mainland China, Hong Kong, Europe, and internationally.

C&D International Investment Group

Market Cap: HK$35.3b

An investment holding company, engages in the property development business in the People’s Republic of China.

BOC Aviation

Market Cap: HK$53.1b

Operates as an aircraft operating leasing company in Mainland China, Hong Kong, Macau, Taiwan, rest of the Asia Pacific, the Americas, Europe, the Middle East, and Africa.

Genscript Biotech

Market Cap: HK$30.5b

An investment holding company, engages in the manufacture and sale of life science research products and services in the United States of America, Europe, Mainland China, Europe, Asia Pacific, and internationally.

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥11.0b

Operates as contract development and manufacturing organization (CDMO) company in China and internationally.

Ganyuan Foods

Market Cap: CN¥4.2b

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

New Hope Dairy

Market Cap: CN¥15.1b

Produces and sells dairy products in China.

Acrow

Market Cap: AU$253.9m

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

Universal Store Holdings

Market Cap: AU$507.1m

Engages in the retail operations in the fashion market in Australia.

Pepper Money

Market Cap: €743.5m

Operates as a non-bank lender in the mortgage and asset finance markets in Australia and New Zealand.

Arnoldo Mondadori Editore

Market Cap: €538.2m

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

Otis Worldwide

Market Cap: €27.5b

Engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally.

Perrigo

Market Cap: €1.5b

Provides over-the-counter health and wellness solutions in the United States, Europe, and internationally.

Brinker International

Market Cap: €6.1b

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

Infotel

Market Cap: €281.1m

Designs, develops, markets, and maintains software solutions in the areas of security, performance, and management in France, rest of Europe, and the United States.

Barco

Market Cap: €741.0m

Develops visualization solutions, and collaboration and networking technologies for the entertainment, enterprise, and healthcare markets in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Prosegur Cash

Market Cap: €880.5m

Provides integrated cash cycle management solutions and automating payments in retail establishments and ATM management in Europe, LATAM, and internationally.

EVS Broadcast Equipment

Market Cap: €413.4m

Provides live video technology for broadcast and media productions in the United States, Europe, Africa, Middle East, and Asia Pacific.

Compagnie de Saint-Gobain

Market Cap: €37.9b

Designs, manufactures, and distributes materials and solutions for the construction and industrial markets worldwide.

CellaVision

Market Cap: SEK 2.9b

Develops and sells instruments, software, and reagents for blood and body fluids analysis in Sweden and internationally.

Vusion

Market Cap: €2.2b

Engages in the provision of digitalization solutions for commerce in Europe, Asia, and North America.

Arcos Dorados Holdings

Market Cap: €1.9b

Operates as a franchisee of McDonald’s restaurants.

Douglas Dynamics

Market Cap: US$1.0b

Operates as a manufacturer and upfitter of commercial vehicle attachments and equipment in North America.

Silgan Holdings

Market Cap: US$4.0b

Manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally.

Alkane Resources

Market Cap: CA$1.9b

Operates as a gold exploration and production company in Australia.

Grupa Pracuj

Market Cap: €3.1b

Operates HR technology platform in Poland, Ukraine, and Germany.

GFT Technologies

Market Cap: €568.8m

Provides digital transformation services.

Yuexiu Transport Infrastructure

Market Cap: €6.6b

Invests in, constructs, develops, operates, and manages expressways and bridges in the People’s Republic of China.

Regeneron Pharmaceuticals

Market Cap: €63.9b

Regeneron Pharmaceuticals, Inc. discovers, invents, develops, manufactures, and commercializes medicines to treat various diseases worldwide.

Heidelberg Materials

Market Cap: €33.1b

Produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide.

DENTSPLY SIRONA

Market Cap: €2.0b

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

Hannover Rück

Market Cap: €28.4b

Provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally.

Gap

Market Cap: US$8.8b

Operates as an apparel retail company in the United States, Canada, Japan, Taiwan, and internationally.

Talgo

Market Cap: €360.4m

Engages in design, manufacture, and maintenance of railway and auxiliary machinery for the maintenance of railway systems rolling stock worldwide.