Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Beijing New Building Materials

Market Cap: CN¥44.2b

Manufactures and sells building materials in China.

4imprint Group

Market Cap: UK£1.0b

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

FRP Advisory Group

Market Cap: UK£287.5m

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

Chongqing Baiya Sanitary Products

Market Cap: CN¥8.0b

Chongqing Baiya Sanitary Products Co., Ltd.

ShenZhen YUTO Packaging Technology

Market Cap: CN¥34.8b

Engages in the research, design, development, production, and sale of paper printing and packaging products in China and internationally.

Bank Mandiri (Persero)

Market Cap: Rp409.3t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Malaysia, Hong Kong, Timor Leste, Shanghai, England, and the Cayman Islands.

Ansell

Market Cap: AU$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.

Guangdong Haid Group

Market Cap: CN¥81.6b

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

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp278.4t

Provides information and communications technology, and telecommunications network services worldwide.

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.

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥12.2b

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

Industri Jamu dan Farmasi Sido Muncul

Market Cap: Rp14.7t

Provides herbal medicines, cosmetics, and foods and beverage products in Indonesia.

Inspur Digital Enterprise Technology

Market Cap: HK$2.8b

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.

Stanmore Resources

Market Cap: AU$2.1b

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

Far East Horizon

Market Cap: HK$35.9b

Provides various financial services in Mainland China, Hong Kong, and internationally.

Acrow

Market Cap: AU$271.1m

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

Metcash

Market Cap: AU$3.0b

Operates as a wholesale distribution and marketing company in Australia.

Military Commercial Bank

Market Cap: ₫209.8t

Provides banking products and services in Vietnam.

Hansen Technologies

Market Cap: AU$1.0b

Engages in the development, integration, and support of billing and customer information systems.

Vietnam International Commercial Bank

Market Cap: ₫55.5t

Provides various banking products and services to organizations and individuals primarily in Vietnam.

Duc Giang Chemicals Group

Market Cap: ₫20.4t

Manufactures industrial products in Vietnam.

ABM Industries

Market Cap: US$2.4b

Through its subsidiaries, engages in the provision of facility maintenance, engineering and infrastructure solutions in the United States and internationally.

Geely Automobile Holdings

Market Cap: US$247.3b

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

Red Rock Resorts

Market Cap: US$5.4b

Through its interest in Station Casinos LLC, develops and manages casino and entertainment properties in the United States.

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.

LKQ

Market Cap: US$8.1b

Engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories.

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.

High Tide

Market Cap: US$290.9m

Engages in the cannabis retail business in Canada, the United States, and internationally.

Yalla Group

Market Cap: US$1.0b

Operates a social networking and gaming platform in the Middle East and North Africa region.

ACI Worldwide

Market Cap: US$4.4b

Develops, markets, installs, and supports software products and services for facilitating electronic payments in the United States and worldwide.

Prudential

Market Cap: UK£27.5b

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

BRP

Market Cap: CA$5.6b

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

Persimmon

Market Cap: UK£3.4b

Operates as a house builder in the United Kingdom.

Concentra Group Holdings Parent

Market Cap: US$2.9b

Provides occupational health services in the United States.