Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

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.

Beijing Urban Construction Investment & Development

Market Cap: CN¥10.2b

Beijing Urban Construction Investment & Development Co., Ltd.

PLDT

Market Cap: US$276.6b

Provides telecommunications and digital services in the Philippines.

Beazley

Market Cap: €4.7b

Provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally.

Alibaba Group Holding

Market Cap: US$270.7b

Through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally.

Tsingtao Brewery

Market Cap: €85.5b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Serabi Gold

Market Cap: CA$150.7m

Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.

KBR

Market Cap: US$6.4b

Provides scientific, technology, and engineering solutions to governments and commercial customers worldwide.

Wesdome Gold Mines

Market Cap: €2.4b

Wesdome Gold Mines Ltd. mines, develops, and explores for gold and silver deposits in Canada.

Ganyuan Foods

Market Cap: CN¥5.3b

Engages in the research and development, production, and sale of snack foods in China.

Capgemini

Market Cap: €20.9b

Provides consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

Semapa - Sociedade de Investimento e Gestão SGPS

Market Cap: €1.4b

Through its subsidiaries, produces and sells pulp, printing and writing papers, and tissues in Portugal, the rest of Europe, the United States, Africa, Asia, and Oceania.

Guangdong Mingyang ElectricLtd

Market Cap: CN¥13.6b

Engages in the research, development, production, and sale of high/low voltage switchgear, transformer, and power transmission and distribution equipment in China.

Grafton Group

Market Cap: €1.7b

Distributes and sells building materials and construction related products in Ireland, the United Kingdom, the Netherlands, Finland, and Spain.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥12.2b

Manufactures and sells steel structures and supporting products in China and internationally.

Chorus Aviation

Market Cap: US$554.3m

Through its subsidiaries, provides aviation services.

Business First Bancshares

Market Cap: US$704.0m

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

Royal Unibrew

Market Cap: DKK 23.5b

Provides beer, soft drinks, malt beverages, energy drinks, cider/ready to drink, juice, water, and wine and spirits.

Axalta Coating Systems

Market Cap: US$6.6b

Through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Universal Health Services

Market Cap: US$11.4b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities.

Capgemini

Market Cap: €20.9b

Provides consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

Prosegur Cash

Market Cap: €1.1b

Provides integrated cash cycle management solutions and automating payments in retail establishments and ATM management for financial institutions, retail establishments, business, government agencies, central banks, mints, and jewellery stores in Europe, LATAM, and internationally.

Bethel Automotive Safety Systems

Market Cap: CN¥31.5b

Develops, manufactures, and sells automotive safety systems and advanced driver assistance systems in China.

Shenzhen Fuanna Bedding and FurnishingLtd

Market Cap: CN¥6.1b

Engages in the research and development, design, production, and sale of textile home furnishing, sleep home furnishing, and living products in China and internationally.

Central Asia Metals

Market Cap: €279.7m

Operates as a base metals producer.

Genpact

Market Cap: €7.6b

Provides business process outsourcing and information technology services in India, rest of Asia, North and Latin America, and Europe.

Xerox Holdings

Market Cap: US$505.8m

Operates as a workplace technology company that integrates hardware, services, and software for enterprises in North America, Latin America, Europe, the Middle East, Africa, India, and internationally.

CES Energy Solutions

Market Cap: €1.7b

Engages in the design, implementation, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada.

Infinity Natural Resources

Market Cap: US$824.3m

Engages in the acquisition, exploration, and development of properties to produce oil, natural gas, and natural gas liquids from underground reservoirs in the United States.

Shenzhen Fuanna Bedding and FurnishingLtd

Market Cap: CN¥6.1b

Engages in the research and development, design, production, and sale of textile home furnishing, sleep home furnishing, and living products in China and internationally.

Middle East Healthcare

Market Cap: ر.س5.4b

A healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Middle East and North Africa.

Beijing New Building Materials

Market Cap: CN¥45.4b

Manufactures and sells building materials in China and internationally.

Shenzhen Transsion Holdings

Market Cap: CN¥93.1b

Provides smart devices and mobile services in Africa, South and Southeast Asia, the Middle East, Latin America, and internationally.

CESC

Market Cap: ₹216.0b

An integrated electrical utility company, engages in the generation and distribution of electricity in India.

REC

Market Cap: ₹1.0t

Engages in the provision of financing services for power generation, transmission, and distribution projects in India.