Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Talgo

Market Cap: €357.6m

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

Asahi Group Holdings

Market Cap: €2.6t

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

Surgery Partners

Market Cap: US$2.0b

Owns and operates a network of surgical facilities and ancillary services in the United States.

ACT Energy Technologies

Market Cap: CA$170.0m

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

NETGEAR

Market Cap: US$787.9m

Provides connectivity solutions the Americas; Europe, the Middle East, Africa; and the Asia Pacific.

Lithia Motors

Market Cap: €7.1b

Operates as an automotive retailer in the United States, the United Kingdom, and Canada.

Lenovo Group

Market Cap: €130.2b

An investment holding company, develops, manufactures, and markets technology products and services.

Barrett Business Services

Market Cap: US$912.2m

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

Rainbow Tours

Market Cap: €1.8b

Operates as a tour operator in Poland, the Czech Republic, Greece, Spain, Turkey, Slovakia, Lithuania, and internationally.

DENTSPLY SIRONA

Market Cap: €2.1b

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

HORNBACH Holding KGaA

Market Cap: €1.4b

Through its subsidiaries, develops and operates do-it-yourself (DIY) megastores with garden centers in Germany and other European countries.

MINISO Group Holding

Market Cap: €6.5b

An investment holding company, engages in the retail and wholesale of design-led lifestyle and pop toy products in Mainland China, the rest of Asia, North and Latin America, Europe, and internationally.

Korn Ferry

Market Cap: US$3.4b

Engages in the provision of organizational consulting services worldwide.

Regional Management

Market Cap: €364.9m

A diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States.

PayPal Holdings

Market Cap: Mex$58.8b

Operates a technology platform that enables digital payments for merchants and consumers worldwide.

Wesdome Gold Mines

Market Cap: €3.1b

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

Alaris Equity Partners Income Trust

Market Cap: €880.0m

A private equity firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, growth capital, and mature investments.

Compagnie de Saint-Gobain

Market Cap: €40.8b

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

Kuaishou Technology

Market Cap: €290.1b

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

Quanex Building Products

Market Cap: US$590.7m

Provides components for the fenestration industry in the United States, Europe, Canada, Asia, and internationally.

Aecon Group

Market Cap: US$1.7b

Aecon Group Inc., together with its subsidiaries, provide construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally.

Serabi Gold

Market Cap: CA$196.9m

Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.

Semapa - Sociedade de Investimento e Gestão SGPS

Market Cap: €1.4b

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.

LKQ

Market Cap: US$7.8b

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.

Grafton Group

Market Cap: €1.7b

Distributes and sells building materials and construction related products in Ireland, the United Kingdom, the Netherlands, Finland, and Spain.

GFT Technologies

Market Cap: €469.3m

Provides digital transformation services.

TAKKT

Market Cap: €264.4m

Operates as a B2B direct marketing company for business equipment in Europe and North America.

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.

Open Text

Market Cap: €8.3b

Designs, develops, markets, and sells information management software and solutions in North, Central, and South America, Europe, the Middle East, Africa, Australia, Japan, Singapore, India, and China.

Trican Well Service

Market Cap: CA$1.2b

An equipment services company, provides various products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells in Canada.

CEWE Stiftung KGaA

Market Cap: €667.3m

Operates as a photo service and online printing provider in Germany and internationally.

Indofood Sukses Makmur

Market Cap: €62.3t

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

Science Applications International

Market Cap: €4.1b

Provides technical, engineering, and enterprise information technology (IT) services in the United States.

F5

Market Cap: US$13.5b

Provides multicloud application security and delivery solutions in the United States, Europe, the Middle East, Africa, and the Asia Pacific region.

Delta Air Lines

Market Cap: €37.9b

Provides scheduled air transportation for passengers and cargo in the United States and internationally.