Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Xiamen C&D

Market Cap: CN¥25.8b

Engages in the supply chain and real estate development businesses in China and internationally.

Ganyuan Foods

Market Cap: CN¥4.6b

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

Beijing New Building Materials

Market Cap: CN¥43.1b

Manufactures and sells building materials in China and internationally.

Monash IVF Group

Market Cap: AU$253.3m

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

GWA Group

Market Cap: AU$555.8m

Research, designs, manufactures, imports, and markets building fixtures and fittings to residential and commercial premises in Australia, New Zealand, the United Kingdom, and internationally.

Charter Hall Long WALE REIT

Market Cap: AU$2.4b

An Australian Real Estate Investment Trust (REIT) listed on the ASX and investing in high quality Australasian real estate assets that are predominantly leased to corporate and government tenants on long term leases.

Adairs

Market Cap: AU$239.4m

Operates as a specialty retailer of home furnishings, furniture, and decoration products in Australia and New Zealand.

Grand Pharmaceutical Group

Market Cap: HK$22.9b

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.

C&D International Investment Group

Market Cap: HK$28.9b

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.

Industrial Bank

Market Cap: CN¥396.2b

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

GPT Group

Market Cap: AU$8.7b

GPT is one of Australia’s leading property groups, with assets under management of $34.1 billion across a portfolio of high quality retail, office and logistics assets.

Hansen Technologies

Market Cap: AU$977.1m

Engages in the development, integration, and support of billing and customer information systems.

Husqvarna

Market Cap: SEK 21.0b

Produces and sells outdoor power products, watering products, and lawn care power equipment.

Middleby

Market Cap: US$6.5b

Designs, manufactures, markets, distributes, and services of commercial restaurant and food processing equipment worldwide.

OSB Group

Market Cap: UK£1.9b

Through its subsidiaries, operates as a specialist mortgage lending company in the United Kingdom and India.

Safran

Market Cap: US$117.2b

Engages in the aerospace and defense businesses in France, rest of Europe, the Americas, the Asia-Pacific, Africa, and the Middle East.

Hollywood Bowl Group

Market Cap: UK£404.7m

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

Yalla Group

Market Cap: US$1.0b

Operates a social networking and gaming platform in the Middle East and North Africa region.

Bank7

Market Cap: €379.6m

Operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers.

Bytes Technology Group

Market Cap: UK£599.4m

Offers software, security, AI, and cloud services in the United Kingdom, Europe, and internationally.

Blue Bird

Market Cap: US$1.7b

Designs, engineers, manufactures, and sells school buses in the United States, Canada, and internationally.

Pepper Money

Market Cap: €754.7m

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

Bidvest Group

Market Cap: €77.2b

An investment holding company, engages in services, trading, and distribution businesses in South Africa and internationally.

Cabka

Market Cap: €43.0m

Manufactures and sells pallets and large containers made from recycled plastic in Europe, North America, and internationally.

Intertek Group

Market Cap: US$5.6b

Provides quality assurance solutions to various industries in the United Kingdom, the United States, China, Australia, and internationally.

Angel Oak Mortgage REIT

Market Cap: US$208.0m

A real estate finance company, focuses on acquiring and investing in first lien nonqualified mortgage loans and other mortgage-related assets in the United States mortgage market.

ABM Industries

Market Cap: US$2.2b

Through its subsidiaries, engages in the provision of facility maintenance, engineering and infrastructure solutions in the United States and internationally.

Ayvens

Market Cap: €7.7b

Provides service leasing and vehicle fleet management services in the France, Rest of Europe, Latin America, Asia, and internationally.

Ernst Russ

Market Cap: €243.9m

A publicly owned investment manager.

FirstRand

Market Cap: €481.4b

Provides transactional, lending, investment, and insurance products and services in South Africa, rest of Africa, the United Kingdom, and internationally.

Kuaishou Technology

Market Cap: €229.8b

An investment holding company, provides live streaming, online marketing, and other services in the People’s Republic of China.

Indofood Sukses Makmur

Market Cap: €52.5t

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

Regis Resources

Market Cap: €4.5b

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

Jazz Pharmaceuticals

Market Cap: €11.2b

Jazz Pharmaceuticals plc identifies, develops, and commercializes pharmaceutical products in the United States, Europe, and internationally.

Grand Pharmaceutical Group

Market Cap: €22.9b

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.