Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

BRP

Market Cap: €5.6b

Designs, develops, manufactures, and sells powersports vehicles and marine products in the United States, Canada, Europe, Asia Pacific, Latin America, and internationally.

Forbo Holding

Market Cap: CHF 1.0b

Engages in the production and sell of floor coverings, building and construction adhesives, and belt for power transmission and conveyor technology worldwide.

Perrigo

Market Cap: €1.5b

Provides over-the-counter health and wellness solutions in the United States, Europe, and internationally.

NetEase

Market Cap: €571.1b

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.

Calfrac Well Services

Market Cap: CA$583.4m

Provides specialized oilfield services in Canada, the United States, and Argentina.

Wells Fargo

Market Cap: €224.7b

A financial services company, provides diversified banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally.

Otsuka

Market Cap: €1.1t

Provides information services in Japan.

Orsero

Market Cap: €253.4m

Imports and distributes fruits and vegetables in Europe, Latin America, and Central America.

Cosmo Energy Holdings

Market Cap: €592.7b

Through its subsidiaries, engages in the petroleum business in Japan and internationally.

Akzo Nobel

Market Cap: €8.4b

Produces and sells paints and coatings worldwide.

Otis Worldwide

Market Cap: €27.2b

Engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally.

Konecranes

Market Cap: €6.2b

Manufactures, sells, and services material handling products in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

High Tide

Market Cap: CA$292.7m

Engages in the cannabis retail business in Canada, the United States, and internationally.

Arcos Dorados Holdings

Market Cap: €1.7b

Operates as a franchisee of McDonald’s restaurants.

Forward Air

Market Cap: €277.0m

Operates as an asset-light freight and logistics company in the United States, Mexico, Europe, Asia, and Canada.

Vetoquinol

Market Cap: €837.5m

A veterinary pharmaceutical company, designs, develops, and sells veterinary drugs and non-medicinal products for cattle, pigs, dogs, and cats in Europe, the Americas, and the Asia Pacific region.

ProCredit Holding

Market Cap: €468.8m

Provides commercial banking products and services for small and medium enterprises and private clients in Europe, South America, and Germany.

Bank Mandiri (Persero)

Market Cap: €391.6t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Malaysia, Hong Kong, Timor Leste, Shanghai, England, and the Cayman Islands.

American Integrity Insurance Group

Market Cap: €334.4m

Operates as an insurance company in the United States.

Alkane Resources

Market Cap: CA$2.1b

Operates as a gold exploration and production company in Australia.

Transcontinental

Market Cap: CA$459.5m

Engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, and internationally.

Scotts Miracle-Gro

Market Cap: €3.3b

Engages in the manufacture, marketing, and sale of products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally.

Persimmon

Market Cap: UK£3.4b

Operates as a house builder in the United Kingdom.

Indofood Sukses Makmur

Market Cap: €59.9t

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

Royal Caribbean Cruises

Market Cap: €69.8b

Operates as a cruise company worldwide.

Enel Américas

Market Cap: Col$7.8t

Generates, transmits, and distributes electricity in Brazil, Colombia, Central America, Argentina.

Astra International

Market Cap: €230.4t

Operates in the automotive, financial services, heavy equipment, mining, construction, energy, agri, infrastructure and logistics, information technology, and property businesses in Indonesia and internationally.

Pentair

Market Cap: €11.7b

Provides various water solutions in the United States, Western Europe, China, Latin America, the Middle East, Southeast Asia, Australia, and Canada.

Equasens Société anonyme

Market Cap: €556.2m

Provides healthcare IT solutions in Europe.

Globus Medical

Market Cap: €10.4b

Develops and commercializes healthcare solutions for patients with musculoskeletal disorders in the United States and internationally.

Man Wah Holdings

Market Cap: €15.4b

An investment holding company, engages in the manufacture and distribution of sofas and ancillary products in the People's Republic of China, Europe, Vietnam, Mexico, and internationally.

Alcoa

Market Cap: €16.5b

Engages in the bauxite mining, alumina refining, aluminum production, and energy generation business in Australia, Brazil, Canada, Iceland, Norway, Spain, the United States, and internationally.

Fresenius SE KGaA

Market Cap: €21.9b

A health care company, provides products and services for chronically ill patients in North America, Europe, the Asia-Pacific, Latin America, and Africa.

IAMGOLD

Market Cap: CA$13.5b

Through its subsidiaries, operates as a gold producer and developer in Canada and Burkina Faso.

BRP

Market Cap: CA$5.6b

Designs, develops, manufactures, and sells powersports vehicles and marine products in the United States, Canada, Europe, Asia Pacific, Latin America, and internationally.