Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Longfor Group Holdings

Market Cap: HK$69.6b

An investment holding company, engages in the property development, commercial investment, asset management, property management, and smart construction businesses in the People’s Republic of China.

Trajan Group Holdings

Market Cap: AU$96.9m

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.

Guangdong Haid Group

Market Cap: CN¥90.5b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

Hansen Technologies

Market Cap: AU$1.1b

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

Beijing New Building Materials

Market Cap: CN¥42.7b

Manufactures and sells building materials in China and internationally.

Adairs

Market Cap: AU$330.7m

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

Anker Innovations

Market Cap: CN¥58.2b

Develops and sells mobile charging products.

China Mengniu Dairy

Market Cap: HK$56.4b

An investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People’s Republic of China and internationally.

New Hope Dairy

Market Cap: CN¥14.3b

Produces and sells dairy products in China.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥11.0b

Manufactures and sells steel structures and supporting products in China and internationally.

China Railway Group

Market Cap: CN¥126.9b

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

Acrow

Market Cap: AU$323.1m

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

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥14.9b

Engages in the research, development, manufacturing, and sale of invasive medical devices in China and internationally.

Industrial Bank

Market Cap: CN¥441.9b

Provides banking products and services in the People’s Republic of China.

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥11.4b

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.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.5b

Provides chemical supply chain solutions worldwide.

Aurelia Metals

Market Cap: AU$397.8m

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

Shenzhen Transsion Holdings

Market Cap: CN¥78.7b

Provides smart devices and mobile services in Africa, South and Southeast Asia, the Middle East, Latin America, and internationally.

Huaqin Technology

Market Cap: CN¥94.5b

Engages in the development, manufacturing, and operation service of software, hardware, systems for tech companies worldwide.

China National Building Material

Market Cap: HK$39.5b

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

BYD Electronic (International)

Market Cap: US$78.4b

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.

GWA Group

Market Cap: AU$647.8m

Research, designs, manufactures, imports, and markets building fixtures and fittings to residential and commercial premises in Australia, New Zealand, the United Kingdom, and internationally.

China Construction Bank

Market Cap: HK$2.1t

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.

China Resources Land

Market Cap: HK$208.2b

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

Emaar Properties PJSC

Market Cap: د.إ122.4b

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

LPKF Laser & Electronics

Market Cap: €136.5m

Develops, manufactures, and sells laser-based solutions for the technology industry worldwide.

Compagnie de Saint-Gobain

Market Cap: €41.9b

Designs, manufactures, and distributes materials and solutions for the construction and industrial markets worldwide.

Argan

Market Cap: €1.6b

ARGAN is the only French real estate company specializing in the DEVELOPMENT & RENTAL OF PREMIUM WAREHOUSES listed on EURONEXT and is the leading player of its market in France.

Befesa

Market Cap: €1.1b

Offers environmental recycling services to the steel and aluminum industries in the European, Asian, and North American markets.

Beazley

Market Cap: €4.6b

Provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally.

DEME Group

Market Cap: €3.7b

Provides marine solutions in the fields of offshore energy, dredging, marine infrastructure, and environmental works in Belgium, Europe, Africa, the United States, Asia, Oceania, and the Middle East.

Gecina

Market Cap: €5.9b

A leading operator, that fully integrates all real estate expertise, owning, managing, and developing a unique prime portfolio valued at €17.0bn as at June 30, 2025.

Austevoll Seafood

Market Cap: NOK 18.1b

A seafood company, produces and sells salmon and trout, whitefish, and pelagic in Norway, the European Union, the United Kingdom, Eastern Europe, Africa, North America, Asia, and South America.

INDUS Holding

Market Cap: €677.2m

A private equity firm specializing in mergers and acquisitions and corporate spin-offs.

Arcadis

Market Cap: €3.2b

Offers design, engineering, architecture, and consultancy solutions for natural and built assets in The Americas, Europe, the Middle East, and the Asia Pacific.