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.

Galp Energia SGPS

Market Cap: €9.8b

Operates as an integrated energy operator in Portugal and internationally.

Pierre et Vacances

Market Cap: €661.4m

Engages in the property development and tourism businesses in Europe and internationally.

Esprinet

Market Cap: €195.5m

Engages in the wholesale distribution of information technology (IT) products and consumer electronics in Italy, Spain, Portugal, and rest of Europe.

ProCredit Holding

Market Cap: €618.4m

Provides commercial banking products and services for small and medium enterprises and private customers in Europe, South America, and Germany.

DOF Group

Market Cap: €21.9b

Owns and operates a fleet of offshore and subsea vessels.

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.

Montea Comm. VA

Market Cap: €1.5b

Montea NV is a public regulated real estate company under Belgian law (GVV/SIR) that specializes in logistics real estate in Belgium, the Netherlands, France, and Germany.

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.

China Hongqiao Group

Market Cap: €129.9b

An investment holding company, manufactures and sells aluminum products.

Acrow

Market Cap: AU$317.2m

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

lastminute.com

Market Cap: CHF 174.1m

Operates in the online travel industry providing dynamic holiday packages in Italy, Spain, the United Kingdom, France, Germany, and internationally.

Regional Management

Market Cap: €262.4m

A diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States.

ProCredit Holding

Market Cap: €618.4m

Provides commercial banking products and services for small and medium enterprises and private customers in Europe, South America, and Germany.

Arcadis

Market Cap: €4.1b

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

BWG

Market Cap: NOK 15.8b

An investment holding company, engages in ship owning and chartering activities worldwide.

Ultimate Products

Market Cap: UK£63.8m

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

Steelcase

Market Cap: €1.2b

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

q.beyond

Market Cap: €110.6m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

Pollard Banknote

Market Cap: €558.4m

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

Absa Group

Market Cap: €143.8b

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

Regional Management

Market Cap: US$262.4m

A diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States.

MGM Resorts International

Market Cap: US$8.6b

Through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally.

Capgemini

Market Cap: €24.9b

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.

KWS SAAT SE KGaA

Market Cap: €1.9b

KWS SAAT SE & Co. KGaA breeds, produces, and distributes seeds for agriculture.

FNM

Market Cap: €191.4m

Engages in the railway mobility business in Italy.

CVS Health

Market Cap: US$81.0b

Provides health solutions in the United States.

Hu Lane Associate

Market Cap: NT$14.3b

Engages in manufacture and sale of terminal devices, terminal crimping, industrial rubber, and plastic products in Taiwan.

Oceania Healthcare

Market Cap: AU$456.3m

Owns and operates retirement villages and care centres in New Zealand.

Loomis

Market Cap: SEK 25.4b

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

Fidelity National Financial

Market Cap: €15.0b

Provides various insurance products in the United States.

Capgemini

Market Cap: €24.9b

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.

PLDT

Market Cap: US$262.7b

Provides telecommunications and digital services in the Philippines.

M.P. Evans Group

Market Cap: €541.7m

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

Lenovo Group

Market Cap: €112.1b

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