Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Asahi Group Holdings

Market Cap: €2.3t

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

Aeris Resources

Market Cap: AU$514.8m

Explores, produces, and sells precious metals in Australia.

Red Rock Resorts

Market Cap: US$5.8b

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

Huhtamäki Oyj

Market Cap: €2.9b

Provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally.

Longfor Group Holdings

Market Cap: HK$60.5b

An investment holding company, engages in the property development, commercial investment, asset management, property management, and smart construction businesses in the People’s Republic of China.

Safran

Market Cap: €117.0b

Engages in the aerospace and defense businesses in France, rest of Europe, the Americas, the Asia-Pacific, Africa, and the Middle East.

World Kinect

Market Cap: US$1.2b

Operates as an energy management company in the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

East West Bancorp

Market Cap: US$14.2b

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.

Xiamen C&D

Market Cap: CN¥26.4b

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

LiveRamp Holdings

Market Cap: US$1.7b

A technology company, operates a data collaboration platform in the United States, Europe, the Asia-Pacific, and internationally.

Astra International

Market Cap: €233.2t

Operates in the automotive, financial services, heavy equipment, mining, construction, energy, agri, infrastructure and logistics, information technology, and property businesses in Indonesia and internationally.

Fauji Cement

Market Cap: PK₨95.6b

Engages in the manufacturing and selling of various types of cement in Pakistan.

Tecan Group

Market Cap: CHF 1.5b

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

High Tide

Market Cap: US$271.6m

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

Converge Information and Communications Technology Solutions

Market Cap: ₱95.9b

Converge Information and Communications Technology Solutions, Inc.

Pharming Group

Market Cap: €933.2m

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.

FirstSun Capital Bancorp

Market Cap: US$991.6m

Operates as the bank holding company for Sunflower Bank, National Association that provides commercial and consumer banking and financial services to small and medium-sized companies in the United States.

Axalta Coating Systems

Market Cap: US$5.4b

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.

COLTENE Holding

Market Cap: CHF 273.7m

Develops, manufactures, and sells disposables, tools, and equipment for dentists and dental laboratories in Europe, the Middle East, Africa, North America, Latin America, and Asia/Oceania.

XP

Market Cap: US$9.4b

Provides financial products and services in Brazil.

q.beyond

Market Cap: €89.7m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

Sabre

Market Cap: US$521.6m

Operates as a software and technology company for the travel industry in the United States, Europe, Asia-Pacific, and internationally.

Bayerische Motoren Werke

Market Cap: €46.0b

Develops, manufactures, and sells automobiles and motorcycles, spare parts, and accessories worldwide.

Gap

Market Cap: US$8.9b

Operates as an apparel retail company in the United States, Canada, Japan, Taiwan, and internationally.

Reynolds Consumer Products

Market Cap: €4.4b

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

OceanaGold

Market Cap: €9.2b

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

AGNC Investment

Market Cap: US$11.0b

Provides private capital to housing market in the United States.

Fosun International

Market Cap: HK$31.0b

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

Suzano

Market Cap: R$62.0b

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

Enovis

Market Cap: US$1.3b

A medical technology company, focuses on developing clinically differentiated solutions in the United States and internationally.

Geely Automobile Holdings

Market Cap: CN¥210.5b

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

Herc Holdings

Market Cap: US$3.4b

Operates as an equipment rental supplier in the United States and internationally.

Leidos Holdings

Market Cap: €20.9b

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

Trisul

Market Cap: R$1.3b

Engages in the construction and development of real estate properties in Brazil.

Metcash

Market Cap: AU$3.2b

Operates as a wholesale distribution and marketing company in Australia.