Global Potentially Undervalued Companies

China Foods

Market Cap: HK$7.8b

An investment holding company, manufactures, distributes, markets, and sells Coca-Cola series products in the People’s Republic of China.

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Lithia Motors

Market Cap: €8.0b

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

INDUS Holding

Market Cap: €580.1m

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

Kapsch TrafficCom

Market Cap: €101.0m

Provides intelligent transportation systems technologies, solutions, and services in Austria, Europe, the Middle East, Africa, the Asia-Pacific, and the Americas.

OceanaGold

Market Cap: €4.3b

A gold and copper producer, engages in exploration, development, and operation of mineral properties in the United States, the Philippines, and New Zealand.

Thungela Resources

Market Cap: €12.5b

Engages in the mining and production of thermal coal in South Africa and Australia.

lastminute.com

Market Cap: CHF 160.3m

Operates in the online travel industry providing dynamic holiday packages in Italy, Spain, the United Kingdom, France, Germany, and internationally.

Gamma Communications

Market Cap: UK£1.0b

Provides technology-based communications and software services to small, medium, and large-sized organizations in the United Kingdom, rest of Europe, and internationally.

Pollard Banknote

Market Cap: €588.7m

Manufactures and sells lottery and charitable gaming products and solutions in the United States, Canada, and internationally.

Bank Mandiri (Persero)

Market Cap: €436.8t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Hong Kong, Timor Leste, Shanghai, Malaysia, England, and the Cayman Islands.

CES Energy Solutions

Market Cap: €1.6b

Engages in the design, implementation, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada.

Axalta Coating Systems

Market Cap: US$6.5b

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.

Alaris Equity Partners Income Trust

Market Cap: €869.9m

A private equity firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, growth capital, and mature investments.

Big Yellow Group

Market Cap: UK£1.8b

Big Yellow is the UK's brand leader in self storage.

Sanofi

Market Cap: €101.3b

A healthcare company, engages in the research, development, manufacture, and marketing of therapeutic solutions in the United States, Europe, and internationally.

Amneal Pharmaceuticals

Market Cap: €2.5b

A global biopharmaceutical company, develops, manufactures, markets, and distributes generics, injectables, biosimilars, and specialty branded pharmaceutical products worldwide.

Gecina

Market Cap: €6.5b

A leading operator, that fully integrates all the expertise of real estate, owning, managing, and developing a unique prime portfolio valued at €17.4bn as at December 31, 2024.

Housing and Development Bank- Egypt (S.A.E)

Market Cap: ج.م32.4b

Together with its, provides corporate and retail banking services in Egypt.

FNM

Market Cap: €177.9m

Engages in the railway mobility business in Italy.

MONY Group

Market Cap: UK£1.2b

Engages in the provision of price comparison and lead generation services through its websites and applications in the United Kingdom.

Arcadis

Market Cap: €3.8b

Offers design, engineering, architecture, and consultancy solutions for natural and built assets in The Americas, Europe, the Middle East, and the Asia Pacific.

Absa Group

Market Cap: €147.4b

Provides retail and business banking, corporate and investment banking, insurance, financial, and wealth management products and services in South Africa and internationally.

FDJ United

Market Cap: €5.6b

Engages in the gaming operation and distribution business in France and internationally.

Luceco

Market Cap: €216.6m

Manufactures and distributes wiring accessories, LED lighting, and portable power products in the United Kingdom, the Americas, Europe, the Middle East, Africa, the Asia Pacific.

ProCredit Holding

Market Cap: €540.7m

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

SergeFerrari Group

Market Cap: €61.2m

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

DEME Group

Market Cap: €3.3b

Provides marine solutions in the fields of offshore energy, dredging, marine infrastructure, and environmental works in Belgium, Europe, Africa, the United States, Asia, Oceania, and the Middle East.

Arnoldo Mondadori Editore

Market Cap: €550.3m

Engages in publishing of books and magazines in Italy, rest of Europe, and the United States.

Rede D'Or São Luiz

Market Cap: R$72.9b

Operates a network of hospitals in Brazil.

ANTA Sports Products

Market Cap: €260.5b

Engages in the research, design, development, manufacture, market, and sale of professional sports footwear, apparel, and accessories in China and internationally.

Alibaba Group Holding

Market Cap: US$273.0b

Through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally.

GFT Technologies

Market Cap: €587.3m

Provides digital transformation services.

Universal Health Services

Market Cap: US$10.9b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities.

Shenzhen Fuanna Bedding and FurnishingLtd

Market Cap: CN¥6.1b

Engages in the research and development, design, production, and sale of textile home furnishing, sleep home furnishing, and living products in China and internationally.

Select Harvests

Market Cap: AU$505.9m

Engages in the growing, processing, packaging, and selling of almonds and its by-products in Australia.