Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Monash IVF Group

Market Cap: AU$243.5m

Engages in the provision of assisted reproductive and specialist women imaging services in Australia and Malaysia.

Morimatsu International Holdings

Market Cap: HK$9.7b

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

Lucky Harvest

Market Cap: CN¥8.0b

Engages in the research, development, production, and sale of precision stamping dies and structural metal parts in China.

Industrial Bank

Market Cap: CN¥397.7b

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

Acrow

Market Cap: AU$266.4m

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

China Mengniu Dairy

Market Cap: HK$62.9b

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

China Resources Land

Market Cap: HK$209.5b

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

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥14.3b

Operates as contract development and manufacturing organization (CDMO) company in China and internationally.

Ganyuan Foods

Market Cap: CN¥4.7b

Engages in the research and development, production, and sales of snack foods in China.

C&D International Investment Group

Market Cap: HK$29.3b

An investment holding company, engages in the property development, real estate industry chain investment services, and industry investment activities in the People’s Republic of China.

Hansen Technologies

Market Cap: AU$920.1m

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

Migros Ticaret

Market Cap: ₺105.7b

Engages in the retail sale of food and beverages, consumer, and durables goods in Turkey.

Trajan Group Holdings

Market Cap: AU$67.9m

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.

China Hongqiao Group

Market Cap: HK$344.3b

An investment holding company, manufactures and sells aluminum products.

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.

Aeon (M) Bhd

Market Cap: RM 1.5b

Operates and manages a retail chain of departmental stores and supermarkets in Malaysia.

Adairs

Market Cap: AU$224.3m

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

GPT Group

Market Cap: AU$8.7b

GPT is one of Australia’s leading property groups, with assets under management of $34.1 billion across a portfolio of high quality retail, office and logistics assets.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.3b

Provides chemical supply chain solutions worldwide.

Aurelia Metals

Market Cap: AU$397.9m

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

Guangdong Haid Group

Market Cap: CN¥90.9b

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

China Railway Group

Market Cap: CN¥129.5b

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

Grand Pharmaceutical Group

Market Cap: HK$24.2b

An investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical preparations and medical devices, biotechnology and healthcare products, and pharmaceutical raw materials.

Angel Oak Mortgage REIT

Market Cap: US$201.8m

A real estate finance company, focuses on acquiring and investing in first lien nonqualified mortgage loans and other mortgage-related assets in the United States mortgage market.

INDUS Holding

Market Cap: €682.1m

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

Sword Group

Market Cap: €289.6m

Provides IT and software solutions.

Grand Pharmaceutical Group

Market Cap: €24.2b

An investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical preparations and medical devices, biotechnology and healthcare products, and pharmaceutical raw materials.

Compagnie de Saint-Gobain

Market Cap: €33.3b

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

Regis Resources

Market Cap: €4.7b

Engages in the exploration, evaluation, and development of gold projects in Australia.

Eurobank

Market Cap: €12.0b

Provides retail, corporate and private banking, asset management, treasury and capital market, and other services in Greece, Bulgaria, Cyprus, and Luxembourg.

Alpha Bank

Market Cap: €7.0b

Provides various banking and financial products and services in Greece and internationally.

Janus International Group

Market Cap: US$729.0m

Manufactures and supplies turn-key self-storage, commercial, and industrial building solutions in North America and internationally.

AMG Critical Materials

Market Cap: €1.0b

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

Banco BPM

Market Cap: €16.9b

Provides banking and financial products and services to individual, business, and corporate customers in Italy.

Prudential

Market Cap: UK£26.7b

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