Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Jazz Pharmaceuticals

Market Cap: €11.2b

Jazz Pharmaceuticals plc identifies, develops, and commercializes pharmaceutical products in the United States, Europe, and internationally.

CDW

Market Cap: €15.1b

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

DENTSPLY SIRONA

Market Cap: €2.4b

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

BYD Electronic (International)

Market Cap: US$70.6b

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.

Ping An Bank

Market Cap: CN¥211.1b

Provides commercial banking products and services for individual and corporate customers, government agencies, institutions, and other small businesses in China and internationally.

China Mengniu Dairy

Market Cap: HK$63.2b

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

Aeon (M) Bhd

Market Cap: RM 1.5b

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

Tsingtao Brewery

Market Cap: CN¥72.6b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Universal Store Holdings

Market Cap: AU$632.9m

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

Inspur Digital Enterprise Technology

Market Cap: HK$3.9b

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.

DEXUS

Market Cap: AU$6.4b

A leading Australasian fully integrated real asset group, managing a high-quality Australasian real estate and infrastructure portfolio valued at $51.5 billion.

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.

Stanmore Resources

Market Cap: AU$2.3b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥5.4b

Produces and sells solid content, water-based solvent free, and special function coating products in China.

Trajan Group Holdings

Market Cap: AU$67.1m

Develops, manufactures, and sells analytical and life science products and devices in Malaysia, Japan, Australia, New Zealand, the United States, Europe, the Middle East, Africa, and India.

CITIC

Market Cap: HK$332.8b

Operates in the financial services, advanced intelligent manufacturing, advanced materials, consumption, and urbanization businesses in the Mainland of China, Hong Kong, and internationally.

Metcash

Market Cap: AU$3.2b

Operates as a wholesale distribution and marketing company in Australia.

Migros Ticaret

Market Cap: ₺105.7b

Engages in the retail sale of food and beverages, consumer, and durables goods in Turkey.

Grand Pharmaceutical Group

Market Cap: HK$24.5b

An investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical preparations and medical devices, biotechnology and healthcare products, and pharmaceutical raw materials.

NCSOFT

Market Cap: ₩4.3t

Develops and publishes online games in Korea, Japan, Taiwan, the United States of America, Europe, and Canada.

Fauji Cement

Market Cap: PK₨95.6b

Engages in the manufacturing and selling of various types of cement in Pakistan.

China Railway Group

Market Cap: CN¥130.4b

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

Tokai Carbon

Market Cap: JP¥196.1b

Manufactures and sells carbon-related products and services in Japan.

Canara Bank

Market Cap: ₹1.2t

Provides various banking products and services in India and internationally.

Fosun International

Market Cap: HK$31.4b

Operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally.

Beijing New Building Materials

Market Cap: CN¥43.9b

Manufactures and sells building materials in China and internationally.

Sansiri

Market Cap: ฿24.3b

Engages in the property development business in Thailand.

IndiQube Spaces

Market Cap: ₹31.0b

Provides workplace solutions and value-added services in India.

China Resources Land

Market Cap: HK$210.5b

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

Innocean Worldwide

Market Cap: ₩782.8b

Provides marketing and communications services in the Americas, Europe, Asia, Oceania, the Middle East, and internationally.

C&D International Investment Group

Market Cap: HK$30.0b

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.

Aurelia Metals

Market Cap: AU$397.9m

Engages in the exploration and production of mineral properties in Australia.

Rohto PharmaceuticalLtd

Market Cap: JP¥533.6b

Manufactures and markets pharmaceutical products, cosmetics, and functional foods worldwide.

GWA Group

Market Cap: AU$568.8m

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

Xtep International Holdings

Market Cap: HK$13.1b

Designs, develops, manufactures, markets, and sells sports footwear, apparel, and accessories for adults and children in Mainland China.