Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Oceania Healthcare

Market Cap: AU$521.4m

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

Lithia Motors

Market Cap: €6.6b

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

Asahi Group Holdings

Market Cap: €2.4t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Atalaya Mining Copper

Market Cap: €1.3b

Engages in the mineral exploration and development in Spain.

Prudential

Market Cap: UK£28.4b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.

Yuexiu Transport Infrastructure

Market Cap: €6.9b

Invests in, constructs, develops, operates, and manages expressways and bridges in the People’s Republic of China.

American Integrity Insurance Group

Market Cap: €384.2m

Operates as an insurance company in the United States.

SergeFerrari Group

Market Cap: €79.5m

Designs, develops, manufactures, and markets composite materials for lightweight architectural and outdoor applications in France and internationally.

Compagnie Chargeurs Invest

Market Cap: €205.9m

Operates as an industrial and financial company in France, Italy, Germany, the United States, Mainland China, Hong Kong, the United Kingdom, and internationally.

Havas

Market Cap: €1.6b

Provides communications and marketing services in France, the United Kingdom, rest of Europe, North America, Latin America, the Asia-Pacific, and Africa.

Andean Precious Metals

Market Cap: €1.1b

Engages in the acquisition, exploration, development, and processing of mineral resource properties in the United States.

Grafton Group

Market Cap: €1.8b

Distributes and sells building materials and construction related products in Ireland, the United Kingdom, Ireland, the Netherlands, Finland, and Spain.

Mears Group

Market Cap: UK£325.7m

Provides various outsourced services to the public and private sectors in the United Kingdom.

Sleep Cycle

Market Cap: €360.5m

Engages in the development of sleep analysis applications in Sweden and internationally.

Sabio Holdings

Market Cap: CA$13.5m

Operates as a technology provider in the advertising areas of connected TV (CTV) and over-the-top (OTT) streaming in the United States and the United Kingdom.

Persimmon

Market Cap: UK£3.9b

Operates as a house builder in the United Kingdom.

Ansell

Market Cap: €3.8b

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.

Hollywood Bowl Group

Market Cap: UK£458.5m

Operates ten-pin bowling and mini-golf centers in the United Kingdom and Canada.

Corebridge Financial

Market Cap: €12.9b

Provides retirement solutions and insurance products in the United States.

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.

Pollard Banknote

Market Cap: €494.0m

Engages in the manufacture and sale of lottery and charitable gaming products and solutions in the United States, Canada, and internationally.

Imperial Brands

Market Cap: UK£21.6b

Manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, the Asia, Australasia, and internationally.

Hoenle

Market Cap: €57.1m

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

DNO

Market Cap: €17.1b

Engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa.

GFT Technologies

Market Cap: €498.0m

Provides digital transformation services.

Green Thumb Industries

Market Cap: €2.1b

Manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States.

Indivior Pharmaceuticals

Market Cap: €4.0b

Engages in the development, manufacture, and sale of buprenorphine-based prescription drugs for the treatment of opioid dependence and related disorders in the United States, Europe, Canada, Australia, and internationally.

Suzano

Market Cap: R$59.2b

Manufactures and sells pulp and paper products in Brazil and internationally.

Ferrari Group

Market Cap: €719.4m

Provides shipping, integrated logistics, and value-added services for jewelry and precious goods in Europe, Asia, North America, Brazil, and internationally.

Exxaro Resources

Market Cap: €49.0b

Engages in coal, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Asia, and internationally.

Leidos Holdings

Market Cap: €19.5b

Provides services and solutions for government and commercial customers in the United States and internationally.

OceanaGold

Market Cap: €10.6b

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

Bertrandt

Market Cap: €162.2m

Provides engineering services.

ProCredit Holding

Market Cap: €532.4m

Provides commercial banking products and services for small and medium enterprises and private clients in Europe, South America, and Germany.

CENIT

Market Cap: €56.4m

Provides software solutions and associated software consulting and integration services.