Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

BRP

Market Cap: €5.6b

Designs, develops, manufactures, and sells powersports vehicles and marine products in the United States, Canada, Europe, Asia Pacific, Latin America, and internationally.

4imprint Group

Market Cap: UK£1.0b

Operates as a direct marketer of promotional products in North America, the United Kingdom, and Ireland.

Guangdong Haid Group

Market Cap: CN¥81.6b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

NSL Foods

Market Cap: ฿6.5b

Engages in the manufacture and distribution of bakery and snack products in Thailand.

FRP Advisory Group

Market Cap: UK£285.7m

Provides business advisory services to companies, lenders, investors, individuals, and other stakeholders in the United Kingdom.

Gamma Communications

Market Cap: UK£846.1m

Provides technology-based communications and software services to small, medium, and large-sized organizations in the United Kingdom, rest of Europe, and internationally.

A.G. BARR

Market Cap: UK£708.0m

Manufactures, distributes, and sells soft drinks and cocktail solutions in the United Kingdom and internationally.

Beijing Dabeinong Technology GroupLtd

Market Cap: CN¥16.7b

Beijing Dabeinong Technology Group Co.,Ltd.

Hangzhou Binjiang Real Estate GroupLtd

Market Cap: CN¥29.7b

Engages in the real estate development and related businesses in China.

Industrial Bank

Market Cap: CN¥379.5b

Provides banking products and services in the People’s Republic of China.

Lion

Market Cap: JP¥420.6b

Manufactures and sells consumer and industrial products in Japan and internationally.

Bear Electric ApplianceLtd

Market Cap: CN¥6.4b

Engages in the research and development, design, production, and sale of small household appliances under Bear brand name in China and internationally.

Konica Minolta

Market Cap: JP¥249.5b

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

Sansiri

Market Cap: ฿24.5b

Engages in the property development business in Thailand.

Anhui Conch Cement

Market Cap: CN¥106.2b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

Shenzhen Gas

Market Cap: CN¥19.9b

Provides urban gas, natural gas, and LPG energy.

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.

Imperial Brands

Market Cap: UK£21.8b

Manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, the Asia, Australasia, and internationally.

Sangoma Technologies

Market Cap: US$191.0m

Develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications in the United States of America and internationally.

NatWest Group

Market Cap: UK£45.0b

Provides banking and financial products and services in the United Kingdom and internationally.

Babcock International Group

Market Cap: UK£5.4b

Engages in the design, development, manufacture, and integration of specialist systems for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally.

Rohto PharmaceuticalLtd

Market Cap: JP¥532.7b

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

SaizeriyaLtd

Market Cap: JP¥248.1b

Operates restaurants in Japan, Australia, Indonesia and Asia.

Mears Group

Market Cap: UK£340.3m

Provides various outsourced services to the public and private sectors in the United Kingdom.

Prudential

Market Cap: UK£27.5b

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

Andean Precious Metals

Market Cap: €957.9m

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

Ansell

Market Cap: €3.7b

Designs, sources, develops, manufactures, distributes, and sells hand and body protection solutions in the Asia Pacific, Europe, the Middle East, Africa, Latin America, the Caribbean, and North America.

Transcontinental

Market Cap: €462.3m

Engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, and internationally.

Lithia Motors

Market Cap: €6.6b

Operates as an automotive retailer in the United States, the United Kingdom, and Canada.

Royal Caribbean Cruises

Market Cap: €71.2b

Operates as a cruise company worldwide.

ICG

Market Cap: UK£5.3b

A private equity firm specializing in direct and fund of fund investments.

Nippon Paint Holdings

Market Cap: JP¥2.3t

Engages in the paints and fine chemicals businesses in Japan, Asia, the United States, Europe, and internationally.

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥12.2b

Operates as contract development and manufacturing organization (CDMO) company in China and internationally.

Hollywood Bowl Group

Market Cap: UK£427.5m

Operates ten-pin bowling and mini-golf centers in the United Kingdom and Canada.

Kumagai GumiLtd

Market Cap: JP¥254.2b

Operates as a construction company in Japan and internationally.