Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

ANTA Sports Products

Market Cap: €214.1b

Engages in the research, design, development, manufacture, market, and sale of professional sports footwear, apparel, and accessories in China and internationally.

Indofood Sukses Makmur

Market Cap: €52.5t

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

Bidvest Group

Market Cap: €77.2b

An investment holding company, engages in services, trading, and distribution businesses in South Africa and internationally.

Pepper Money

Market Cap: €754.7m

Operates as a non-bank lender in the mortgage and asset finance markets in Australia and New Zealand.

Kuaishou Technology

Market Cap: €229.8b

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

AMG Critical Materials

Market Cap: US$1.1b

Develops, produces, and sells energy storage materials in the United States, China, Germany, France, Japan, Brazil, Africa, and internationally.

NetEase

Market Cap: US$561.0b

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

Forward Air

Market Cap: €504.9m

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

Tokuyama

Market Cap: €267.8b

Produces and sells various chemical products in Japan.

China Aviation Oil (Singapore)

Market Cap: €1.8b

Trades in and supplies jet fuel to civil aviation industry worldwide.

Howden Joinery Group

Market Cap: UK£4.2b

Supplies various kitchen, joinery, and hardware products in the United Kingdom, France, Belgium, and the Republic of Ireland.

Bertrandt

Market Cap: €150.6m

Provides engineering services.

A. O. Smith

Market Cap: €9.0b

Manufactures and markets residential and commercial gas and electric water heaters, boilers, heat pumps, tanks, and water treatment products in North America, China, Europe, and India.

GFT Technologies

Market Cap: €438.4m

Provides digital transformation services.

Hoenle

Market Cap: €52.0m

Develops, manufactures, and distributes industrial UV technologies and systems in Germany and internationally.

Trajan Group Holdings

Market Cap: AU$64.8m

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$3.7b

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.

Cheerwin Group

Market Cap: HK$2.9b

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.

Indofood Sukses Makmur

Market Cap: Rp52.9t

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

DIO

Market Cap: ₩221.1b

Manufactures and sells dental implants in South Korea and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥27.0b

Engages in the engineering, equipment manufacture and supply, and other businesses in China and internationally.

Konica Minolta

Market Cap: JP¥254.6b

Engages in digital workplace, professional print, healthcare, and industry business in Japan, China, other Asian countries, the United States, Europe, and internationally.

Aeris Resources

Market Cap: AU$502.8m

Explores, produces, and sells precious metals in Australia.

Atturra

Market Cap: AU$200.9m

Provides advisory and information technology solutions in Australia, New Zealand, Singapore, North America, and Hong Kong.

Ansell

Market Cap: AU$4.0b

Designs, sources, develops, manufactures, distributes, and sells hand and body protection solutions in the Asia Pacific, Europe, the Middle East, Africa, Latin America, the Caribbean, and North America.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.3b

Provides chemical supply chain solutions worldwide.

Aurelia Metals

Market Cap: AU$406.4m

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

Centurion

Market Cap: S$1.2b

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

Sansiri

Market Cap: ฿24.3b

Engages in the property development business in Thailand.

Aurelia Metals

Market Cap: AU$406.4m

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

Morimatsu International Holdings

Market Cap: HK$8.4b

Designs, manufactures, installs, operates, and maintains core equipment, process systems, and solutions primarily for chemical reactions, biological reactions, and polymerization.

F&F

Market Cap: ₩2.4t

Manufactures and sells apparel and accessories in South Korea.

Hansen Technologies

Market Cap: AU$1.0b

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

Aux Electric

Market Cap: HK$15.5b

Engages in the manufacturing, sales, and marketing of air conditioners.

China Conch Venture Holdings

Market Cap: HK$19.3b

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