Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Premier Foods

Market Cap: UK£1.7b

Manufactures, distributes, and sells branded and own label food products in the United Kingdom, other European countries, and internationally.

Prudential

Market Cap: UK£27.5b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.

Havas

Market Cap: €1.6b

Provides communications and marketing services in France, the United Kingdom, rest of Europe, North America, Latin America, the Asia-Pacific, and Africa.

Tongcheng Travel Holdings

Market Cap: €44.1b

An investment holding company, provides travel related services in the People’s Republic of China.

Delta Air Lines

Market Cap: €41.5b

Provides scheduled air transportation for passengers and cargo in the United States and internationally.

Bank7

Market Cap: €395.7m

Operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers.

Kuaishou Technology

Market Cap: €259.4b

An investment holding company, provides live streaming, online marketing, and other services in the People’s Republic of China.

Grand Pharmaceutical Group

Market Cap: €25.2b

An investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical preparations and medical devices, biotechnology and healthcare products, and pharmaceutical raw materials.

Indofood Sukses Makmur

Market Cap: €54.7t

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

Valeura Energy

Market Cap: €1.2b

Engages in the exploration, development, and production of petroleum and natural gas in Thailand and in Turkey.

Wesdome Gold Mines

Market Cap: €3.8b

Wesdome Gold Mines Ltd. mines, develops, and explores for gold and silver deposits in Canada.

Man Wah Holdings

Market Cap: €17.6b

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.

On the Beach Group

Market Cap: €284.0m

Operates as an online retailer of short haul beach holidays under the On the Beach brand in the United Kingdom and Republic of Ireland.

Ernst Russ

Market Cap: €240.5m

A publicly owned investment manager.

Lithia Motors

Market Cap: €6.4b

Operates as an automotive retailer in the United States, the United Kingdom, and Canada.

Cheerwin Group

Market Cap: €3.0b

An investment holding company, manufactures and trades household insecticides and repellents, household cleaning, air care, personal care, pet stores and pet products, and other products in the People’s Republic of China.

First Bank

Market Cap: €401.5m

Provides various banking products and services to small and mid-sized businesses and individuals.

Cooper-Standard Holdings

Market Cap: €628.1m

Through its subsidiary, manufactures sealing systems and fluid handling systems in the North America, Europe, the Asia Pacific, and the South America.

Aegean Airlines

Market Cap: €1.1b

Operates as an airline company that engages in the provision of public airline transportation services in Greece and internationally.

q.beyond

Market Cap: €99.9m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

Sanwa Holdings

Market Cap: JP¥805.8b

Through its subsidiaries, manufactures and sells construction materials for commercial and residential buildings in Japan, North America, Europe, and Asia.

Tokai Carbon

Market Cap: JP¥216.9b

Manufactures and sells carbon-related products and services in Japan.

Future

Market Cap: JP¥147.6b

Provides IT consulting and services primarily in Japan.

OceanaGold

Market Cap: €11.5b

Engages in the exploration, development, and operation of gold and gold/copper mines in the United States, the Philippines, and New Zealand.

Converge Information and Communications Technology Solutions

Market Cap: ₱101.4b

Converge Information and Communications Technology Solutions, Inc.

Indegene

Market Cap: ₹111.0b

Operates as a digital-first life sciences commercialization company in India, the United States, Europe, and internationally.

Vikram Solar

Market Cap: ₹61.9b

Manufactures and sells solar photovoltaic modules/systems in India and internationally.

Ventura Offshore Holding

Market Cap: NOK 2.7b

A deep-water drilling contractor, provides offshore drilling services to the oil and gas industry in Brazil and internationally.

REC

Market Cap: ₹900.2b

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

Eurobank

Market Cap: €13.3b

Provides retail, corporate and private banking, asset management, treasury, capital market, and other services in Greece, Bulgaria, Cyprus, and Luxembourg.

Alpha Bank

Market Cap: €8.1b

Provides various banking and financial products and services in Greece and internationally.

SILICON2

Market Cap: ₩2.4t

Engages in the distribution of cosmetics products worldwide.

Tasly Pharmaceutical Group

Market Cap: CN¥20.8b

Researches, develops, manufactures, and sells medicines and related pharmaceuticals in China and internationally.

Security Bank

Market Cap: ₱52.7b

Provides banking and financial products and services to wholesale and retail clients in the Philippines.

Bear Electric ApplianceLtd

Market Cap: CN¥6.4b

Engages in the research and development, design, production, and sale of small household appliances under Bear brand name in China and internationally.