U.S. Potentially Undervalued Companies

BYD Electronic (International)

Market Cap: US$78.3b

An investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People’s Republic of China and internationally.

Blue Bird

Market Cap: US$1.5b

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

CSL

Market Cap: US$81.1b

Engages in the research, development, manufacture, market, and distribution of biopharmaceutical products and vaccines in Australia, the United States, Germany, the United Kingdom, Switzerland, China, Hong Kong, and internationally.

MVB Financial

Market Cap: US$326.9m

Operates as bank holding company for MVB Bank, Inc that provides financial services to individuals and corporate clients.

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.

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.

Carlsberg

Market Cap: US$114.0b

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

Geely Automobile Holdings

Market Cap: US$193.9b

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

Yalla Group

Market Cap: US$1.1b

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

XP

Market Cap: US$8.8b

Provides financial products and services in Brazil.

Intertek Group

Market Cap: US$7.1b

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

Quanex Building Products

Market Cap: US$714.4m

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

PTC

Market Cap: US$20.6b

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

LKQ

Market Cap: US$7.9b

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.

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$27.0b

Owns and operates oil product tankers in Bermuda.

Capital Bancorp

Market Cap: US$470.7m

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

Euroseas

Market Cap: US$379.1m

Provides ocean-going transportation services worldwide.

Sabre

Market Cap: US$548.9m

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

Korn Ferry

Market Cap: US$3.4b

Engages in the provision of organizational consulting services worldwide.

NETGEAR

Market Cap: US$694.7m

Provides connectivity solutions the Americas; Europe, the Middle East, Africa; and the Asia Pacific.

Barrett Business Services

Market Cap: US$952.7m

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

TravelSky Technology

Market Cap: US$31.0b

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

Torex Gold Resources

Market Cap: US$6.4b

Operates as an intermediate gold producer.

Globe Life

Market Cap: US$11.2b

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

Sangoma Technologies

Market Cap: US$225.7m

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

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.

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.

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.

Curaleaf Holdings

Market Cap: US$2.6b

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

Autohome

Market Cap: US$2.7b

Operates as an online destination for automobile consumers in the People’s Republic of China.

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.

EOG Resources

Market Cap: US$57.6b

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.

Rayonier

Market Cap: US$3.5b

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.

American Tower

Market Cap: US$82.5b

American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 149,000 communications sites and a highly interconnected footprint of U.S.