Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

Spectrum Pharmaceuticals, Inc., a biopharmaceutical company, develops and commercializes oncology drug products.

Cosmo Pharmaceuticals

Market Cap: CHF 1.0b

Focuses on the development and commercialization products for gastroenterology, dermatology, and healthtech worldwide.

Asahi Group Holdings

Market Cap: €2.7t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Casta Diva Group

Market Cap: €13.1m

Operates as a communication company in Italy and internationally.

Stingray Group

Market Cap: €678.9m

Operates as a music, media, and technology company in Canada, the United States, and internationally.

Brinker International

Market Cap: €6.2b

Owns, develops, operates, and franchises casual dining restaurants in the United States and internationally.

Fortune Brands Innovations

Market Cap: US$6.5b

Engages in the provision of home and security products for residential home repair, remodeling, new construction, and security applications in the United States and internationally.

Chorus Aviation

Market Cap: CA$609.7m

Through its subsidiaries, provides aviation services.

China Construction Bank

Market Cap: US$2.0t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

Anheuser-Busch InBev

Market Cap: €97.6b

Produces, distributes, exports, markets, and sells beer in North America, Middle Americas, South America, Europe, the Middle East, Africa, and the Asia Pacific.

Tingyi (Cayman Islands) Holding

Market Cap: €59.0b

An investment holding company, manufactures and sells instant noodles, beverages, and instant food products in the People’s Republic of China.

Sasseur Real Estate Investment Trust

Market Cap: S$866.4m

Invests in a portfolio of real estate and related assets.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥49.6b

Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd.

Tsingtao Brewery

Market Cap: HK$85.5b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Huaibei Mining HoldingsLtd

Market Cap: CN¥34.1b

Primarily engages in coal mining, washing, processing, sales, and production of coal chemical products in China.

Aurora Design

Market Cap: ฿18.9b

Trades gold jewelry in Thailand.

Vardhman Textiles

Market Cap: ₹120.6b

Manufactures, purchases, and sells textiles and fibres in India and internationally.

Converge Information and Communications Technology Solutions

Market Cap: ₱87.5b

Converge Information and Communications Technology Solutions, Inc.

China Resources Land

Market Cap: HK$214.6b

An investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China.

Trajan Group Holdings

Market Cap: AU$114.4m

Develops, manufactures, and sells analytical and life science products and devices in Malaysia, Japan, Australia, New Zealand, the United States, Europe, the Middle East, Africa, and India.

Middle East Healthcare

Market Cap: ر.س5.2b

A healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Middle East and North Africa.

China Railway Group

Market Cap: CN¥127.4b

Operates as a multi-functional integrated construction company in Mainland China and internationally.

Binggrae

Market Cap: ₩682.6b

Engages in production and sale of dairy products in South Korea and internationally.

Micro-Star International

Market Cap: NT$98.8b

Engages in the manufacture and sale of motherboards, interface cards, notebook computers, and other electronic products in Asia, Europe, the United States, and internationally.

Carlsberg

Market Cap: US$103.4b

Produces and markets beer and other beverage products in Denmark, China, the United Kingdom, and internationally.

China Construction Bank

Market Cap: HK$2.0t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

True Corporation

Market Cap: ฿369.7b

Provides telecommunications and value-added services in Thailand.

Hyosung TNC

Market Cap: ₩940.8b

Manufactures and sells fiber in South Korea and internationally.

REC

Market Cap: ₹1.0t

Engages in the provision of financing services for power generation, transmission, and distribution projects in India.

Haidilao International Holding

Market Cap: HK$71.2b

An investment holding company, engages in the restaurant operation and delivery businesses.

Ganyuan Foods

Market Cap: CN¥5.1b

Engages in the research and development, production, and sale of snack foods in China.

C&D International Investment Group

Market Cap: HK$40.1b

An investment holding company, engages in the property development, real estate industry chain investment services, and industry investment activities in the People’s Republic of China.

Chongqing Baiya Sanitary Products

Market Cap: CN¥11.6b

Chongqing Baiya Sanitary Products Co., Ltd.

China Overseas Property Holdings

Market Cap: HK$16.3b

An investment holding company, provides property management services in Hong Kong, Macau, and Mainland China.

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥12.4b

Engages in the manufacture and sale of pharmaceutical raw materials, and food and feed additives under the Star Lake and Yue Bao brand names in China and internationally.

Horizon Construction Development

Market Cap: HK$3.8b

Operates as an investment holding company that provides equipment operation services in the People's Republic of China.