Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

Spectrum Pharmaceuticals, Inc., a biopharmaceutical company, develops and commercializes oncology drug products.

Equasens Société anonyme

Market Cap: €617.0m

Provides healthcare IT solutions in Europe.

Pepper Money

Market Cap: €804.1m

Operates as a non-bank lender in the mortgage and asset finance markets in Australia and New Zealand.

Indofood Sukses Makmur

Market Cap: Rp61.2t

Operates as a food solutions company in Indonesia, rest of Asia, Africa, and internationally.

Origin Property

Market Cap: ฿4.3b

Engages in property development in Thailand.

Xtep International Holdings

Market Cap: HK$12.4b

Designs, develops, manufactures, markets, and sells sports footwear, apparel, and accessories for adults and children in Mainland China.

Anhui Conch Cement

Market Cap: CN¥111.8b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

Beijing New Building Materials

Market Cap: CN¥43.5b

Manufactures and sells building materials in China.

CapitaLand Malaysia Trust

Market Cap: RM 2.0b

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

Security Bank

Market Cap: ₱51.2b

Provides banking and financial products and services to wholesale and retail clients in the Philippines.

China Railway Group

Market Cap: CN¥123.2b

Engages in the construction and engineering contractor business in China and internationally.

NetEase

Market Cap: US$567.0b

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.

NSL Foods

Market Cap: ฿6.5b

Engages in the manufacture and distribution of bakery and snack products in Thailand.

Inspur Digital Enterprise Technology

Market Cap: HK$2.9b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

Nippon Paint Holdings

Market Cap: JP¥2.3t

Engages in the paints and fine chemicals businesses in Japan, Asia, the United States, Europe, and internationally.

KMD Brands

Market Cap: AU$97.0m

Designs, markets, wholesales, and retails apparel, footwear, and equipment for surfing and the outdoors under the Kathmandu, Rip Curl, and Oboz brand names.

Lion

Market Cap: JP¥443.9b

Manufactures and sells consumer and industrial products in Japan and internationally.

Tianjin Ringpu Bio-TechnologyLtd

Market Cap: CN¥8.6b

Engages in the research and development, production, and sale of veterinary raw materials, pharmaceutical preparation, functional additives, and veterinary biological products.

Ansell

Market Cap: AU$3.9b

Designs, sources, develops, manufactures, distributes, and sells hand and body protection solutions in the Asia Pacific, Europe, the Middle East, Africa, Latin America, the Caribbean, and North America.

Tokai Carbon

Market Cap: JP¥222.0b

Engages in the manufacture and sale of carbon-related products and services in Japan.

China Resources Land

Market Cap: HK$222.8b

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

Ping An Bank

Market Cap: CN¥215.2b

Provides commercial banking products and services for individual and corporate customers, government agencies, institutions, and other small businesses in China and internationally.

Industrial Bank

Market Cap: CN¥393.8b

Provides banking products and services in the People’s Republic of China.

Acrow

Market Cap: AU$299.1m

Provides smart integrated construction systems across formwork, industrial services, and commercial scaffolding in Australia.

Future

Market Cap: JP¥149.2b

Provides IT consulting and services primarily in Japan.

F&F

Market Cap: ₩2.6t

Manufactures and sells apparel and accessories in South Korea.

Oceania Healthcare

Market Cap: AU$517.8m

Owns and operates retirement villages and care centres in New Zealand.

Converge Information and Communications Technology Solutions

Market Cap: ₱86.6b

Converge Information and Communications Technology Solutions, Inc.

Phison Electronics

Market Cap: NT$345.5b

Designs, manufactures, and sells flash memory controllers and peripheral system applications in Asia, the United States, Europe, Australia, and internationally.

Stanmore Resources

Market Cap: AU$2.3b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

REC

Market Cap: ₹959.0b

Engages in the provision of financing services for power generation, transmission, and distribution projects in India.

Hansen Technologies

Market Cap: AU$1.0b

Engages in the development, integration, and support of billing and customer information systems.

Hwaseung Enterprise

Market Cap: ₩280.2b

Manufactures and sells shoes.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥32.9b

Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd.

Aurelia Metals

Market Cap: AU$465.7m

Engages in the exploration and production of mineral properties in Australia.

Cheil Worldwide

Market Cap: ₩2.0t

Provides various marketing and advertising solutions worldwide.