U.S. Potentially Undervalued Companies

Strategy

Market Cap: US$88.3b

Operates as a bitcoin treasury company in the United States, Europe, the Middle East, Africa, and internationally.

Amazon.com

Market Cap: US$2.4t

Engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally.

Farmers Bancorp (Frankfort IN)

Market Cap: US$73.8m

Operates as the holding company of The Farmers Bank that provides a range of banking products and services for individuals and businesses in north central Indiana, the United States.

Covivio

Market Cap: US$6.3b

Thanks to its partnering history, its real estate expertise and its European culture, Covivio is inventing today’s user experience and designing tomorrow’s city.

Rockwool

Market Cap: US$49.2b

Produces and sells stone wool insulation products in Western Europe, Eastern Europe, Russia, North America, Asia, and internationally.

ANA Holdings

Market Cap: US$1.3t

Provides air transportation services in Japan and internationally.

SoftwareOne Holding

Market Cap: US$1.8b

Provides software and cloud solutions in Switzerland, Germany, Austria, rest of Europe, Mauritius, South Africa, the United States, Canada, Latin America, the Asia Pacific, Dubai, and Qatar.

Magnum Mining and Exploration

Market Cap: US$20.9m

Engages in the exploration and evaluation of mineral properties in Australia and the United States.

D2L

Market Cap: US$1.0b

Provides cloud-based learning software for higher education institutions, kindergarten to grade 12 schools and districts, and private sector enterprises in Canada, the United States, and internationally.

Amadeus IT Group

Market Cap: US$29.3b

Operates as a transaction processor for the travel and tourism industry in Spain, Germany, rest of Europe, the Middle East, Africa, Asia and the Pacific, the United States of America, and rest of America.

Sands China

Market Cap: US$179.7b

Develops, owns, and operates integrated resorts and casinos in Macao.

Prada

Market Cap: US$118.7b

Produces and distributes leather goods, footwear, and ready to wear products worldwide.

Genting Singapore

Market Cap: US$9.0b

An investment holding company, primarily engages in the development, management, and operation of integrated resort destinations in Asia.

NEXT

Market Cap: US$14.3b

Engages in the retail of clothing, homeware, and beauty products in the United Kingdom, rest of Europe, the Middle East, Asia, and internationally.

FLSmidth

Market Cap: US$24.9b

Provides flowsheet technology and service solutions for the mining and cement industries in Denmark, the United States of America, Canada, Chile, Brazil, Peru, Australia, North and South America, Europe, the Middle East, Africa, and Asia.

Goldwind Science&Technology

Market Cap: US$59.9b

Provides wind power solutions in China and internationally.

Quarterhill

Market Cap: US$126.3m

Operates in the intelligent transportation systems business in Canada and internationally.

MISUMI Group

Market Cap: US$627.5b

Engages in the factory automation (FA) and die component businesses in Japan, China, rest of Asia, the Americas, Europe, and internationally.

Nippon Sanso Holdings

Market Cap: US$2.3t

Engages in the gas business in Japan, the United States, Europe, Asia, and Oceania.

Atresmedia Corporación de Medios de Comunicación

Market Cap: US$1.2b

An audiovisual company, engages in the television, radio, digital and multimedia development, cinema, and events organization businesses in Spain and internationally.

BFF Bank

Market Cap: US$2.0b

Engages in non-recourse factoring and credit management activities towards public administration bodies and private hospitals in Italy, Croatia, the Czech Republic, France, Greece, Poland, Portugal, Slovakia, and Spain.

Odfjell Drilling

Market Cap: US$18.9b

Engages in owning and operating mobile offshore drilling units primarily in Norway and Namibia.

Bri-Chem

Market Cap: US$7.4m

Engages in the wholesale distribution of oilfield chemicals for the oil and gas industry in North America.

Badger Infrastructure Solutions

Market Cap: US$2.0b

Provides non-destructive excavating and related services in Canada and the United States.

Rubis

Market Cap: US$3.3b

Engages in the operation of bulk liquid storage facilities for commercial and industrial customers in Europe, Africa, and the Caribbean.

Ategrity Specialty Insurance Company Holdings

Market Cap: US$938.3m

Through its subsidiaries, provides excess and surplus lines insurance and reinsurance products to small and medium-sized businesses in the United States.

Gjensidige Forsikring

Market Cap: US$146.1b

Provides general insurance and pension products in Norway, Sweden, Denmark, Finland, Latvia, Lithuania, and Estonia.

Veris Residential

Market Cap: US$1.5b

A forward-thinking real estate investment trust (REIT) that primarily owns, operates, acquires and develops premier Class A multifamily properties in the Northeast.

Virtus Investment Partners

Market Cap: US$1.3b

A publicly owned investment manager.

Emerson Electric

Market Cap: US$72.4b

A technology and software company, provides various solutions in the Americas, Asia, the Middle East, Africa, and Europe.

Neurocrine Biosciences

Market Cap: US$14.1b

Neurocrine Biosciences, Inc. discovers, develops, and markets pharmaceuticals for neurological, neuroendocrine, and neuropsychiatric disorders in the United States and internationally.

Trinseo

Market Cap: US$89.2m

Provides specialty material solutions in the United States, Europe, the Asia-Pacific, and internationally.

Legacy Housing

Market Cap: US$652.3m

Engages in the building, sale, and financing of manufactured homes and tiny houses primarily in the southern United States.

Flutter Entertainment

Market Cap: US$49.3b

Operates as a sports betting and gaming company in the United States, the United Kingdom, Ireland, Australia, Italy, and internationally.

Fortive

Market Cap: US$16.4b

Designs, develops, manufactures, and markets products, software, and services in the United States, China, and internationally.

Black Diamond Therapeutics

Market Cap: US$193.6m

A clinical-stage oncology company, focuses on the discovery and development of MasterKey therapies for patients with genetically defined tumors.