Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Carlsberg

Market Cap: US$112.4b

Produces and markets beer and other beverage products in Denmark, China, the United Kingdom, and internationally.

Fortune Brands Innovations

Market Cap: US$6.1b

Engages in the provision of home and security products for residential home repair, remodeling, new construction, and security applications in the United States and internationally.

Acrow

Market Cap: AU$319.2m

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

China Railway Group

Market Cap: CN¥125.1b

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

Military Commercial Bank

Market Cap: ₫202.2t

Provides banking products and services.

Aeon (M) Bhd

Market Cap: RM 1.5b

Operates and manages a retail chain of departmental stores and supermarkets in Malaysia.

Anhui Expressway

Market Cap: CN¥23.3b

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

WemadeLtd

Market Cap: ₩862.0b

Develops and publishes games in South Korea and internationally.

Binggrae

Market Cap: ₩678.2b

Engages in production and sale of dairy products in South Korea and internationally.

Hangzhou Binjiang Real Estate GroupLtd

Market Cap: CN¥30.7b

Provides real estate development services in China.

ISOTeam

Market Cap: S$59.5m

Operates in the building maintenance and estate upgrading industry in Singapore.

HD Hyundai Construction Equipment

Market Cap: ₩1.6t

HD Hyundai Construction Equipment Co.,Ltd.

China National Building Material

Market Cap: HK$38.9b

An investment holding company, engages in building material, new materials, and engineering technical services businesses.

Vieworks

Market Cap: ₩180.3b

Develops, manufactures, and sells imaging systems and solutions.

China Resources Land

Market Cap: HK$199.0b

An investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China.

Longfor Group Holdings

Market Cap: HK$61.8b

An investment holding company, engages in the property development, commercial investment, asset management, property management, and smart construction businesses in the People’s Republic of China.

Raydium Semiconductor

Market Cap: NT$17.4b

Engages in the design, development, and sale of display drivers, sequential control, and power management integrated circuit (IC) products in China, Hong Kong, Taiwan, and internationally.

Emaar Properties PJSC

Market Cap: د.إ126.4b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

Sanwa Holdings

Market Cap: JP¥874.5b

Through its subsidiaries, manufactures and sells construction materials for commercial and residential buildings in Japan, North America, Europe, and Asia.

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥11.4b

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.

ARN Media

Market Cap: AU$120.5m

Operates as a media and entertainment company in Australia and Hong Kong.

Huaqin Technology

Market Cap: CN¥93.5b

Engages in the development, manufacturing, and operation service of software, hardware, systems for tech companies worldwide.

JVM

Market Cap: ₩302.3b

Develops and sells automation systems and software of dispensing, packaging, and medication management for hospitals and pharmacies worldwide.

KH Neochem

Market Cap: JP¥88.3b

Researches, manufactures, and sells of petrochemical products in Japan and internationally.

Chambal Fertilisers and Chemicals

Market Cap: ₹187.9b

Produces and sells fertilizers primarily in India.

Hu Lane Associate

Market Cap: NT$15.1b

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

Sinoma International EngineeringLtd

Market Cap: CN¥26.9b

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

Hansen Technologies

Market Cap: AU$1.1b

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

Beijing New Building Materials

Market Cap: CN¥42.1b

Manufactures and sells building materials in China and internationally.

China Mobile

Market Cap: HK$1.8t

Provides telecommunications and information related services in Mainland China and Hong Kong.

IRB Infrastructure Developers

Market Cap: ₹257.7b

Engages in the infrastructure development business in India.

Sasseur Real Estate Investment Trust

Market Cap: S$853.8m

Invests in a portfolio of real estate and related assets.

Beijing Urban Construction Investment & Development

Market Cap: CN¥9.2b

Beijing Urban Construction Investment & Development Co., Ltd.

China Mengniu Dairy

Market Cap: HK$59.6b

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

Security Bank

Market Cap: ₱48.4b

Provides banking and financial products and services to wholesale and retail clients in the Philippines.