Global Potentially Undervalued Companies

Carrefour

Market Cap: €12.6b

Operates as a food retailer in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, the Middle East, Africa, and Asia.

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.

Vanquis Banking Group

Market Cap: UK£141.3m

Engages in the provision of personal credit products to the non-standard lending market in the United Kingdom and the Republic of Ireland.

China Construction Bank

Market Cap: HK$1.6t

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.

IPH

Market Cap: AU$1.2b

Provides intellectual property (IP) services and products.

Trajan Group Holdings

Market Cap: AU$131.0m

Develops, manufactures, sells, and distributes analytical and life science products and devices in Australia, New Zealand, Malaysia, Japan, the United States, Europe, the Middle East, Africa, and India.

MC Group

Market Cap: ฿7.5b

Manufactures, distributes, and retails apparel, accessories, and lifestyle products in Thailand.

L.G. Balakrishnan & Bros

Market Cap: ₹35.0b

Manufactures and sells transmission chains, sprockets, and metal formed parts for automotive and industrial applications in India and internationally.

IRB Infrastructure Developers

Market Cap: ₹271.8b

Engages in the infrastructure development business in India.

Fujian Funeng

Market Cap: CN¥26.3b

Engages in the production and sale of electricity and heat in China.

Ningbo Deye Technology Group

Market Cap: CN¥55.6b

Engages in the production and sales of heat exchangers, inverters, and dehumidifiers in China, the United Kingdom, the United States, Germany, India, and internationally.

China Tower

Market Cap: HK$186.7b

Provides telecommunication tower infrastructure services in the People's Republic of China.

Bank CIMB Niaga

Market Cap: Rp43.7t

Provides various banking products and services in Indonesia and internationally.

Vedanta

Market Cap: ₹1.5t

A diversified natural resources company, explores, extracts, and processes minerals, and oil and gas in India, Europe, China, the United States, Mexico, and internationally.

CESC

Market Cap: ₹203.7b

An integrated electrical utility company, engages in the generation and distribution of electricity in India.

Sinoma International EngineeringLtd

Market Cap: CN¥25.0b

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

China Everbright Environment Group

Market Cap: HK$20.3b

An investment holding company, provides environmental solutions worldwide.

China National Building Material

Market Cap: HK$30.9b

An investment holding company, engages in building material, new materials, and engineering technical services businesses.

Union Bank of India

Market Cap: ₹899.5b

Provides various banking products and services.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp230.8t

Provides information and communications technology, and telecommunications network services worldwide.

Canara Bank

Market Cap: ₹821.3b

Provides various banking products and services in India and internationally.

Wus Printed Circuit (Kunshan)

Market Cap: CN¥53.1b

Engages in the research, development, design, manufacture, and sale of printed circuit boards in China.

Grand Pharmaceutical Group

Market Cap: HK$20.7b

An investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical preparations and medical devices, biotechnology and healthcare products, and pharmaceutical raw materials.

Canara Bank

Market Cap: ₹821.3b

Provides various banking products and services in India and internationally.

Metcash

Market Cap: AU$3.4b

Operates as a wholesale distribution and marketing company in Australia.

Srisawad Corporation

Market Cap: ฿42.7b

Provides financial services in Thailand and internationally.

China Resources Power Holdings

Market Cap: HK$93.3b

An investment holding company, invests in, develops, operates, and manages power plants and coal mines in the People’s Republic of China.

China Resources Land

Market Cap: HK$191.1b

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

Beijing New Building Materials

Market Cap: CN¥50.0b

Manufactures and sells building materials in China and internationally.

KMD Brands

Market Cap: AU$227.7m

Designs, markets, wholesales, and retails apparel, footwear, and equipment for surfing and the outdoors under the Kathmandu, Rip Curl, and Oboz brands in New Zealand, Australia, North America, Europe, Southeast Asia, and Brazil.

Shanghai Yuyuan Tourist Mart (Group)

Market Cap: CN¥21.5b

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

LX Semicon

Market Cap: ₩810.0b

Operates as a semiconductor company in South Korea, China, Vietnam, Taiwan, Japan, and internationally.

Hanmi Financial

Market Cap: US$612.2m

Operates as the holding company for Hanmi Bank that provides business banking products and services in the United States.

TELUS International (Cda)

Market Cap: CA$664.3m

Offers digital customer experience and digital solutions in the Asia-Pacific, the Central America, Europe, Africa, North America, and internationally.

Host Hotels & Resorts

Market Cap: US$9.7b

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.