Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Pepper Money

Market Cap: €774.9m

Operates as a non-bank lender in the mortgage and asset finance markets in Australia and New Zealand.

Ernst Russ

Market Cap: €283.7m

A publicly owned investment manager.

Wienerberger

Market Cap: €2.7b

Produces and sells clay blocks, facing bricks, roof tiles, and ceramic pavers in Europe West, Europe East, and North America.

Valmet Oyj

Market Cap: €4.1b

Develops and supplies process technologies, automation, and services for the pulp, paper, and energy industries in North America, Latin America, EMEA, China, and Asia-Pacific.

HORNBACH Holding KGaA

Market Cap: €1.3b

Through its subsidiaries, develops and operates do-it-yourself (DIY) megastores with garden centers in Germany and other European countries.

Sanofi

Market Cap: €96.4b

Engages in the research, development, manufacture, and marketing of therapeutic solutions.

Suzano

Market Cap: R$55.4b

Manufactures and sells pulp and paper products in Brazil and internationally.

Sword Group

Market Cap: €294.9m

Provides IT and software solutions in Luxembourg, Europe, and Asia.

Acrow

Market Cap: €274.2m

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

Champion Iron

Market Cap: US$2.6b

Engages in the acquisition, exploration, development, and production of iron ore properties in Canada.

Forward Air

Market Cap: €678.7m

Operates as an asset-light freight and logistics company in the United States, Mexico, Europe, Asia, and Canada.

Talgo

Market Cap: €369.1m

Engages in design, manufacture, and maintenance of railway and auxiliary machinery for the maintenance of railway systems rolling stock worldwide.

CellaVision

Market Cap: SEK 2.9b

Develops and sells instruments, software, and reagents for blood and body fluids analysis in Sweden and internationally.

Alpha Bank

Market Cap: €7.7b

Provides various banking and financial products and services in Greece and internationally.

Andean Precious Metals

Market Cap: €953.4m

Engages in the acquisition, exploration, development, and processing of mineral resource properties in the United States.

Sleep Cycle

Market Cap: €311.1m

Engages in the development of sleep analysis applications in Sweden and internationally.

Pollard Banknote

Market Cap: €487.2m

Engages in the manufacture and sale of lottery and charitable gaming products and solutions in the United States, Canada, and internationally.

Atos

Market Cap: €640.6m

Provides digital transformation solutions and services in France and internationally.

Westwing Group

Market Cap: €246.3m

Operates as an e-commerce retailer in the home and living sector.

Arjo

Market Cap: SEK 6.6b

Develops and sells medical devices and solutions for patients for clinical and financial outcomes for healthcare in Europe, Asia, Latin America, Africa, and the Pacific.

Corebridge Financial

Market Cap: €13.0b

Provides retirement solutions and insurance products in the United States.

A. O. Smith

Market Cap: €8.8b

Manufactures and markets residential and commercial gas and electric water heaters, boilers, heat pumps, tanks, and water treatment products in North America, China, Europe, and India.

Regis Resources

Market Cap: €5.2b

Engages in the exploration, evaluation, and development of gold projects in Australia.

Alcoa

Market Cap: €16.5b

Engages in the bauxite mining, alumina refining, aluminum production, and energy generation business in Australia, Brazil, Canada, Iceland, Norway, Spain, the United States, and internationally.

Brinker International

Market Cap: €6.4b

Owns, develops, operates, and franchises casual dining restaurants in the United States and internationally.

Rainbow Tours

Market Cap: €2.0b

Operates as a tour operator in Poland, the Czech Republic, Greece, Spain, Turkey, Slovakia, Lithuania, and internationally.

Ansell

Market Cap: €3.7b

Designs, sources, develops, manufactures, distributes, and sells hand and body protection solutions in the Asia Pacific, Europe, the Middle East, Africa, Latin America, the Caribbean, and North America.

ProCredit Holding

Market Cap: €481.8m

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

Compagnie Chargeurs Invest

Market Cap: €203.7m

Operates as an industrial and financial company in France, Italy, Germany, the United States, Mainland China, Hong Kong, the United Kingdom, and internationally.

Carnival Corporation &

Market Cap: €35.6b

A cruise company, provides leisure travel services in North America, Australia, Europe, and internationally.

Hollywood Bowl Group

Market Cap: UK£426.6m

Operates ten-pin bowling and mini-golf centers in the United Kingdom and Canada.

Infotel

Market Cap: €241.7m

Designs, develops, markets, and maintains software solutions in the areas of security, performance, and management in France, rest of Europe, and the United States.

Atos

Market Cap: €640.6m

Provides digital transformation solutions and services in France and internationally.

Accenture

Market Cap: €110.7b

Provides strategy and consulting, industry X, song, and technology and operation services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

American Integrity Insurance Group

Market Cap: €379.3m

Operates as an insurance company in the United States.