Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Industrial Bank

Market Cap: CN¥369.5b

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

Far East Horizon

Market Cap: HK$35.4b

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

New Hope Dairy

Market Cap: CN¥14.4b

Produces and sells dairy products in China.

JVM

Market Cap: ₩268.9b

Develops and sells automation systems and software of dispensing, packaging, and medication management for hospitals and pharmacies worldwide.

Aeris Resources

Market Cap: AU$496.8m

Explores, produces, and sells precious metals in Australia.

China Overseas Property Holdings

Market Cap: HK$12.4b

An investment holding company, provides property management services in Hong Kong, Macau, and Mainland China.

Pentair

Market Cap: €12.1b

Provides various water solutions in the United States, Western Europe, China, Latin America, the Middle East, Southeast Asia, Australia, and Canada.

Calfrac Well Services

Market Cap: CA$605.5m

Provides specialized oilfield services in Canada, the United States, and Argentina.

Bosideng International Holdings

Market Cap: €48.5b

Engages in the apparel business in the People’s Republic of China.

Brambles

Market Cap: US$23.0b

Operates as a supply-chain logistics company.

Orsero

Market Cap: €255.4m

Imports and distributes fruits and vegetables in Europe, Latin America, and Central America.

Concentra Group Holdings Parent

Market Cap: US$3.2b

Provides occupational health services in the United States.

Oji Holdings

Market Cap: €659.9b

Manufactures and sells pulp and paper products in Japan, China, rest of Asia, North and South America, Europe, Oceania, and internationally.

Research Solutions

Market Cap: €71.7m

Through its subsidiaries, provides research cloud-based software-as-a-service software platform and related services to corporate, academic, government and individual researchers in the United States, Europe, and internationally.

Cosmax

Market Cap: ₩2.1t

Researches, develops, produces, and manufactures cosmetic and health function food products in Korea and internationally.

Hwaseung Enterprise

Market Cap: ₩240.2b

Manufactures and sells shoes.

CellaVision

Market Cap: SEK 2.9b

Develops and sells instruments, software, and reagents for blood and body fluids analysis in Sweden and internationally.

Pentair

Market Cap: €12.1b

Provides various water solutions in the United States, Western Europe, China, Latin America, the Middle East, Southeast Asia, Australia, and Canada.

Heidelberg Materials

Market Cap: €30.8b

Produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide.

Uber Technologies

Market Cap: €146.2b

Develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

Montea Comm. VA

Market Cap: €1.6b

A listed real estate company under Belgian law that specializes in logistics property in Belgium, the Netherlands, France, and Germany.

PORR

Market Cap: €1.3b

Operates as a construction company in Austria, Germany, Poland, the Czech Republic, Italy, Romania, Switzerland, Serbia, Great Britain, Slovakia, Norway, Belgium, and internationally.

Tongcheng Travel Holdings

Market Cap: €34.4b

An investment holding company, provides travel related services in the People’s Republic of China.

Arcadis

Market Cap: €3.0b

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

Man Wah Holdings

Market Cap: €13.9b

An investment holding company, engages in the manufacture and distribution of sofas and ancillary products in the People's Republic of China, Europe, North America, and internationally.

High Tide

Market Cap: US$290.1m

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

Forbo Holding

Market Cap: CHF 1.0b

Engages in the production and sell of floor coverings, building and construction adhesives, and belt for power transmission and conveyor technology worldwide.

Sabre

Market Cap: €604.8m

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

Travel + Leisure

Market Cap: €4.1b

Provides hospitality services and travel products in the United States and internationally.

Amphastar Pharmaceuticals

Market Cap: US$811.8m

A bio-pharmaceutical company, develops, manufactures, markets, and sells generic and proprietary injectable, inhalation, and intranasal products in the United States, China, and France.

Gamma Communications

Market Cap: UK£890.1m

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

Hansen Technologies

Market Cap: AU$967.4m

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

Cheil Worldwide

Market Cap: ₩1.9t

Provides various marketing and advertising solutions worldwide.

Fosun International

Market Cap: HK$32.5b

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

Sinopharm Group

Market Cap: HK$54.8b

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