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.

Open Text

Market Cap: €6.7b

Engages in the provision of information management products and services.

Taylor Morrison Home

Market Cap: €5.7b

Operates as a land developer and homebuilder in the United States.

Capgemini

Market Cap: €21.9b

Engages in the provision of consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

Ultimate Products

Market Cap: €54.1m

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

Seiko Epson

Market Cap: €596.8b

Develops, manufactures, sells, and provides services for products in the printing solutions, visual communications, manufacturing-related and wearables, and other businesses.

GFT Technologies

Market Cap: €579.2m

Provides digital transformation services.

Steel Dynamics

Market Cap: €17.7b

Operates as a steel producer and metal recycler in the United States.

Wynn Resorts

Market Cap: Mex$8.0b

Designs, develops, and operates integrated resorts.

Tenaris

Market Cap: €15.7b

Manufactures and supplies steel pipe products and related services for the energy industry and other industrial applications in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.

Viatris

Market Cap: €8.9b

Operates as a healthcare company in North America, Europe, China, Taiwan, Hong Kong, Japan, Australia, New Zealand, rest of Asia, Africa, Latin America, and the Middle East.

Keppel

Market Cap: €11.1b

An investment holding company, engages in the infrastructure, real estate, and connectivity business.

Renault

Market Cap: €12.0b

Engages in the design, manufacture, sale, repair, maintenance, and leasing of motor vehicles in Europe, Eurasia, Africa, the Middle East, the Asia Pacific, and the Americas.

Astra International

Market Cap: €193.5t

Operates in the automotive, financial services, heavy equipment, mining, construction, energy, agri, infrastructure and logistics, information technology, and property businesses in Indonesia and internationally.

Grand Pharmaceutical Group

Market Cap: €19.2b

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.

CENIT

Market Cap: €66.8m

Operates as an IT consultancy and software company that serves manufacturing and financial services industries in Germany, Austria, Switzerland, North America, Romania, France, Belgium, the Netherlands, and China.

Owens & Minor

Market Cap: €513.7m

Operates as a healthcare solutions company worldwide.

Tokuyama

Market Cap: €181.4b

Produces and sells various chemical products in Japan.

Target

Market Cap: €41.9b

Operates as a general merchandise retailer in the United States.

NetEase

Market Cap: €479.6b

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.

Demant

Market Cap: DKK 47.6b

Operates as a hearing healthcare company in Europe, North America, Asia, Pacific region, and internationally.

Nucor

Market Cap: €25.5b

Engages in the manufacture and sale of steel and steel products.

Spectrum Brands Holdings

Market Cap: €1.6b

Operates as a branded consumer products and home essentials company in North America, Europe, the Middle East, Africa, Latin America, and Asia-Pacific regions.

Valeura Energy

Market Cap: €722.4m

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

Kuaishou Technology

Market Cap: €207.8b

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

First Mid Bancshares

Market Cap: US$765.3m

A financial holding company, provides community banking products and services to commercial, retail, and agricultural customers in the United States.

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.

q.beyond

Market Cap: €91.7m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

Teva Pharmaceutical Industries

Market Cap: €15.6b

Develops, manufactures, markets, and distributes generic and other medicines, and biopharmaceutical products in the United States, Europe, Israel, and internationally.

OFG Bancorp

Market Cap: €1.6b

A financial holding company, provides a range of banking and financial services in the United States.

QinetiQ Group

Market Cap: €2.2b

Operates as a science and engineering company in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, and internationally.

PLDT

Market Cap: US$277.8b

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.

Datalogic

Market Cap: €210.8m

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.