Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

BYD Electronic (International)

Market Cap: US$75.8b

An investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People’s Republic of China and internationally.

Skymark Airlines

Market Cap: €22.3b

Provides scheduled air transportation services.

ARYZTA

Market Cap: CHF 1.3b

Provides products and services for in-store bakery solutions in Europe and internationally.

LX Semicon

Market Cap: ₩818.1b

Operates as a semiconductor company in South Korea, China, Vietnam, Taiwan, Japan, and internationally.

Aeon (M) Bhd

Market Cap: RM 1.5b

Operates and manages a retail chain of departmental stores and supermarkets in Malaysia.

Security Bank

Market Cap: ₱50.5b

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

Fosun International

Market Cap: HK$35.9b

Operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally.

Aurelia Metals

Market Cap: AU$431.6m

Engages in the exploration and production of mineral properties in Australia.

Emaar Properties PJSC

Market Cap: د.إ125.5b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

Sichuan Baicha Baidao Industrial

Market Cap: HK$9.4b

An investment holding company, provides tea drink products in the People’s Republic of China.

China Resources Land

Market Cap: HK$197.7b

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

JVM

Market Cap: ₩293.7b

Develops and sells automation systems and software of dispensing, packaging, and medication management for hospitals and pharmacies worldwide.

MCNEX

Market Cap: ₩456.7b

Manufactures and sells camera modules in South Korea and internationally.

China National Building Material

Market Cap: HK$39.0b

An investment holding company, engages in building material, new materials, and engineering technical services businesses.

Innocean Worldwide

Market Cap: ₩732.0b

Provides marketing and communications services in the Americas, Europe, Asia, Oceania, the Middle East, and internationally.

Converge Information and Communications Technology Solutions

Market Cap: ₱112.1b

Converge Information and Communications Technology Solutions, Inc.

Fortune Brands Innovations

Market Cap: US$6.0b

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.

IRB Infrastructure Developers

Market Cap: ₹258.5b

Engages in the infrastructure development business in India.

Hu Lane Associate

Market Cap: NT$15.1b

Engages in manufacture and sale of terminal devices, terminal crimping, industrial rubber, and plastic products in Taiwan.

Hansen Technologies

Market Cap: AU$1.1b

Engages in the development, integration, and support of billing and customer information systems.

WemadeLtd

Market Cap: ₩905.9b

Develops and publishes games in South Korea and internationally.

Trajan Group Holdings

Market Cap: AU$106.0m

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.

Inspur Digital Enterprise Technology

Market Cap: HK$8.5b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

Adairs

Market Cap: AU$319.2m

Operates as a specialty retailer of home furnishings, furniture, and decoration products in Australia and New Zealand.

Geely Automobile Holdings

Market Cap: CN¥183.9b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

Hansen Technologies

Market Cap: AU$1.1b

Engages in the development, integration, and support of billing and customer information systems.

Vieworks

Market Cap: ₩176.6b

Develops, manufactures, and sells imaging systems and solutions.

Centurion

Market Cap: S$1.2b

Owns, develops, and manages workers and student accommodation assets in Singapore, Malaysia, Australia, the United Kingdom, and internationally.

Binggrae

Market Cap: ₩644.6b

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

Chambal Fertilisers and Chemicals

Market Cap: ₹192.3b

Produces and sells fertilizers primarily in India.

Acrow

Market Cap: AU$322.3m

Provides smart integrated construction systems across formwork, industrial services, and commercial scaffolding in Australia.

ASUSTeK Computer

Market Cap: NT$412.2b

Researches and develops, designs, manufactures, sells, and repairs computers, communications, and consumer electronic products in Taiwan, China, Singapore, Europe, the United States, and internationally.

China Conch Venture Holdings

Market Cap: HK$17.2b

An investment holding company, provides various package solutions for energy conservation and environmental protection in Mainland China and the Asia-Pacific.

CapitaLand Malaysia Trust

Market Cap: RM 2.1b

CapitaLand Malaysia Trust (CLMT) is a real estate investment trust (REIT) listed on the Main Market of Bursa Malaysia Securities Berhad since 16 July 2010.

SILICON2

Market Cap: ₩2.5t

Engages in the distribution of cosmetics products worldwide.