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.

Steelcase

Market Cap: €1.2b

Provides a portfolio of furniture and architectural products and services in the United States and internationally.

CES Energy Solutions

Market Cap: €1.5b

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

Ultimate Products

Market Cap: UK£63.1m

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

Fidelity National Financial

Market Cap: €15.0b

Provides various insurance products in the United States.

Thungela Resources

Market Cap: €12.0b

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

Perrigo

Market Cap: €3.6b

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

Valeura Energy

Market Cap: €770.5m

Engages in the exploration, development, and production of petroleum and natural gas in Thailand and in Turkey.

Otsuka Holdings

Market Cap: €3.7t

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

Gauzy

Market Cap: US$147.1m

An integrated light and vision control company, develops, manufactures, and supplies vision and light control technologies in Israel, the United States, France, rest of Europe, Asia, and internationally.

Nilfisk Holding

Market Cap: €2.5b

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

FNM

Market Cap: €178.3m

Engages in the railway mobility business in Italy.

Origin Enterprises

Market Cap: €378.3m

Provides agronomy services company in Ireland, the United Kingdom, Brazil, Poland, Romania, Latin America, and internationally.

Absa Group

Market Cap: €144.7b

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

Exxaro Resources

Market Cap: €35.5b

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

Koenig & Bauer

Market Cap: €217.1m

Develops and manufactures printing and postprint systems worldwide.

Bidvest Group

Market Cap: €81.6b

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

ACM Research

Market Cap: €1.5b

Develops, manufactures, and sells capital equipment worldwide.

Bosideng International Holdings

Market Cap: €50.3b

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

CENIT

Market Cap: €78.3m

Operates as an IT consultancy and software company that serves manufacturing and financial services industries in Germany, Austria, Switzerland, North America, Romania, France, Belgium, the Netherlands, and China.

Seiko Epson

Market Cap: €590.4b

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

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.

Kenmare Resources

Market Cap: UK£347.5m

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

Lithia Motors

Market Cap: €8.3b

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

Robert Walters

Market Cap: €137.5m

Provides professional recruitment consultancy services worldwide.

TotalEnergies

Market Cap: €115.6b

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.

Arnoldo Mondadori Editore

Market Cap: €564.6m

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

Pollard Banknote

Market Cap: €559.8m

Manufactures and sells lottery and charitable gaming products and solutions in the United States, Canada, and internationally.

DOF Group

Market Cap: €21.9b

Owns and operates a fleet of offshore and subsea vessels.

Teva Pharmaceutical Industries

Market Cap: €19.7b

Develops, manufactures, markets, and distributes generic and other medicines, and biopharmaceutical products in the United States, Europe, Israel, and internationally.

Kumba Iron Ore

Market Cap: €92.1b

Engages in the exploration, extraction, beneficiation, marketing, sale, and shipping of iron ore for the steel industry in South Africa.

China Hongqiao Group

Market Cap: €132.9b

An investment holding company, manufactures and sells aluminum products.

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.

Asahi Group Holdings

Market Cap: €2.9t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.