U.S. Potentially Undervalued Companies

Evolution Mining

Market Cap: US$20.7b

Engages in the exploration, mine development and operation, and sale of gold and gold-copper concentrates in Australia and Canada.

Actelis Networks

Market Cap: US$6.5m

Engages in the design, development, manufacture, and marketing of cyber hardened, hybrid fiber, networking solutions for Internet of Things and telecommunication governmental agencies and companies in North America, Europe, the Middle East, Africa, and the Asia Pacific.

Pampa Energía

Market Cap: US$5.0t

Operates as an integrated power company in Argentina.

Sumitomo

Market Cap: US$5.3t

Engages in the general trading business.

Vaisala Oyj

Market Cap: US$1.6b

Provides weather, environmental, and industrial measurement solutions and services for weather-related and industrial markets.

ConvaTec Group

Market Cap: US$4.5b

Engages in the development, manufacturing, and sale of medical products, services and technologies in Europe, North America, and internationally.

NorthWestern Energy Group

Market Cap: US$3.6b

NorthWestern Energy Group, Inc., doing business as NorthWestern Energy, provides electricity and natural gas to residential, commercial, and various industrial customers.

LendingTree

Market Cap: US$961.0m

Through its subsidiary, operates online consumer platform in the United States.

Hong Kong Technology Venture

Market Cap: US$1.1b

Engages in the e-commerce and technology businesses in Hong Kong.

Shenzhen International Holdings

Market Cap: US$19.3b

An investment holding company, invests in, constructs, and operates logistics infrastructure facilities primarily in the People’s Republic of China.

Television Broadcasts

Market Cap: US$1.6b

Engages in terrestrial television broadcasting, program production, and other television-related activities.

Insurance Australia Group

Market Cap: US$19.2b

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand.

Zhejiang Leapmotor Technology

Market Cap: US$93.6b

Engages in the research and development, production, and sale of new energy vehicles in Mainland China and internationally.

MediPal Holdings

Market Cap: US$542.2b

Medipal Holdings Corporation engages in the prescription pharmaceutical wholesale business in Japan.

Hiab Oyj

Market Cap: US$3.2b

Provides smart and on road load-handling solutions and services in Finland.

Hansoh Pharmaceutical Group

Market Cap: US$210.9b

An investment holding company, engages in the research, development, production, and sale of pharmaceutical products in the People’s Republic of China.

BioGaia

Market Cap: US$10.9b

A healthcare company, develops, manufactures, markets and sells probiotic products for gut, oral, and immune health in Europe, the Middle East, Africa, the United States, the Asia-Pacific, Australia, and New Zealand.

Kajima

Market Cap: US$2.1t

Engages in civil engineering, building construction, real estate development, architectural design, and other businesses worldwide.

TOPPAN Holdings

Market Cap: US$1.1t

Develops solutions based on its printing technologies in Japan, Asia, and internationally.

China Everbright Environment Group

Market Cap: US$27.3b

An investment holding company, provides environmental solutions worldwide.

Genscript Biotech

Market Cap: US$34.3b

An investment holding company, engages in the manufacture and sale of life science research products and services in the United States of America, Europe, Mainland China, Europe, Asia Pacific, and internationally.

Kennedy-Wilson Holdings

Market Cap: US$1.2b

Operates as a real estate investment company in the United States and Europe.

WEBTOON Entertainment

Market Cap: US$2.5b

Operates a storytelling platform in the United States, Korea, Japan, and internationally.

MediPharm Labs

Market Cap: US$29.5m

Operates as a pharmaceutical company that produces and sells purified, pharmaceutical-quality cannabis extracts, concentrates, active pharmaceutical ingredients, and advanced derivative products in Canada, Australia, Germany, and internationally.

Roche Holding

Market Cap: US$217.5b

Engages in the pharmaceuticals and diagnostics businesses in Europe, North America, Latin America, Asia, Africa, Australia, and New Zealand.

Redeia Corporación

Market Cap: US$8.8b

Engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally.

Haverty Furniture Companies

Market Cap: US$364.3m

Operates as a specialty retailer of residential furniture and accessories in the United States.

Kemper

Market Cap: US$3.3b

An insurance holding company, provides insurance products in the United States.

Federal National Mortgage Association

Market Cap: US$73.2b

Provides financing solutions for residential mortgages in the United States.

Constellium

Market Cap: US$2.1b

Engages in the design, manufacture, and sale of rolled and extruded aluminum products for the aerospace, packaging, automotive, commercial transportation, general industrial, and defense end-markets.

Craneware

Market Cap: US$815.9m

Develops, licenses, and supports computer software for the healthcare industry in the United States.

ICL Group

Market Cap: US$7.9b

Operates as a specialty minerals and chemicals company worldwide.

Home Bancshares (Conway AR)

Market Cap: US$5.7b

Operates as the bank holding company for Centennial Bank that provides commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals, and municipalities in the United States.

Mueller Water Products

Market Cap: US$4.0b

Manufactures and markets products and services for the transmission, distribution, and measurement of water used by municipalities, and the residential and non-residential construction industries in the United States, Israel, and internationally.

North American Construction Group

Market Cap: US$564.7m

Provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States.

Warrior Met Coal

Market Cap: US$3.3b

Engages in the production and export of non-thermal steelmaking coal for the steel production by metal manufacturers in Europe, South America, and Asia.