Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Stanmore Resources

Market Cap: AU$2.0b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

China Overseas Property Holdings

Market Cap: HK$16.1b

An investment holding company, provides property management services in Hong Kong, Macau, and Mainland China.

lastminute.com

Market Cap: CHF 149.8m

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

C&D International Investment Group

Market Cap: HK$35.5b

An investment holding company, engages in the property development, real estate industry chain investment services, and industry investment activities in the People’s Republic of China.

Carlsberg

Market Cap: US$109.8b

Produces and markets beer and other beverage products in Denmark, China, the United Kingdom, and internationally.

Nido Education

Market Cap: AU$141.2m

Owns, operates, and manages long day early childhood education and care centres under the Nido Early School brand in Australia.

Aurelia Metals

Market Cap: AU$380.8m

Engages in the exploration and production of mineral properties in Australia.

FDJ United

Market Cap: €4.6b

Engages in the gaming operation and distribution business in France and internationally.

Chongqing Baiya Sanitary Products

Market Cap: CN¥9.6b

Chongqing Baiya Sanitary Products Co., Ltd.

Security Bank

Market Cap: ₱52.9b

Provides banking and financial products and services to wholesale and retail clients in the Philippines.

Beijing Urban Construction Investment & Development

Market Cap: CN¥10.1b

Beijing Urban Construction Investment & Development Co., Ltd.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥47.1b

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

SILICON2

Market Cap: ₩2.4t

Engages in the distribution of cosmetics products worldwide.

China South Publishing & Media Group

Market Cap: CN¥21.7b

Engages in publishing, printing, distribution, media, and financing businesses in China.

China Conch Venture Holdings

Market Cap: HK$18.3b

An investment holding company, provides various package solutions for energy conservation and environmental protection in Mainland China and the Asia-Pacific.

Inspur Digital Enterprise Technology

Market Cap: HK$9.0b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

REC

Market Cap: ₹961.0b

Engages in the provision of financing services for power generation, transmission, and distribution projects in India.

Bethel Automotive Safety Systems

Market Cap: CN¥28.6b

Develops, manufactures, and sells automotive safety systems and advanced driver assistance systems in China.

MCNEX

Market Cap: ₩470.4b

Manufactures and sells camera modules in South Korea and internationally.

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥5.2b

Produces and sells solid content, waterborne, solvent free, and special function coating products in China.

Aeris Resources

Market Cap: AU$471.2m

Explores, produces, and sells precious metals in Australia.

Haidilao International Holding

Market Cap: HK$76.4b

An investment holding company, engages in the restaurant operation and delivery businesses in Mainland China, Hong Kong, Macau, and Taiwan.

Monash IVF Group

Market Cap: AU$261.1m

Engages in the provision of assisted reproductive and specialist women imaging services in Australia and Malaysia.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥15.5b

Researches, develops, manufactures, and sells minimally invasive medical devices to hospitals and clinics worldwide.

Sinoma International EngineeringLtd

Market Cap: CN¥25.4b

Engages in the engineering, equipment manufacture and supply, and other businesses in China and internationally.

Apeloa PharmaceuticalLtd

Market Cap: CN¥17.7b

Provides raw materials and intermediates to various pharmaceutical factories in the People’s Republic of China and internationally.

Emaar Properties PJSC

Market Cap: د.إ118.4b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

Binggrae

Market Cap: ₩668.4b

Engages in production and sale of dairy products in South Korea and internationally.

Sanwa Holdings

Market Cap: JP¥852.8b

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

Assetwise

Market Cap: ฿5.6b

Engages in property development and other real estate activities in Thailand.

Trajan Group Holdings

Market Cap: AU$113.6m

Develops, manufactures, and sells analytical and life science products and devices in Malaysia, Japan, Australia, New Zealand, the United States, Europe, the Middle East, Africa, and India.

China Resources Land

Market Cap: HK$207.4b

An investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China.

China Railway Group

Market Cap: CN¥132.4b

Operates as a multi-functional integrated construction company in Mainland China and internationally.

Shofu

Market Cap: JP¥65.7b

Manufactures and sells dental materials and equipment worldwide.

Apeejay Surrendra Park Hotels

Market Cap: ₹30.9b

Owns and operates hotels in India.