Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

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.

Security Bank

Market Cap: ₱51.5b

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

Rohto PharmaceuticalLtd

Market Cap: JP¥533.6b

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

Konica Minolta

Market Cap: JP¥245.8b

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

Bayerische Motoren Werke

Market Cap: US$46.1b

Develops, manufactures, and sells automobiles and motorcycles, spare parts, and accessories worldwide.

Green Thumb Industries

Market Cap: €2.1b

Manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States.

JOYY

Market Cap: US$2.9b

Engages in the provision of social product matrix and communication technology.

American Integrity Insurance Group

Market Cap: €373.2m

Operates as an insurance company in the United States.

Torex Gold Resources

Market Cap: US$5.3b

A mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Mexico and the United States.

Arnoldo Mondadori Editore

Market Cap: €511.0m

Engages in publishing of books and magazines in Italy, rest of Europe, and the United States.

Orion Group Holdings

Market Cap: US$412.5m

Operates as a specialty construction company for the infrastructure, industrial, and building sectors in the United States, Canada, and the Caribbean Basin.

OceanaGold

Market Cap: €9.4b

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

Enovis

Market Cap: US$1.3b

A medical technology company, focuses on developing clinically differentiated solutions in the United States and internationally.

Intrum

Market Cap: €5.1b

Provides payment solutions, and credit and collection services in Europe and internationally.

q.beyond

Market Cap: €89.7m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

Flowco Holdings

Market Cap: US$2.3b

Through its subsidiaries, provides production optimization, artificial lift, and emissions management and monetization solutions for the oil and natural gas industry in the United States.

Infotel

Market Cap: €241.4m

Designs, develops, markets, and maintains software solutions in the areas of security, performance, and management in France, rest of Europe, and the United States.

Euroseas

Market Cap: US$496.5m

Provides ocean-going transportation services worldwide.

Forward Air

Market Cap: €489.4m

Operates as an asset-light freight and logistics company in the United States, Mexico, Europe, Asia, and Canada.

Tokuyama

Market Cap: €267.9b

Produces and sells various chemical products in Japan.

China Yuchai International

Market Cap: €1.5b

Manufactures, assembles, and sells diesel and natural gas engines for trucks, buses, pickups, construction and agricultural equipment, and marine and power generation applications.

Geely Automobile Holdings

Market Cap: US$210.5b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

China Hongqiao Group

Market Cap: €344.3b

An investment holding company, manufactures and sells aluminum products.

Eiffage

Market Cap: €12.3b

Engages in the construction and concessions industries in France, rest of Europe, and internationally.

Business First Bancshares

Market Cap: US$859.6m

Operates as the bank holding company for b1BANK that provides various banking products and services in Louisiana and Texas.

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.

ING Groep

Market Cap: €63.1b

Provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally.

KWS SAAT SE KGaA

Market Cap: €2.2b

KWS SAAT SE & Co. KGaA breeds, produces, and distributes seeds for agriculture.

Befesa

Market Cap: €1.1b

Offers environmental recycling services to the steel and aluminum industries in the European, Asian, and North American markets.

Husqvarna

Market Cap: SEK 20.1b

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

OSB Group

Market Cap: UK£1.9b

Through its subsidiaries, operates as a specialist mortgage lending company in the United Kingdom and India.

Brinker International

Market Cap: €6.3b

Owns, develops, operates, and franchises casual dining restaurants in the United States and internationally.

Maisons du Monde

Market Cap: €39.1m

Through its subsidiaries, provides home and living room related products in France and internationally.

Bertrandt

Market Cap: €151.2m

Provides engineering services.

Bidvest Group

Market Cap: €77.1b

An investment holding company, engages in services, trading, and distribution businesses in South Africa and internationally.