Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

MINISO Group Holding

Market Cap: €4.0b

An investment holding company, engages in the retail and wholesale of design-led lifestyle and pop toy products in Mainland China, the rest of Asia, North and Latin America, Europe, and internationally.

Fresenius SE KGaA

Market Cap: €21.0b

A health care company, provides products and services for chronically ill patients in North America, Europe, the Asia-Pacific, Latin America, and Africa.

Bosideng International Holdings

Market Cap: €48.7b

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

Exxaro Resources

Market Cap: €49.8b

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

AMG Critical Materials

Market Cap: US$1.2b

Develops, produces, and sells energy storage materials in the United States, China, Germany, France, Japan, Brazil, Africa, and internationally.

A. O. Smith

Market Cap: €7.9b

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.

CENIT

Market Cap: €69.5m

Provides software solutions and integration services.

Equasens Société anonyme

Market Cap: €578.7m

Provides healthcare IT solutions in Europe.

Bayerische Motoren Werke

Market Cap: US$40.5b

Develops, manufactures, and sells automobiles and motorcycles, spare parts, and accessories worldwide.

Zijin Gold International

Market Cap: €273.5b

An investment holding company, engages in the exploration, mining, processing, smelting, refining, and sale of gold and other non-ferrous metals.

Viva Energy Group

Market Cap: AU$3.7b

Operates as an energy company in Australia, Singapore, and Papua New Guinea.

Regis Resources

Market Cap: AU$4.4b

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

Ingenia Communities Group

Market Cap: AU$1.7b

A leading operator, owner and developer of communities offering quality affordable rental and holiday accommodation focused on the growing seniors’ market in Australia.

Industrial Bank

Market Cap: CN¥393.8b

Provides banking products and services in the People’s Republic of China.

Cosmax

Market Cap: ₩1.9t

Researches, develops, produces, and manufactures cosmetic and health function food products in Korea and internationally.

Indofood Sukses Makmur

Market Cap: Rp56.4t

Operates as a food solutions company in Indonesia, rest of Asia, Africa, and internationally.

Ganyuan Foods

Market Cap: CN¥4.0b

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

Hwaseung Enterprise

Market Cap: ₩225.1b

Manufactures and sells shoes.

Fosun International

Market Cap: HK$32.1b

Operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally.

Ansell

Market Cap: AU$4.1b

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.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥31.2b

Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd.

Centurion

Market Cap: S$1.2b

Owns, manages, and operates purpose-built accommodation assets in Singapore, Malaysia, Australia, the United Kingdom, and internationally.

Bank BTPN Syariah

Market Cap: Rp7.4t

Operates as a sharia commercial bank providing a comprehensive range of banking products and services in Indonesia.

Sasseur Real Estate Investment Trust

Market Cap: S$841.0m

Invests in a portfolio of real estate and related assets.

AGL Energy

Market Cap: AU$5.8b

Supplies energy and other essential services in Australia.

Guangdong Mingyang ElectricLtd

Market Cap: CN¥13.3b

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

China Everbright Environment Group

Market Cap: HK$30.2b

An investment holding company, provides environmental solutions worldwide.

Baoshan Iron & Steel

Market Cap: CN¥128.7b

Manufactures and sells steel products in China and internationally.

Tingyi (Cayman Islands) Holding

Market Cap: HK$59.5b

An investment holding company, manufactures and sells instant noodles, beverages, and instant food products in the People’s Republic of China.

Japan Petroleum Exploration

Market Cap: JP¥424.4b

Explores, develops, produces, and sells oil, natural gas, and other energy resources in Japan, Europe, North America, and the Middle East.

New Hope Dairy

Market Cap: CN¥14.3b

Produces and sells dairy products in China.

Far East Horizon

Market Cap: HK$32.3b

Provides various financial services in Mainland China, Hong Kong, and internationally.

Rohto PharmaceuticalLtd

Market Cap: JP¥525.1b

Manufactures and markets pharmaceutical products, cosmetics, and functional foods worldwide.

Anhui Conch Cement

Market Cap: CN¥94.8b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

China Hongqiao Group

Market Cap: HK$264.7b

An investment holding company, manufactures and sells aluminum products in the People's Republic of China, India, Europe, Malaysia, North America, the rest of Southeast Asia, and internationally.