Global Potentially Undervalued Companies

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.

Montrose Environmental Group

Market Cap: US$525.5m

Operates as an environmental services company in the United States, Canada, and internationally.

Merchants Bancorp

Market Cap: US$1.5b

Operates as the diversified bank holding company in the United States.

ACM Research

Market Cap: €1.3b

Develops, manufactures, and sells capital equipment worldwide.

Tokuyama

Market Cap: €195.3b

Produces and sells various chemical products in Japan.

BWG

Market Cap: NOK 16.4b

An investment holding company, engages in ship owning and chartering activities worldwide.

Quest Resource Holding

Market Cap: €46.9m

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

Vetoquinol

Market Cap: €866.1m

A veterinary pharmaceutical company, designs, develops, and sells veterinary drugs and non-medicinal products in Europe, the Americas, and the Asia Pacific region.

Tennant

Market Cap: US$1.4b

Designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Regional Management

Market Cap: €336.7m

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.

Nilfisk Holding

Market Cap: €2.3b

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

Bombardier

Market Cap: US$8.8b

Engages in the design, manufacture, and sale of business aircraft and aircraft structural components worldwide.

Card Factory

Market Cap: UK£331.3m

Operates as a specialist retailer of cards, gifts, and celebration essentials in the United Kingdom and internationally.

Trigano

Market Cap: €2.0b

Designs, manufactures, markets, and sells leisure vehicles for individuals and professionals in Europe.

GL Events

Market Cap: €639.2m

Provides venues and offices for events.

Senior

Market Cap: UK£540.0m

Designs, manufactures, and sells high-technology components and systems for the original equipment manufacturers in the aerospace, defense, land vehicle, and power and energy markets in North America, the United Kingdom, South Africa, India, China, and internationally.

Bank of Ireland Group

Market Cap: €10.2b

Provides banking and other financial services in the Republic of Ireland, the United Kingdom, and internationally.

IAMGOLD

Market Cap: CA$5.7b

Through its subsidiaries, operates as a gold producer and developer in Canada and Burkina Faso.

Huhtamäki Oyj

Market Cap: €3.4b

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

Trican Well Service

Market Cap: CA$766.4m

An equipment services company, provides various products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells in Canada.

Asahi Group Holdings

Market Cap: €2.9t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Chemung Financial

Market Cap: US$208.9m

Operates as a bank holding company for Chemung Canal Trust Company that provides a range of banking, financing, fiduciary, and other financial services.

Transcontinental

Market Cap: CA$1.5b

Engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, and internationally.

Sangoma Technologies

Market Cap: US$261.3m

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

MONY Group

Market Cap: UK£1.1b

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

Bidvest Group

Market Cap: €79.0b

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

China Everbright Environment Group

Market Cap: €21.0b

An investment holding company, provides environmental solutions worldwide.

Absa Group

Market Cap: €139.5b

Provides retail and business banking, corporate and investment banking, insurance, financial, and wealth management products and services in South Africa and internationally.

FinVolution Group

Market Cap: US$2.0b

Operates in the online consumer finance industry.

AIB Group

Market Cap: €13.3b

Provides banking and financial products and services to retail, business, and corporate customers in the Republic of Ireland, the United Kingdom, and internationally.

Concentra Group Holdings Parent

Market Cap: US$2.7b

Provides occupational health services in the United States.

Host Hotels & Resorts

Market Cap: US$9.9b

An S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels.

Orion Group Holdings

Market Cap: US$237.7m

Operates as a specialty construction company in the infrastructure, industrial, and building sectors in the United States, Alaska, Hawaii, Canada, and the Caribbean Basin.

Seiko Epson

Market Cap: €647.9b

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

Neosperience

Market Cap: €9.5m

Develops cloud-based software platform in Italy.