Global Potentially Undervalued Companies

CapitaLand Malaysia Trust

Market Cap: RM 1.8b

CapitaLand Malaysia Trust (CLMT) is a real estate investment trust (REIT) and was listed on the Main Market of Bursa Malaysia Securities Berhad on 16 July 2010.

CENIT

Market Cap: €70.0m

Operates as an IT consultancy and software company that serves manufacturing and financial services industries in Germany, Austria, Switzerland, North America, Romania, France, Belgium, the Netherlands, and China.

Valeura Energy

Market Cap: €817.3m

Engages in the exploration, development, and production of petroleum and natural gas in Thailand and in Turkey.

First Resources

Market Cap: S$2.2b

An investment holding company, engages in the palm oil production activities in Singapore, Indonesia, Europe, China, Malaysia, and internationally.

SKP Resources Bhd

Market Cap: RM 1.5b

An investment holding company, manufactures and sells electrical and electronic plastic products primarily in Malaysia.

ShenZhen YUTO Packaging Technology

Market Cap: CN¥19.6b

ShenZhen YUTO Packaging Technology Co., Ltd.

Hubei Xingfa Chemicals Group

Market Cap: CN¥22.5b

Develops, produces, and sells phosphorus-based chemicals in China and internationally.

Mapletree Industrial Trust

Market Cap: S$5.6b

A real estate investment trust (“REIT”) listed on the Main Board of Singapore Exchange.

Srisawad Corporation

Market Cap: ฿40.2b

Provides financial services in Thailand and internationally.

LX Semicon

Market Cap: ₩925.4b

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

China National Building Material

Market Cap: HK$27.9b

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

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥7.6b

Provides chemical supply chain solutions in China and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥24.5b

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

Yuan Long Ping High-Tech Agriculture

Market Cap: CN¥13.6b

Yuan Long Ping High-Tech Agriculture Co., Ltd.

Proya CosmeticsLtd

Market Cap: CN¥38.0b

A beauty and personal care company, researches, develops, produces, and sells cosmetics in China.

Housing and Development Bank- Egypt (S.A.E)

Market Cap: ج.م27.1b

Together with its, provides corporate and retail banking services in Egypt.

IPH

Market Cap: AU$1.2b

Provides intellectual property (IP) services and products.

China Hongqiao Group

Market Cap: HK$130.9b

An investment holding company, manufactures and sells aluminum products in the People's Republic of China and Indonesia.

Austevoll Seafood

Market Cap: NOK 18.9b

A seafood company, produces salmon and trout, whitefish, and pelagic in Norway, the European Union, the United Kingdom, Eastern Europe, Africa, North America, Asia, and South America.

ACM Research

Market Cap: €1.4b

Develops, manufactures, and sells capital equipment worldwide.

Steelcase

Market Cap: US$1.2b

Provides a portfolio of furniture and architectural products and services in the United States and internationally.

Finning International

Market Cap: US$5.5b

Sells, services, and rents heavy equipment, engines, and related products in Canada, Chile, the United Kingdom, Argentina, and internationally.

Harley-Davidson

Market Cap: €2.9b

Manufactures and sells motorcycles in the United States and internationally.

urban-gro

Market Cap: US$5.3m

Engages in the designing, engineering, building, and integrating complex environmental equipment systems for indoor controlled environment agriculture (CEA) cultivation and retail facilities in the United States, Canada, and Europe.

Quest Resource Holding

Market Cap: €51.3m

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

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.

BWG

Market Cap: NOK 16.3b

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

Vetoquinol

Market Cap: €865.0m

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

Arcadis

Market Cap: €4.1b

Offers design, engineering, architecture, and consultancy solutions for natural and built assets in The Americas, Europe, the Middle East, and the Asia Pacific.

Otsuka Holdings

Market Cap: €3.7t

Engages in the pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide.

M.P. Evans Group

Market Cap: €541.7m

Through its subsidiaries, owns and develops oil palm plantations in Indonesia and Malaysia.

Thungela Resources

Market Cap: €11.0b

Engages in the mining and production of thermal coal in South Africa and Australia.

Solid World Group

Market Cap: €17.9m

Provides a range of software products, scanners, and 3D printers that assists the design, prototyping, and production of industrial products in Italy.

Capgemini

Market Cap: €25.4b

Provides consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

Axalta Coating Systems

Market Cap: US$6.8b

Through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Sword Group

Market Cap: €292.5m

Provides IT and software solutions worldwide.