Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Security Bank

Market Cap: ₱51.5b

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

Future

Market Cap: JP¥142.0b

Provides IT consulting and services primarily in Japan.

Japan Hotel REIT Investment

Market Cap: JP¥396.5b

Japan Hotel REIT Investment Corporation (JHR) was established under the Act on Investment Trusts and Investment Corporations (Act No.

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.

Oceania Healthcare

Market Cap: AU$535.9m

Owns and operates retirement villages and care centres in New Zealand.

Lion

Market Cap: JP¥451.2b

Manufactures and sells consumer and industrial products in Japan and internationally.

Capital Bancorp

Market Cap: US$470.3m

Operates as the bank holding company for Capital Bank, N.A., provides various banking products and services to businesses, not-for-profit associations, and entrepreneurs in the United States.

Infotel

Market Cap: €241.4m

Designs, develops, markets, and maintains software solutions in the areas of security, performance, and management in France, rest of Europe, and the United States.

Brunswick

Market Cap: US$4.6b

Designs, manufactures, and markets recreation products in the United States, Europe, the Asia-Pacific, Canada, and internationally.

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.

Andritz

Market Cap: €5.9b

Engages in the provision of industrial machinery, equipment, and services in Europe, North America, South America, China, Asia, Africa, Australia, and internationally.

China Yuchai International

Market Cap: €1.5b

Manufactures, assembles, and sells diesel and natural gas engines for trucks, buses, pickups, construction and agricultural equipment, and marine and power generation applications.

Tokuyama

Market Cap: €267.9b

Produces and sells various chemical products in Japan.

Euroseas

Market Cap: US$496.5m

Provides ocean-going transportation services worldwide.

Victrex

Market Cap: UK£469.2m

Through its subsidiaries, engages in the manufacture and sale of polymer solutions worldwide.

Talgo

Market Cap: €367.1m

Engages in design, manufacture, and maintenance of railway and auxiliary machinery for the maintenance of railway systems rolling stock worldwide.

Bidvest Group

Market Cap: €77.1b

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

KWS SAAT SE KGaA

Market Cap: €2.2b

KWS SAAT SE & Co. KGaA breeds, produces, and distributes seeds for agriculture.

Cabka

Market Cap: €43.0m

Manufactures and sells pallets and large containers made from recycled plastic in Europe, North America, and internationally.

Wesdome Gold Mines

Market Cap: €3.3b

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

Flowco Holdings

Market Cap: US$2.3b

Through its subsidiaries, provides production optimization, artificial lift, and emissions management and monetization solutions for the oil and natural gas industry in the United States.

TF1

Market Cap: €1.4b

Operates as a media and entertainment company, primarily engages in television broadcasting, content creation, and distribution of audiovisual rights in France, Continental Europe, and internationally.

Brinker International

Market Cap: €6.3b

Owns, develops, operates, and franchises casual dining restaurants in the United States and internationally.

Corebridge Financial

Market Cap: €11.3b

Provides retirement solutions and insurance products in the United States.

Mersen

Market Cap: €524.7m

Manufactures and sells electrical power products and advanced materials in France, North America, rest of Europe, the Asia-Pacific, and internationally.

Aston Martin Lagonda Global Holdings

Market Cap: €371.6m

Engages in the design, development, manufacture, and marketing of luxury sports cars in the United Kingdom, the Americas, the Middle East, Africa, rest of Europe, and the Asia Pacific.

Slide Insurance Holdings

Market Cap: US$2.2b

Offers property and casualty insurance services in the United States.

Urban Outfitters

Market Cap: US$5.8b

Offers lifestyle products and services.

Robert Walters

Market Cap: UK£55.3m

Provides professional recruitment consultancy services worldwide.

OceanaGold

Market Cap: €9.4b

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

Eiffage

Market Cap: €12.3b

Engages in the construction and concessions industries in France, rest of Europe, and internationally.

High Tide

Market Cap: CA$279.3m

Engages in the cannabis retail business in Canada, the United States, and internationally.

OSB Group

Market Cap: UK£1.9b

Through its subsidiaries, operates as a specialist mortgage lending company in the United Kingdom and India.

Bonheur

Market Cap: NOK 9.7b

Engages in the renewable energy, wind service, and cruise businesses in the United Kingdom, Norway, Europe, Asia, the Americas, Africa, and Internationally.