Global Potentially Undervalued Companies

China Foods

Market Cap: HK$7.8b

An investment holding company, manufactures, distributes, markets, and sells Coca-Cola series products in the People’s Republic of China.

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

United Bank for Africa

Market Cap: ₦1.5t

Primarily provides corporate, commercial, and retail banking services in Nigeria, rest of Africa, and internationally.

PLDT

Market Cap: US$270.1b

Provides telecommunications and digital services in the Philippines.

Quest Resource Holding

Market Cap: €46.2m

Provides solutions for the reuse, recycling, and disposal of various waste streams and recyclables in the United States.

M.P. Evans Group

Market Cap: €539.1m

Through its subsidiaries, owns and develops oil palm plantations in Indonesia and Malaysia.

Lenovo Group

Market Cap: €112.9b

An investment holding company, develops, manufactures, and markets technology products and services.

Lithia Motors

Market Cap: €8.2b

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

Arnoldo Mondadori Editore

Market Cap: €560.7m

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

TotalEnergies

Market Cap: €114.7b

A multi-energy company, produces and markets oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables, and electricity in France, rest of Europe, and internationally.

Koenig & Bauer

Market Cap: €215.8m

Develops and manufactures printing and postprint systems worldwide.

ACM Research

Market Cap: €1.5b

Develops, manufactures, and sells capital equipment worldwide.

Bidvest Group

Market Cap: €80.7b

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

Bosideng International Holdings

Market Cap: €50.1b

Engages in the apparel business in the People’s Republic of China.

Fidelity National Financial

Market Cap: €14.9b

Provides various insurance products in the United States.

Ultimate Products

Market Cap: UK£62.8m

Supplies branded household products in the United Kingdom, Germany, Rest of Europe, and internationally.

Thungela Resources

Market Cap: €11.7b

Engages in the mining and production of thermal coal in South Africa and Australia.

Loomis

Market Cap: SEK 25.7b

Provides secure payment solutions in the United States, France, Switzerland, Spain, the United Kingdom, Sweden, and internationally.

Perrigo

Market Cap: €3.6b

Provides over-the-counter health and wellness solutions in the United States, Europe, and internationally.

Semapa - Sociedade de Investimento e Gestão SGPS

Market Cap: €1.4b

Through its subsidiaries, produces and sells uncoated woodfree (UWF) printing and writing paper in Portugal, rest of Europe, the United States, Africa, Asia, and Oceania.

Robert Walters

Market Cap: €137.5m

Provides professional recruitment consultancy services worldwide.

Casta Diva Group

Market Cap: €26.2m

Operates as a communication company in Italy and internationally.

CEWE Stiftung KGaA

Market Cap: €678.3m

Operates as a photo service and online printing provider in Germany and internationally.

SergeFerrari Group

Market Cap: €60.1m

Designs, develops, manufactures, and markets composite materials for lightweight architectural and outdoor applications in France and internationally.

Astra International

Market Cap: €186.6t

Operates in the automotive, financial services, heavy equipment, mining, construction, energy, agri, infrastructure and logistics, information technology, and property businesses in Indonesia and internationally.

Otsuka Holdings

Market Cap: €3.6t

Engages in the pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide.

Chorus Aviation

Market Cap: US$570.4m

Through its subsidiaries, provides aviation services.

Kenmare Resources

Market Cap: UK£354.7m

Engages in the production and sale of mineral sand products in China, rest of Asia, Europe, the United States, and internationally.

FNM

Market Cap: €179.6m

Engages in the railway mobility business in Italy.

Absa Group

Market Cap: €144.5b

Provides retail and business banking, corporate and investment banking, insurance, financial, and wealth management products and services in South Africa and internationally.

PORR

Market Cap: €1.1b

Operates as a construction company in Austria, Germany, Poland, the Czech Republic, Italy, Romania, Switzerland, Serbia, Great Britain, Slovakia, Norway, Belgium, and internationally.

Taylor Morrison Home

Market Cap: €5.8b

Operates as a land developer and homebuilder in the United States.

Nilfisk Holding

Market Cap: €2.5b

Develops, manufactures, and sells cleaning solutions and services worldwide.

Exxaro Resources

Market Cap: €36.1b

Engages in coal, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Asia, and internationally.

Seiko Epson

Market Cap: €587.8b

Develops, manufactures, sells, and provides services for products in the printing solutions, visual communications, manufacturing-related and wearables, and other businesses.

ACM Research

Market Cap: US$1.5b

Develops, manufactures, and sells capital equipment worldwide.