U.S. Potentially Undervalued Companies

Flowco Holdings

Market Cap: US$1.7b

Through its subsidiaries, provides production optimization, artificial lift, and methane abatement solutions for the oil and natural gas industry in the United States.

Carlsberg

Market Cap: US$113.1b

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

Korn Ferry

Market Cap: US$3.5b

Engages in the provision of organizational consulting services worldwide.

Capital Bancorp

Market Cap: US$463.2m

Operates as the bank holding company for Capital Bank, N.A.

Sabre

Market Cap: US$525.2m

Operates as a software and technology company for travel industry in the United States, Europe, Asia-Pacific, and internationally.

Slide Insurance Holdings

Market Cap: US$2.3b

Engages in underwriting single family and condominium policies in the property and casualty industry in the United States.

Blue Bird

Market Cap: US$1.5b

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

Geely Automobile Holdings

Market Cap: US$197.9b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

Barrett Business Services

Market Cap: US$932.5m

Provides business management solutions for small and mid-sized companies in the United States.

Business First Bancshares

Market Cap: US$766.4m

Operates as the bank holding company for b1BANK that provides various banking products and services in Louisiana and Texas.

Cardlytics

Market Cap: US$60.5m

Operates an advertising platform in the United States and the United Kingdom.

PTC

Market Cap: US$20.2b

Operates as software company in the Americas, Europe, and the Asia Pacific.

Torex Gold Resources

Market Cap: US$6.2b

Operates as an intermediate gold producer.

TravelSky Technology

Market Cap: US$30.6b

Provides information technology (IT) solutions for the aviation and travel industries in the People’s Republic of China.

Intertek Group

Market Cap: US$7.0b

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

LKQ

Market Cap: US$7.7b

Engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories.

XP

Market Cap: US$8.4b

Provides financial products and services in Brazil.

Quanex Building Products

Market Cap: US$698.1m

Manufactures and distributes components for original equipment manufacturers (OEM) in the building products industry in the United States, Europe, Canada, Asia, and internationally.

Enovis

Market Cap: US$1.5b

Operates as a medical technology company focus on developing clinically differentiated solutions in the United States and internationally.

Hafnia

Market Cap: US$26.2b

Owns and operates oil product tankers in Bermuda.

Euroseas

Market Cap: US$379.9m

Provides ocean-going transportation services worldwide.

Globe Life

Market Cap: US$11.0b

Through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle- and middle-income families in the United States.

Public Storage

Market Cap: US$45.5b

A member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities.

Merchants Bancorp

Market Cap: US$1.5b

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

China Construction Bank

Market Cap: US$2.1t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

Iluka Resources

Market Cap: US$2.5b

Engages in the exploration, project development, mining, processing, marketing, and rehabilitation of mineral sands in Australia, China, rest of Asia, Europe, the Americas, and internationally.

ACI Worldwide

Market Cap: US$4.7b

Develops, markets, installs, and supports software products and services for facilitating electronic payments in the United States and internationally.

ABM Industries

Market Cap: US$2.6b

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

Kimco Realty

Market Cap: US$13.6b

Kimco Realty (NYSE: KIM) is a real estate investment trust (REIT) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States.

Thryv Holdings

Market Cap: US$247.1m

Provides digital marketing solutions and cloud-based tools to the small-to-medium-sized businesses in the United States.

Curaleaf Holdings

Market Cap: US$2.8b

Produces and distributes cannabis products in the United States and internationally.

DHT Holdings

Market Cap: US$1.9b

Through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, Norway, and India.

Zevra Therapeutics

Market Cap: US$469.5m

A commercial-stage company, focuses on addressing unmet needs for the treatment of rare diseases in the United States.

Rayonier

Market Cap: US$3.4b

Rayonier is a leading timberland real estate investment trust with assets located in some of the most productive softwood timber growing regions in the United States.

EOG Resources

Market Cap: US$58.2b

Explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in producing basins in the United States, the Republic of Trinidad and Tobago, and internationally.

FinVolution Group

Market Cap: US$1.3b

An investment holding company, operates in the online consumer finance industry in the People’s Republic of China, Indonesia, and internationally.