U.S. Potentially Undervalued Companies

Banco do Brasil

Market Cap: US$126.2b

Provides banking products and services for individuals, companies, and public sectors in Brazil and internationally.

Controladora Vuela Compañía de Aviación. de

Market Cap: US$14.3b

Controladora Vuela Compañía de Aviación, S.A.B.

Synchronoss Technologies

Market Cap: US$71.5m

Provides white label cloud software and services in North America, Europe, the Middle East, Africa, and the Asia Pacific.

Trinity Capital

Market Cap: US$1.1b

A business development company specializing in term loans, equipment financing, and private equity-related investments.

Worldline

Market Cap: US$739.2m

Provides payments and transactional services for financial institutions, merchants, corporations, and government agencies in Northern Europe, Central and Eastern Europe, Southern Europe, and internationally.

Bouygues

Market Cap: US$14.2b

Operates in the construction, energy, telecom, media, and transport infrastructure sectors in France and internationally.

Barclays

Market Cap: US$52.5b

Provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia.

Scorpio Tankers

Market Cap: US$2.7b

Engages in the seaborne transportation of crude oil and refined petroleum products worldwide.

International Seaways

Market Cap: US$2.3b

Owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the international flag trade.

Pathward Financial

Market Cap: US$1.7b

Operates as the bank holding company for Pathward, National Association that provides various banking products and services in the United States.

thyssenkrupp

Market Cap: US$7.1b

Operates as an industrial and technology company in Germany and internationally.

E.W. Scripps

Market Cap: US$252.6m

Operates as a media enterprise through a portfolio of local television stations, national news, and entertainment networks in the United States.

WH Group

Market Cap: US$107.8b

An investment holding company, produces and sells packaged meats and pork in China, North America, and Europe.

Plymouth Industrial REIT

Market Cap: US$988.7m

Plymouth Industrial REIT, Inc. (NYSE: PLYM) is a full service, vertically integrated real estate investment company focused on the acquisition, ownership and management of single and multi-tenant industrial properties.

Jamf Holding

Market Cap: US$1.5b

Provides management and security solutions for Apple platforms in the Americas, Europe, the Middle East, India, Africa, and the Asia Pacific.

First Business Financial Services

Market Cap: US$427.8m

Operates as the bank holding company for First Business Bank that provides commercial banking products and services for small and medium-sized businesses, business owners, executives, professionals, and high net worth individuals in Wisconsin, Kansas, and Missouri.

Kesko Oyj

Market Cap: US$7.1b

Engages in the chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Denmark, and Poland.

Merck KGaA

Market Cap: US$46.2b

Operates as a science and technology company in Germany.

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: US$67.1b

Engages in the insurance and reinsurance businesses worldwide.

Interface

Market Cap: US$1.7b

Designs, produces, and sells modular carpet products in the United States, Canada, Latin America, Europe, Africa, Asia, and Australia.

Jefferson Capital

Market Cap: US$1.0b

Provides debt recovery solutions and other related services in the United States, the United Kingdom, Canada, and Latin America.

Deutsche Post

Market Cap: US$42.6b

Operates as a mail and logistics company in Germany, rest of Europe, the Americas, the Asia Pacific, the Middle East, and Africa.

LandBridge

Market Cap: US$4.2b

Owns and manages land and resources to support and enhance oil and natural gas development in the United States.

Auna

Market Cap: US$490.4m

A healthcare service provider, operates hospitals and clinics in Mexico, Peru, and Colombia.

Baidu

Market Cap: US$45.7b

Provides online marketing and non-marketing value added services through an internet platform in the People’s Republic of China.

Matson

Market Cap: US$3.3b

Engages in the provision of ocean transportation and logistics services.

Delivra Health Brands

Market Cap: US$6.4m

Through its subsidiaries, provides lifestyle, health, and wellness products to consumers and patients worldwide.

Hertz Global Holdings

Market Cap: US$2.2b

Operates as a vehicle rental company.

Cyrela Brazil Realty Empreendimentos e Participações

Market Cap: US$11.1b

Develops and constructs residential properties in Brazil.

Entain

Market Cap: US$5.7b

Operates as a sports-betting and gaming company in the United Kingdom, Ireland, Italy, rest of Europe, Australia, New Zealand, and internationally.

Vodafone Group

Market Cap: US$20.4b

Provides telecommunication services in Germany, the United Kingdom, rest of Europe, Turkey, and South Africa.

WPP

Market Cap: US$3.8b

A creative transformation company, provides communications, experience, commerce, and technology services in North America, the United Kingdom, Western Continental Europe, the Asia Pacific, Latin America, Africa, the Middle East, and Central and Eastern Europe.

Iron Mountain

Market Cap: US$29.9b

Iron Mountain Incorporated (NYSE: IRM) is trusted by more than 240,000 customers in 61 countries, including approximately 95% of the Fortune 1000, to help unlock value and intelligence from their assets through services that transcend the physical and digital worlds.

Dynavax Technologies

Market Cap: US$1.2b

A commercial stage biopharmaceutical company, focuses on developing and commercializing vaccines in the United States and internationally.

Jaguar Mining

Market Cap: US$455.7m

A junior gold mining company, engages in the acquisition, exploration, development, and operation of gold mineral properties in Brazil.

IGM Financial

Market Cap: US$12.1b

Engages in the asset management business in Canada.