Global Potentially Undervalued Companies

Carrefour

Market Cap: €12.6b

Operates as a food retailer in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, the Middle East, Africa, and Asia.

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.

Shanghai Yuyuan Tourist Mart (Group)

Market Cap: CN¥21.5b

Shanghai Yuyuan Tourist Mart (Group) Co., Ltd.

Wynn Resorts

Market Cap: Mex$7.8b

Designs, develops, and operates integrated resorts.

Aker BP

Market Cap: US$137.5b

Explores for, develops, and produces oil and gas on the Norwegian Continental Shelf.

CESC

Market Cap: ₹208.1b

An integrated electrical utility company, engages in the generation and distribution of electricity in India.

Vedanta

Market Cap: ₹1.5t

A diversified natural resources company, explores, extracts, and processes minerals, and oil and gas in India, Europe, China, the United States, Mexico, and internationally.

China Everbright Environment Group

Market Cap: HK$21.1b

An investment holding company, provides environmental solutions worldwide.

Sinoma International EngineeringLtd

Market Cap: CN¥24.8b

Engages in the engineering, equipment manufacture and supply, and other businesses in China and internationally.

Hubei Xingfa Chemicals Group

Market Cap: CN¥22.5b

Develops, produces, and sells phosphorus-based chemicals in China and internationally.

KMD Brands

Market Cap: AU$234.9m

Designs, markets, wholesales, and retails apparel, footwear, and equipment for surfing and the outdoors under the Kathmandu, Rip Curl, and Oboz brands in New Zealand, Australia, North America, Europe, Southeast Asia, and Brazil.

Adaro Minerals Indonesia

Market Cap: Rp36.2t

Engages in metallurgical coal mining business in Indonesia.

Shenzhen YHLO Biotech

Market Cap: CN¥8.6b

Researches, develops, produces, sells, and services in vitro diagnostic instruments and reagents in China and internationally.

Grand Pharmaceutical Group

Market Cap: HK$19.6b

An investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical preparations and medical devices, biotechnology and healthcare products, and pharmaceutical raw materials.

Parade Technologies

Market Cap: NT$41.4b

Operates as a fabless semiconductor company in South Korea, China, Taiwan, Japan, and internationally.

China National Building Material

Market Cap: HK$30.9b

An investment holding company, engages in building material, new materials, and engineering technical services businesses.

Emaar Properties PJSC

Market Cap: د.إ110.0b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

China Resources Land

Market Cap: HK$187.5b

An investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China.

Jiangshan Oupai Door Industry

Market Cap: CN¥2.6b

Engages in the research, development, manufacture, processing, sale, and service of wooden doors in China and internationally.

China Overseas Property Holdings

Market Cap: HK$17.3b

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

Middle East Healthcare

Market Cap: ر.س6.0b

A healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Middle East and North Africa.

Adairs

Market Cap: AU$372.9m

Operates as a specialty retailer of home furnishings, furniture, and decoration products in Australia and New Zealand.

China Tower

Market Cap: HK$190.2b

Provides telecommunication tower infrastructure services in the People's Republic of China.

Beijing New Building Materials

Market Cap: CN¥49.0b

Manufactures and sells building materials in China and internationally.

Fujian Funeng

Market Cap: CN¥27.0b

Engages in the production and sale of electricity and heat in China.

Trajan Group Holdings

Market Cap: AU$120.4m

Develops, manufactures, sells, and distributes analytical and life science products and devices in Australia, New Zealand, Malaysia, Japan, the United States, Europe, the Middle East, Africa, and India.

Apeloa PharmaceuticalLtd

Market Cap: CN¥16.0b

Provides raw materials and intermediates to various pharmaceutical factories in the People’s Republic of China and internationally.

Anhui HeliLtd

Market Cap: CN¥14.4b

Engages in the manufacture and sale of industrial vehicles in the People’s Republic of China.

LX Semicon

Market Cap: ₩823.0b

Operates as a semiconductor company in South Korea, China, Vietnam, Taiwan, Japan, and internationally.

Capacit'e Infraprojects

Market Cap: ₹31.4b

Engages in the engineering, procurement, and construction business in India.

COSCO SHIPPING Ports

Market Cap: HK$15.5b

An investment holding company, manages and operates ports and terminals in Mainland China, Hong Kong, Europe, and internationally.

L.G. Balakrishnan & Bros

Market Cap: ₹36.7b

Manufactures and sells transmission chains, sprockets, and metal formed parts for automotive and industrial applications in India and internationally.

Wus Printed Circuit (Kunshan)

Market Cap: CN¥52.8b

Engages in the research, development, design, manufacture, and sale of printed circuit boards in China.

IPH

Market Cap: AU$1.2b

Provides intellectual property (IP) services and products.

Bombardier

Market Cap: US$8.3b

Engages in the design, manufacture, and sale of business aircraft and aircraft structural components worldwide.