U.S. Potentially Undervalued Companies

AMA Group

Market Cap: US$459.4m

Engages in the development and operation of collision repair business in Australia and New Zealand.

Theratechnologies

Market Cap: US$215.6m

A biopharmaceutical company, focuses on the commercialization of various therapies to address the unmet medical needs in the United States, Canada, and Europe.

Arcadis

Market Cap: US$3.8b

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

Indofood Sukses Makmur

Market Cap: US$68.0t

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

Evolent Health

Market Cap: US$1.0b

Through its subsidiary, provides specialty care management services in oncology, cardiology, and musculoskeletal markets in the United States.

Brighthouse Financial

Market Cap: US$3.1b

Provides annuity and life insurance products in the United States.

Travel + Leisure

Market Cap: US$3.9b

Provides hospitality services and travel products in the United States and internationally.

Old Second Bancorp

Market Cap: US$921.9m

Operates as the bank holding company for Old Second National Bank that provides community banking services in the United States.

First Internet Bancorp

Market Cap: US$207.8m

Operates as the bank holding company for First Internet Bank of Indiana that provides various commercial, small business, consumer, and municipal banking products and services to individuals and commercial customers in the United States.

Boyd Group Services

Market Cap: US$5.1b

Operates non-franchised collision repair centers in North America.

Tronox Holdings

Market Cap: US$618.2m

Operates as a vertically integrated manufacturer of TiO2 pigment in North America, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific.

Emergent BioSolutions

Market Cap: US$466.3m

A life sciences company, provides preparedness and response solutions for accidental, deliberate, and naturally occurring public health threats in the United States.

NuVista Energy

Market Cap: US$3.2b

Engages in the exploration, development, and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin.

China Merchants Bank

Market Cap: US$1.0t

Provides various banking products and services.

First Pacific

Market Cap: US$27.5b

An investment holding company, engages in the consumer food products, telecommunications, infrastructure, and natural resources businesses in the Philippines, Indonesia, Singapore, the Middle East, Africa, and internationally.

Origin Enterprises

Market Cap: US$412.0m

Provides agronomy services company in Ireland, the United Kingdom, Brazil, Poland, Romania, Latin America, and internationally.

Yancoal Australia

Market Cap: US$7.1b

Engages in the exploration, development, production, and marketing of metallurgical and thermal coal in Australia, China, Japan, Taiwan, South Korea, Thailand, Vietnam, Malaysia, India, Europe, Israel, Chile, Indonesia, Cambodia, and Bangladesh.

Global Industrial

Market Cap: US$1.4b

Through its subsidiaries, operates as an industrial distributor of various industrial and maintenance, repair, and operation (MRO) products in the United States and Canada.

Allied Gold

Market Cap: US$2.7b

Explores and produces mineral deposits in Africa.

Clinuvel Pharmaceuticals

Market Cap: US$566.4m

A biopharmaceutical company, focuses on developing and commercializing treatments for patients with genetic, metabolic, systemic, and life-threatening disorders in Australia, Europe, the United States, Switzerland, and internationally.

BioCryst Pharmaceuticals

Market Cap: US$1.6b

A biotechnology company, develops oral small-molecule and injectable protein therapeutics to treat rare diseases.

SB Financial Group

Market Cap: US$130.2m

Operates as the financial holding company for the State Bank and Trust Company that provides a range of commercial banking and wealth management services to individual and corporate customers primarily in Ohio, Indiana, and Michigan.

Power Corporation of Canada

Market Cap: US$36.9b

An international management and holding company, provides financial services in North America, Europe, and Asia.

Rush Enterprises

Market Cap: US$4.5b

Through its subsidiaries, operates as an integrated retailer of commercial vehicles and related services in the United States and Canada.

Carl Zeiss Meditec

Market Cap: US$3.7b

Operates as a medical technology company in Germany, rest of Europe, North America, and Asia.

UniFirst

Market Cap: US$3.1b

Provides workplace uniforms and protective work wear clothing in the United States, Europe, and Canada.

Trip.com Group

Market Cap: US$49.5b

Through its subsidiaries, operates as a travel service provider for accommodation reservation, transportation ticketing, packaged tours, in-destination, corporate travel management, and other travel-related services in China and internationally.

Unifi

Market Cap: US$85.0m

Engages in the manufacture and sale of recycled and synthetic products in North America, Central America, South America, Asia, and Europe.

HelloFresh

Market Cap: US$1.1b

Operates as meal kit provider for home industry.

Ping An Insurance (Group) Company of China

Market Cap: US$946.5b

Ping An Insurance (Group) Company of China, Ltd.

Liberty Global

Market Cap: US$3.9b

Provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers.

Weatherford International

Market Cap: US$4.9b

An energy services company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide.

Orbia Advance Corporation. de

Market Cap: US$30.9b

Orbia Advance Corporation, S.A.B. de C.V.

InnovAge Holding

Market Cap: US$649.7m

Manages and provides a range of medical and ancillary services for seniors in need of care and support to live independently in its homes and communities.

DXC Technology

Market Cap: US$2.4b

Provides information technology services and solutions in the United States, the United Kingdom, the rest of Europe, Australia, and internationally.

CEMEX. de

Market Cap: US$241.7b

Engages in the production, marketing, distribution, and sale of cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and services worldwide.