U.S. Potentially Undervalued Companies

AIB Group

Market Cap: US$16.5b

Provides banking and financial products and services to retail, business, and corporate customers in the Republic of Ireland, the United Kingdom, and internationally.

Northeast Community Bancorp

Market Cap: US$238.5m

Operates as the holding company for NorthEast Community Bank that provides financial services for individuals and businesses.

QBE Insurance Group

Market Cap: US$30.8b

Engages in underwriting general insurance and reinsurance risks in the Australia Pacific, North America, and internationally.

Provident Financial Services

Market Cap: US$2.6b

Operates as the bank holding company for Provident Bank that provides various banking products and services to individuals, families, and businesses in the United States.

Kennametal

Market Cap: US$1.6b

Engages in development and application of tungsten carbides, ceramics, and hard materials and solutions worldwide.

Siemens Healthineers

Market Cap: US$50.4b

Through its subsidiaries, develops, manufactures, and sells a range of diagnostic and therapeutic products and services to healthcare providers worldwide.

Volkswagen

Market Cap: US$46.0b

Manufactures and sells automobiles in Germany, other European countries, North America, South America, the Asia-Pacific, and internationally.

IAC

Market Cap: US$2.8b

Operates as a media and internet company worldwide.

MTU Aero Engines

Market Cap: US$20.1b

Engages in the development, manufacture, marketing, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally.

Worley

Market Cap: US$7.2b

Provides professional services to the energy, chemicals, and resources sectors in the Americas, Europe, the Middle East, Africa, Australia, the Asia Pacific, and China.

Lincoln National

Market Cap: US$7.6b

Through its subsidiaries, operates multiple insurance and retirement businesses in the United States.

DNOW

Market Cap: US$1.6b

Distributes downstream energy and industrial products for petroleum refining, chemical processing, LNG terminals, power generation, gas utilities, and customer on-site and off-site locations in the United States, Canada, the United Kingdom, Norway, Australia, the Netherlands, Singapore, and the Middle East.

Adient

Market Cap: US$2.0b

Engages in the design, development, manufacture, and market of seating systems and components for passenger cars, commercial vehicles, and light trucks.

Green Plains

Market Cap: US$602.5m

Produces low-carbon fuels in the United States and internationally.

Volkswagen

Market Cap: US$46.0b

Manufactures and sells automobiles in Germany, other European countries, North America, South America, the Asia-Pacific, and internationally.

CureVac

Market Cap: US$1.2b

A biopharmaceutical company, focuses on developing various transformative medicines based on messenger ribonucleic acid (mRNA).

SkyWest

Market Cap: US$4.1b

Through its subsidiaries, engages in the operation of a regional airline in the United States.

Agricultural Bank of China

Market Cap: US$2.5t

Provides banking products and services.

Methanex

Market Cap: US$4.1b

Produces and supplies methanol in Asia Pacific, North America, Europe, and South America.

Generac Holdings

Market Cap: US$9.6b

Designs, manufactures, and distributes energy technology products and solution worldwide.

Marriott Vacations Worldwide

Market Cap: US$2.4b

A vacation company, engages in the vacation ownership, exchange, rental, and resort and property management businesses in the United States and internationally.

International Flavors & Fragrances

Market Cap: US$15.5b

Manufactures and markets food, beverage, health and biosciences, scent, pharma solutions, and complementary adjacent products in the United States, Europe, and internationally.

NMI Holdings

Market Cap: US$3.0b

Provides private mortgage guaranty insurance services in the United States.

Flagship Communities Real Estate Investment Trust

Market Cap: US$652.0m

An unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust dated August 12, 2020 (as subsequently amended and restated, the “Declaration of Trust”) under the laws of the Province of Ontario.

Haemonetics

Market Cap: US$2.3b

A medical technology company, provides a suite of hospital technologies solutions in the United States and internationally.

ageas

Market Cap: US$11.1b

Engages in insurance business.

Nordea Bank Abp

Market Cap: US$48.9b

Offers banking products and services for individuals, families, and businesses in Sweden, Finland, Norway, Denmark, and internationally.

Thermal Energy International

Market Cap: US$23.2m

Engages in the development, engineering, and supply of pollution control products, heat recovery systems, and condensate return solutions in North America, Europe, and internationally.

Upbound Group

Market Cap: US$1.4b

Upbound Group, Inc. leases household durable goods to customers on a lease-to-own basis in the United States, Puerto Rico, and Mexico.

Dole

Market Cap: US$1.3b

Engages in sourcing, processing, marketing, and distribution of fresh fruit and vegetables worldwide.

Shutterstock

Market Cap: US$728.3m

Provides platform to connect brands and businesses to high quality content in North America, Europe, and internationally.

Weibo

Market Cap: US$3.0b

Through its subsidiaries, operates as a social media platform for people to create, discover, and distribute content in the People’s Republic of China.

Alignment Healthcare

Market Cap: US$3.4b

Operates a consumer-centric healthcare platform for seniors in the United States.

Pediatrix Medical Group

Market Cap: US$1.4b

Provides newborn, maternal-fetal, and other pediatric subspecialty care services in the United States.

Nestlé

Market Cap: US$183.0b

Operates as a food and beverage company.

MS&AD Insurance Group Holdings

Market Cap: US$5.2t

An insurance holding company, engages in the provision of insurance and financial services worldwide.