Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

LX Semicon

Market Cap: ₩799.4b

Operates as a semiconductor company in South Korea, China, Vietnam, Taiwan, Japan, and internationally.

WemadeLtd

Market Cap: ₩843.4b

Develops and publishes games in South Korea and internationally.

MCNEX

Market Cap: ₩454.3b

Manufactures and sells camera modules in South Korea and internationally.

Fluor

Market Cap: US$6.5b

Provides engineering, procurement, and construction (EPC); fabrication and modularization; and project management services worldwide.

Crown Castle

Market Cap: US$38.8b

Crown Castle owns, operates and leases approximately 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S.

Kaufman & Broad

Market Cap: €586.4m

Operates as a property developer and builder in France.

Premier Foods

Market Cap: UK£1.5b

Manufactures, distributes, and sells branded and own label food products in the United Kingdom, other European countries, and internationally.

Carmila

Market Cap: €2.4b

As the third-largest listed owner of commercial property in Europe, Carmila was founded by Carrefour and large institutional investors in order to enhance the value of shopping centres adjoining Carrefour hypermarkets in France, Spain and Italy.

Sansiri

Market Cap: ฿23.4b

Engages in the property development business in Thailand.

Honeywell International

Market Cap: €124.7b

Engages in the aerospace technologies, industrial automation, building automation, and energy and sustainable solutions businesses in the United States, Europe, and internationally.

SILICON2

Market Cap: ₩2.4t

Engages in the distribution of cosmetics products worldwide.

Uber Technologies

Market Cap: €170.6b

Develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

F&F

Market Cap: ₩2.6t

Manufactures and sells sewn wearing apparels in South Korea.

DEME Group

Market Cap: €3.5b

Provides marine solutions in the fields of offshore energy, dredging, marine infrastructure, and environmental works in Belgium, Europe, Africa, the United States, Asia, Oceania, and the Middle East.

Aalberts

Market Cap: €3.0b

Offers mission-critical technologies for building, industry, and semicon markets in Europe, the United States, the Asia Pacific, the Middle East, and Africa.

Capgemini

Market Cap: €24.2b

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: €928.8m

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.

Argan

Market Cap: €1.7b

ARGAN is the only French real estate company specializing in the DEVELOPMENT & RENTAL OF PREMIUM WAREHOUSES listed on EURONEXT and is the leading player of its market in France.

KBR

Market Cap: US$5.2b

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

United Bank for Africa

Market Cap: ₦1.7t

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

Arcadis

Market Cap: €3.1b

Offers design, engineering, architecture, and consultancy solutions for natural and built assets in The Americas, Europe, the Middle East, and the Asia Pacific.

Sanwa Holdings

Market Cap: JP¥864.3b

Through its subsidiaries, manufactures and sells construction materials for commercial and residential buildings in Japan, North America, Europe, and Asia.

JVM

Market Cap: ₩297.7b

Develops and sells automation systems and software of dispensing, packaging, and medication management for hospitals and pharmacies worldwide.

Srisawad Corporation

Market Cap: ฿42.4b

Provides financial services in Thailand and internationally.

BAE Systems

Market Cap: €51.0b

Provides defense, aerospace, and security solutions in the United States, the United Kingdom, the Middle East, Australia, Japan, Europe, and internationally.

HD Hyundai Construction Equipment

Market Cap: ₩1.6t

HD Hyundai Construction Equipment Co.,Ltd.

Cabka

Market Cap: €43.9m

Manufactures and sells pallets and large containers made from recycled plastic in Europe, North America, and internationally.

Rithm Capital

Market Cap: US$6.1b

Operates as an asset manager focused on real estate, credit, and financial services in the United States.

MONY Group

Market Cap: UK£962.6m

Engages in the provision of price comparison and lead generation services through its websites and applications in the United Kingdom.

Housing and Development Bank- Egypt (S.A.E)

Market Cap: ج.م47.6b

Together with its, provides corporate and retail banking services in Egypt.

Econocom Group

Market Cap: €275.3m

Designs and develops digital solutions for public and private companies in Belgium and internationally.

Global Dominion Access

Market Cap: €496.4m

Provides integral services for business process efficiency and sustainability worldwide.

Gecina

Market Cap: €6.0b

A leading operator, that fully integrates all real estate expertise, owning, managing, and developing a unique prime portfolio valued at €17.0bn as at June 30, 2025.

Vieworks

Market Cap: ₩175.9b

Develops, manufactures, and sells imaging systems and solutions.

LPKF Laser & Electronics

Market Cap: €136.7m

Develops, manufactures, and sells laser-based solutions for the technology industry worldwide.