Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Pepper Money

Market Cap: €774.9m

Operates as a non-bank lender in the mortgage and asset finance markets in Australia and New Zealand.

Duc Giang Chemicals Group

Market Cap: ₫20.4t

Manufactures industrial products in Vietnam.

Military Commercial Bank

Market Cap: ₫209.8t

Provides banking products and services in Vietnam.

XP

Market Cap: US$9.5b

Provides financial products and services in Brazil.

China Life Insurance

Market Cap: US$1.1t

Operates as a life insurance company in the People’s Republic of China.

Ernst Russ

Market Cap: €283.7m

A publicly owned investment manager.

Calfrac Well Services

Market Cap: US$554.3m

Provides specialized oilfield services in Canada, the United States, and Argentina.

Wienerberger

Market Cap: €2.7b

Produces and sells clay blocks, facing bricks, roof tiles, and ceramic pavers in Europe West, Europe East, and North America.

Valmet Oyj

Market Cap: €4.1b

Develops and supplies process technologies, automation, and services for the pulp, paper, and energy industries in North America, Latin America, EMEA, China, and Asia-Pacific.

HORNBACH Holding KGaA

Market Cap: €1.3b

Through its subsidiaries, develops and operates do-it-yourself (DIY) megastores with garden centers in Germany and other European countries.

Sanofi

Market Cap: €96.4b

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

Suzano

Market Cap: R$55.4b

Manufactures and sells pulp and paper products in Brazil and internationally.

Sword Group

Market Cap: €294.9m

Provides IT and software solutions in Luxembourg, Europe, and Asia.

Euroseas

Market Cap: US$499.3m

Provides ocean-going transportation services worldwide.

Acrow

Market Cap: €274.2m

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

Champion Iron

Market Cap: US$2.6b

Engages in the acquisition, exploration, development, and production of iron ore properties in Canada.

Forward Air

Market Cap: €678.7m

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

Talgo

Market Cap: €369.1m

Engages in design, manufacture, and maintenance of railway and auxiliary machinery for the maintenance of railway systems rolling stock worldwide.

CellaVision

Market Cap: SEK 2.9b

Develops and sells instruments, software, and reagents for blood and body fluids analysis in Sweden and internationally.

Alpha Bank

Market Cap: €7.7b

Provides various banking and financial products and services in Greece and internationally.

Andean Precious Metals

Market Cap: €953.4m

Engages in the acquisition, exploration, development, and processing of mineral resource properties in the United States.

Sleep Cycle

Market Cap: €311.1m

Engages in the development of sleep analysis applications in Sweden and internationally.

Pollard Banknote

Market Cap: €487.2m

Engages in the manufacture and sale of lottery and charitable gaming products and solutions in the United States, Canada, and internationally.

Atos

Market Cap: €640.6m

Provides digital transformation solutions and services in France and internationally.

Westwing Group

Market Cap: €246.3m

Operates as an e-commerce retailer in the home and living sector.

Prudential

Market Cap: UK£27.5b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.

Howden Joinery Group

Market Cap: UK£4.2b

Supplies various kitchen, joinery, and hardware products in the United Kingdom, France, Belgium, and the Republic of Ireland.

Arjo

Market Cap: SEK 6.6b

Develops and sells medical devices and solutions for patients for clinical and financial outcomes for healthcare in Europe, Asia, Latin America, Africa, and the Pacific.

FirstSun Capital Bancorp

Market Cap: US$991.2m

Operates as the bank holding company for Sunflower Bank, National Association that provides commercial and consumer banking and financial services to small and medium-sized companies in the United States.

Corebridge Financial

Market Cap: €13.0b

Provides retirement solutions and insurance products in the United States.

A. O. Smith

Market Cap: €8.8b

Manufactures and markets residential and commercial gas and electric water heaters, boilers, heat pumps, tanks, and water treatment products in North America, China, Europe, and India.

Regis Resources

Market Cap: €5.2b

Engages in the exploration, evaluation, and development of gold projects in Australia.

Alcoa

Market Cap: €16.5b

Engages in the bauxite mining, alumina refining, aluminum production, and energy generation business in Australia, Brazil, Canada, Iceland, Norway, Spain, the United States, and internationally.

Brinker International

Market Cap: €6.4b

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

Rainbow Tours

Market Cap: €2.0b

Operates as a tour operator in Poland, the Czech Republic, Greece, Spain, Turkey, Slovakia, Lithuania, and internationally.