Global Potentially Undervalued Companies

Carrefour

Market Cap: €12.6b

Operates as a food retailer in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, the Middle East, Africa, and Asia.

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.

ANTA Sports Products

Market Cap: €246.1b

Engages in the research, design, development, manufacture, market, and sale of professional sports footwear, apparel, and accessories in China and internationally.

Datalogic

Market Cap: €211.1m

Manufactures and sells automatic data capture and process automation products in Italy, the Americas, the Asia Pacific, rest of Europe, the Middle East, and Africa.

Aica Kogyo Company

Market Cap: €204.0b

Develops, produces, and sells chemical products, and laminates and building materials in Japan and internationally.

PLDT

Market Cap: US$277.4b

Provides telecommunications and digital services in the Philippines.

Lithia Motors

Market Cap: €7.6b

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

Hammond Power Solutions

Market Cap: €941.0m

Engages in the design, manufacture, and sale of various transformers in Canada, the United States, Mexico, and India.

Enovis

Market Cap: €1.8b

Operates as a medical technology company focus on developing clinically differentiated solutions in the United States and internationally.

SFL

Market Cap: €1.0b

A maritime and offshore asset owning and chartering company, engages in the ownership, operation, and chartering out of vessels and offshore related assets on medium and long-term charters.

Luceco

Market Cap: €184.8m

Manufactures and distributes wiring accessories, LED lighting, and portable power products in the United Kingdom, the Americas, Europe, the Middle East, Africa, the Asia Pacific.

Pepper Money

Market Cap: €597.2m

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

Royalty Pharma

Market Cap: €18.6b

Operates as a buyer of biopharmaceutical royalties and a funder of innovation in the biopharmaceutical industry in the United States.

Nordex

Market Cap: €3.7b

Develops, manufactures, and distributes multi-megawatt onshore wind turbines worldwide.

Fortune Brands Innovations

Market Cap: US$6.3b

Engages in the provision of home and security products for residential home repair, remodeling, new construction, and security applications in the United States and internationally.

Vanquis Banking Group

Market Cap: UK£145.4m

Engages in the provision of personal credit products to the non-standard lending market in the United Kingdom and the Republic of Ireland.

CES Energy Solutions

Market Cap: €1.4b

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

Quest Resource Holding

Market Cap: €50.8m

Provides solutions for the reuse, recycling, and disposal of various waste streams and recyclables in the United States.

Timken

Market Cap: €4.3b

Designs, manufactures, and sells engineered bearings and industrial motion products, and related services in the United States and internationally.

Reynolds Consumer Products

Market Cap: €5.0b

Produces and sells products in cooking, waste and storage, and tableware product categories in the United States and internationally.

Steelcase

Market Cap: €1.2b

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

Grand Pharmaceutical Group

Market Cap: €19.6b

An investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical preparations and medical devices, biotechnology and healthcare products, and pharmaceutical raw materials.

Nilfisk Holding

Market Cap: €2.2b

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

Bosideng International Holdings

Market Cap: €45.2b

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

Bayer

Market Cap: €20.5b

Operates as a life science company worldwide.

Valeura Energy

Market Cap: €719.2m

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

Regional Management

Market Cap: €301.9m

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.

SergeFerrari Group

Market Cap: €58.2m

Designs, develops, manufactures, and markets composite materials for lightweight architectural and outdoor applications in France and internationally.

Morgan Advanced Materials

Market Cap: €523.7m

Manufactures and sells various carbon and ceramic products in the United Kingdom.

Kalmar Oyj

Market Cap: €1.7b

Engages in the provision of heavy material handling equipment and automated terminal solutions for ports, terminals, distribution centers, and heavy industry.

MONY Group

Market Cap: UK£1.0b

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

Alphabet

Market Cap: CHF 2.0t

Offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America.

Ultimate Products

Market Cap: UK£54.1m

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

Deutsche Post

Market Cap: €41.7b

Operates as a mail and logistics company in Germany, rest of Europe, the Americas, the Asia Pacific, the Middle East, and Africa.

Hokkaido Electric Power Company

Market Cap: €135.4b

Generates, transmits, and distributes electricity in Japan.