Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

ICG

Market Cap: UK£5.3b

A private equity firm specializing in direct and fund of fund investments.

Nippon Paint Holdings

Market Cap: JP¥2.3t

Engages in the paints and fine chemicals businesses in Japan, Asia, the United States, Europe, and internationally.

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥12.2b

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

Hollywood Bowl Group

Market Cap: UK£427.5m

Operates ten-pin bowling and mini-golf centers in the United Kingdom and Canada.

Kumagai GumiLtd

Market Cap: JP¥254.2b

Operates as a construction company in Japan and internationally.

Future

Market Cap: JP¥136.8b

Provides IT consulting and services primarily in Japan.

Stella-Jones

Market Cap: US$4.5b

Manufactures and sells industrial pressure-treated wood products in Canada and the United States.

Jinzai Food GroupLtd

Market Cap: CN¥5.0b

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

Beijing New Building Materials

Market Cap: CN¥44.2b

Manufactures and sells building materials in China.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥28.1b

Manufactures and sells power distribution in China and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥24.5b

Operates in the cement technology equipment and engineering services industry in China and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥24.5b

Operates in the cement technology equipment and engineering services industry in China and internationally.

ShenZhen YUTO Packaging Technology

Market Cap: CN¥34.8b

Engages in the research, design, development, production, and sale of paper printing and packaging products in China and internationally.

Inspur Digital Enterprise Technology

Market Cap: HK$2.8b

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.

Stanmore Resources

Market Cap: AU$2.1b

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

Acrow

Market Cap: AU$269.5m

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

ISOTeam

Market Cap: S$65.3m

Operates in the building maintenance and estate upgrading industry in Singapore.

Trajan Group Holdings

Market Cap: AU$57.2m

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.

Industri Jamu dan Farmasi Sido Muncul

Market Cap: Rp14.2t

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

Qoria

Market Cap: AU$388.9m

Qoria Limited markets, distributes, and sells cyber safety products and services in Australia, New Zealand, the United Kingdom, the United States, Europe, and internationally.

Duc Giang Chemicals Group

Market Cap: ₫20.3t

Manufactures industrial products in Vietnam.

Bank BTPN Syariah

Market Cap: Rp7.5t

Operates as a sharia commercial bank providing a comprehensive range of banking products and services in Indonesia.

Bank CIMB Niaga

Market Cap: Rp41.6t

Provides various banking products and services in Indonesia and internationally.

Aeris Resources

Market Cap: AU$466.9m

Explores, produces, and sells precious metals in Australia.

Aluminum Corporation of China

Market Cap: HK$221.5b

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$29.1b

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.

IndiQube Spaces

Market Cap: ₹36.6b

Provides workplace solutions and value-added services in India.

MCNEX

Market Cap: ₩381.5b

Manufactures and sells camera modules in South Korea and internationally.

Innocean Worldwide

Market Cap: ₩784.0b

Provides marketing and communications services in the Americas, Europe, Asia, Oceania, the Middle East, and internationally.

Cheil Worldwide

Market Cap: ₩2.0t

Provides various marketing and advertising solutions worldwide.

Indofood Sukses Makmur

Market Cap: Rp61.0t

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

Fosun International

Market Cap: HK$33.8b

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

Bank Mandiri (Persero)

Market Cap: Rp412.1t

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

JVM

Market Cap: ₩287.4b

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

Metcash

Market Cap: AU$2.9b

Operates as a wholesale distribution and marketing company in Australia.