Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Shenzhen Transsion Holdings

Market Cap: CN¥87.4b

Provides smart devices and mobile services in Africa, South and Southeast Asia, the Middle East, Latin America, and internationally.

China Overseas Property Holdings

Market Cap: HK$15.7b

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

C&D International Investment Group

Market Cap: HK$39.0b

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.

Aurelia Metals

Market Cap: AU$457.0m

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

Beijing New Building Materials

Market Cap: CN¥40.8b

Manufactures and sells building materials in China and internationally.

Industrial Bank

Market Cap: CN¥427.3b

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

China Resources Land

Market Cap: HK$207.7b

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

Proya CosmeticsLtd

Market Cap: CN¥30.7b

A beauty and personal care company, researches, develops, produces, and sells cosmetics in China.

Shanghai Yuyuan Tourist Mart (Group)

Market Cap: CN¥22.6b

Shanghai Yuyuan Tourist Mart (Group) Co., Ltd.

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥12.5b

Engages in the manufacture and sale of pharmaceutical raw materials, and food and feed additives under the Star Lake and Yue Bao brand names in China and internationally.

IPH

Market Cap: AU$920.4m

Provides intellectual property (IP) services and products.

Indofood Sukses Makmur

Market Cap: Rp62.6t

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

Shandong Yisheng Livestock & Poultry Breeding

Market Cap: CN¥9.1b

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd.

ShenZhen YUTO Packaging Technology

Market Cap: CN¥23.2b

ShenZhen YUTO Packaging Technology Co., Ltd.

Adairs

Market Cap: AU$400.8m

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

Worley

Market Cap: AU$7.1b

Provides professional services to the energy, chemicals, and resources sectors in the Americas, Europe, the Middle East, Africa, Australia, the Asia Pacific, and China.

Ganyuan Foods

Market Cap: CN¥4.9b

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

Livzon Pharmaceutical Group

Market Cap: CN¥30.9b

Researches, develops, produces, exports, and sells pharmaceutical products, and active pharmaceutical ingredients and intermediates in the People’s Republic of China.

Stanmore Resources

Market Cap: AU$2.1b

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

Monash IVF Group

Market Cap: AU$278.6m

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

Anhui Conch Cement

Market Cap: CN¥123.1b

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

BOC Aviation

Market Cap: HK$47.2b

Operates as an aircraft operating leasing company in Mainland China, Hong Kong, Macau, Taiwan, rest of the Asia Pacific, the Americas, Europe, the Middle East, and Africa.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.2b

Provides chemical supply chain solutions worldwide.

China Mengniu Dairy

Market Cap: HK$54.8b

An investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People’s Republic of China and internationally.

Genpact

Market Cap: €6.9b

Provides business process outsourcing and information technology services in India, rest of Asia, North and Latin America, and Europe.

PORR

Market Cap: €1.2b

Operates as a construction company in Austria, Germany, Poland, the Czech Republic, Italy, Romania, Switzerland, Serbia, Great Britain, Slovakia, Norway, Belgium, and internationally.

ConocoPhillips

Market Cap: US$108.7b

Explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids.

Huhtamäki Oyj

Market Cap: €3.0b

Provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally.

Robert Walters

Market Cap: €98.7m

Provides professional recruitment consultancy services worldwide.

Taylor Morrison Home

Market Cap: €6.1b

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

Sendas Distribuidora

Market Cap: R$11.4b

Engages in the retail and wholesale sale of food products, bazaar items, and other products in Brazil.

Sinoma International EngineeringLtd

Market Cap: CN¥24.6b

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

Mattel

Market Cap: €5.9b

A toy and family entertainment company, designs, manufactures, and markets toys and consumer products in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

Sangoma Technologies

Market Cap: US$226.3m

Develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications in the United States of America and internationally.

On the Beach Group

Market Cap: €337.3m

Operates as an online retailer of short haul beach holidays under the On the Beach brand name in the United Kingdom.