Global Potentially Undervalued Companies

Carrefour

Market Cap: €12.6b

Operates as a food retailer in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, the Middle East, Africa, and Asia.

China Foods

Market Cap: HK$7.8b

An investment holding company, manufactures, distributes, markets, and sells Coca-Cola series products in the People’s Republic of China.

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Parade Technologies

Market Cap: NT$41.4b

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

Trajan Group Holdings

Market Cap: AU$120.4m

Develops, manufactures, sells, and distributes analytical and life science products and devices in Australia, New Zealand, Malaysia, Japan, the United States, Europe, the Middle East, Africa, and India.

Fortune Brands Innovations

Market Cap: US$6.3b

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.

Red Rock Resorts

Market Cap: US$4.2b

Through its interest in Station Casinos LLC, develops and manages casino and entertainment properties in the United States.

TEGNA

Market Cap: US$2.5b

Operates as a journalism company in the United States.

Timken

Market Cap: €4.3b

Designs, manufactures, and sells engineered bearings and industrial motion products, and related services in the United States and internationally.

Reynolds Consumer Products

Market Cap: €5.0b

Produces and sells products in cooking, waste and storage, and tableware product categories in the United States and internationally.

Quest Resource Holding

Market Cap: €50.8m

Provides solutions for the reuse, recycling, and disposal of various waste streams and recyclables in the United States.

RioCan Real Estate Investment Trust

Market Cap: CA$4.9b

RioCan is one of Canada’s largest real estate investment trusts.

Sanofi

Market Cap: €112.1b

A healthcare company, engages in the research, development, manufacture, and marketing of therapeutic solutions in the United States, Europe, and internationally.

Hamilton Insurance Group

Market Cap: US$1.9b

Through its subsidiaries, operates as specialty insurance and reinsurance company in Bermuda and internationally.

Nordex

Market Cap: €3.7b

Develops, manufactures, and distributes multi-megawatt onshore wind turbines worldwide.

Avantor

Market Cap: US$10.6b

Engages in the provision of mission-critical products and services to customers in the biopharma, healthcare, education and government, advanced technologies, and applied materials industries in the Americas, Europe, Asia, the Middle East, and Africa.

Esprinet

Market Cap: €243.8m

Engages in the wholesale distribution of information technology (IT) products and consumer electronics in Italy, Spain, Portugal, and rest of Europe.

Royalty Pharma

Market Cap: €18.6b

Operates as a buyer of biopharmaceutical royalties and a funder of innovation in the biopharmaceutical industry in the United States.

PACCAR

Market Cap: US$47.0b

Designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, Canada, Europe, Mexico, South America, Australia, and internationally.

Hammond Power Solutions

Market Cap: €941.0m

Engages in the design, manufacture, and sale of various transformers in Canada, the United States, Mexico, and India.

Enovis

Market Cap: €1.8b

Operates as a medical technology company focus on developing clinically differentiated solutions in the United States and internationally.

Datalogic

Market Cap: €211.1m

Manufactures and sells automatic data capture and process automation products in Italy, the Americas, the Asia Pacific, rest of Europe, the Middle East, and Africa.

PLDT

Market Cap: US$277.4b

Provides telecommunications and digital services in the Philippines.

Lithia Motors

Market Cap: €7.6b

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

Sangoma Technologies

Market Cap: US$217.7m

Develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications in the United States of America and internationally.

CES Energy Solutions

Market Cap: €1.4b

Engages in the design, implementation, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada.

Athabasca Oil

Market Cap: CA$2.3b

Engages in the exploration, development, and production of thermal and light oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada.

Steelcase

Market Cap: €1.2b

Provides a portfolio of furniture and architectural products and services in the United States and internationally.

Chemung Financial

Market Cap: US$197.7m

Operates as a bank holding company for Chemung Canal Trust Company that provides a range of banking, financing, fiduciary, and other financial services.

East West Bancorp

Market Cap: US$10.3b

Operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States.

Pepper Money

Market Cap: €597.2m

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

SFL

Market Cap: €1.0b

A maritime and offshore asset owning and chartering company, engages in the ownership, operation, and chartering out of vessels and offshore related assets on medium and long-term charters.

Luceco

Market Cap: €184.8m

Manufactures and distributes wiring accessories, LED lighting, and portable power products in the United Kingdom, the Americas, Europe, the Middle East, Africa, the Asia Pacific.

Vanquis Banking Group

Market Cap: UK£145.4m

Engages in the provision of personal credit products to the non-standard lending market in the United Kingdom and the Republic of Ireland.

ANTA Sports Products

Market Cap: €246.1b

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

Preferred Bank

Market Cap: US$1.0b

Provides various banking products and services to small and mid-sized businesses, entrepreneurs, real estate developers, professionals, and high net worth individuals.