Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Axalta Coating Systems

Market Cap: US$6.3b

Through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Copa Holdings

Market Cap: €4.9b

Through its subsidiaries, provides airline passenger, and cargo and mail transportation services in North America, South America, Central America, and the Caribbean.

Accenture

Market Cap: US$109.5b

Provides strategy and consulting, industry X, song, and technology and operation services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Universal Health Services

Market Cap: US$10.6b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities in the United States.

Royal Unibrew

Market Cap: DKK 20.2b

Provides beverages in Denmark, Germany, Norway, Sweden, Italy, the Netherlands, France, Finland, Lithuania, Latvia, Estonia, Belgium, Luxembourg, and internationally.

Pharming Group

Market Cap: €1.0b

A biopharmaceutical company, develops and commercializes protein replacement therapies and precision medicines for the treatment of rare diseases in the United States, Europe, and internationally.

Tecan Group

Market Cap: CHF 1.6b

Provides laboratory instruments and solutions in biopharmaceuticals, forensics, and clinical diagnostics in Europe, North America, Asia, and internationally.

CEWE Stiftung KGaA

Market Cap: €634.6m

Operates as a photo service and online printing provider in Germany and internationally.

Chongqing Baiya Sanitary Products

Market Cap: CN¥8.0b

Chongqing Baiya Sanitary Products Co., Ltd.

REC

Market Cap: ₹984.8b

Engages in the provision of financing services for power generation, transmission, and distribution projects in India.

Aluminum Corporation of China

Market Cap: HK$230.0b

Primarily engages in the exploration and mining of bauxite, coal, and other resources in the People's Republic of China and internationally.

Genscript Biotech

Market Cap: HK$30.3b

An investment holding company, engages in the manufacture and sale of life science research products and services in the United States of America, Europe, Mainland China, Europe, Asia Pacific, and internationally.

Acrow

Market Cap: AU$302.2m

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

Xiamen C&D

Market Cap: CN¥26.0b

Engages in the supply chain and real estate development businesses in China and internationally.

Far East Horizon

Market Cap: HK$35.4b

Provides various financial services in Mainland China, Hong Kong, and internationally.

Stanmore Resources

Market Cap: AU$2.0b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

Inspur Digital Enterprise Technology

Market Cap: HK$2.6b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

Metcash

Market Cap: AU$3.1b

Operates as a wholesale distribution and marketing company in Australia.

Industrial Bank

Market Cap: CN¥384.7b

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

Military Commercial Bank

Market Cap: ₫211.0t

Provides banking products and services in Vietnam.

Middleby

Market Cap: US$6.6b

Designs, manufactures, markets, distributes, and services of commercial restaurant and food processing equipment worldwide.

Tourism Holdings

Market Cap: NZ$457.9m

Operates as a tourism company worldwide.

Pepper Money

Market Cap: €779.4m

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

Sinopharm Group

Market Cap: HK$60.0b

Engages in the wholesale and retail of pharmaceutical and healthcare products, and medical devices in the People’s Republic of China.

Geely Automobile Holdings

Market Cap: CN¥248.6b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp278.4t

Provides information and communications technology, and telecommunications network services worldwide.

LHN

Market Cap: S$265.7m

An investment holding company, engages in space optimization, property development, facilities management services, and energy businesses in Singapore, Hong Kong, Myanmar, Indonesia, and Cambodia.

Indofood Sukses Makmur

Market Cap: Rp60.6t

Operates as a food solutions company in Indonesia, rest of Asia, Africa, and internationally.

KMD Brands

Market Cap: NZ$89.8m

Designs, markets, wholesales, and retails apparel, footwear, and equipment for surfing and the outdoors under the Kathmandu, Rip Curl, and Oboz brand names.

Industri Jamu dan Farmasi Sido Muncul

Market Cap: Rp14.7t

Provides herbal medicines, cosmetics, and foods and beverage products in Indonesia.

Fosun International

Market Cap: HK$32.7b

Operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally.

Beijing New Building Materials

Market Cap: CN¥42.4b

Manufactures and sells building materials in China.

Phison Electronics

Market Cap: NT$366.2b

Designs, manufactures, and sells flash memory controllers and peripheral system applications in Asia, the United States, Europe, Australia, and internationally.

Morimatsu International Holdings

Market Cap: HK$8.2b

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

Anhui Conch Cement

Market Cap: CN¥107.8b

Manufactures, sells, and trades in clinker and cement products in China and internationally.