Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

NetEase

Market Cap: US$577.8b

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.

AMG Critical Materials

Market Cap: US$1.1b

Develops, produces, and sells energy storage materials.

Central Asia Metals

Market Cap: €294.5m

Operates as a base metals producer.

AXA

Market Cap: €76.8b

Through its subsidiaries, insurance, asset management, and banking services worldwide.

Leidos Holdings

Market Cap: €22.0b

Provides services and solutions for government and commercial customers in the United States and internationally.

Copa Holdings

Market Cap: €4.6b

Through its subsidiaries, provides airline passenger, and cargo and mail transportation services in North America, South America, Central America, and the Caribbean.

Universal Health Services

Market Cap: US$11.8b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities in the United States.

Gap

Market Cap: US$8.6b

Operates as an apparel retail company.

Accenture

Market Cap: US$121.0b

Provides strategy and consulting, industry X, song, and technology and operation services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

McBride

Market Cap: €248.4m

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.

Toll Brothers

Market Cap: US$13.0b

Designs, builds, markets, sells, and arranges finance for a range of detached and attached homes in luxury residential communities in the United States.

Indivior Pharmaceuticals

Market Cap: €3.9b

Engages in the development, manufacture, and sale of buprenorphine-based prescription drugs for the treatment of opioid dependence and related disorders in the United States, Europe, Canada, Australia, and internationally.

Sonoco Products

Market Cap: €5.3b

Designs, develops, manufactures, and sells various engineered and sustainable packaging products in the United States, Europe, Canada, the Asia Pacific, and internationally.

Enel Américas

Market Cap: Col$8.1t

Generates, transmits, and distributes electricity in Brazil, Colombia, Central America, Argentina, and Peru.

Husqvarna

Market Cap: SEK 21.5b

Produces and sells outdoor power products, watering products, and lawn care power equipment.

CDW

Market Cap: €15.0b

Provides information technology (IT) solutions in the United States, the United Kingdom, and Canada.

C&D International Investment Group

Market Cap: HK$31.8b

An investment holding company, engages in the property development, real estate industry chain investment services, and industry investment activities in the People’s Republic of China.

Delta Air Lines

Market Cap: €38.2b

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

Middleby

Market Cap: US$6.8b

Designs, manufactures, markets, distributes, and services of commercial restaurant and food processing equipment worldwide.

Sanofi

Market Cap: €92.2b

Engages in the research, development, manufacture, and marketing of therapeutic solutions.

Intertek Group

Market Cap: €5.7b

Provides quality assurance solutions to various industries in the United Kingdom, the United States, China, Australia, and internationally.

On the Beach Group

Market Cap: €235.0m

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

Andritz

Market Cap: €6.2b

Engages in the provision of industrial machinery, equipment, and services in Europe, North America, South America, China, Asia, Africa, Australia, and internationally.

OceanaGold

Market Cap: €10.7b

Engages in the exploration, development, and operation of gold and gold/copper mines in the United States, the Philippines, and New Zealand.

Rithm Capital

Market Cap: US$5.3b

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

KBR

Market Cap: US$4.6b

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

Genpact

Market Cap: €6.5b

Provides business process outsourcing and information technology services in India, the rest of Asia, North and Latin America, and Europe.

Samsonite Group

Market Cap: HK$22.3b

Engages in the design, manufacture, sourcing, and distribution of luggage, business and computer bags, outdoor and casual bags, and travel accessories in Asia, North America, Europe, and Latin America.

REC

Market Cap: ₹872.9b

Engages in the provision of financing services for power generation, transmission, and distribution projects in India.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥36.7b

Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd.

Konica Minolta

Market Cap: JP¥251.1b

Engages in digital workplace, professional print, healthcare, and industry business in Japan, China, other Asian countries, the United States, Europe, and internationally.

GPT Group

Market Cap: AU$8.9b

GPT is one of Australia’s leading property groups, with assets under management of $34.1 billion across a portfolio of high quality retail, office and logistics assets.

China Railway Group

Market Cap: CN¥138.8b

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

Bethel Automotive Safety Systems

Market Cap: CN¥29.4b

Develops, manufactures, and sells automotive chassis systems and advanced driving systems in China.

Aeris Resources

Market Cap: AU$532.7m

Explores, produces, and sells precious metals in Australia.