Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Halozyme Therapeutics

Market Cap: US$7.4b

A biopharmaceutical company, researches, develops, and commercializes of proprietary enzymes and devices in the United States and internationally.

KBR

Market Cap: US$5.6b

Provides scientific, technology, and engineering solutions to governments and commercial customers worldwide.

On the Beach Group

Market Cap: €311.5m

Operates as an online retailer of short haul beach holidays under the On the Beach brand name in the United Kingdom.

CVS Health

Market Cap: US$96.0b

Provides health solutions in the United States.

McBride

Market Cap: €219.2m

Manufactures and sells private label household and personal care products to retailers and brand owners in the United Kingdom, Germany, France, Italy, Spain, rest of Europe, the Asia-Pacific, and internationally.

Comcast

Market Cap: €99.5b

Operates as a media and technology company worldwide.

Vallourec

Market Cap: €3.8b

Through its subsidiaries, provides tubular solutions for the oil and gas, industry, and new energies markets in Europe, North America, South America, Asia, the Middle East, and internationally.

Crown Castle

Market Cap: US$38.9b

Crown Castle owns, operates and leases approximately 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S.

Rithm Capital

Market Cap: US$6.3b

Operates as an asset manager focused on real estate, credit, and financial services in the United States.

GEO Group

Market Cap: €2.3b

The GEO Group, Inc. (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom.

BYD Electronic (International)

Market Cap: US$78.4b

An investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People’s Republic of China and internationally.

Sasseur Real Estate Investment Trust

Market Cap: S$860.1m

Invests in a portfolio of real estate and related assets.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.5b

Provides chemical supply chain solutions worldwide.

HD Hyundai Construction Equipment

Market Cap: ₩1.6t

HD Hyundai Construction Equipment Co.,Ltd.

Sanwa Holdings

Market Cap: JP¥844.3b

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

China Overseas Property Holdings

Market Cap: HK$16.1b

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

Beijing New Building Materials

Market Cap: CN¥42.7b

Manufactures and sells building materials in China and internationally.

Inspur Digital Enterprise Technology

Market Cap: HK$8.2b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

Shenzhen Transsion Holdings

Market Cap: CN¥77.6b

Provides smart devices and mobile services in Africa, South and Southeast Asia, the Middle East, Latin America, and internationally.

Chambal Fertilisers and Chemicals

Market Cap: ₹173.0b

Produces and sells fertilizers primarily in India.

KH Neochem

Market Cap: JP¥84.9b

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

Guangdong Mingyang ElectricLtd

Market Cap: CN¥13.6b

Engages in the research, development, production, and sale of high/low voltage switchgear, transformer, and power transmission and distribution equipment in China.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥32.1b

Manufactures and sells power distribution in China and internationally.

Beijing Urban Construction Investment & Development

Market Cap: CN¥10.0b

Beijing Urban Construction Investment & Development Co., Ltd.

F&F

Market Cap: ₩2.7t

Manufactures and sells sewn wearing apparels in South Korea.

Security Bank

Market Cap: ₱50.9b

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

GWA Group

Market Cap: AU$650.4m

Research, designs, manufactures, imports, and markets building fixtures and fittings to residential and commercial premises in Australia, New Zealand, the United Kingdom, and internationally.

CapitaLand Malaysia Trust

Market Cap: RM 2.1b

CapitaLand Malaysia Trust (CLMT) is a real estate investment trust (REIT) listed on the Main Market of Bursa Malaysia Securities Berhad since 16 July 2010.

Adairs

Market Cap: AU$321.0m

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

Anker Innovations

Market Cap: CN¥59.6b

Develops and sells mobile charging products.

Apeloa PharmaceuticalLtd

Market Cap: CN¥18.5b

Provides raw materials and intermediates to various pharmaceutical factories in the People’s Republic of China and internationally.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.5b

Provides chemical supply chain solutions worldwide.

Sinoma International EngineeringLtd

Market Cap: CN¥25.7b

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

Jinzai Food GroupLtd

Market Cap: CN¥5.1b

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

IRB Infrastructure Developers

Market Cap: ₹258.5b

Engages in the infrastructure development business in India.