U.S. Potentially Undervalued Companies

BYD Electronic (International)

Market Cap: US$79.5b

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.

Surgery Partners

Market Cap: US$2.0b

Owns and operates a network of surgical facilities and ancillary services in the United States.

NETGEAR

Market Cap: US$782.5m

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

Barrett Business Services

Market Cap: US$901.2m

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

Amphastar Pharmaceuticals

Market Cap: US$1.2b

A bio-pharmaceutical company, develops, manufactures, markets, and sells generic and proprietary injectable, inhalation, and intranasal products in the United States, China, and France.

Plumas Bancorp

Market Cap: US$295.1m

Operates as the bank holding company for the Plumas Bank that provides various banking products and services for small and middle market businesses and individuals in California, Nevada, and Oregon.

Yelp

Market Cap: US$1.8b

Operates a platform that connects consumers with local businesses in the United States and internationally.

Capital Bancorp

Market Cap: US$457.6m

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

Kyivstar Group

Market Cap: US$2.6b

Provides a range of mobile communication and home Internet services in Ukraine.

Korn Ferry

Market Cap: US$3.4b

Engages in the provision of organizational consulting services worldwide.

Thryv Holdings

Market Cap: US$263.2m

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

Silgan Holdings

Market Cap: US$4.1b

Manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally.

LKQ

Market Cap: US$8.0b

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.

Blue Bird

Market Cap: US$1.6b

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

Euroseas

Market Cap: US$421.7m

Provides ocean-going transportation services worldwide.

Quanex Building Products

Market Cap: US$595.8m

Provides components for the fenestration industry in the United States, Europe, Canada, Asia, and internationally.

ABM Industries

Market Cap: US$2.6b

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

Flowco Holdings

Market Cap: US$1.5b

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

Business First Bancshares

Market Cap: US$748.1m

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

PTC

Market Cap: US$20.9b

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

Aecon Group

Market Cap: US$1.7b

Aecon Group Inc., together with its subsidiaries, provide construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally.

Torex Gold Resources

Market Cap: US$6.1b

Operates as an intermediate gold producer.

Urban Outfitters

Market Cap: US$5.7b

Offers lifestyle products and services.

Yalla Group

Market Cap: US$1.1b

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

Curaleaf Holdings

Market Cap: US$2.8b

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

Merchants Bancorp

Market Cap: US$1.5b

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

Globe Life

Market Cap: US$10.6b

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

FirstSun Capital Bancorp

Market Cap: US$893.5m

Operates as the bank holding company for Sunflower Bank, National Association that provides commercial and consumer banking and financial services to small and medium-sized companies in Texas, Kansas, Colorado, New Mexico, Arizona, California, and Washington.

Forestar Group

Market Cap: US$1.2b

Operates as a residential lot development company in the United States.

Oshkosh

Market Cap: US$7.9b

Provides purpose-built vehicles and equipment worldwide.

ACI Worldwide

Market Cap: US$4.9b

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

F5

Market Cap: US$13.8b

Provides multicloud application security and delivery solutions in the United States, Europe, the Middle East, Africa, and the Asia Pacific region.

Tenaga Nasional Berhad

Market Cap: US$78.2b

Engages in the generation, transmission, distribution, and sale of electricity in Malaysia, the United Kingdom, Kuwait, the Republic of Ireland, Australia, and internationally.

Regional Management

Market Cap: US$375.1m

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.

Carlsberg

Market Cap: US$108.7b

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